Occupational Employment Statistics

DETAILED OCCUPATION DATA

41-9022 Real Estate Sales Agents

Occupational Description:
Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

Occupational Employment Statistics(OES) Wage Data
First Quarter 2025

Geography	Employment	Emp SE*	Percentiles
Geography	Employment	Emp SE*	Mean	10th	25th	Median	75th	90th
Southwest Minnesota	100	13	$32.02/hr	$16.85/hr	$18.98/hr	$23.19/hr	$44.19/hr	$59.99/hr

Leading Industries for Real Estate Sales Agents

Industry	OES Employment (Statewide)	OES Median Wage (Statewide)
Natural Resources and Mining	N/A	N/A
Construction	50	N/A
Trade, Transportation and Utilities	N/A	N/A
Financial Activities	2,180	$22.21/hr
Professional and Business Services	130	$35.10/hr
Education and Health Services	10	$24.33/hr
Leisure and Hospitality	N/A	N/A
Public Administration	70	$39.95/hr

Other Regional Data for Real Estate Sales Agents

Geography	Employment	Median Wage	Projections % Change 2022-2032
Grand Forks ND-MN MSA	N/A	N/A	N/A
Southeast Balance of State	N/A	$44.47/hr	N/A
Northeast Balance of State	20	$37.27/hr	N/A
St Cloud MN MSA	40	$18.81/hr	N/A
Mankato-North Mankato MN MSA	50	$20.40/hr	N/A
Rochester MN MSA	50	$23.86/hr	N/A
Northeast Minnesota	60	$33.02/hr	-0.5%
Southeast Minnesota	70	$35.65/hr	0.5%
Northwest Balance of State	70	$34.01/hr	N/A
Duluth MN-WI MSA	80	$28.25/hr	N/A
Southwest Balance of State	80	$37.64/hr	N/A
Northwest Minnesota	90	$34.01/hr	0.0%
Southwest Minnesota	100	$23.19/hr	-1.0%
La Crosse WI-MN MSA	100	$23.56/hr	N/A
Central Minnesota	140	$22.02/hr	0.0%
Fargo ND-MN MSA	190	$31.81/hr	N/A
Seven County Mpls-St Paul, MN	1,880	$22.41/hr	3.1%
Minneapolis-St Paul-Bloomington MN-WI MSA	2,000	$22.73/hr	N/A
Minnesota	2,480	$23.15/hr	1.8%

Related Occupations

Occupations	Employment	Median Wage	Projections % Change 2022-2032
Real Estate Brokers	1,090	$32.22/hr	1.8%
Property, Real Estate, and Community Association Managers	4,990	$31.08/hr	4.0%
Advertising Sales Agents	1,630	$29.54/hr	-7.9%

Task for Real Estate Sales Agents

Appraise properties to determine loan values.
Compare a property with similar properties that have recently sold to determine its competitive market price.
Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
Advise clients on market conditions, prices, mortgages, legal requirements, and related matters.
Coordinate appointments to show homes to prospective buyers.
Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.