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Occupational Employment Statistics


DETAILED OCCUPATION DATA

41-9022 Real Estate Sales Agents



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.

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Seven County Mpls-St Paul, MN 1,97066$25.88/hr$15.59/hr$16.36/hr$19.33/hr$30.70/hr$50.14/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Natural Resources and MiningN/AN/A
Construction60$15.82/hr
ManufacturingN/AN/A
Trade, Transportation and UtilitiesN/AN/A
Financial Activities2,410$19.32/hr
Professional and Business Services80$39.90/hr
Education and Health Services10$31.66/hr
Leisure and HospitalityN/AN/A
Other ServicesN/AN/A
Public Administration60$39.94/hr
 
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Fargo ND-MN MSA N/A$30.50/hrN/A
Southwest Balance of State N/AN/AN/A
Northeast Balance of State 20$15.41/hrN/A
Grand Forks ND-MN MSA 30$27.75/hrN/A
St Cloud MN MSA 50$19.95/hrN/A
Mankato-North Mankato MN MSA 70$18.69/hrN/A
Rochester MN MSA 70$16.33/hrN/A
Northeast Minnesota 80$17.79/hr-2.9%
Duluth MN-WI MSA 80$17.79/hrN/A
Southeast Balance of State 80$17.26/hrN/A
Central Minnesota 100$19.32/hr-0.9%
La Crosse WI-MN MSA 100$25.19/hrN/A
Southwest Minnesota 130$17.71/hr-1.1%
Northwest Balance of State 130$17.57/hrN/A
Southeast Minnesota 140$17.26/hr-3.8%
Northwest Minnesota 150$17.26/hr2.2%
Seven County Mpls-St Paul, MN 1,970$19.33/hr4.2%
Minneapolis-St Paul-Bloomington MN-WI MSA 2,040$19.33/hrN/A
Minnesota 2,640$19.33/hr2.9%


Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Real Estate Brokers 1,500$40.09/hr2.9%
Property, Real Estate, and Community Association Managers 4,150$30.55/hr0.4%
Advertising Sales Agents 1,690$25.35/hr-2.8%


  • 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.