Economists' Outlook

Housing stats and analysis from NAR's research experts.

2013 Firm Survey: Characteristics of Real Estate Firms

  • Eighty percent of real estate firms have a single office, typically with two full-time real estate licensees.
  • Seventy-nine percent of firms specialize in residential brokerage.
  • 32 percent of firms are LLCs, 29 percent are sole proprietorship, 27 percent are S-Corps, and 10 percent are C-Corps.
  • The typical residential firm has been operating for 12 years, while the typical commercial firm has been operating for 18 years.
  • For more on the 2013 Firm Survey, click here.

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