Real Estate Agency and Brokerage Market Report 2026

Real Estate Agency and Brokerage Market Overview

• Real Estate Agency and Brokerage market size has reached to $1539.26 billion in 2025 • Expected to grow to $2114.1 billion in 2030 at a compound annual growth rate (CAGR) of 6.7% • Growth Driver: Urbanization Boom Fueling Demand For Real Estate Agency And Brokerage • Market Trend: AI Powered Agent Tools Improving Brokerage Efficiency • Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Real Estate Agency and Brokerage Market?

A real estate agency is a business that sells, rents, and manages homes and commercial properties as a service to its clients. Brokerage refers to a real estate activity focused on assisting buyers and/or sellers in purchasing property against the commission for the service provided. The main types of real estate agencies and brokerages are residential buildings and dwellings brokers, non-residential buildings brokers, mini-warehouses and self-storage unit brokers, and other brokers. A real estate broker is a licensed real estate dealer who has completed further schooling and obtained a local real estate broker license. The different modes include online, and offline and involve various property types such as fully furnished, semi-furnished, and unfurnished.

What Is The Real Estate Agency and Brokerage Market Growth Forecast?

The real estate agency and brokerage market size is expected to see strong growth in the next few years. It will grow to $2114.1 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising globalization of property investments, increasing urbanization and infrastructure expansion, growing focus on structured real estate transactions, rising demand for secure property management services, strengthening adoption of digital property marketplaces. Major trends in the forecast period include growth of digital property listing and online brokerage platforms, rising adoption of virtual property tours and digital transactions, increasing integration of smart property data analytics, expansion of tech enabled real estate advisory services, strengthening focus on secure digital payment and transaction systems.

Global Real Estate Agency and Brokerage Market Segmentation

1) By Type: Residential Buildings And Dwellings Brokers, Non-Residential Buildings Brokers, Mini Warehouses And Self-Storage Units Brokers, Other Brokers 2) By Mode: Online, Offline 3) By Property Type: Fully Furnished, Semi-Furnished, Unfurnished Subsegments: 1) By Residential Buildings And Dwellings Brokers: Single-Family Homes, Multi-Family Homes, Condominiums, Townhouses 2) By Non-Residential Buildings Brokers: office buildings, Retail Spaces, Industrial Properties, Hospitality Properties 3) By Mini Warehouses And Self-Storage Units Brokers: Personal Storage Units, Business Storage Solutions 4) By Other Brokers: Land Brokers, Agricultural Brokers, Specialty Property Brokers

What Is The Driver Of The Real Estate Agency and Brokerage Market?

Economic growth and a rapidly growing urban population are expected to increase the demand for real estate agency and brokerage, during the forecast period. The increasing number of rural residents migrating into cities is resulting in an increasing demand for access to affordable housing and commercial spaces. This provides a significant opportunity for real estate service providers to improve housing, retail, and other commercial services. Globally, around 60% of urban settlements remained to be built. For instance, in April 2023, according to the data published by the World Bank, a US-based international financial institution, around 4.4 billion people, or 56% of the world's population, presently reside in cities. By 2050, approximately 7 out of 10 people will live in cities, with the urban population predicted to more than double from its current level. This rapid urbanization is expected to boost the demand for real estate agencies and brokers and drive the real estate agency and brokerage industry going forward.

Key Players In The Global Real Estate Agency and Brokerage Market

Major companies operating in the real estate agency and brokerage market report are CBRE Group, Jones Lang LaSalle (JLL), Cushman & Wakefield, Savills, Colliers, Knight Frank, RE/MAX, Keller Williams Realty, Coldwell Banker Realty, Sotheby’s International Realty, Compass, Anywhere Real Estate Inc., HomeServices of America, Berkshire Hathaway HomeServices, Century 21 Real Estate, Engel & Völkers, Better Homes and Gardens Real Estate, ERA Real Estate, Douglas Elliman Realty, Marcus & Millichap, Newmark Group, FAM Properties, Allsopp & Allsopp, Driven Properties, Betterhomes

Global Real Estate Agency and Brokerage Market Trends and Insights

Major companies operating in the real estate agency and brokerage market are focusing on developing innovative solutions, such as AI-driven business assistants and live buyer demand analytics, to gain a competitive advantage. AI-driven business assistants and live buyer demand analytics harness machine learning to deliver real-time insights, automate routine tasks, and enhance client engagement, helping brokers make data-driven decisions, improve service quality, and reduce operational friction. For instance, in October 2025, eXp World Holdings Inc., a US-based brokerage, launched Mira, an AI-powered business assistant that provides instant personalized insights from live data, supports voice and text interaction in multiple languages, and streamlines access to internal systems and revenue tracking for agents. Mira enhances agent productivity and responsiveness, allowing them to focus on high-value activities, improve conversion rates, and increase client satisfaction.

What Are Latest Mergers And Acquisitions In The Real Estate Agency and Brokerage Market?

In March 2025, Rocket Companies, Inc., a US based financial technology and mortgage lending company, acquired Redfin Corporation for $1.75 billion. With this acquisition, Rocket aimed to integrate Redfin’s online real estate platform and agent network with its mortgage origination and housing services to create a more seamless end to end homebuying experience and expand its market presence across the real estate value chain. Redfin Corporation is a US based real estate technology and brokerage company that specializes in providing a digital home search platform, real estate brokerage services, and related consumer housing resources and listings.

Regional Outlook

Asia-Pacific was the largest region in the real estate agency and brokerage market in 2025. North America was the second-largest region in the real estate agency and brokerage market. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

What Defines the Real Estate Agency and Brokerage Market?

The real estate agency and brokerage services market consist of revenues earned by entities that act as agents and/or brokers for real estate activities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Real Estate Agency and Brokerage Market Report 2026?

The real estate agency and brokerage market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the real estate agency and brokerage industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.