Global Real Estate Agency and Brokerage Market Report 2022 – Market Forecast, Trends And Strategies

The global real estate agency and brokerage market size is expected to grow from $1.22 trillion in 2021 to $1.34 trillion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The real estate agency and brokerage services market is expected to reach $1.91 trillion in 2026 at a CAGR of 9.2%.

What is the Global Real Estate Agency and Brokerage Market?

The real estate agency and brokerage services market consists of sales of real estate and brokerage services by entities (organizations, sole traders and partnerships) that act as agents and/or brokers for real estate activities.

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What drives the Global Real Estate Agency and Brokerage Market?

Economic growth and a rapidly growing urban population is expected to increase the demand for residential and commercial buildings brokers, during the forecast period. The increasing number of rural residents migrating into cities is resulting in 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. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2031. This rapid urbanization is expected to boost the demand for real estate agencies and brokers and drive the real estate agency and brokerage market going forward.

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Global Real Estate Agency and Brokerage Market Segments
The global real estate agency and brokerage market is segmented:
By Type: Residential Buildings and Dwellings Brokers, Non-Residential Buildings Brokers, Mini Warehouses and Self-Storage Units Brokers, Other Brokers
By Mode: Online, Offline
By Property Type: Fully Furnished, Semi-Furnished, Unfurnished
By Geography: The regions covered in the real estate agency and brokerage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Real Estate Agency and Brokerage Global Market Report 2022provides market size and growth forecasts for the global real estate agency and brokerage market, global real estate agency and brokerage market share, real estate agency and brokerage market segments and geographies, real estate agency and brokerage market competitive landscape including leading competitors’ revenues, profiles and market shares. The real estate agency and brokerage market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Real Estate Agency and Brokerage Industry Playersinclude Realogy Holdings Corp., Mitsui Fudosan Co. Ltd., Berkshire Hathaway Inc., CBRE Group, FirstService Corporation, Sekisui House, Savills plc, Jones Lang LaSalle Inc., Colliers International and Shimizu Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.