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Redfin has always strived to be the best employer in real estate, and in my nearly 15 years with the company I\u2019ve found the best way to do that is simply to listen. That\u2019s why we run a regular survey of non-Redfin agents to stay up to date on the state of the real estate industry. This survey helps us better understand what agents want, what buyers and sellers want, and how changes in the industry, government, and society are affecting agents.\u00a0<\/span><\/p>\n While our industry is made of all kinds of professionals who help transactions run smoothly, our survey focuses on agents who completed deals in 2024. It\u2019s also worth noting that agents who participated in our survey tended to be further along in their careers\u2013the typical respondent had more than 10 years of experience, with 83.8% working full-time.\u00a0<\/span><\/p>\n There are many important findings that stood out to me as being important for Redfin and the wider industry to consider, including:<\/span><\/p>\n Our goal is to better understand the unique challenges facing agents trying to make it in this industry and in turn,\u00a0 be a better employer and a more informed force for good within the real estate community.<\/span><\/p>\n In a slow market, agents are closing more deals and earning more money<\/i><\/b><\/p>\n Nearly three out of five (58%) agents earned more than $50,000 in 2024, up from 49% in 2023. The share of agents making higher incomes also increased, with nearly 30% earning more than $100,000, up from 22% in 2023.\u00a0<\/span><\/p>\n\n
\nAgent Performance<\/b><\/h2>\n