Growth trajectory of the global real estate agency and brokerage market
The Business Research Company Global Real Estate Agency and Brokerage Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, UK, August 29, 2022 /EINPresswire.com/ — In accordance with “Global Real Estate Agency and Brokerage Market Report 2022”, the real estate agency and brokerage market is expected to grow from $1,221.82 billion in 2021 to $1,344.45 billion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The growth of the real estate agency and brokerage market is mainly due to the reorganization of business operations and the recovery from the impact of COVID-19, which had previously led to restrictive confinement measures involving social distancing, work distance and the closure of commercial activities which led to operational difficulties. The real estate agency and brokerage market is expected to reach $1912.99 billion in 2026 with a CAGR of 9.2%. Economic growth and a rapidly growing urban population are expected to increase the demand for residential and commercial building brokers over the forecast period.
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Key Trends in the Real Estate Agency and Brokerage Market
Real estate companies are investing in artificial intelligence applications to perform various functions such as property search, building management and design. Artificial intelligence helps real estate companies find people looking to buy or sell properties, find suitable property based on customer needs, redesign office spaces based on user behavior.
Overview of the real estate agency and brokerage market
The real estate agency and brokerage services market includes sales of real estate and brokerage services by entities (organizations, sole proprietorships and partnerships) that act as agents and/or brokers for real estate activities.
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TBRC’s Global Real Estate Agency and Brokerage Market Report 2022 covers the following insights:
Market Size Data
• Forecast period: historical and future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
• By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, USA.
• By type: Brokers in residential buildings and dwellings, Brokers in non-residential buildings, Brokers in mini-warehouses and self-storage units, Other brokers
• By mode: online, offline
• By property type: fully furnished, semi-furnished, unfurnished
• By geography: The global real estate agency and brokerage market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest market share.
Major market players such as 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. Trends, opportunities, strategies and much more.
The Global Real Estate Agency and Brokerage Market Report 2022 is one of the comprehensive reports by The Business Research Company that provides an overview of the global Real Estate Agency and Brokerage Market. The market report gives an analysis of the global Real Estate Agency and Brokerage market, the global Real Estate Agency and Brokerage market size, the Real Estate Agency and Brokerage market share, the growth drivers of the global Real Estate Agency and Brokerage market and brokerage, real estate agency and brokerage market segments, the Real Estate Agency and Brokerage market key players, the global Real Estate Agency and Brokerage market growth across all geographies, the Real Estate Agency and Brokerage industry trends and revenue and market positioning of competitors in the real estate agency and brokerage market. The Global Real Estate Agency and Brokerage Market report allows you to gain insight into opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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