1. Approximately 66% of all real estate firms have ten sales associates
or less, whileonly4% have 50 Or more associates.
2. Residential real estate firms average 21 sales associates.
3. 89% of firms operate from one office, with only 7% having two
offices.
4. Proprietorships and corporations are the most common ownership form,
with only a small percentage of firms being partnerships.
S. The median age of real estate companies has decreased from eight to
seven years during the period 1981 to 1985, and 21% of firms last only two years or less.
6. Real estate firms employ only 20% of their sales force part-time,
and only about half of the companies nationwide employ part-time associates at all;
however, part-time agents make up a significant percentage of the sales force of smaller
companies.
*Statistics from a National Association of REALICRS~ survey of real
estate firms published in a recent issue of the "Warren, Gorham, and Lamont Real
Estate Outlook."