Offices of Real Estate Agents and Brokers vs Residential Property Managers

Side-by-side revenue comparison of these two business types.

MetricOffices ofResidential Property
Average Revenue$880K$2.6M
Profit Margin20.0%20.0%
Est. Owner Income$176K$519K
Revenue / Employee$329K$211K
Labor Cost %25.0%25.0%
Total Businesses143,24839,462
Startup Cost (Low)$10K$50K
Startup Cost (High)$50K$250K
5-Year Survival Rate60.0%50.0%
YoY Growth5.0%5.0%
Avg Employee Wage$85K$62K