Residential Property Managers vs Offices of Real Estate Agents and Brokers
Side-by-side revenue comparison of these two business types.
| Metric | Residential Property | Offices of |
|---|---|---|
| Average Revenue | $2.6M | $880K |
| Profit Margin | 20.0% | 20.0% |
| Est. Owner Income | $519K | $176K |
| Revenue / Employee | $211K | $329K |
| Labor Cost % | 25.0% | 25.0% |
| Total Businesses | 39,462 | 143,248 |
| Startup Cost (Low) | $50K | $10K |
| Startup Cost (High) | $250K | $50K |
| 5-Year Survival Rate | 50.0% | 60.0% |
| YoY Growth | 5.0% | 5.0% |
| Avg Employee Wage | $62K | $85K |