Real Estate Intermediary Service Decade Long Trends, Analysis and Forecast 2025-2033

Key Insights

The global real estate intermediary service market is projected to exhibit a CAGR of XX% during the forecast period (2023-2033). The market size is estimated to reach USD XXX million by 2033, from USD XXX million in 2022. The growth of the market is attributed to the increasing number of real estate transactions, coupled with the rising trend of urbanization. The growing demand for professional assistance in buying, selling, and leasing properties is also driving the market growth.

The real estate intermediary service market is segmented by type into real estate consulting, real estate valuation, and real estate brokerage. Among these segments, the real estate brokerage segment is expected to hold the largest market share during the forecast period. This is due to the high demand for brokerage services in the buying and selling of properties. The market is also segmented by application into homeowner and tenant. The homeowner segment is expected to account for a larger market share during the forecast period, owing to the increasing number of homebuyers.

Real Estate Intermediary Service Trends

The global real estate intermediary service market size was valued at USD 772.8 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2021 to 2028. The rising urbanization, increasing disposable income, and growing demand for residential and commercial properties are the key factors driving the growth of the market.

The increasing adoption of technology in the real estate sector is also contributing to the growth of the market. Real estate intermediaries are using technology to streamline their operations, improve customer service, and gain a competitive advantage.

Driving Forces: What's Propelling the Real Estate Intermediary Service

The real estate intermediary service industry is being propelled by a number of factors, including:

• The increasing number of people buying and selling homes.
• The growing complexity of the real estate market.
• The need for professional advice and guidance when buying or selling a home.
• The desire for convenience and efficiency.

Challenges and Restraints in Real Estate Intermediary Service

The real estate intermediary service industry is also facing a number of challenges, including:

• The high cost of real estate transactions.
• The lack of transparency in the real estate market.
• The potential for fraud and abuse.
• The impact of technology on the industry.

Key Region or Country & Segment to Dominate the Market

The Asia Pacific region is expected to dominate the real estate intermediary service market over the forecast period. The region is home to some of the world's largest and fastest-growing economies, which is driving the demand for real estate.

The real estate brokerage segment is expected to account for the largest share of the market over the forecast period. This segment is benefiting from the increasing number of people buying and selling homes.

Growth Catalysts in Real Estate Intermediary Service Industry

A number of factors are expected to drive the growth of the real estate intermediary service industry over the forecast period, including:

• The increasing number of people buying and selling homes.
• The growing complexity of the real estate market.
• The need for professional advice and guidance when buying or selling a home.
• The desire for convenience and efficiency.
• The increasing adoption of technology in the real estate sector.

Leading Players in the Real Estate Intermediary Service

The leading players in the real estate intermediary service industry include:

• Side
• CENTALINE
• LianJia
• My Home Group
• Voit Real Estate Services
• Industrial Property Brokerage
• Founders 3 Real Estate
• Home&Company
• WHITNEY&Company
• CBRE Group Inc
• Belvoir Real Estate Group
• Jack Conway & Co. Inc.
• Marcus & Millichap
• Lone Wolf Technologies
• ERA Brokers
• Thomas Duke Company

Significant Developments in Real Estate Intermediary Service Sector

A number of significant developments have occurred in the real estate intermediary service sector in recent years, including:

• The increasing adoption of technology in the real estate sector.
• The emergence of new business models, such as online real estate brokerages.
• The consolidation of the industry, with larger firms acquiring smaller firms.

Comprehensive Coverage Real Estate Intermediary Service Report

This report provides a comprehensive overview of the real estate intermediary service industry, including key market trends, driving forces, challenges and restraints, key region and segment analysis, growth catalysts, leading players, and significant developments.

Real Estate Intermediary Service Segmentation

• 1. Type
  • 1.1. Real Estate Consulting
  • 1.2. Real Estate Valuation
  • 1.3. Real Estate Brokerage
• 2. Application
  • 2.1. Homeowner
  • 2.2. Tenant

Real Estate Intermediary Service Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
• 2. South America
  • 2.1. Brazil
  • 2.2. Argentina
  • 2.3. Rest of South America
• 3. Europe
  • 3.1. United Kingdom
  • 3.2. Germany
  • 3.3. France
  • 3.4. Italy
  • 3.5. Spain
  • 3.6. Russia
  • 3.7. Benelux
  • 3.8. Nordics
  • 3.9. Rest of Europe
• 4. Middle East & Africa
  • 4.1. Turkey
  • 4.2. Israel
  • 4.3. GCC
  • 4.4. North Africa
  • 4.5. South Africa
  • 4.6. Rest of Middle East & Africa
• 5. Asia Pacific
  • 5.1. China
  • 5.2. India
  • 5.3. Japan
  • 5.4. South Korea
  • 5.5. ASEAN
  • 5.6. Oceania
  • 5.7. Rest of Asia Pacific