December 08, 2000, 3:23 PM —
Industry statistics
Employment:
Total persons employed in the United States - 140,762,000
Active licensed real estate brokers - 755,000
Administrative support - 64,000
Snapshot:
IT professionals working in the real estate industry are a mixed breed. Many are
self-employed and contract for Web site development directly with independent
realtors.
Others work for companies such as Long & Foster, one of the largest real estate
brokerage firms. Long & Foster contracts with or employs 6,000 agents, has 141
offices, and employs an IT staff of 53.
IT salaries and numbers
Average IT salary:
National average - $70,940
Real estate and supporting industries average - $82,901
Industry experience:
Average length of IT professionals' experience in real estate and supporting
industries - 11.2 years
Hours worked:
Average weekly IT hours worked - 43.73
Web resources
Real Trends - target="_new">www.realtrends.com
Real Trends, a Littleton, Colo.-based real estate research firm, recently conducted
a survey on the use of information technology in the real estate industry.
Center for Digital Commerce -
As part of Syracuse University's School of Information Studies, the Center for
Digital Commerce conducts research on the effects of the digital economy on the real
estate industry.
Commercial Investment Real Estate Institute -
This site for certified commercial real estate professionals includes content on
the use of information technology in the commercial sector. The site also includes a
public -- albeit little-used -- software/ technology forum.
Sources: U.S. Bureau of Labor Statistics, National Association of Realtors, 2000
InfoWorld Compensation Survey,
