In a world where women still earn 77 cents for every dollar men earn, the existence of a glass ceiling is no secret. But there’s one field where the sky is the limit: residential real estate. By all accounts, women are thriving in this field.
We recently noticed an article discussing women in real estate in Real Estate Weekly. The journal reported the findings of a study titled “The Gender Report: Women Selling Brooklyn,” sponsored by Ideal Properties Group. The results showed female agents dominating the real estate market in Brooklyn.
At the real estate agency Brownstone Brooklyn, it noted, all of the residential listings within the $500,000 to $999,999 range were represented by either an individual female broker or by a team of brokers led by a female sales professional. In price levels of about $1 million, female-led or solo female brokers represented between 54% to 57% of all listings.
Aleksandra Scepanovic, managing director of Ideal Properties, summed up the study’s significance: “With the findings of this report, it is safe to say that we have proven that women are not just shattering the glass ceiling, but we have effortlessly debunked a general misconception that male superiority exists. Real estate brokerages welcome other industries in New York City to follow our lead.”
RE/MAX is proud to note a similarly welcoming environment for women. At RE/MAX of Cherry Creek, 65% of the agents are women, vs. 35% men. At RE/MAX firms nationwide, 57% of the agents are women vs. 43% men.
While the gender gap continues to trouble other service industries, we are happy to report that residential real estate is successfully bridging that divide.