More attractive real estate agents mean higher prices and profits (2024)

At least for real estate agents, it turns out that beauty is indeed more than skin deep.

A recent study of physical attractiveness and how it impacts real estate brokers' pay and productivity shows that the more attractive the real estate agent, the higher the listing price of the home for sale.

Those higher listings lead to higher sales prices, meaning that beauty enhances an agent's wage, said the report by Frank Mixon, professor of economics at Columbus State University's Turner College of Business.

He collaborated on the article, "Broker beauty and boon: a study of physical attractiveness and its effect on real estate brokers' income and productivity." with Sean P. Salter, from the Jennings A. Jones College of Business at Middle Tennessee State University and Ernest W. King from the College of Business at the University of Southern Mississippi. The article was published in the Applied Financial Economics journal last year.

To reach their conclusions, the professors asked 402 people to look at photographs of real estate agents. The pictures were taken from the agents' websites. Respondents were asked to rate each individual depicted for "physical attractiveness or beauty" on a scale of one to 10, with one representing "very unattractive" and 10 representing "very attractive."

Researchers then compared those figures to Multiple Listing Service data regarding transactions for properties that were listed between June, 2000 and November, 2007. Researchers looked at listing prices, sales prices and the time properties spent on the market before the sale was completed.

In general, the research found that the agents who were rated more attractive had listings with higher prices and larger commissions, which comes from higher sales prices for attractive agents.

"Given the nature of the brokerage system, this confirms our theory that beauty enhances an agent's wage," the researchers wrote in the report.

"The results weren't surprising to me," Mixon said. "There is a growing literature in economics that relates physical attractiveness to productivity in the workplace, and to all sorts of choices people make."

But while prices were found to be higher for more attractive agents, the research noted that things may equal out in the long run because agents who were rated "less attractive" had more listings and more sales. The researchers note that this may "suggest that more attractive agents may be using beauty to supplement, rather than to complement, other productive activities."

Mixon, who also is studying the impact of physical attractiveness in other areas, said it is important to note that "attractiveness is not the 'be all, end all' -- it just helps to tip the scales when competitors are otherwise equally talented or skilled."

More attractive real estate agents mean higher prices and profits (2024)

FAQs

Do attractive realtors make more money? ›

Researchers looked at listing prices, sales prices and the time properties spent on the market before the sale was completed. In general, the research found that the agents who were rated more attractive had listings with higher prices and larger commissions, which comes from higher sales prices for attractive agents.

Does being attractive help with being a real estate agent? ›

Being attractive, for both listing and selling agents, is associated with higher final sale price for a house, with the effect on house prices of having an attractive listing agent is about twice as large as that of an attractive selling agent.

Do looks matter as a realtor? ›

Real estate agent's professional appearance and attire

Appearance is extremely important, as most clients tend to hire agents based on appearance and gut feeling.

Why are all real estate agents attractive? ›

But generally, people in sales are more likely to be attractive because they are in a business where first impressions matter. There is also a certain “Realtor look” that throws off a successful image that is magnetic for many people (and can also intimidate others).

Are attractive real estate agents more successful? ›

Attractive agents don't necessarily earn more annually than less attractive agents. The houses they sell go for a higher price, but they sell fewer houses than do less attractive agents (presumably because each house is on the market for longer).

What type of realtors make the most money? ›

High Paying Real Estate Agent Jobs
  • Real Estate Appraiser. ...
  • Real Estate Consultant. ...
  • Residential Real Estate Agent. ...
  • Real Estate Analyst. ...
  • Housing Specialist. ...
  • Real Estate Processor. ...
  • Real Estate Assistant. Salary range: $38,000-$54,500 per year. ...
  • Timeshare Sales Agent. Salary range: $34,000-$34,000 per year.

What personality is best for a real estate agent? ›

Most real estate agents are associated with the ENTP personality. ENTP stands for extraversion, intuition, thinking, and perceiving.

Are real estate agents flirty? ›

In some industries, though, there aren't any rules prohibiting this behavior. This is true in the real estate field, where agents and brokers will even flirt with clients to seal the deal. Therefore, it's not uncommon for agents or clients to want to take things further romantically.

What personality fits a real estate agent? ›

The folks at HR Profiling Solutions have described what they consider to be the best DISC personality type blend for a real estate agent this way: D - Moderately Dominant, decisive and persistent without being pushy. I - Highly Influential, people oriented, enthusiastic, sociable and optimistic.

Do attractive real estate agents sell more? ›

And even though attractive agents may command higher selling prices, they do not necessarily outperform their less attractive counterparts; though their homes may sell for more, they also sell fewer properties, and the final sale totals balance out.

How should you dress as a real estate agent? ›

Business casual is suitable these days because the agent should be comfortable, yet ready to interact with clients. Khaki pants, turtlenecks, jackets, and cardigans are all easy-going ways to remain professional while tackling routine office work. Of course, almost anything goes when an agent is working from home.

Why are some realtors better than others? ›

Communication and marketing are THE most important aspects of this job. Time management is another thing that will separate your great agents from your average agents. The great ones know how to use their time in the most effective way.

Are most millionaires real estate agents? ›

Out of the 250 top producing agents identified in the Real Trends survey, the following percentages of agents are found in the following five states: California: 44% New York State: 24% Florida: 7%

What is the biggest problem real estate agents face? ›

Here are five of the biggest challenges real estate agents encounter on their road to success – and how to overcome them.
  1. Market Fluctuations. Nothing stays the same in real estate. ...
  2. Fierce Competition. ...
  3. Long Hours. ...
  4. Time Management.
Nov 18, 2023

What is the toughest thing about being a real estate agent? ›

One of the hardest things about being a real estate agent is smoothing your income so that it is consistent throughout the year. This requires discipline and rigorous budgeting. Some agents take second jobs.

Can you be a millionaire as a realtor? ›

It can be done. In fact, it has been done. But it doesn't happen by luck or accident. This is the first in a series of articles detailing how you, as a newly licensed agent, could set yourself up to be successful enough to to make $1 million in your first year.

What do realtors struggle with the most? ›

Here are five of the biggest challenges real estate agents encounter on their road to success – and how to overcome them.
  1. Market Fluctuations. Nothing stays the same in real estate. ...
  2. Fierce Competition. ...
  3. Long Hours. ...
  4. Time Management.
Nov 18, 2023

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