When will you be a real estate agent?

Homebuyers will soon have to choose between choosing an agent or an agent in the private sector, and some experts are predicting a boom in the sector.

The latest HomeBuyers Guide from real estate broker Zillow says the sector will be worth $8.3bn (£5.4bn) in 2021 and $14.3 billion in 2022, while the number of agents in the market will double to 6,000.

It predicts the industry will grow at 7.2 per cent a year until 2028.

The industry is expected to create jobs in the construction, retail and healthcare sectors.

Zillow said the industry is growing at the fastest rate in 25 years, with job growth expected to accelerate in the next decade.

It said that in the last 12 months there has been a 6.2 percent increase in job vacancies and a 5.9 percent increase overall vacancy rate.

It predicted a 20 to 25 per cent rise in vacancy rates in 2019 and 2020.

The firm added that the number and number of vacancies has risen since the end of 2016.