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Accounttech Index Reports: Labor and Non-Wage Expenses October 2025

In October 2025, real estate firms cut labor costs to 5.3% of income, down from September and year‑ago levels, while wages per agent also fell month over month, AccountTECH reported.
Management teams are optimizing headcount and expenses as real estate firms reshape cost structures to meet year‑end performance planning, with industry guidance on non‑wage expense thresholds over 10%.
Firms reduced non‑productive headcount, which raised non‑wage expenses per agent despite tighter control over controllable and operational spending in October.
Strategic cost cuts are improving efficiency while preserving productivity, as real estate firms use operational efficiency measures to respond to industry expense indices .
Historically unprofitable firms are actively trimming expenses, with full‑year labor‑cost trends showing sustained improvement and longer‑term staffing and compensation strategies.

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