Click Here

REALTORŪ Magazine Online: The real estate professional's business support tool.

OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®

Daily Real Estate News  |  May 20, 2011  |   The Brokerages With Highest Sales Volume Are...
The 500 largest real estate brokerages in the nation completed fewer transaction sides last year than in 2009 but had a slight boost in total sales volume, according to the latest report from communications company Real Trends, which each year ranks the country’s largest brokerages by transaction sides and closed sales volume.

Overall, the 500 largest real estate brokerages in the country completed 6.7 percent fewer transaction sides in 2010 than in 2009. Total sales volume, however, increased 1.3 percent to $513 billion.

For example, NRT Inc.--which ranked No. 1 in overall closed transaction sides and closed sales--saw its sales volume increase 5.4 percent to $112.9 billion in 2010. Other companies experienced even larger percentage boosts in sales volume, such as Houlihan Lawrence, which had a 37.3 percent jump in sales volume, and Prudential Douglas Elliman, which saw a 33.5 percent jump in sales volume in 2010 to $11.5 billion.

Here are the brokerage rankings based on 2010 closed sales volume:

1. NRT LLC
2. HomeServices of America Inc.
3. The Long & Foster Companies Inc.
4. Prudential Douglas Elliman Real Estate
5. Prudential Fox & Roach REALTORSŪ
6. Alain Pinel REALTORS Inc.
7. Hanna Holdings Inc.
8. ZipRealty Inc.
9. First Team Real Estate
10. William Raveis Real Estate Inc.

RISMedia also published its 2011 Power Broker Report in April, ranking the top 300 brokerages in the country based on the previous year’s closings. Read the "Power Brokers Gaining Steam" article in the June issue of REALTORŪ Magazine for coverage and analysis.

Source: “Top 25 Largest Brokerages Nationwide,” Inman News (May 11, 2011)


Read more:
Powers Brokers Gaining Steam


Browse all of today's news
E-mail this page to a friend
Give us feedback


Search news
Launch my search
 
Subscribe to news
Subscribe to News
Daily and weekly real estate news, trends, NAR press releases, convention coverage, plus exclusive features and columns.

RSS Feed
Get the Daily Real Estate News delivered straight to your desktop or news aggregator. (New to RSS? Learn the basics here.)
 
 
SHARE YOUR INSIGHTS
How did you sell it?
Tell us how you overcame hurdles to sell a challenging or very unique listing!