Monday, May 16, 2011

Top 25 Brokerages in US

As reported by RealTrends

Many of these names will mean nothing to some people.  And then again, some of these names will be recognizable to some of you.  When you recognize the names, remember this is the top 25 list of all brokerages in the US.  To understand the differences between office and brokerage, keep in mind that the brand may be a franchise, and that one franchisee owner may own 1 office.  And a group or LLC, may own 20 branded offices.  This list is full of this type as well as singly owned brokerages. 

Ranked by 2010 closed transaction sides

1. NRT LLC
2. HomeServices of America Inc.
3. The Long & Foster Companies Inc.
4. Hanna Holdings Inc.
5. ZipRealty, Inc.
6. Crye-Leike Realtors
7. Prudential Fox & Roach Realtors 
8. Coldwell Banker United
9. Realty USA 
10. Real Estate One .
11. Realty Executives
12. Baird & Warner
13. Realty One Group Inc.
14. Prudential Douglas Elliman Real Estate
15. Ebby Halliday Real Estate Inc.
16. Allen Tate Companies
17. West USA Realty Inc.
18. RE/MAX Results
19. Keller Williams Realty
20. Watson Realty Corp.
21. John L. Scott Real Estate
22. First Weber Group
23. William Raveis Real Estate Inc.
24. First Team Real Estate
25. Hunt Real Estate Corporation/ERA
Source: Real Trends

It's interesting that #5 is a virtual real estate company.  I guess it wouldn't surprise anyone that an online real estate company would do a lot of transactions, since buyer's start their searches on line today.  However, they recently closed many offices and laid off many employees, and began retooling their business model.  I guess that means, lots of traffic doesn't equal lots of profit...

Best brands with office productivity were the Keller Williams brand, making 12 of 25 of the list.  And best brand for solo agent productivity was the Re/Max brand.

Your local Pacific NW players making the list, if you didn't recogize them, were the Barbara Sue Seal Coldwell Banker offices and all John L Scott offices.  I have to give special recognition to Better Home and Garden franchisee owners Mason MacDuffee, some of my previous friends from NorthPoint are helping run this California based conglomerate.

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