According to a recent research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the nation controlled just over 2 million residential sales transactions in 2013. The transactions represent close to 32.6 percent of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500 represented less than three-fifths of one percent of all brokerage firms. The 500 ranked brokers closed 2,577,483 home transactions with a value of over $767 billion during 2013 up from $624 billion in calendar year 2012.
Of the top 500 brokerage firms ranked, RE/MAX Alliance ranked 24th in residential sales transactions in 2013 with 12,570. RE/MAX Alliance also ranked 26th in total volume in 2013 with $3,676,333,185.
The 2014 REAL Trends 500 is a compilation of a nationwide study of leading residential real estate companies conducted by REAL Trends, the trusted source for useful and timely information. This year's survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms.
“The recovery in housing sales was reflected in the results from the REAL Trends 500,” says REAL Trends editor Steve Murray. “There were a record number of firms that closed more than $1 billion in sales and over 1,000 units. Unit sales were up 13.0 percent overall and total sales volume was up 23.0 percent. There were over 1,450 firms that qualified for either the REAL Trends 500 or the Up and Comer list. Many of the firms that had increased unit sales accomplished this through organic growth while merger activity remained slower than in years past. We expect acquisition activity to pick up, however, in the years to come as the market consolidates.”
“As an organization, we are very pleased to have ranked so high in the transactions and volume categories,” said Chad Ochsner, RE/MAX Alliance president. “These rankings are a testament to the hard work and perseverance of all our agents and the dedication of our staff throughout our organization. We are honored to be ranked in the top 500 year after year.”
REAL Trends, Inc. is a research, publishing and communication company located in Denver serving the information needs of the residential real estate industry.
RE/MAX Alliance has over 770 full-time sales associates averaging 15-plus years of experience and 20 strategically located offices across the Front Range from Ft. Collins to Douglas Elbert.