Chicago, IL (PRWEB) May 19, 2013
Twenty RE/MAX brokerages serving the metropolitan Chicago real estate market as part of the RE/MAX network in northern Illinois were among those recognized in the 2013 REAL Trends 500 analysis of the nation’s most productive residential real estate firms. Compiled annually by REAL Trends magazine, it is perhaps the most comprehensive annual comparison of real estate brokerage sales performance.
REAL Trends ranks the top 500 firms nationwide based on both closed transaction sides and closed sales volume during the prior year. It also recognizes all brokerage firms that close at least 500 transaction sides and uses the data it collects to measure brokerage performance in a number of other ways.
Several Chicago-area RE/MAX brokerages were ranked by REAL Trends as among the Top 50 firms nationally in specific performance categories.
RE/MAX Professionals Select of Naperville was ranked 24th in terms of closed transaction sides per associate with an average of 24.4. It also ranked 26th nationally in sales volume per associate.
RE/MAX Synergy of Flossmoor and Orland Park ranked 40th in closed transactions sides per associate, with an average of 21.5. In addition, the firm was among the 50 brokerages recording the largest percentage increase from 2011 to 2012 in both closed transactions and closed sales volume. RE/MAX Synergy was 13th in transactions with an 89 percent gain and 19th in sales volume with a 70 percent increase.
Also ranked in the Top 50 for percentage increase in closed transaction sides was RE/MAX 10, which has offices in Oak Lawn, Palos Heights and Chicago. It ranked 46th with a 45 percent increase.
Seven RE/MAX brokerages serving metropolitan Chicago ranked among the top 500 firms based on closed transaction sides. Three of those firms also were among the top 500 for closed sales volume.
Another 13 RE/MAX brokerage firms in the Chicago metro area qualified for the REAL Trends Up-and-Comers list by closing 500 or more transaction sides. Four-hundred-sixty-three RE/MAX brokerages nationwide were identified by REAL Trends as having closed at least 500 transaction sides last year.
The 20 Chicago-area RE/MAX brokerages recognized by REAL Trends represent a significant increase relative to last year, underscoring the strong rebound in local real estate sales activity.
The RE/MAX brokerages in the 2013 REAL Trends 500 are as follows:
RE/MAX Suburban, with offices in Arlington Heights, Glen Ellyn, Libertyville, Mt. Prospect, Schaumburg and Wheaton, ranked 173rd in closed transaction sides and 183rd in closed sales volume.
RE/MAX Synergy, with offices in Flossmoor and Orland Park, ranked 328th in closed transaction sides.
RE/MAX of Naperville in Naperville and RE/MAX Enterprises of Downers Grove ranked 348th in closed transaction sides and 333rd in closed sales volume.
RE/MAX 10, with offices in Chicago, Oak Lawn and Palos Park, ranked 426th in closed transaction sides.
RE/MAX Professionals Select of Naperville ranked 457th in closed transaction sides and 464th in closed sales volume.
RE/MAX Unlimited Northwest, with offices in Algonquin, Crystal Lake, Huntley, Lake Zurich and Palatine, ranked 480th in closed transaction sides.
RE/MAX Showcase, with offices in Gurnee, Long Grove and Waukegan, ranked 500th in closed transaction sides.
The following metro Chicago RE/MAX brokerages qualified as Up-and-Comers and are listed in descending order based on closed transaction sides:
RE/MAX All Pro, Bloomingdale and Sugar Grove – RE/MAX Great American North, St. Charles
RE/MAX City, Chicago
RE/MAX Action, Lisle
RE/MAX Signature, Chicago
RE/MAX of Barrington in Barrington – RE/MAX NOW in Lake Barrington
RE/MAX Excels, Geneva
RE/MAX Vision 212, Chicago
RE/MAX Experts, Buffalo Grove
RE/MAX Horizon, Elgin
RE/MAX Central, Roselle
RE/MAX 2000, Crete
RE/MAX Plaza, McHenry, Richmond, Wauconda and Woodstock
RE/MAX Advantage Realty, Antioch
The 2013 REAL Trends survey underscored the overall strength of RE/MAX nationwide. Associates at RE/MAX brokerages averaged 17.1 transaction sides last year. That figure was more than twice the 7.9 average of all competing agents in the survey. It was also twice as high as the averages posted by national competitors such as Coldwell Banker (8.5), Century 21 (8.2), Prudential (8.1) and Keller-Williams (7.3). When the survey’s top 500 brokerages were ranked by per-agent transaction sides – one of the most meaningful measures of productivity – RE/MAX claimed 40 of the spots on the Top 50 list.
Overall, 118 RE/MAX brokerages qualified to be ranked among the top 500, or nearly 24 percent, a percentage greater than any competitor. RE/MAX agents averaged $3.4 million each in sales volume, which is 60 percent more than the average of all other agents in the survey. Even with their status at the top of the industry, RE/MAX agents improved their performance over the prior year’s survey, closing 13 percent more transaction sides and 12 percent more sales volume.
RE/MAX has been the leader in the northern Illinois real estate market since 1989. The RE/MAX Northern Illinois network, with headquarters in Elgin, Ill., consists of 2,000 sales associates and 100 individually owned and operated RE/MAX offices that provide a full range of residential and commercial brokerage services. Its http://www.illinoisproperty.com and http://www.remax.com websites are leaders in consumer visits among real estate franchise brands. The northern Illinois network is part of RE/MAX LLC, a global real estate organization with 91,000 sales associates in 90+ nations. The RE/MAX organization has been recognized for numerous industry honors for excellence, and its Associates continue to lead the industry in professional designations, experience and production. Nobody in the world sells more real estate than RE/MAX. RE/MAX is the official real estate partner of Children’s Miracle Network Hospitals and the national sponsor of Susan G. Komen for the Cure®.