Cincinnati, Ohio (PRWEB) May 11, 2013
Sibcy Cline Realtors was recently ranked number 38 among the nation's largest real estate firms by a recent research report by REAL Trends. Sibcy Cline services Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana. The company had 9,213 residential transaction sides closed last year. This number was an increase of 11% from 2011. Sibcy Cline had $1,729,300 in sales volume, representing an increase of 8.8% from 2011.
According to the research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the national controlled over 2 million residential sales transactions in 2012. The transactions represent close to 29.8 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 mega-brokers closed 2,290,269 home transactions with a value of over $264 billion during 2012.
Says Rob Sibcy, president of Sibcy Cline Realtors, "We are pleased to be at the top of the REAL Trends 500 list of largest brokers in the U.S. for 2012. The first quarter for 2013 has been strong for our company and our agents have been very busy with listings and sales. We expect a strong year for 2013."
In the Real Trends report, Sibcy Cline Realtors also ranked number 17 among the top Leading Real Estate Companies of the World affiliates. (Leading Real Estate Companies of the World is a global network of over 500 independent real estate firms with 4,600 offices and 140,000 sales associates in 30 countries. Its membership dominates the U.S. list of top 500 real estate firms.)
Sibcy Cline ranked number 11 when compared with other real estate companies that offered affiliate services such as mortgage, title, home warranties, and insurance. The company had a total of 8,231 core-service transactions in 2012.
Says REAL Trends editor Steve Murray, “Unit sales in U.S. were up 15.3 percent overall and total sales volume was up 20.7 percent.”
The 2013 Real Trends 500 is a compilation of a nationwide study of leading real estate companies conducted by REAL Trends, research, publishing and communciation company located in Denver, Colorado, serving the information needs of the residential real estate company. Numbers are documented by outside accounting firms.
Sibcy Cline Realtors is the largest regional real estate broker for Cincinnati and Dayton, Ohio; Northern Kentucky; and Southeastern Indiana. In business since 1930, company has 1,150 real estate agents and 23 branch office locations. The company offers services that include real estate, mortgage, relocation, title, insurance and home services.