“Real estate services firms spotlighted in the RealTrends 500 experienced a 12.5% increase in transaction sides, and a 22.7% increase in transaction volume compared to last year, demonstrating an ability to gain market share amid a challenging market.
IRVING, Texas (PRWEB) March 25, 2021
The RealTrends 500, now in its 34th year, remains the undisputed leader in ranking the performance of residential real estate services firms. Due to the requirement of independent verification, the RealTrends 500 is The Trusted Source for information about performance of these firms.
HomeServices of America and Realogy Brokerage Group continue their run as the largest brokerages by transaction sides, according to the 2021 RealTrends 500 (RT500), an independently verified compilation of the nation’s leading residential real estate companies. HomeServices saw a 4.1% increase in transaction sides, while Realogy saw a 2.5% increase. eXp Realty, ranked No. 3, saw an extraordinary 82.9% increase in transaction sides, followed closely by Compass at No. 4 with a 70.9% increase.
Over 1,750 firms qualified for this year's RealTrends 500. According to the research report produced by RealTrends, the 500 largest residential real estate brokerage firms in the nation closed over 3.9 million residential sales transactions in 2020. These transactions were valued at over $1.6 trillion.
Rankings are produced in several ways. Firms are ranked based on closed transaction sides, then by sales volume. Firms ranked by sales volume may not appear in the rankings by transaction sides due to differences in mean sales prices of homes across the country. RealTrends is aware that there are significant numbers of brokerage firms that would qualify to be ranked in the survey but, for their own reasons, chose not to submit to the study. As such, any data that readers use to qualify market shares of a firm on this study or of national organizations should not be considered complete or authoritative.
At the end of 2020, HW Media acquired RealTrends content, events and rankings along with certain other assets. HW Media and its team will proudly carry on the tradition of being The Trusted Source in real estate services rankings.
"The RealTrends 500 remains the definitive source for verified brokerage ranking data, and HW Media is proud to publish the 34th edition of these rankings,” states Mark Adams, Director of Real Estate at RealTrends, Mark Adams. “Real estate services firms spotlighted in the RealTrends 500 experienced a 12.5% increase in transaction sides, and a 22.7% increase in transaction volume compared to last year, demonstrating an ability to gain market share amid a challenging market. RealTrends would like to thank all our partners for their participation in this year's survey. Without their support, this report would not be possible."
To view the rankings, go to: https://www.realtrends.com/real-trends-500/.
About HW Media:
HW Media aspires for audiences to “Come for the content, and stay for the community.” By aligning vertical expertise and innovative b2b marketing solutions, HW Media answers the ever-evolving needs of modern professionals, brands and marketers. Based in Dallas, TX with team members across the country, HW Media was founded in 2016 through the acquisition of HousingWire and is owned by Riomar Capital, an entrepreneurial investment firm.
HW Media is the publisher of HousingWire, FinLedger and RealTrends.