RISMedia’s highly anticipated Power Broker Report was published this quarter, and six Realty Executives franchises made the list. Released annually, RISMedia’s Power Broker Report ranks the country’s top 500 residential real estate firms and brokerages by number of transactions and sales volume. The brokers surveyed reportedly closed 3,453,108 transactions and generated $1,123,494,913,023 in sales volume in 2015.
“This represents a more than $150 billion increase in sales volume over 2014, and nearly 250,000 more transactions—a clear indicator of low inventory driving prices higher,” says Maria Patterson, executive editor at RISMedia.
Seven Realty Executives brokerages from around the U.S. garnered a spot in RISMedia’s 27th Annual Power Broker Report ranking the top 500 firms. The report ranks companies based on two sets of criteria: each brokerage’s total closed transaction sides and total sales volume over 2014.
Realty Executives Phoenix out of Scottsdale, Arizona, was the leader in Realty Executives brokerages, followed by several other offices around the U.S.
The other brokerages who won top honors were: Realty Executives Associates in Knoxville, Tennesee; Realty Executives of Santa Clarita in Santa Clarita, California; Realty Executives of Kansas City in Leawood, Kansas; Realty Executives Integrity in Brookfield, Wisconsin; Realty Executives Nevada in Las Vegas, Nevada; and a newcomer to the list from last year, Realty Executives Tucson Elite in Tucson, Arizona.
RISMedia President & CEO John Featherston called the firms included in the list among “the nation’s most elite” stating in a release that “being ranked in the Power Broker Report validates your firm’s reputation as a trusted resource for today’s homebuyers and sellers.”
The seven Realty Executives brokerages ranked overall comprise thousands of agents who within their offices closed more than $6.1 billion in real estate deals over the course of 26,211 transaction sides in 2014.Continue reading →