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Low-fee, teams lead real estate on Inc. 5000

Team brokerages are also well represented in list of fast growing real estate firms

Low-fee, team brokerage and alternative models lead the 2021 Inc. 5000 rankings, mirroring the 2021 RealTrends 500 rankings. Some 68 fast growing real estate brokerage firms, teams and alternative models made the list. The average three-year revenue growth rate for ranked real estate firms was 311%.

Inc. 5000 Coverage | Housing Verticals

At the top of the real estate/alternative model category, at No. 56, was Big Block Realty, which ranked No. 160 by sides and No. 91 by volume in the RealTrends 500 (RT500). Big Block is a 100% commission model based in California.

United Real Estate Group, which is ranked No. 10 by sides and No. 16 by volume in the RT500 rankings, ranked No. 1,055 on the Inc. rankings. The low-fee brokerage, which built its own end-to-end tech platform, attributes a portion of their growth to two strategic acquisitions in the Nashville and Atlanta markets. “Our tech platform, called Bullseye, is an end-to-end agent and broker productivity platform. It’s also entirely cloud-based,” said Dan Duffy, CEO of United Real Estate Group.

How did Big Block, which ranked lower than United, end up ranking higher on the Inc. 5000? RealTrends only allows residential and does not include leases, lots, rentals, land or commercial numbers in its rankings. … (Article continues on Housingwire.com)

This article was originally published by HousingWire. The full article is available on HousingWire.com for HW+ Members.

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