August 25, 2021 | Archive

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

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Tracey Velt is the Senior Director of Data & Content. She is the host of the popular RealTrending podcast, manages content for the real estate team and The Gathering and leads editorial and sponsored research across the HW Media brands. Tracey has more than 25 years of experience writing and editing for the real estate industry and is the former editor in chief of Florida Realtor magazine.see full bio

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%.

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.

3d rendering of a row of luxury townhouses along a street

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