September 3, 2020 | Archive

Findings From 2020 The Thousand & America’s Best Real Estate Professionals Rankings

9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d
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

For the first time, we ranked teams in our reports by their size based on the number of licensed Realtors® they had on the team. Small teams had 2-5 members, medium teams had 6-10, and large teams had 11 or more. We’ve measured the relative production and productivity of these different-sizes teams and found some interesting data:  

                                    Sides per         Volume per        Average # of All
Size of Team            Realtor®             Realtor®                   Realtors®

Small team                     31.3               $9,035,723                       3.5

Medium team               18.1               $6,110,378                       7.5

Large team                     12.8               $4,776,607                     17.8

Overall                             17.1               $6,981,540                       7.2

Now look at the average productivity per team:

Size of Team                        Total Sides                      Total Volume

Small teams                             109.6                                $31,625,030

Medium teams                       135.8                                $45,827,835

Large teams                             227.8                                $85,023,604

If we assume a national average commission rate of 2.45% for each of these teams, then small teams are averaging $777,976 in gross commissions (before splits or cost-sharing with their brokerage firm), $1.2 million in gross commissions for medium teams and $2.1 million for large teams.

Looking at teams on our 2020 REAL Trends + Tom Ferry America’s Best Rankings, the aggregate numbers of sides, volume and gross commission income estimates are as follows: 

Total transaction sides                             116,759

Total sales volume                                     $47,669,955,120

Total gross commissions                          $1,167,913,900

We thought these data numbers would be of interest to our readers.

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

Log In

Forgot Password?

Don't have an account? Please