The first year eXp qualified for the RealTrends 500 was 2017, when they ranked No. 47 by sides with 9,490 transaction sides (based on 2016 data). This year, they are No. 3 in transaction sides and No. 4 in sales volume, mirroring last year’s rankings.
Phoenix, Tampa and Miami reported the highest year-over-year increases among the 20 cities analyzed in the Case-Shiller Index, with annual increases in January of 32.6%, 30.8% and 28.1%, respectively.
Beverly Hills, California-based The Agency leads the top 50 firms in average sales price by sides with a whopping $2.5 million average sales price in the 2022 RealTrends 500 brokerage rankings.
eXp Realty and Compass lead the top movers by transactions. Different from our top movers by transaction side percentage, this is the actual numeric increase in transaction sides year to year between 2020 and 2021.
Keller Williams and RE/MAX lead the list of the top 50 one-year movers by percentage transaction sides, with Keller Williams — Cunningham Group, based in Santa Monica, California, seeing a 136% increase in sides between 2020 and 2021. Data for the 2022 RealTrends 500 rankings is based on 2021 sales.
Global luxury real estate brokerage The Agency announced the opening of its 32nd franchise and its debut in the Midwest, with a new office located in Birmingham, Michigan.
The new Better Homes and Gardens Real Estate affiliate was founded in 1958 and has been led by co-owners Doug and Jeri Fuller since 2006.
The Corcoran Group announced the launch of its second brokerage affiliate in the state of Georgia. Both affiliates are owned by broker Sarah Ellis.
Now is the time to review every expense in your business. Now is the time to correct the P&L for a market that will clearly adjust in next two years. Inflation, rising interest rates, geopolitical issues, decreases in NCD % all take a toll on your P&L. Top-line growth via units sold and price appreciation tends to mask all inefficiencies.
Today’s RealTrending podcast features an exclusive interview with Bob Corcoran of Bob Corcoran & Associates in Florida. Bob’s been coaching high performance real estate teams for over 30 years and has helped multiple team leaders sell their businesses. Bob discusses how real estate teams and independent agents can build viable exit strategies when they are ready to move on.
