The 500 largest residential real estate brokerages in the country collectively closed more than 3.2 million transactions in 2017, according to the annual REAL Trends 500 report, which ranks the firms according to sides, volume, and other factors. “For the fourth year in a row, the nation’s largest brokerage firms gained market share,” says Steve Murray, president of REAL Trends, a real estate news and research company. “While we know that many incumbent firms are under pressure from new, low-cost models, the REAL Trends 500 shows that leading brokerage firms of all sizes are still growing and expanding. National organizations such as Keller Williams and eXp have previously not been among the top 10 in REAL Trends 500. This year, they are both represented, as is RE/MAX, alongside a few traditional, independent brokerage firms.”
To earn a spot on this year’s list, companies must have closed at least 1,899 transactions, a higher threshold than the 1,843 needed to make the list last year. Further, there were 235 firms in 2016 that recorded more than $1 billion in residential sales, but in 2017 that number bloomed to 274 firms.
NRT LLC, owned by Realogy, topped this year’s REAL Trends 500 list as the largest residential brokerage in the country. NRT, which operates affiliates such as Coldwell Banker, Sotheby’s International Realty, The Corcoran Group, Zip Realty, and Climb Real Estate, closed 346,942 transactions in 2017.
The following are the 10 largest brokerages on the REAL Trends 500 report, ranked by sides in 2017.
- NRT LLC: 346,942
- HomeServices of America, Inc.: 328,355
- Hanna Holdings, Inc.: 90,468
- Keller Williams Realty, GO Management Offices: 34,077
- HomeSmart: 33,601
- Crye-Leike, REALTORS®: 28,699
- eXp World Holdings, Inc.: 24,655
- Real Estate One: 24,589
- RE/MAX Results: 24,397
- Allen Tate Companies: 22,273
Source: REAL Trends