HousingWire Magazine Supplement: June 2022
Editorial Director, RealTrends, a HousingWire sister organization.
I’m guaranteed you have all read advertisement nauseam about the lower housing stock impacting the sector. Regardless of that, the 2022 RealTrends best actual estate brokerage companies did a file quantity of transaction sides in 2021 (our 2022 rankings are dependent on 2021 details).
And, the best corporations grew industry share at history charges. The top rated 4 — Realogy Brokerage Team, HomeServices of America, Compass and eXp Realty — now have 20% sector share in the U.S. These 4 brokerage companies did just about $20 billion in household gross fee revenue, up from $14 billion in 2020, an maximize of 43% in a person 12 months — and which is just what 4 corporations did!
The RealTrends 500, now in its 35th yr, continues to be the undisputed leader in ranking the performance of residential authentic estate companies corporations. Due to the necessity of independent verification, the RealTrends 500 is The Trusted Source for details about general performance of these companies. In this distinctive health supplement to HousingWire journal, independent from the rankings, are the 2022 RealTrends GameChangers.
Each individual calendar year, RealTrends announces its GameChangers — brokerage leaders who grew their brokerages radically over the earlier 5 decades. Brokerages are preferred dependent on transaction aspect percentage expansion concerning 2017-2021. GameChangers are broken down by impartial brokerage corporations and franchised brokerage corporations.
Spoiler alert: Compass had a whopping 2,025% development in transaction facet proportion. In the franchise class, No. 1 was Iowa-dependent brokerage RE/MAX Precision with 498% expansion. Recognizing that realty services corporations do extra than broker housing transactions, we also emphasize the addition of core expert services, such as mortgage loan, title coverage, escrow, residence/casualty insurance coverage and other styles of products and solutions connected to the true estate procedure.
Enjoy this special portion of HousingWire journal! If you want to check out out the June 2021 HousingWire Journal, go right here.