Chicago-based Leading Real Estate Companies of the World® announced its 2013 sales statistics today, which again reflect the global network’s dominance in the residential real estate market.
Network affiliates produced over one million transactions valued at $314 billion in home sales in 2013, over $47 billion more than its closest network competitor. In the top 108 markets across the U.S., Leading Real Estate Companies of the World® affiliates also led, with #1 market rankings in 39% of those cities, a testament to the strength of local brands.
Among the top 500 firms in the country, LeadingRE affiliates outsold all other networks in home sales units by over 34%, according to REAL Trends 500, which ranks the largest companies by transaction sides and sales volume. Within this elite group, Leading Real Estate Companies of the World® members represented 15 of the top 25 firms in the U.S. in sales volume and produced 25% of the total sales units – over a third more sales than its closest competitor.
“We are delighted to report such impressive results from our network affiliates, indicating the continued leadership of our premier locally-branded firms,” said Pam O’Connor, LeadingRE president/CEO. “Coming together under the LeadingRE banner, these firms create a real estate powerhouse that outsells any single network.”
Figures for the top 500 firms are verified and published by REAL Trends. Figures for total sales of all networks are estimated by using average sales units per agent and average sales price for firms in each respective network from published sources for 2013 production.
The 500+ firms affiliated with Leading Real Estate Companies of the World® are represented by 3,500 offices and 120,000 associates in more nearly 50 countries worldwide. The organization provides its affiliates with an extensive range of brokerage services, which include lead generation, cross-market referrals, branding support, luxury marketing, online exposure, technology systems, and industry-leading professional development. To learn more about Leading Real Estate Companies of the World®, visit www.LeadingRE.com.