Independent Real Estate Brands Continue to Lead with $372 Billion in Home Sales

– Global real estate network has led the industry in sales for over 10 consecutive years. –

 

CHICAGO – (4/25/18) – The independent firms that comprise Leading Real Estate Companies of the World® (LeadingRE) continue to lead the industry, with $372 billion in U.S. home sales in 2017, $55 billion ahead of its closest competitor.

Among the top 500 U.S. real estate firms, LeadingRE was responsible for more sales units than any other group, with 24.5% of the total units, totaling 1.1 million transactions.

Figures for the top 500 firms are verified and published by REAL Trends each April. Figures for total sales of all networks are estimated by using average sales units per agent for each network’s firms in the REAL Trends 500, multiplied across each network’s entire agent population.

“Independent brands continue to resonate with consumers, who are drawn to the authenticity and local expertise of firms that are deeply rooted in the community,” said LeadingRE President/CEO Paul Boomsma. “When these firms are further strengthened by the connections and resources of a global network like ours, they offer home buyers and sellers the best of both worlds – locally and globally.”

With 565 member firms in over 70 countries, Leading Real Estate Companies of the World® invites only the highest quality independent companies for membership and supports them with its award-winning professional development programs and events, innovative technology and marketing resources, industry-leading referral network, Luxury Portfolio International® marketing program, and connections to people and opportunities worldwide. To learn more about LeadingRE, visit LeadingRE.com.

To view the complete REAL Trends 500 report, visit realtrends.com/rankings/rt500.

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LeadingRE Bar Chart