RealTrends 500 Report Ranks Nation’s Largest Real Estate Firms. Here are some insights from the recently released rankings.
HomeServices of America and
Realogy Brokerage Group continue their run as the largest brokerages by transaction sides, according to the 2021 RealTrends 500 (RT500), an independently verified compilation of the nation’s leading residential real estate companies. HomeServices saw a 4.1% increase in transaction sides, while Realogy saw a 2.5% increase.
eXp Realty, ranked No. 3, saw an extraordinary 82.9% increase in transaction sides.
The report revealed the massive amount of growth between 2019 and 2020 (data for the 2021 RT 500 is pulled from 2020 data.) Closed sides were up 15.8% over 2019. When compared to the 5.6% national increase of existing home sales, we see that, for the fifth year in a row, the largest brokerage firms in the country gained market share. Sales volume was up an astounding 25.9%. Both of these growth factors are the largest that RealTrends has ever seen in its rankings.
Firms That Qualified
Over 1,750 firms qualified for this year’s RealTrends 500. According to the research report, the 500 largest residential real estate brokerage firms closed over 3.9 million residential sales transactions in 2020—up from 3.4 million in 2019. These transactions were valued at over $1.6 trillion (up from $1.3 trillion in 2019.)
This year’s RealTrends 500 represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms and/or MLS reports.
Top 10 By Transaction Sides
- HomeServices of America
- Realogy Brokerage Group
- eXp Realty
- Compass
- Hanna Holdings/Allen Tate
- Redfin
- HomeSmart
- Keller Williams Realty/GO Network Offices
- @Properties
- United Real Estate
Top 10 by Transaction Volume
- Realogy Brokerage Group
- Compass
- HomeServices of America
- eXp Realty
- Redfin
- Douglas Elliman
- Hanna Holdings/Allen Tate
- @Properties
- William Raveis
- HomeSmart
Insights From the Report
- The RealTrends 500 brokerage firms did about 38% of all brokerage-controlled sales in the country with 36.5% of all Realtors. This means that the Realtors at RT 500 brokerage were only slightly more productive than all other Realtors in the country.
- The median per-person productivity among RT 500 agents was 9.2 transactions per agent. They average was 10.5 transactions per agent.
- 365 of the 500 brokerages in the rankings are with nationally branded franchises.
RealTrends will continue to analyze the rankings to give you more insight into brokerage trends. Check back frequently for new articles.
