2020 wasn't just a great year for mortgage lenders — real estate companies had a banner year as well. The 2021 RealTrends 500, released yesterday, shows exactly who is leading the pack.
Of course, it depends on what you're measuring. As Managing Editor James Kleimann writes: "HomeServices of America Inc. reigned supreme as the largest residential brokerage in America by transaction sides last year, but such activity didn't result in more sales volume than its chief rivals, publicly traded brokerage colossus Realogy or controversial New York upstartCompass.
"HomeServices of America, a subsidiary of Warren Buffet's Berkshire Hathaway conglomerate, was involved in 343,220 brokerage sides and etched out $150.4 billion in sales volume. Realogy, meanwhile, participated in 333,737 deal sides but won the overall volume game with $184.6 billion in 2020 sales."
Looking at the franchises in the top 50 by transaction sides, you have:
8 Keller Williams franchises
5 Berkshire Hathaway franchises
3 RE/MAX franchises and
3 Coldwell Banker franchises.
Read about all of the top 10 brokerages here, or peruse the whole list of 500 at RealTrends here.
In this Girlfunds podcast crossover episode, Liz Gehringer, Coldwell Banker Real Estate chief operating officer, discusses how she created the Women in Leadership platform at Coldwell Banker and how the program champions Coldwell's next generation of women leaders.
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