Castle Rock, Colorado — March 29, 2018 — REAL Trends, the trusted source for news and research about the real estate brokerage industry, announced the results of the 2018 REAL Trends 500, an independently verified compilation of the nation’s leading residential real estate companies.
According to a research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the nation closed over 3.2 million residential sales transactions in 2017. These transactions represent approximately one-third of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500 represented less than one-half of one percent of all brokerage firms. The 500-ranked brokers closed 3.2 million home transactions with a value of over $1.1 trillion during 2017, up from $1.0 trillion in the calendar year 2016.
Included in The 500 is Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS headquartered in Greenville, SC. C. Dan Joyner, REALTORS closed 4,473 transactions for a combined sales volume of over $1 billion in 2017, ranking it as the top firm in the Upstate of South Carolina.
This year’s survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms.
“Housing sales in the nation were up 1.1 percent in 2017 from 2016. REAL Trends 500 firms were up 3.3 percent in the same period,” said Steve Murray, president of REAL Trends. “For the fourth year in a row, the nation’s largest brokerage firms gained market share.”
It took 1,899 transactions to be included in this year’s REAL Trends 500, up from a minimum of 1,843 transactions a year ago. In 2016, there were 235 firms recording over $1 billion in residential sales while there were 274 firms that accomplished this in 2017.
To view the rankings, go to https://www.realtrends.com/rankings/rt500.
About REAL Trends: REAL Trends has been The Trusted Source for news, analysis and information about the residential real estate industry since 1987. We are a privately-held publishing, communications and consulting company based in Castle Pines, Colorado. Residential real estate leaders find timely and trusted information and analysis through our yearly event—Gathering of Eagles—our monthly newsletter and other publications.
About Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS: Founded in 1964 by C. Dan Joyner, Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS is the Upstate’s leading real estate company, selling more homes than any other firm in this region. The family-owned company has over 420 agents and eleven offices and provides residential and commercial real estate, property management, relocation and senior services. For more information, visit www.cdanjoyner.com.