DENVER, April 27, 2017 /PRNewswire/ -- RE/MAX, LLC, the
#1 name in real estate*, announced its agents outperformed agents
with other real estate brands in the 2017 REAL Trends 500 survey.
Associates affiliated with the RE/MAX network regularly average
double the number of transaction sides per agent when compared with
competitors in the annual survey of large brokerages.
"RE/MAX and members of the RE/MAX network continue to surpass
competitors in annual industry surveys and studies," said Dave
Liniger, CEO, Chairman of the Board and Co-Founder of RE/MAX, LLC.
"The 2017 REAL Trends 500 survey confirms that our agents, on
average, assist more buyers and sellers with some of the most
important transactions of their lifetimes. On behalf of everyone at
RE/MAX, I congratulate all of our brokerages that were included in
this prestigious survey."
The REAL Trends 500, now in its 30th year, ranks the performance
of the top residential real estate brokerage firms in the country.
Firms are ranked by both transaction sides and sales volume for the
previous year. For the 2017 REAL Trends Survey, firms needed to
close a minimum of 500 transaction sides in 2016 to qualify.
Highlights from the 2017 REAL Trends 500 survey include**:
• RE/MAX associates included in the survey on average outsold
competing agents with a ratio of more than two to one. Agents
affiliated with RE/MAX averaged 17.2 transaction sides while agents
with competitors averaged 7.8.
• The RE/MAX agent average of 17.2 transaction sides led all
national franchises in the ranking including Realty Executives with
11.0, Berkshire Hathaway HomeServices with 9.2, Coldwell Banker with 8.4, Century 21 with 8.2,
ERA with 8.2, Better Homes & Gardens with 6.9, Keller Williams
with 6.8 and Sotheby's International Realty with 6.5.
• RE/MAX qualified more brokerages than any other real estate
brand with 550 (32%). Keller Williams, the next closest competitor,
qualified 395 brokerages (23 percent).
• Qualifying brokerages affiliated with the RE/MAX network
claimed 88 of the top 100 brokerages when ranked by transaction
sides per associate. When ranking all 1,705 qualifying brokerages
by transaction sides per agent, the 88 RE/MAX brokerages in the top
100 averaged 30 sides per agent.
• RE/MAX agents included in the survey averaged $4.4 million in sales volume, 76 percent higher
than the $2.5 million average of all
other agents in the survey.
Earlier this year, RE/MAX once again held the top position among
real estate brands in the annual Franchise 500® survey by
Entrepreneur magazine. The growth rate, financial stability and
size of the RE/MAX system also propelled the franchisor into the
top 10 of all franchises included in the listing. This year's
ranking marked the 14th time in 18 years that RE/MAX has been
listed as the top franchisor in the survey's real estate
category.
RE/MAX was ranked the leading real estate franchise for the
eighth consecutive year in the most recent Franchise Times Top
200+® list. Continued growth and a steady increase in the number of
locations also pushed the global franchisor of real estate
brokerages into the top 10 franchises included in the survey.
RE/MAX ranked #8 overall, up from #11 in 2015, #12 in 2014 and #14
in 2013. The growth of RE/MAX sales countered the trend of the 10
largest franchised brands collectively losing system-wide sales for
the first time in the history of the listing.
With a presence in over 100 countries and territories, the
RE/MAX network's global footprint is unmatched by any other real
estate brand. The franchisor's total agent count grew 6.8 percent
year-over-year in 2016. Over 110,000 agents worldwide now call
RE/MAX home.
About the RE/MAX Network:
RE/MAX was founded in 1973
by Dave and Gail Liniger, with an
innovative, entrepreneurial culture affording its agents and
franchisees the flexibility to operate their businesses with great
independence. Over 110,000 agents provide RE/MAX a global reach of
more than 100 countries and territories. Nobody sells more real
estate than RE/MAX when measured by residential transaction sides.
RE/MAX, LLC, one of the world's leading franchisors of real estate
brokerage services, is a wholly-owned subsidiary of RMCO, LLC,
which is controlled and managed by RE/MAX Holdings, Inc.
(NYSE:RMAX). With a passion for the communities in which its agents
live and work, RE/MAX is proud to have raised more than
$157 million for Children's Miracle
Network Hospitals® and other charities. For more information about
RE/MAX, to search home listings or find an agent in your community,
please visit www.remax.com. For the latest news about RE/MAX,
please visit www.remax.com/newsroom.
*Source: MMR Strategy Group study of unaided awareness
**Source: 2017 REAL Trends 500 data, citing 2016 transaction sides
and sales volume for the 1,705 largest participating U.S.
brokerages (ranked by transaction sides) that reported agent
counts. Berkshire Hathaway HomeServices does not include
HomeServices of America.
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SOURCE RE/MAX, LLC