DENVER, March 27, 2019 /PRNewswire/ -- For the ninth
consecutive year, the 2019 REAL Trends 500 survey—one of the most
widely followed reports in the real estate industry—showed RE/MAX
agents at participating brokerages outsold competing agents on
average by more than 2-to-1*, averaging 16.3 transaction sides,
compared to an average of 7.1 for agents from all other
participating large brokerages.
"In an industry where world-class customer service matters,
RE/MAX agents continue to deliver," said RE/MAX CEO Adam
Contos. "As part of a network of 125,000 agents in more than
110 countries and territories, RE/MAX brokerages that qualified for
the REAL Trends 500 report embrace innovative tools, training and
technology to stand out from the competition. When home buyers or
sellers choose a RE/MAX agent, they're choosing a professional with
real experience to help them through one of the biggest financial
decisions of their lives."
Of the more than 1,700 U.S. brokerages counted in the survey, 32
percent were affiliated with RE/MAX. Agents with RE/MAX averaged
$4.5 million in sales volume
which was 79 percent higher than the $2.5 million average of all other competing
agents in the survey.
Now in its 32nd year, the REAL Trends 500 ranks the performance
of top residential brokerage firms in the country based on
transaction sides and sales volume for the previous year. Firms
needed to close a minimum of 500 transaction sides in 2018 to
qualify for the 2019 REAL Trends survey.
Highlights from the 2019 REAL Trends survey include:
- RE/MAX agents outsold the competition in 2018 by
2:1—among national franchise brands, large RE/MAX brokerages had
the highest per-agent home sales in 2018.
- When all participating brokerages are ranked by average sides
per agent, RE/MAX brokerages claim 87 of
the top 100 placings. RE/MAX agents in those
brokerages averaged 29 transaction sides last year.
- The RE/MAX per-agent average of 16.3 transaction sides
more than doubled the average of 7.1 for all other
agents included in the survey.
- More RE/MAX brokerages qualified for the
survey than any other real estate brand with 559—almost one-third
of all brokerages included in the survey. The closest competitor
qualified with 416.
"Every year for nearly a decade, the REAL Trends 500 has
confirmed our 2-to-1 advantage in per-agent productivity," added
Contos. "The results really say a lot about the quality of RE/MAX
agents, the strength of RE/MAX brokerages and the incredible value
RE/MAX professionals deliver each and every day."
About the RE/MAX Network
As one of the leading global
real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX
Holdings (NYSE: RMAX) with over 125,000 agents in more than 110
countries and territories. Nobody in the world sells more real
estate than RE/MAX, as measured by residential transaction sides.
Dedicated to innovation and change in the real estate industry,
RE/MAX launched Motto Mortgage, a ground-breaking mortgage
franchisor, in 2016 and acquired booj, a real estate technology
company, in 2018. RE/MAX agents have lived, worked and served in
their local communities for decades, raising millions of dollars
every year for Children's Miracle Network Hospitals® and other
charities. To learn more 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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/remax-agents-continue-to-outsell-competitors-by-more-than-21-in-national-survey-300819490.html
SOURCE RE/MAX, LLC