2014 power broker totals 385,752 7,546 3,203,736 { agents} { offices} { TRANSACTIONS} totaling $972,888,910,471 { In Sales Volume} RISMedia’s 27th Annual Report Based on the top 1,000 respondents to RISMedia’s 2015 Power Broker Survey 62 April 2015 RISMedia’s REAL ESTATE Taking Back Control by Maria Patterson For the past decade, we’ve largely been a victim of circumstance, whether it was riding the crest of the boom years or scrambling for firm footing during the housing crash. As we move further into 2015, however, a clear distinction is emerging—Power Brokers are taking back control. They’ve learned that success needs to come from within, not without. They’ve learned that market forces are both unpredictable and constant. So, those who plan to profit long-term have taken steps to build a sustainable business—despite the fickle nature of the market. RISMedia’s REAL ESTATE April 2015 63 The results of RISMedia’s 2015 Power Broker Survey reveal the kind of steady success pattern that makes for a prosperous longevity. This year’s top 1,000 survey* respondents report a collective 3,203,736 transactions resulting in an impressive $972,888,910,471 in sales volume for 2014—a more than $76 billion increase over 2013. And 2015, while not without obstacle, is expected to be an even stronger year for most. While lingering issues like inventory shortage continue to stymie real estate sales, several market dynamics are converging to make for an optimistic take on 2015 according to the 2015 Power Broker Report, sponsored by Homes.com, Leading Real Estate Companies of the World®, Pillar To Post Home Inspectors and HSA Home Warranty. “The market continues to adjust in an upward trend,” reports Jean Rawls, operating partner of Atlanta’s Rawls Group—Keller Williams. “As we head into Q2, we are experiencing some of the lowest levels of inventory in years, and the supply/demand relationship is still to the seller’s advantage. We are seeing an increase in multiple offers and a renewed excitement in the return of new construction. Fannie Mae 64 April 2015 RISMedia’s REAL ESTATE and Freddie Mac are offering 3 percent down-payment options, making homeownership even more attainable for first-time homebuyers. Homeownership has become more affordable than renting in most instances, and we look forward to another strong spring selling season.” The inventory shortfall is leading to a new-construction windfall for many. “With increasing buyer demand and concerns over inventory, we are fortunate to represent several amazing builders,” says Bruce Tucker, principle broker and CEO of Prudential Utah Elite Real Estate. “We feel that new-construction inventory will be our greatest opportunity for the next several years.” Another factor contributing to an advantageous home-buying climate is the rise in rental prices. In fact, in the vast majority of U.S. markets, owning a home has become less expensive than renting, according to RealtyTrac data. “In the Greater Washington, D.C. area, consumers are very aware of the benefits of homeownership,” says Brian Block, managing broker and branch vice president of RE/MAX Allegiance. “Rental prices are very high and have continued to trend higher. Real estate is in the news constantly and our market has remained one of the strongest in the country.” Meanwhile, in many locations around the country, business in the upper-end of the market remains on an incline. “We see tremendous opportunity in the luxury and second-home market in 2015,” reports Robert Bailey, co-broker and co-owner of Bailey Properties in Northern California. “With stable interest rates and our proximity to Silicon Valley, the quality-of-life choices offered by Santa Cruz County are immense. We see the changing brokerage landscape as a great platform for company growth.” Fueled by this positive outlook for real estate, many Power Brokers are once again poised for growth—smart, controlled growth. “Growing the salesforce will always be a focus, but selecting the right sales associates is the biggest challenge. A company com- mits time and resources into the development and success of a sales associate. The wrong selection results in lost resources and a dissatisfied sales associate,” explains Gary Rabon, president and CEO of North Carolina’s Coldwell Banker Advantage. “Another significant challenge is identifying companies that are candidates for mergers and acquisitions. There is tremendous competition for those companies as other companies attempt to grow and expand.” Of course, success in 2015 and well beyond will focus more and more on how brokers and their agents are keeping up with consumers. “Our company is very forward-thinking, our brand is very forward-thinking, and that results in a force multiplier effect,” says Chris Masiello, president and CEO of New Hampshire’s Better Homes and Gardens The Masiello Group. “Last year, we had a fall-through rate of 19 percent, so every two out of 10 contracts we wrote failed. The industry average is a third, so we’re well below that, but this year, we’re putting emphasis on better contract structure, contract training, and revising some of our marketing materials to better explain the home-buying process. We’re looking at customer satisfaction surveys, getting customer ratings and encouraging customers to log on to third-party sites. The industry is moving in that direction. “We say to our agents, ‘You guys already work hard, so having two out of 10 contracts fall through means you have to work harder. Let’s truncate that, starting with education on the agent side and then education for the consumer.’” And the education process must happen at the broker level as well. “Keeping up with market changes is more important today than ever before,” says Scott MacDonald, president of RE/MAX Gateway in Northern Virginia. “Networking masterminds and attendance at conferences is paramount to keep our company and agents up-to-date, and relevant to our clients.” RE *RISMedia’s 27th Annual Power Broker Report & Survey is based on the top 1,000 respondents to a survey distributed via email and available online at rismedia.com. The survey ranks residential real estate brokerage firms according to closed transaction numbers and closed sales volume for the year 2014. The Top 500 list in this section is ranked by sales volume. To see firms ranked by transaction, please reference the full Power Broker Report, coming soon at rismedia.com. All sales and transaction data is submitted directly by brokerage firms and verified by the firm’s financial executives, outside accounting firms and/or corporate franchise headquarters. “The ongoing shortage of good inventory of existing homes is a challenge. This problem has been exacerbated by new construction still trying to catch up with demand even as builders cope with a shortage of skilled construction workers.” - Michael Saunders, Founder & CEO, Michael Saunders & Company, Sarasota, Fla. RISMedia’s REAL ESTATE April 2015 65 h h THE STATE OF THE MARKET: Power Brokers Weigh In 2014 Home Prices 2% Remained the Same % 10 Decreased 88% Increased Greatest Challenge to Business? 1 Lack of inventory l 2 Lingering economic uncertainty l 3 Recruiting l 4 Competitive firms l 5 Housing-related government legislation l 6 l Lack of financing options for buyers 7 Lack of first-time homebuyers l 8 New business models l 9 Rising interest rates l Today’s Housing Market Growing - 48% Stable - 34% Leveling Off - 7% Booming - 7% Challenged - 4% Based on the top 1,000 respondents to RISMedia’s 2015 Power Broker Survey 66 April 2015 RISMedia’s REAL ESTATE Lingering Low Inventory “Reduced listing inventories are our biggest challenge in every market. Strong competition is always a challenge, but the availability of listings will go a long way toward determining whether 2015 is a growth year or not.” - Mike Schlott, President, The Randall Family of Companies, Kinlin Grover, Page Taft & Randall REALTORS® Real Living Pequot Commercial, Kinlin Grover Commercial & Randall Commercial, Mass., R.I., and Conn. “One of our biggest challenges is a lack of inventory among both new and existing homes, in addition to builders not building inventory quickly enough.” - Pat Riley, President & COO, Allen Tate REALTORS®, N.C. and S.C. “After back-to-back years of a robust housing recovery, we are continuing to experience another year of a shortage of inventory of homes for sale. With a large backlog of homebuyers, multiple offers on new listings are the norm. We are seeing approximately 90 percent of sales activity in the market areas and price ranges where we are experiencing the shortage/low inventory, which is sending prices upward. For the close-in markets next to the job centers in both Seattle and Portland, we are experiencing a severe shortage. Additionally, in these same market areas, we are seeing brisk sales activity in the luxury market.” - Phil McBride, COO, John L. Scott Real Estate, Northwest “Shortage of inventory limits the number of homes for sale and competing offers are the ‘norm’ in the Dallas Fort Worth Market. We are seeing many more cash offers than ever before in spite of low interest rates. Consumers are being more conservative and desire more security.” - Jody Kautz, Owner/President, RE/MAX Associates of Arlington, Arlington, Texas !"#$%&"'()*$ +,-$ ./$0&"1)$ !"#$%&'(# )&*#+%&,-(.# /01# !"#$%&"'()*$ !"#$%&"'()*$ ./$0&"1)$ +,-$ +,-$ +,-$ ./$0&"1)$ ./$0&"1)$ !"#$%&"'()*$ +,-$ ./$0&"1)$ !"#$%&'(# )&*#+%&,-(.# /01# !"#$%&'(# )&*#+%&,-(.# /01# !"#$%&"'()*$ !"#$%&"'()*$ +,-$ +,-$ ./$0&"1)$ ./$0&"1)$ !"#$%&"'()*$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ +,-$ ./$0&"1)$ !"#$%&"'()*$ )&*#+%&,-(.# Mortgage Services 22% Title Services )&*#+%&,-(.# /01# Home Warranty Services !"#$%&"'()*$ +,-$ ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ 30% 26% 35% ./$0&"1)$ 1% !"#$%&"'()*$ 66% ./$0&"1)$ /01# 45% !"#$%&"'()*$ !"#$%&"'()*$ +,-$ +,-$ ./$0&"1)$ ./$0&"1)$ 54% !"#$%&"'()*$ !"#$%&"'()*$ ./$0&"1)$ ./$0&"1)$ )&*#+%&,-(.# +,-$ +,-$ +,-$ +,-$ /01# ./$0&"1)$ 35% ./$0&"1)$ Property Management !"#$%&"'()*$ Luxury Homes ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ )&*#+%&,-(.# 14% /01# 44% 42% 21 % 45 !"#$%&"'()*$ +,-$ 19% % +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&'(# +,-$ )&*#+%&,-(.# ./$0&"1)$ /01# +,-$ 14% +,-$ +,-$ 9% +,-$ !"#$%&"'()*$ ./$0&"1)$ 40% +,-$ !"#$%&"'()*$ ./$0&"1)$ +,-$ 34% 52% !"#$%&"'()*$ ./$0&"1)$ +,-$ !"#$%&"'()*$ ./$0&"1)$ ./$0&"1)$ +,-$ ./$0&"1)$ +,-$ +,-$ 9% ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ In-house 18% !"#$%&"'()*$ Outsourced ./$0&"1)$ +,-$ 73% !"#$%&"'()*$ +,-$ !"#$%&"'()*$ Not Offered ./$0&"1)$ +,-$ !"#$%&"'()*$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ ./$0&"1)$ +,-$ ./$0&"1)$ +,-$ !"#$%&"'()*$ ./$0&"1)$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ ./$0&"1)$ 51% +,-$ +,-$ Commercial Properties ./$0&"1)$ !"#$%&"'()*$ +,-$ ./$0&"1)$ !"#$%&"'()*$ International Clients ./$0&"1)$ ./$0&"1)$ !"#$%&"'()*$ 34 76% ./$0&"1)$ % ./$0&"1)$ 65% New Construction ./$0&"1)$ ./$0&"1)$ !"#$%&"'()*$ 5% 5% ./$0&"1)$ ./$0&"1)$ Hispanic Clients 30% +,-$ +,-$ +,-$ )&*#+%&,-(.# !"#$%&'(# )&*#+%&,-(.# ./$0&"1)$ +,-$ !"#$%&"'()*$ !"#$%&'(# ./$0&"1)$ !"#$%&"'()*$ !"#$%&'(# Homeowners Insurance !"#$%&'(# Inspection Services ./$0&"1)$ 8% !"#$%&"'()*$ 44% 34% !"#$%&'(# +,-$ +,-$ ./$0&"1)$ /01# “We invested in hiring a staff videographer who’s fluent with the drone, so we’re able to use the drone for houses and ranches. He also works really well with our outside production on our television show. He has the ability to finetune anything that we’re doing at a picture or video level.” !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&'(# /01# Stepped-up Tech Core Services Offered by Power Brokers ./$0&"1)$ +,-$ !"#$%&"'()*$ - Sheryl Chinowth, Chinowth & Cohen Realtors®, Tulsa, Okla. ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ The State of Homeownership ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ ./$0&"1)$ +,-$ !"#$%&"'()*$ ./$0&"1)$ +,-$ !"#$%&"'()*$ ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ “The real estate industry follows the cycles and reacts according to the law of supply and demand. Absent any extraordinary events, inventory levels are stabilizing, interest rates remain at historical lows, and the desire for the American Dream is burning as bright as ever. If the regulatory body releases the overall chokehold on the industry and related industries, we will see increased activity and healthier markets.” ./$0&"1)$ +,-$ !"#$%&"'()*$ ./$0&"1)$ +,-$ !"#$%&"'()*$ - Alexander Karavasilis, President & CEO, RE/MAX Advantage Realty ./$0&"1)$ ./$0&"1)$ ./$0&"1)$ +,-$ +,-$ +,-$ !"#$%&"'()*$ !"#$%&"'()*$ !"#$%&"'()*$ “There continues to be a strong desire amongst all of the American public to become homeowners. Those who are clamoring for rental properties today hope to enter the ranks of homeowners as soon as possible. Slow economic growth and slow growth of wages has hampered the formation of the personal capital that enables individuals to make a down payment, but changes in lending standards are helping.” ./$0&"1)$ ./$0&"1)$ +,-$ ./$0&"1)$ +,-$ !"#$%&"'()*$ +,-$ !"#$%&"'()*$ “In the Greater Washington, D.C . area, consumers are very aware of the benefits of homeownership. Rental prices are very high and have continued to trend higher. Real estate is in the news constantly and our market has remained one of the strongest in the country.” ./$0&"1)$ +,-$ !"#$%&"'()*$ ./$0&"1)$ +,-$ !"#$%&"'()*$ - Brian Block, Managing Broker/Branch Vice President, RE/MAX Allegiance, Va. and Washington, D.C. !"#$%&"'()*$ ./$0&"1)$ +,-$ !"#$%&"'()*$ - Bruce Taylor, Founder & President, ERA Key Realty, Mass. “The challenge we have is the millennial population with student debt, unemployment, living at home, getting married at 27 and 28 rather than 22 and 23, are all putting us in a position of recognizing it’s a slower process to get first-time buyers. We need the first-time buyers to have the move-up buyers purchase. We are suggesting that millennials team up to buy properties together as tenants in common.” - Bruce Mulhearn, Broker/Owner, Berkshire Hathaway HomeServices California Properties RISMedia’s REAL ESTATE April 2015 67 mortgage MARKET MOMENTUM “Qualified buyers are certainly able to obtain financing in today’s credit environment. As an example, FHA financing is still available with as little as 3.5 percent down payment and conventional financing recently moved its minimum down payment requirement to 3 percent under certain criteria.” Where Power Brokers will Devote the Most Resources in 2015 Technology Recruiting 27% 9% Opening/acquiring new offices 9% 8% 31% - Jean Rawls, Operating Partner of the Rawls Group, Keller Williams Atlanta “We’ve been fortunate to have several great lending partners navigate our clients through the difficult mortgage process. While we have done well there, we need to do a better job educating potential buyers that it’s not as bad as it’s being portrayed. Those sentiments are keeping some on the sidelines.” Online marketing: 5% Training and coaching Supporting agent teams: 5% “2015 looks to be a year where the slow and moderate growth of the real estate market begins a long and sustained growth.” Print marketing: 1% Expanding core services: 4% - Bill Lublin, CEO, Century 21 Advantage Gold, Philadelphia - Bruce Tucker, Principle Broker/CEO, Prudential Utah Elite Real Estate /01 # )&* !"# #+% “Yes! Lending is loosening up. $% &,- &'( # (.# Required credit scores are coming down, interest rates are great, down payment requirements are relaxed and there are more and more options from private and government insurers. We are not going back to no-doc loans, but instead are easing standards for sensible lending.” - Bruce Taylor, ERA Key Realty, Mass. 68 April 2015 RISMedia’s REAL ESTATE Expanding/renovating current office space 50% of brokers will add virtual offices Based on the top 1,000 respondents to RISMedia’s 2015 Power Broker Survey Community service/ charitable donations: 1% Adding New Offices in 2015? The 2015 Outlook “2015 is shaping up to be another great year. We are seeing a huge increase in the call volume our brokerage is receiving from agents about transaction-related details. On any given day, we have nearly 900 transactions pending approval, which tells us this growth trend is going to continue into quarter 2.” - Ashley Bowers, Chief Operating Officer, HomeSmart, Ariz. “Even though we know there is a lot of pent-up demand, the volume of sales in our footprint suggests that renters that could buy or owners that could move up are being very cautious, maybe over cautious, since prices have increased for the past three years. Our sales in a seven- state region are nearly flat in units and up only slightly in volume.” for 2015 as more sellers are incentivized to sell based upon attractive valuations.” - Steve Brown, VP & General Manager, Crye-Leike Realtors®, Southeast - Chris Trapani, Founder and CEO, Sereno Group, Silicon Valley, Santa Cruz “Our pending business through the end of February was up 16 percent, so I think the markets here are continuing to improve gradually. The February weather has kind of frozen people in place—no pun intended—with not putting houses on the market.” “2014 was a good year and we are expecting to increase production tremendously in 2015.” - Chris Masiello, CEO & President, The Masiello Group, Better Homes and Gardens Real Estate, New Hampshire “The Southern Nevada market is stabilizing and reaching a healthy equilibrium between inventory and buyers. Consumer confidence is returning for owner-occupied buyers.” “Although our market area began this year with even less inventory than 2014, there is reason to believe that we may see an increase - Tom Skiffington, Broker, RE/MAX 440, RE/MAX Central, Pa. - Fafie Moore, President, Realty Executives of Nevada Where the Opportunity Lies for 2015...and Beyond Property management Second-home/vacation property buyers Boomers/retirees Diversity buyers 1% 1% New construction Buyers from other countries 2% 2% Relocating buyers 4% 6% 47% 53% “Consumer confidence is up. Mortgage rates are down. People are buying homes again; 2015 should be a great year!” - David Caveness, Senior VP & General Sales Manager, Carpenter REALTORS®, Central Ind. First-time homebuyers/ millennials Move-up buyers The luxury market 7% 11% 31% 35% RISMedia’s REAL ESTATE April 2015 69 !"#$ )&*# /01# To see firms ranked by transaction, please reference the full Power Broker Report, coming soon in print and on rismedia.com. Top 500 Sales Rank Trans. Rank Company State Sales Volume Transactions Total Offices Total Agents 1 1 NRT LLC NJ $156,653,610,000 316,970 727 44,900 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 2 3 18 56 4 5 17 94 13 8 27 52 19 12 30 6 95 11 14 HomeServices of America Inc. Long & Foster Real Estate Douglas Elliman Real Estate Alain Pinel REALTORS® Howard Hanna Real Estate Services Realty ONE Group William Raveis Real Estate Pacific Union International Ebby Halliday REALTORS® Coldwell Banker United REALTORS® @properties First Team Real Estate John L. Scott Real Estate HomeSmart Coldwell Banker Bain | Seal Crye-Leike REALTORS® Rodeo Realty Allen Tate Companies Keller Williams Realty Dallas Preston Road MN VA NY CA PA CA CT CA TX TX IL CA WA AZ WA TN CA NC TX $68,276,176,516 $25,906,560,924 $18,226,432,016 $10,823,469,734 $9,256,858,332 $8,525,267,229 $8,100,690,346 $6,749,876,175 $6,644,443,857 $5,804,207,412 $5,770,045,188 $5,312,612,000 $5,148,486,692 $5,088,901,281 $4,961,334,355 $4,796,994,624 $4,763,272,181 $4,519,169,927 $4,505,373,558 199,634 72,340 16,702 8,283 47,753 27,567 17,400 5,373 19,189 23,417 12,230 8,524 14,048 19,385 11,367 27,179 5,355 19,716 19,061 465 227 79 30 130 22 108 25 32 61 17 26 33 12 32 80 12 40 9 24,146 11,290 5,541 1,300 3,918 4,989 3,620 637 1,615 1,977 1,625 1,744 1,230 5,155 1,282 2,587 1,200 1,430 2,101 21 22 23 83 54 9 Keller Williams Realty Forward Management Houlihan Lawrence Real Estate One CA NY MI $4,498,454,387 $4,294,967,295 $4,274,116,238 5,747 8,419 22,290 9 26 43 2,303 1,139 1,733 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 16 23 26 28 105 106 132 22 10 156 7 91 43 35 99 RE/MAX Results Minnesota Keller Williams Realty Texas Baird & Warner RE/MAX Alliance Colorado William Pitt/Julia B. Fee Sotheby’s Intl. Realty LIV/Sierra/Summit Sotheby’s Intl. Realty Premier Sotheby’s Intl. Realty Keller Williams Realty Willis Management Inc. RealtyUSA RE/MAX Estate Properties REALHome Services and Solutions Inc. MN TX IL CO CT CO FL TX NY CA GA CA CA GA AZ $4,086,042,120 $4,041,890,394 $4,021,420,484 $3,733,702,503 $3,487,275,061 $3,420,208,574 $3,417,003,800 $3,404,935,247 $3,377,100,941 $3,324,156,876 $3,323,998,739 $3,262,800,088 $3,075,515,550 $3,044,524,693 $2,848,593,836 17,942 13,128 12,456 11,937 5,088 5,083 4,467 13,218 21,873 3,765 26,965 5,509 9,487 10,839 5,154 32 4 25 20 26 22 23 3 63 16 19 36 35 6 11 921 2,002 1,763 806 962 445 676 1,810 2,100 650 28 1,175 800 1,339 944 Better Homes and Gardens Real Estate Mason-McDuffie RE/MAX Gold California Keller Williams Realty The Rawls Group Russ Lyon Sotheby’s Intl. Realty The Power Broker Report is sponsored by: ® ® 70 April 2015 RISMedia’s REAL ESTATE Top 500 Sales Rank Trans. Rank 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 44 45 110 21 40 20 63 39 25 70 15 49 59 29 489 36 24 68 444 326 50 272 264 55 71 92 34 469 32 211 280 69 155 48 128 111 252 381 46 307 477 64 334 38 53 Company State Sales Volume Transactions Total Offices Total Agents BHHS Florida Realty BHHS Arizona Properties & Nevada Properties FL NV CO WI VA FL CA FL GA FL AZ TX OR WI CA LA PA VA FL CA AZ CA NY SC CO VA OH CA NC FL CA CA CO IN CA VA CA CA WA TX DC NC DC OH TN $2,826,292,347 $2,749,694,526 $2,696,773,414 $2,684,085,057 $2,663,815,304 $2,614,873,190 $2,603,066,436 $2,547,271,963 $2,535,778,917 $2,520,262,064 $2,502,900,537 $2,465,744,877 $2,441,329,373 $2,406,600,000 $2,403,243,419 $2,383,858,134 $2,380,714,780 $2,380,706,499 $2,380,244,854 $2,362,000,000 $2,306,549,223 $2,303,774,650 $2,260,910,117 $2,228,144,296 $2,211,641,330 $2,207,806,018 $2,197,318,499 $2,176,153,883 $2,174,873,339 $2,154,156,453 $2,145,078,138 $2,097,722,889 $2,089,050,576 $2,067,061,069 $2,046,608,765 $2,026,737,882 $2,009,424,484 $1,990,455,178 $1,982,816,822 $1,955,678,541 $1,954,316,752 $1,952,298,021 $1,926,685,452 $1,886,663,237 $1,881,772,311 9,473 9,377 4,989 13,479 10,193 13,841 7,532 10,394 12,551 6,429 18,122 8,845 7,947 11,691 1,568 10,525 12,694 6,561 1,680 2,122 8,757 2,460 2,520 8,395 6,379 5,494 10,876 1,626 11,077 3,105 2,425 6,436 3,775 9,165 4,653 4,969 2,615 1,861 9,359 2,225 1,603 7,422 2,058 10,398 8,469 40 22 22 54 49 44 17 35 12 19 18 20 11 23 6 23 27 17 9 7 19 5 23 12 8 6 22 9 33 5 24 29 3 13 15 18 5 6 16 6 7 13 5 54 6 1,646 1,696 861 1,084 1,435 1,350 971 2,363 1,633 643 1,772 910 575 960 400 1,363 1,134 855 468 241 957 840 646 967 385 980 1,177 350 898 373 475 1,137 185 598 828 415 381 272 678 295 130 801 240 922 895 The Herman Group: Shorewood REALTORS® and ERA Herman Group RE First Weber Group BHHS PenFed Realty Watson Realty Corp. Lyon Real Estate The Keyes Company Keller Williams Realty Pinnacle Partners Group Michael Saunders & Co. West USA Realty Inc. Better Homes and Gardens Real Estate Gary Greene REALTORS® RE/MAX Equity Group Shorewest REALTORS® Surterre Properties Latter & Blum Companies ERA Powered BHHS Homesale Realty CENTURY 21 New Millennium ONE Sotheby’s Intl. Realty Sereno Group Realty Executives Phoenix Tucson Yuma Keller Williams Realty Santa Monica Daniel Gale Sotheby’s Intl. Realty Carolina One Real Estate RE/MAX Professionals Colorado The Virginia Real Estate Group KW Sibcy Cline REALTORS® HöM Sotheby’s Intl. Realty Coldwell Banker Sea Coast Advantage John R. Wood Properties Pacific Sotheby’s Intl. Realty CENTURY 21 M&M and Associates Kentwood Real Estate F.C. Tucker Company CENTURY 21 Award RE/MAX Allegiance J. Rockcliff REALTORS® Zephyr Real Estate Tomlinson Beutler Group of Companies Briggs Freeman Sotheby’s Intl. Realty Washington Fine Properties LLC Coldwell Banker Howard Perry and Walston Realty Inc. TTR Sotheby’s Intl. Realty HER REALTORS® Keller Williams Realty Clarksville The Power Broker Report is sponsored by: ® ® RISMedia’s REAL ESTATE April 2015 71 Top 500 Sales Rank Trans. Rank Company State Sales Volume Transactions Total Offices Total Agents 84 147 BHHS Utah Properties UT $1,869,451,622 3,950 18 381 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 316 445 131 75 60 62 31 247 86 33 171 96 80 37 119 117 259 146 212 41 102 113 237 162 341 47 336 207 855 74 87 112 873 42 393 782 234 93 104 73 958 196 370 57 Hammond Residential Real Estate LLC John Aaroe Group Windermere Stellar Allison James Estates & Homes Keller Williams Realty Atlanta Midtown RealtySouth CENTURY 21 Affiliated McEnearney Associates Inc. REeBroker Group Coldwell Banker Schmidt REALTORS® BHHS California Realty Yorba Linda Keller Williams Realty Western Realty CENTURY 21 Select Real Estate Inc. Carrington Real Estate Services Realty Austin Better Homes and Gardens Real Estate Rand Realty RE/MAX Accord BHHS Drysdale Properties Atlanta Fine Homes Sotheby’s Intl. Realty Coldwell Banker Honig-Bell Keller Williams Realty Roseville RE/MAX DFW Associates BHHS Locations LLC The Hasson Company RE/MAX Premier Properties Hunt Real Estate ERA Allie Beth Allman and Associates Keller Williams Realty Capital Properties Slifer Smith & Frampton Keller Williams Realty Blue Bell Bob Parks Realty, LLC The Group Inc. Real Estate Decker Bullock Sotheby’s Intl. Realty Nothnagle REALTORS® Greenwood King Properties Paragon Real Estate Group Pinnacle Estate Properties Inc. Keller Williams Realty Signature Texas Keller Williams Realty Alaska Group Coldwell Banker Legacy Aspen Snowmass Sotheby’s Intl. Realty Gloria Nilson & Co. Real Estate Dilbeck Real Estate Coldwell Banker Select Oklahoma MA CA OR CA GA AL WI VA CA MI CA WA CA CA TX NY CA CA GA IL CA TX HI OR CA NY TX DC CO PA TN CO CA NY TX CA CA TX AK NM CO NJ CA OK $1,841,424,572 $1,833,000,000 $1,750,352,722 $1,736,301,689 $1,714,121,495 $1,708,172,000 $1,706,628,988 $1,705,986,427 $1,699,505,269 $1,697,348,371 $1,675,527,492 $1,666,630,516 $1,664,781,098 $1,663,671,337 $1,655,150,347 $1,644,949,395 $1,623,018,538 $1,610,380,463 $1,605,656,146 $1,592,368,794 $1,557,518,125 $1,553,000,000 $1,542,108,331 $1,499,004,389 $1,494,906,795 $1,494,244,706 $1,490,715,447 $1,466,628,564 $1,457,681,405 $1,455,344,559 $1,439,318,674 $1,436,717,158 $1,435,324,600 $1,421,313,827 $1,419,341,047 $1,408,309,000 $1,406,123,446 $1,375,192,711 $1,336,653,359 $1,334,542,727 $1,332,031,597 $1,330,379,418 $1,307,582,795 $1,301,581,168 2,167 1,677 4,488 6,241 7,884 7,561 11,138 2,667 5,709 10,958 3,569 5,322 5,858 10,408 4,795 4,824 2,556 4,001 3,070 9,806 5,106 4,911 2,719 3,678 2,039 9,290 2,054 3,117 947 6,250 5,686 4,940 925 9,568 1,835 1,048 2,764 5,389 5,090 6,260 796 3,225 1,926 8,226 16 7 11 1 6 17 66 7 2 45 9 4 29 28 5 26 9 30 3 35 4 7 6 6 7 38 1 4 20 8 11 6 8 26 3 1 7 2 3 16 8 18 14 14 316 370 421 808 900 7,000 1,316 350 1,858 818 581 871 710 2,087 270 846 295 895 319 792 820 325 321 178 152 1,068 327 610 145 972 565 181 159 680 170 104 904 650 509 555 163 692 547 566 The Power Broker Report is sponsored by: ® ® 72 April 2015 RISMedia’s REAL ESTATE Top 500 Sales Rank Trans. Rank Company State Sales Volume Transactions Total Offices Total Agents 129 130 131 132 72 76 181 179 Illustrated Properties BHHS Ambassador Real Estate Heritage Texas Properties BHHS California Properties FL NE TX CA $1,299,150,280 $1,295,469,604 $1,267,329,241 $1,263,161,036 6,291 6,212 3,438 3,475 23 2 16 21 516 428 275 800 133 134 135 136 137 138 139 140 141 142 143 78 216 97 123 89 51 275 463 65 265 84 Keller Williams Realty Dallas BHHS New Jersey Properties RE/MAX Advantage Plus Minnesota TX NJ MN KS FL MI VA NJ GA MA OK $1,260,312,792 $1,250,055,895 $1,247,771,826 $1,244,409,375 $1,241,476,987 $1,238,947,863 $1,229,994,068 $1,228,184,785 $1,221,425,028 $1,217,126,516 $1,210,195,770 6,095 3,025 5,281 4,702 5,670 8,536 2,439 1,635 7,270 2,504 5,739 3 20 13 7 4 38 3 12 25 19 2 848 694 335 419 693 702 618 475 1,980 435 470 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 893 82 61 223 813 77 550 122 118 58 114 90 100 464 321 88 109 145 125 140 161 178 79 554 353 121 120 107 108 312 CA PA WI Kinlin Grover Page Taft & Randall REALTORS® Real Living RI The GRUBB Co. Inc CA Better Homes and Gardens Real Estate The Masiello Group NH John Daugherty REALTORS® TX PMZ Real Estate CA RE/MAX Alliance Group FL Northwood Realty Services PA Comey & Shepherd REALTORS® OH Solid Source Companies GA GARDNER REALTORS® LA Legacy Real Estate & Associates ERA Powered CA RE/MAX Leading Edge Winchester MA Realty Executives Associates TN Coldwell Banker Weir Manuel MI Rose & Womble Realty VA Keller Williams Realty Boise ID Keller Williams Realty CH Realty Investments LLC GA Keller Williams Realty Meggers Management Group CA Keller Williams Realty The Woodlands and Magnolia TX NP Dodge Real Estate NE Bradley Real Estate CA Evergreen Realty HomeSmart CA McGraw REALTORS® OK CENTURY 21 Scheetz IN Atlanta Communities Real Estate Brokerage LLC GA Coldwell Banker Apex REALTORS® TX Coach Real Estate Associates NY $1,209,289,502 $1,184,680,482 $1,176,226,771 $1,171,273,305 $1,167,495,897 $1,164,482,001 $1,154,278,053 $1,151,436,000 $1,137,270,747 $1,129,574,853 $1,124,367,000 $1,116,172,483 $1,103,454,345 $1,101,480,980 $1,097,230,374 $1,092,557,629 $1,086,939,081 $1,082,099,671 $1,079,142,681 $1,078,701,372 $1,078,274,697 $1,067,913,921 $1,063,612,000 $1,053,665,504 $1,049,584,940 $1,049,211,105 $1,031,207,925 $1,030,348,947 $1,023,088,470 $1,021,940,295 891 5,763 7,754 2,925 993 6,106 1,423 4,758 4,816 8,049 4,910 5,575 5,147 1,634 2,134 5,681 4,992 4,016 4,695 4,135 3,687 3,477 6,049 1,421 1,995 4,760 4,789 5,021 5,001 2,184 5 18 15 27 2 33 2 12 8 38 5 7 24 4 11 7 12 10 1 3 3 1 10 13 8 9 6 5 8 19 131 644 319 495 68 587 150 540 298 945 230 1,875 800 249 181 467 425 550 471 470 690 440 500 435 1,060 427 324 614 413 633 Better Homes and Gardens Real Estate Kansas City Homes Keller Williams Realty South Tampa BHHS Michigan and Northern Indiana Real Estate Keller Williams Realty Arlington/Tysons/Vienna/Alexandria Prominent Properties Sotheby’s Intl. Realty Better Homes and Gardens Real Estate Metro Brokers CENTURY 21 Commonwealth Keller Williams Realty Central Oklahoma McGuire Real Estate BHHS The Preferred Realty Coldwell Banker The Real Estate Group Inc. The Power Broker Report is sponsored by: ® ® RISMedia’s REAL ESTATE April 2015 73 Top 500 Sales Rank Trans. Rank 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 324 182 168 300 411 130 85 169 167 251 582 221 144 671 228 205 402 141 308 374 98 101 81 322 418 67 495 138 346 323 185 170 180 176 142 159 225 240 66 174 194 335 266 187 473 Company State Sales Volume Transactions Total Offices Total Agents Beachside REALTORS® Keller Williams Realty Agnew Real Estate LLC BHHS Towne Realty Jameson Sotheby’s Intl. Realty Keller Williams Realty Walnut Creek and Danville BHHS Anderson Properties CENTURY 21 Judge Fite Company Inc. Keller Williams Realty Brian Smith Mgmt. Keller Williams Temecula Valley Real Estate Inc. CENTURY 21 Redwood Realty Hawaii Life RE/MAX 100 RE/MAX Executive Realty North Carolina Gibson Sothebys Intl. Realty Keller Williams Realty Professionals Keller Williams Realty The Hilgenberg Group RE/MAX Gold Coast CA AZ VA IL CA TX TX CO CA VA HI MD NC MA OR CA CA FL WA NV TX NY OK WA CA IN CA TX CO FL MD NC IL DE NC CO CO MA OH NH MI WA NV UT MA $1,020,323,540 $1,018,590,378 $1,009,180,968 $1,006,539,812 $1,005,125,421 $1,003,860,114 $999,813,086 $996,964,048 $996,055,735 $994,156,500 $990,067,000 $985,872,868 $984,257,502 $973,550,000 $973,034,838 $971,770,777 $954,389,617 $952,067,876 $943,333,608 $939,547,242 $938,555,205 $936,794,670 $925,891,558 $924,702,900 $923,876,280 $923,214,691 $921,291,310 $911,493,313 $911,463,240 $911,000,000 $908,577,672 $908,269,169 $907,574,761 $905,000,000 $902,678,511 $902,182,266 $900,111,514 $891,816,072 $888,177,212 $885,224,705 $879,166,820 $871,531,496 $869,217,302 $855,542,378 $844,755,196 2,126 3,436 3,625 2,247 1,786 4,550 5,710 3,618 3,634 2,620 1,367 2,959 4,017 1,203 2,869 3,122 1,812 4,127 2,222 1,899 5,201 5,109 5,802 2,134 1,756 6,650 1,545 4,266 2,022 2,133 3,395 3,601 3,458 3,507 4,084 3,717 2,911 2,704 6,787 3,538 3,259 2,058 2,502 3,383 1,610 10 3 7 3 2 38 19 4 5 8 11 6 8 7 1 4 8 4 3 10 4 16 3 2 2 30 5 9 2 4 6 3 7 8 7 4 1 27 22 15 7 3 9 3 2 652 540 379 309 525 625 608 621 988 355 168 271 212 150 238 760 228 820 404 301 464 425 733 193 542 639 161 373 120 200 220 492 195 312 756 181 433 685 370 400 197 176 265 424 348 Keller Williams Realty Jupiter/Palm Beaches/Treasure Coast Coldwell Banker Danforth Chase International Real Estate Keller Williams Realty Lubbock Coldwell Banker Prime Properties Keller Williams Realty Tulsa RE/MAX Metro Realty Washington Keller Williams Realty Carmel Valley/Del Mar Carpenter REALTORS® RE/MAX Olson & Associates Coldwell Banker D’Ann Harper REALTORS® RE/MAX of Boulder Inc. Smith & Associates Real Estate RE/MAX Advantage Realty Maryland Keller Williams Realty Lake Norman RE/MAX Suburban Patterson Schwartz Real Estate Wilkinson ERA Real Estate RE/MAX Properties Colorado Keller Williams Realty DTC LLC Masters Realty LLC Jack Conway & Co. Cutler Real Estate BHHS Verani Realty Charles Reinhart Company RE/MAX Northwest REALTORS® Bothell Dickson Realty Inc. Keller Williams Realty Salt Lake City Keller Williams Realty Boston Metro The Power Broker Report is sponsored by: ® ® 74 April 2015 RISMedia’s REAL ESTATE Top 500 Sales Rank Trans. Rank Company State Sales Volume Transactions Total Offices Total Agents 219 803 Keller Williams Realty Premier Properties NJ $839,873,745 1,007 1 229 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 249 375 175 192 311 408 609 397 177 209 186 707 129 767 127 139 245 143 188 795 135 229 842 158 103 226 235 277 190 214 219 611 747 253 166 284 136 213 739 786 116 160 730 134 Private Label Realty CENTURY 21 Masters BHHS Alliance Real Estate Jack White Real Estate RE/MAX The Woodlands & Spring Kuper Sotheby’s Intl. Realty Keller Williams Realty McLean Realty Executives Santa Clarita Keller Williams Realty Classic Realty Northwest London Properties Ltd. Keller Williams Realty Ballantyne Area Keller Williams Realty Mission Viejo DPR Realty LLC Coldwell Banker Brokers of the Valley Keller Williams Realty of Central Florida LLC BHHS Select Properties Keller Williams Realty Metropolitan Bedford Coldwell Banker Vanguard Realty RE/MAX Commonwealth Podley Properties Keller Williams Realty Palm Harbor Keller Williams Realty Plano Bay Sotheby’s Intl. Realty BHHS C. Dan Joyner Realtors® Ruhl & Ruhl REALTORS® BHHS Florida Network Realty Coldwell Banker Hearthside REALTORS® Coldwell Banker Select Real Estate CENTURY 21 Everest Realty Group Keller Williams Realty Integrity Northwest Coldwell Banker Premier Realty Keller Williams Realty Ridgewood Keller Williams Realty Westlake Village RE/MAX Gateway Keller Williams Realty Tyrrell Enterprise Inc. RE/MAX Excalibur BHHS Florida Properties Group Keller Williams Realty Greater Portland Intero Real Estate Services - Fremont Keller Williams Realty Silicon Valley Murney Associates Keller Williams Realty Columbia Keller Williams Realty Pasadena/Arcadia/Glendora Keller Williams Realty Acadiana TX CA MO AK TX TX VA CA MN CA NC CA AZ CA FL MO NH FL VA CA FL TX CA SC IA FL PA NV UT MN NV NJ CA VA FL AZ FL ME CA CA MO SC CA LA $833,471,000 $832,775,727 $832,730,287 $825,235,446 $809,976,057 $804,760,087 $804,305,330 $797,152,891 $795,812,927 $794,487,288 $794,222,036 $793,436,402 $792,594,682 $791,602,000 $790,248,496 $784,907,569 $784,890,530 $781,302,000 $777,013,951 $774,508,111 $773,813,097 $771,653,569 $770,362,284 $768,480,029 $768,181,523 $767,340,092 $762,097,262 $761,725,529 $753,652,934 $750,666,473 $750,450,025 $744,649,130 $744,458,006 $742,208,359 $738,672,657 $738,574,097 $730,075,843 $728,409,496 $728,218,972 $726,522,036 $722,197,014 $717,488,558 $715,479,062 $713,528,173 2,646 1,887 3,528 3,277 2,188 1,788 1,322 1,825 3,490 3,110 3,384 1,156 4,617 1,068 4,659 4,266 2,670 4,018 3,327 1,025 4,354 2,857 964 3,727 5,101 2,888 2,760 2,434 3,318 3,041 2,981 1,319 1,091 2,595 3,654 2,395 4,352 3,046 1,105 1,039 4,844 3,715 1,116 4,366 8 7 7 5 3 9 1 5 3 9 2 1 4 5 4 9 2 7 6 6 3 1 6 9 12 8 10 12 4 4 3 3 1 5 3 4 15 1 5 3 5 3 3 5 350 200 390 250 126 321 307 300 410 357 487 508 1,287 130 597 546 382 205 155 195 584 352 188 297 279 303 427 308 390 430 230 410 282 165 489 193 427 314 185 297 420 605 311 546 The Power Broker Report is sponsored by: ® ® RISMedia’s REAL ESTATE April 2015 75 Top 500 Sales Rank Trans. Rank 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 527 660 691 163 535 149 137 193 503 173 828 351 115 154 165 151 133 184 292 224 287 329 890 198 363 333 290 387 255 276 126 172 816 153 200 218 124 504 315 358 484 567 208 386 482 Company State Sales Volume Transactions Total Offices Total Agents Keller Williams Realty Landmark Coldwell Banker George Realty Star Real Estate Chapman Hall REALTORS® RE/MAX of Valencia RE/MAX Professionals Arizona McColly Real Estate Keller Williams Realty Partners Kansas Keller Williams Realty Eagle Realty Chinowth & Cohen REALTORS® Callaway Henderson Sotheby’s Intl. Realty Coldwell Banker Kappel Gateway Realty Coldwell Banker Roth Wehrly Graber REALTORS® BHHS Starck Real Estate Keller Williams Realty Chattanooga Russell & Jeffcoat Real Estate Coldwell Banker Heritage REALTORS® The Agent Owned Realty Co. ERA Key Realty Services West USA Realty Revelation Keller Williams Realty Sunset Corridor/Eugene Keller Williams Realty Frisco Keller Williams Realty Tri-Valley Realty Coldwell Banker Barnes Keller Williams Realty Portland Premiere Keller Williams Realty Memorial BHHS Montana Real Estate RE/MAX Masters Inc. RE/MAX Elite Tennessee RE/MAX United Greenridge Realty Keller Williams Realty Fort Worth BHHS California Realty Thousand Oaks Keller Williams Realty Fayetteville AR Keller Williams Realty Coastal Area Partners Keller Williams Realty Advisor’s Realty RE/MAX Integrity Oregon RE/MAX Masters Realty RE/MAX Fine Properties Texas Keller Williams Real Estate Exton Residential Properties Diane Turton REALTORS® Keller Williams Realty of Grand Rapids Keller Williams Realty West Monmouth Coldwell Banker West NY CA CA GA CA AZ IN KS FL OK NJ CA IN IL TN SC OH SC MA AZ OR TX CA TN OR TX MT CO TN NC MI TX CA AR GA OH OR CA TX PA RI NJ MI NJ CA $713,278,388 $711,158,982 $704,427,791 $702,854,260 $699,866,528 $695,439,119 $693,770,000 $693,093,579 $686,639,301 $685,000,000 $682,513,705 $678,915,077 $678,846,838 $678,689,382 $678,295,832 $670,271,639 $669,043,204 $663,540,962 $662,573,457 $660,357,776 $653,488,570 $651,385,465 $647,584,001 $646,864,503 $644,231,093 $642,983,478 $642,359,182 $637,232,659 $633,819,699 $632,827,863 $630,986,543 $626,224,458 $623,744,365 $622,397,752 $620,263,200 $618,288,021 $615,024,398 $612,507,477 $610,318,608 $607,721,472 $607,444,018 $606,854,682 $601,732,093 $596,643,800 $596,053,723 1,494 1,225 1,178 3,672 1,474 3,931 4,342 3,264 1,541 3,557 977 2,003 4,849 3,779 3,657 3,871 4,459 3,420 2,335 2,914 2,377 2,116 896 3,189 1,951 2,063 2,345 1,841 2,569 2,437 4,663 3,561 991 3,835 3,173 2,999 4,701 1,540 2,168 1,971 1,572 1,396 3,114 1,842 1,585 3 3 4 8 2 6 18 1 2 8 5 7 13 14 2 12 9 12 14 1 2 1 1 7 1 1 13 1 4 2 21 2 5 3 1 3 5 7 1 2 5 15 1 3 3 479 477 258 525 129 173 550 331 407 370 175 217 352 430 320 451 331 466 325 401 231 270 112 233 176 413 185 96 186 134 350 418 225 397 281 329 144 164 140 319 174 350 272 482 367 The Power Broker Report is sponsored by: ® ® 76 April 2015 RISMedia’s REAL ESTATE Top 500 Sales Rank Trans. Rank 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 737 203 204 189 793 206 215 318 320 960 217 241 260 152 439 490 371 222 157 425 943 201 199 210 283 538 598 419 256 575 279 566 183 197 532 293 296 475 254 306 536 268 230 244 227 Company State Keller Williams Realty Cupertino Coldwell Banker MidAmerica Group REALTORS® J. P. Weigand & Sons Keller Williams Realty Cook and Company Keller Williams Realty Larchmont RE/MAX Ability Plus Realty Executives of Kansas City RE/MAX Realty Affiliates Bean Group Realogics Sotheby’s Intl. Realty RE/MAX Classic Keller Williams Realty Consultants Realty Realty Executives Integrity Five Star Real Estate Keller Williams Select REALTORS® Keller Williams Realty Beverly BHHS Utah Elite Real Estate Coldwell Banker Wallace & Wallace REALTORS® Keller Williams Realty Greater Cleveland West/SW Keller Williams Realty Portland Central CA IA KS GA CA IN KS NV NH WA MI OH WI MI MD MA UT TN OH OR Better Homes and Gardens Real Estate J F Finnegan REALTORS® CA RE/MAX Realty 100 WI Keller Williams Realty Southern Arizona AZ Skogman Realty IA Stark Company REALTORS® WI CENTURY 21 Hometown Realty CA Keller Williams Realty VIP Properties CA CENTURY 21 Allstars CA BHHS Real Estate Professionals OR RE/MAX of Cherry Creek Inc. CO Keller Williams Realty Madison WI Cascade Sotheby’s Intl. Realty OR Coldwell Banker Hubbell Briarwood MI RE/MAX Boone Realty MO CENTURY 21 American Homes NY RE/MAX 440/Central PA Keller Williams Realty Charlotte SouthPark NC Keller Williams Realty Easton Market Center MA RE/MAX Space Center Clear Lake TX Keller Williams Realty Premier Partners WA Coldwell Banker Schmitt Real Estate Co. FL RE/MAX Center GA RE/MAX Platinum Michigan MI Keller Williams RM Realty Associates LLC DE The Maine Real Estate Network ME Sales Volume Transactions Total Offices Total Agents $593,249,952 $590,752,178 $589,687,568 $588,576,909 $584,801,824 $584,680,581 $582,588,686 $581,052,991 $579,148,618 $578,186,610 $578,101,729 $577,682,023 $575,134,792 $575,064,121 $574,965,173 $574,871,761 $574,572,404 $572,795,707 $571,285,462 $571,056,059 $571,047,762 $570,846,954 $569,863,964 $569,129,067 $568,469,700 $567,338,015 $564,602,165 $561,683,353 $559,593,801 $555,171,774 $554,817,808 $552,108,525 $549,432,985 $547,499,815 $545,632,712 $541,663,976 $539,745,910 $539,312,718 $538,599,476 $536,260,553 $535,628,649 $535,024,832 $534,034,105 $533,776,946 $530,846,257 1,108 3,159 3,129 3,321 1,027 3,118 3,027 2,140 2,135 792 3,021 2,704 2,554 3,856 1,692 1,564 1,910 2,951 3,752 1,733 817 3,172 3,188 3,110 2,401 1,456 1,340 1,753 2,564 1,375 2,426 1,397 3,433 3,190 1,480 2,322 2,277 1,609 2,591 2,227 1,467 2,496 2,857 2,683 2,880 2 6 7 3 2 7 5 3 15 3 4 2 5 9 2 3 5 5 2 1 4 4 2 5 6 15 2 1 7 1 2 4 6 2 10 10 2 2 3 1 5 3 4 3 23 499 189 238 315 344 191 206 98 290 113 127 307 184 250 344 331 154 328 379 204 301 161 448 209 190 299 477 258 185 84 246 95 183 164 471 174 335 229 119 205 120 130 244 425 352 The Power Broker Report is sponsored by: ® ® RISMedia’s REAL ESTATE April 2015 77 Top 500 Sales Rank Trans. Rank 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 784 238 507 779 377 428 271 356 744 278 331 298 460 625 191 361 232 512 261 605 304 325 310 789 148 430 297 392 529 413 384 896 164 486 270 905 988 220 294 710 632 508 801 328 435 Company State Heritage House Sotheby’s Intl. Realty Keller Williams Realty Classic/Homestead Realty RE/MAX Premier Realty CENTURY 21 All Islands Keller Williams Realty Sonoran Living Keller Williams Realty Centre Coldwell Banker Gosslee RE/MAX Metro Florida RE/MAX College Park Realty Keller Williams Realty Capital Partners Coldwell Banker Preferred REALTORS® Keller Williams Realty Heritage Realty RE/MAX Properties Alaska CENTURY 21 NorthBay Alliance Mel Foster Co. RE/MAX Southern Homes CENTURY 21 Town & Country Dale Sorensen Real Estate Inc. NJ FL CA HI AZ MD LA FL CA OH CA FL AK CA IA AL MI FL Coldwell Banker Harris McHaney & Faucette Real Estate AR RE/MAX Fine Properties AZ Coldwell Banker Caine SC Keller Williams Realty Preferred Realty North Carolina NC Charles Rutenberg Realty of Illinois LLC IL Lakes Sotheby’s Intl. Realty MN BHHS Professional Realty OH RE/MAX Associates Utah UT Keller Williams Realty Minnesota MN Churchill-Brown & Associates OK RE/MAX Advantage Plus Florida FL RE/MAX Dallas Suburbs TX RE/MAX Advance Realty II FL Keller Williams Realty San Diego North Inland CA RE/MAX Crossroads Properties OH RE/MAX Executive Realty Massachusetts MA RE/MAX Realtec Group FL RE/MAX Metro New York NY Bailey Properties CA RE/MAX of Reading PA RE/MAX Anchor Realty FL Keller Williams Realty Falls Church/Dulles/Charlottesville VA Hall & Hunter REALTORS® MI RE/MAX Metro of Atlanta Inc. GA RE/MAX Premier Virginia VA Keller Williams Realty Emerald Coast FL Keller Williams Realty Cary NC Sales Volume Transactions Total Offices Total Agents $523,718,347 $523,349,069 $522,395,742 $522,151,583 $521,363,277 $519,257,535 $519,098,538 $516,740,000 $516,215,221 $514,435,665 $513,858,732 $512,936,451 $512,711,892 $511,461,547 $506,358,283 $505,393,391 $503,998,786 $503,640,528 $501,225,342 $500,639,830 $497,561,399 $491,310,959 $490,669,084 $489,791,637 $484,984,000 $484,155,890 $482,069,148 $479,070,710 $478,887,226 $477,907,912 $477,459,343 $476,524,887 $474,381,350 $474,082,516 $473,910,880 $472,475,440 $471,032,233 $469,367,724 $467,045,555 $466,727,849 $466,491,705 $466,213,195 $462,556,961 $461,706,303 $460,592,317 1,043 2,713 1,532 1,052 1,872 1,724 2,461 1,981 1,095 2,427 2,082 2,269 1,641 1,288 3,312 1,959 2,791 1,519 2,554 1,325 2,232 2,123 2,215 1,037 3,947 1,721 2,271 1,837 1,487 1,778 1,852 886 3,671 1,571 2,462 874 762 2,965 2,306 1,152 1,281 1,528 1,014 2,118 1,710 5 3 4 10 2 2 2 3 6 1 3 2 1 11 9 2 7 3 4 2 4 2 2 2 21 5 2 3 6 2 2 1 7 6 1 3 4 1 5 3 1 2 5 2 1 192 463 113 259 308 361 182 120 161 192 175 383 152 243 196 94 293 126 185 137 160 256 810 77 420 106 250 136 118 141 148 193 132 108 118 43 125 135 109 275 94 93 101 263 201 The Power Broker Report is sponsored by: ® ® 78 April 2015 RISMedia’s REAL ESTATE Top 500 Sales Rank Trans. Rank 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 274 434 449 291 626 560 452 438 248 692 267 319 301 257 808 991 383 380 295 580 246 388 288 273 239 242 202 798 722 506 390 525 695 731 357 869 520 523 195 547 150 231 939 243 458 Company State Sales Volume Transactions Total Offices Total Agents Rector Hayden REALTORS® Keller Williams Realty Premier Realty Keller Williams Realty Crofton/Ft. Meade Keller Williams Realty Red Stick Partners LLC RE/MAX By the Bay RE/MAX Whatcom County Inc. Keller Williams Realty Preferred Realty Colorado Realty Executives of Nevada ERA Wilder Realty RE/MAX Realty Centre Olney ERA Sellers & Buyers Real Estate Keller Williams Realty Denton CENTURY 21 Beggins Enterprises Star One REALTORS® Wright Kingdom Real Estate Terrie O’Connor REALTORS® Coldwell Banker Schneidmiller Realty RE/MAX Professionals Washington Keller Williams Realty Knoxville West Keller Williams Realty Bothell Realty Executives Tucson Elite RE/MAX Associates Northeast CENTURY 21 Sunbelt Realty Keller Williams Realty North Florida Keller Williams Realty WinStar Realty RE/MAX Realty Group New York The Danberry Co. REALTORS® McMillin Realty RE/MAX Town Center Maryland RE/MAX Southeast Inc. Keller Williams Realty Greater Hartford The Platinum Group REALTORS® Keller Williams Realty Greater Seattle Keller Williams Realty Bakersfield CENTURY 21 Arizona Foothills Keller Williams Realty San Diego Metro Coldwell Banker Elite Better Homes and Gardens Real Estate III RE/MAX Results Indiana Keller Williams Arizona Realty The Russell Realty Company F.C. Tucker Emge REALTORS® Fillmore Real Estate ERA First Advantage Realty RE/MAX of Naperville KY TX MD LA ME WA CO NV SC MD TX TX FL OH CO NJ ID WA TN WA AZ TX FL FL ID NY OH CA MD CO CT CO WA CA AZ CA VA VA IN AZ OH IN NY IN IL $460,000,000 $458,982,158 $458,773,007 $457,502,380 $456,334,072 $451,261,101 $450,677,263 $450,533,018 $449,614,630 $449,443,734 $446,048,569 $445,182,723 $444,071,972 $443,104,255 $440,685,232 $438,179,390 $437,054,533 $436,818,441 $436,697,537 $435,465,306 $434,924,576 $434,484,341 $433,431,809 $433,395,108 $433,074,648 $432,772,667 $432,394,198 $432,316,878 $431,850,430 $430,718,704 $429,581,148 $427,878,224 $427,125,599 $426,387,983 $424,780,965 $424,173,693 $424,168,109 $422,960,933 $422,803,695 $420,897,208 $418,198,756 $418,187,745 $418,184,455 $417,487,438 $417,474,591 2,440 1,712 1,671 2,335 1,287 1,412 1,658 1,698 2,661 1,176 2,501 2,137 2,245 2,563 995 755 1,857 1,863 2,284 1,370 2,669 1,840 2,351 2,458 2,711 2,692 3,161 1,019 1,126 1,533 1,839 1,495 1,172 1,116 1,972 928 1,502 1,500 3,237 1,433 3,890 2,797 821 2,684 1,645 4 1 1 2 2 3 1 2 8 2 4 1 10 9 2 7 3 5 1 1 7 2 11 3 1 2 5 4 3 1 1 1 1 2 8 1 7 8 6 1 8 8 14 8 2 250 272 376 313 74 82 225 151 233 112 244 207 342 241 89 300 143 118 318 176 229 100 325 348 153 142 235 125 135 89 265 65 134 212 360 230 185 118 138 258 530 188 320 174 130 The Power Broker Report is sponsored by: ® ® RISMedia’s REAL ESTATE April 2015 79 Top 500 Sales Rank Trans. Rank 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 589 870 633 360 285 330 302 364 540 406 751 551 401 347 233 916 369 299 236 543 412 250 545 471 342 604 496 568 465 501 385 282 476 477 478 479 480 481 482 483 484 485 486 487 488 909 970 462 453 410 483 487 403 405 702 379 327 345 Company State Sales Volume Transactions Total Offices Total Agents CENTURY 21 Lois Lauer Realty RE/MAX Executives RE/MAX Real Estate Center Keller Williams Realty Legacy CENTURY 21 Mike Bowman Inc. Jim Maloof REALTOR® Keller Williams Realty LS Counselor Realty Inc. Hegg REALTORS® Inc. Keller Williams Realty Chervenic Realty RE/MAX Around Atlanta RE/MAX Advantage Realty Inc. Cressy & Everett Real Estate RE/MAX Grand RE/MAX Leading Edge RE/MAX Select Realty Coldwell Banker Premier Real Estate RE/MAX Results RE/MAX Premier Dallas Keller Williams Realty Coastal Realty Keller Williams Realty Federal Way RE/MAX Preferred Wisconsin The Real Estate Group CA VA MA TX TX KY KY NY WI TX MD CA TX TX IL CA MN SD OH GA CO IN TX MD PA CA MD TX NH WA WI IL $417,226,306 $415,792,793 $415,149,553 $414,673,093 $414,469,029 $414,167,598 $412,824,234 $412,678,362 $411,569,126 $410,450,813 $409,412,893 $408,980,000 $408,399,573 $407,377,436 $406,928,315 $406,624,219 $405,358,611 $404,908,535 $404,337,910 $402,172,570 $400,889,566 $400,717,082 $400,713,522 $400,275,654 $399,559,732 $398,170,152 $395,988,040 $395,524,323 $395,375,905 $394,043,282 $391,762,224 $390,209,878 1,355 927 1,280 1,961 2,392 2,100 2,243 1,949 1,449 1,790 1,086 1,423 1,816 2,019 2,776 858 1,930 2,250 2,739 1,440 1,781 2,629 1,435 1,618 2,038 1,326 1,545 1,395 1,634 1,542 1,849 2,410 2 4 6 1 8 1 1 6 8 1 2 2 1 1 17 1 8 2 1 3 1 9 2 3 8 13 2 3 1 1 13 1 128 126 101 261 207 121 175 250 86 320 134 120 240 190 228 365 195 146 264 95 97 180 86 106 148 158 103 115 220 217 104 125 Keller Williams Realty Santa Rosa Coldwell Banker Doug Arnold Real Estate Inc. Keller Williams Realty Antelope Valley RE/MAX Choice Properties Keller Williams Realty Chesapeake/Western Branch Keller Williams Real Estate Langhorne Keller Williams Realty Pembroke Pines Miramar RE/MAX Specialists RE/MAX Unlimited Northwest Keller Williams Realty Charleston/Mt. Pleasant Keller Williams Realty Metairie CENTURY 21 Sweyer & Associates Keller Williams Realty Diamond Partners CA CA CA TN VA PA FL FL IL SC LA NC KS $389,081,764 $388,574,696 $387,032,186 $385,103,696 $382,474,715 $381,538,386 $380,360,600 $377,500,143 $377,359,801 $376,183,161 $375,068,466 $374,998,065 $374,005,156 867 779 1,636 1,655 1,786 1,579 1,570 1,810 1,792 1,164 1,865 2,119 2,023 1 2 1 5 3 1 1 2 6 1 2 4 1 141 74 293 82 215 203 260 96 102 203 270 166 261 Better Homes and Gardens Real Estate Bradfield Properties RE/MAX Properties East Keller Williams Realty Louisville East BHHS Hudson Valley Realty Keefe Real Estate Keller Williams Realty Central 75 RE/MAX Realty Group Realty Concepts Keller Williams Realty Conroe/Lake Conroe/Huntsville The Power Broker Report is sponsored by: ® ® 80 April 2015 RISMedia’s REAL ESTATE Top 500 Sales Rank Trans. Rank 489 490 491 492 493 494 495 496 497 498 499 500 378 450 644 395 303 269 382 814 355 313 414 362 Company State Sales Volume Transactions Total Offices Total Agents ERA Colonial Real Estate RE/MAX Realty Center Keller Williams Realty New Orleans BHHS Blake REALTORS® RE/MAX 200 Realty RE/MAX Plus Castelli Real Estate Services LLC Zeitlin & Co. REALTORS® Keller Williams Realty Services Old Colony REALTORS® Keller Williams Realty Rockwall Keller Williams Realty Greenville Upstate TX TX LA NY FL NY FL TN LA WV TX SC $372,568,772 $372,029,153 $371,905,460 $370,151,942 $369,694,660 $369,512,967 $368,280,000 $368,111,097 $367,471,524 $366,917,254 $366,533,692 $365,509,652 1,867 1,670 1,256 1,833 2,234 2,496 1,860 992 1,986 2,183 1,766 1,957 5 2 1 10 2 1 5 2 2 7 2 1 82 103 185 308 94 105 218 104 258 195 272 213 All submitted survey data is verified by the individual broker, his/her financial party, and corporate office, where applicable. Data is deemed accurate at press time and does not reflect changes as a result of acquisitions or mergers that may have taken place post press date. Power Broker Referral Networks RE/MAX ERC Brookfield Global Relocation Services None 1% 26% 4% 25% 5% 1% Keller Williams EXIT Realty Corp. 12% Leading Real Estate Companies of the World® Realty Executives 1% 24 % Cartus 1% Others Based on the top 1,000 respondents to RISMedia’s 2015 Power Broker Survey The Power Broker Report is sponsored by: ® ® RISMedia’s REAL ESTATE April 2015 81 Who’s Who at HomeServices of America While it may appear that some long-standing members of the Power Broker Top 500-list are missing from this year’s ranking, they are actually now incorporated into HomeServices of America’s No. 2 spot. Here is the 2014 breakdown of HomeServices-owned firms: Brand Trans. Sales Volume Offices BHHS California Properties 12,070 $11,320,502,517 57 Agents 2,450 Brand Trans. Sales Volume Offices Agents Iowa Realty 10,539 $2,106,972,467 16 771 Carol Jones Realtors® 1,766 $252,577,989 12 224 BHHS Carolinas Realty 6,943 $1,849,224,016 13 713 Guarantee Real Estate 3,591 $836,974,146 10 468 BHHS Fox & Roach 27,000 $9,337,811,113 62 4,498 Harry Norman 6,879 $2,817,611,917 12 851 BHHS Georgia Properties 9,694 $2,399,052,936 19 1,212 $1,266,221,357 8 739 7,983 $2,795,761,265 48 1,209 BHHS Northwest Real Estate Portland 4,152 $1,110,420,510 13 337 Semonin Realtors® & Rector-Hayden Realtors® (HomeServices of Kentucky) 6,740 BHHS New England Properties $989,800,367 10 383 2,967 $1,024,283,928 7 389 HomeServices of Nebraska 5,972 BHHS Northwest Real Estate Seattle Huff Realty 4,751 $677,022,705 9 390 BHHS KoenigRubloff 9,608 $4,583,633,589 23 1,354 Intero Real Estate 6,515 $6,191,174,221 14 970 BHHS Subtotal 80,417 $34,420,689,874 242 12,162 Long Realty 8,171 $1,935,982,078 14 703 RealtySouth 7,524 $1,693,529,625 16 694 CBSHOME Real Estate 6,480 $1,278,054,499 4 408 Roberts Brothers 1,738 $318,171,971 3 155 Champion Realty 1,396 $509,625,173 7 235 ReeceNichols 15,333 $3,763,831,625 20 1,976 119,217 $33,855,486,642 23 1,984 199,634 $68,276,176,516 465 24,146 Edina Realty HomeServices 28,447 Power Brokers by Brand Esslinger-Wooten-Maxwell 3,375 (EWM) $6,870,714,665 58 2,246 Subtotal $2,347,221,838 10 771 Total Real Living 1% 1% BHHS 5% Keller Williams % 1% Independent 1% 25 Better Homes and Gardens Real Estate 17% Prudential CENTURY 21 7% EXIT Realty Corp. 1 % RE/MAX Realty Executives 27% 1% ERA 3 % 2% Based on the top 1,000 respondents to RISMedia’s 2015 Power Broker Survey 82 April 2015 RISMedia’s REAL ESTATE HomeSmart International Sotheby’s International Realty Coldwell Banker 10%