NORWALK, Conn., April 10, 2018 (GLOBE NEWSWIRE) -- Following the release of the Power Broker Top 500, RISMedia, publisher of information and news for the residential real estate industry and its professionals, has announced the brokerages ranking in the Top 1,000 in RISMedia's 2018 Power Broker Report & Survey. Now in its 30th year, the 2018 Power Broker Report & Survey ranks brokerages based on two different metrics for 2017: 1) residential sales volume and 2) transaction sides.
Get the digital, interactive ranking of the Top 1,000 U.S. residential real estate firms: bit.ly/2Gbwfdr
The 2018 Power Brokers collectively earned $1,314,358,548,496 in sales volume and 3,791,872 transactions in 2017, and encompass more than 480,000 agents and over 8,370 offices.*
RISMedia's Power Broker Report & Survey is the industry's longest-running ranking of residential real estate brokerages in the U.S. To be eligible, brokerages must have completed a minimum of $150 million in residential sales volume in 2017.
The 2018 Power Broker Report & Survey is available in the April 2018 edition of RISMedia's Real Estate magazine, and on RISMedia.com. The 2018 Power Broker Report & Survey is sponsored by American Home Shield, Homes.com, HSA Home Warranty, Leading Real Estate Companies of the World® and Pillar To Post Home Inspectors.
*Figures are subject to change. Please visit RISMedia.com for the latest totals.
RISMedia's Power Broker Top 500 rankings were published on March 28, 2018.
Don't miss RISMedia's in-depth coverage and analysis of this year's Power Broker Report:
Annual Ranking of America's Top Brokerage Firms Reveals Significant Growth
Big Changes, Bigger Payoff: Power Brokers Adapt With Proactive Strategies
The 30th Annual Power Broker Report: The Top 30
From Disruptors to Teams, Power Brokers Are Watching
The 30th Annual Power Broker Report: The Biggest Footprints
Power Brokers: In Inventory Pinch, Millennials Hold Promise
The Makings of a Power Broker: Keys to Success
Looking Back to Move Forward: Power Brokers Reflect on 2017
Media Inquiries:
Maria Patterson
Executive Editor, RISMedia
203-855-1234, ext. 127
maria@rismedia.com
About RISMedia's 30th Anniversary Power Broker Report & Survey
RISMedia's 30th Anniversary Power Broker Report & Survey is based on an online survey of residential real estate brokerages in the U.S., conducted by RISMedia Jan. 25-Feb. 26, 2018. The survey ranks brokerages by closed sales volume and transaction sides in 2017. Brokerages must have had an individual, shareholder or entity with a minimum 50.1 percent ownership interest, inclusive of subsidiaries, complete the survey, and have had their submissions verified by the associated broker and accountant, CFO or other party who can validate the accuracy of the data submitted. To be eligible for the 2018 survey, brokerages must have completed a minimum of $150 million in residential sales volume in 2017. There is no cost or obligation to participate in the Annual Power Broker Report & Survey.
About RISMedia
RISMedia was founded in 1980 by CEO and Publisher John E. Featherston as the residential real estate industry's definitive source for news and information for real estate's most profitable and productive professionals. For over 35 years, RISMedia has provided the industry with news, trends, and strategies through Real Estate magazine and RISMedia.com, its blog, Housecall, and its renowned networking and educational events, including RISMedia's Real Estate CEO Exchange; the Newsmakers Awards, Reception & Dinner; and the Power Broker Forum, Reception & Dinner.