Mar 27, 2019 9:15:28 AM
Keller Williams, once again, has the most top producing brokerages on the REAL Trends 500, according to the annual ranking and reporting published by REAL Trends, Inc.
Ranked by transaction sides, 174 Keller Williams brokerages appeared on the REAL Trends 500, representing 34.8 percent of the top 500 brokerages for 2018. The company significantly outpaced all other single real estate brands in terms of numbers of top-performing brokerages ranked.
The 174 Keller Williams brokerages handled 768,734 transaction sides. From the previous 2017 REAL Trends ranking, Keller Williams also added four more brokerages ranked by number of transactions.
“These results are monumental,” said Gary Keller, co-founder, chairman and CEO, Keller Williams. “We’re extremely proud to be in business with each of our Keller Williams brokerages that continue to set new benchmarks in the midst of dynamically shifting housing market.”
As a franchise, Keller Williams had 169 brokerages ranked on the REAL Trends 500 by volume, representing 33.8 percent of the industry’s top brokerages by volume alone for 2018. These firms handled more than $233.8 billion in sales.
From the previous year, Keller Williams added eight more brokerages ranked by sales volume this year.
“Seven of the top 10 growth firms were affiliated with Keller Williams,” said Scott Wright, vice president, REAL Trends. “Leading firms are finding a way to grow despite challenges from low inventory, affordability issues and intensifying competition.”
Arlington, Texas-based Keller Williams Realty Go Management Offices ranked No. 7 on the REAL Trends 500 list of brokerages by transaction sides, registering 33,134 in 2018. The brokerage also recorded $9.5 billion in sales volume in 2018.
“For several years, the REAL Trends 500 has gained market share,” said Steve Murray, president, REAL Trends. “In 2019, the REAL Trends 500 did it again – up 2.7 percent in 2018 against a national existing home sales factor which was down 3 to 4 percent.”
According to REAL Trends, it took 1,992 transactions to be included in this year’s REAL Trends 500, up from a minimum of 1,899 transactions a year ago.