RMAX - Amid Shifting Housing Conditions RE/MAX Agents Continue to Outsell Competition for 13th Straight Year
PR Newswire
According to the 2023 RealTrends 500 survey of large brokerages, RE/ MAX agents averaged twice as many transaction sides as competing agents in 2022
DENVER , April 5, 2023 /PRNewswire/ -- According to data in the 2023 RealTrends 500 survey , RE/MAX® agents continue to outperform the competition in both transaction sides and sales volume, on average, among the country's largest real estate brokerages.* This is the 13th consecutive year RE/ MAX agents at the largest U.S. brokerages outsold competitors by more than 2-to-1 based on transaction sides. The widely respected report showed RE/ MAX agents averaged 13.6 transaction sides, more than doubling the average (6.2) of all other agents from the 1,561 participating brokerages. RE/ MAX agents have held this 2-to-1 advantage every year since 2010. RE/ MAX agents also averaged 67% more sales volume than the average for competitors.*
The global real estate franchisor also had the most brokerages of any other brand qualify for the 2023 RealTrends Nation's Best list , a related ranking to the RealTrends 500.
"The performance of the RE/ MAX brokerages on this prestigious list confirms what we know to be true – RE/ MAX affiliates have what they need to be successful in virtually any market conditions," President and CEO Nick Bailey said. "RE/ MAX agent productivity, showcased in this survey and others, solidifies RE/ MAX as a top choice for consumers who want to buy or sell a home."
RealTrends also released The Billionaire's Club list of the top U.S. real estate brokerage firms that closed at least $1 billion in sales volume in 2022, according to data from the 2023 RealTrends 500. Thirty-four RE/ MAX offices reached that milestone. That group included RE/ MAX Gold, representing Gold Nation ( Sacramento, CA ), which ranked No. 11 with $18.2 billion in sales volume, and RE/ MAX Results ( Eden Prairie, MN ), which came in at No. 27 with $7.4 billion in sales volume.
RE/ MAX Trinity-Advantage ( Lewisville, TX ) was also named a top mover by transaction sides and sales volume ending 2022 with 1,794 sides and $798.9 million in sales volume.
Added Bailey, "Top producers attract top producers, and RE/ MAX agents help each other maximize their businesses, as evidenced by their continued leading performance on these lists."
Source: *Based on 2023 RealTrends 500 data, citing 2022 transaction sides for the 1,561 largest participating U.S. brokerages. RE/ MAX average: 13.6 Competitors: 6.2. RE/ MAX average: $5.3 million . Competitors: $3.2 million .
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 more than 140,000 agents in over 9,000 offices and a presence in more than 110 countries and territories. Nobody in the world sells more real estate than RE/ MAX , as measured by residential transaction sides. 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. 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 news.remax.com.
SOURCE RE/ MAX , LLC
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