Leading Real Estate Companies of the World® Announces 2012 Market Statistics
CHICAGO, IL – May 16, 2013 – (RealEstateRama) — Chicago-based Leading Real Estate Companies of the World® announced its 2012 sales statistics today, once again demonstrating dominance in the real estate market.
Collectively, network affiliates produced $272 billion in sales in 2012 with over one million transaction sides, which is $65-70 billion more in dollar volume and approximately 20% more sides than its closest network competitors.
Leading Real Estate Companies of the World® showed leadership in local markets as well, with network affiliates holding the number one ranking in 39% of the top 108 markets in either sales volume or transaction sides or both.
Among the top 500 companies in the country, affiliates out-performed all other networks by over 34% in 2012, according to REAL Trends 500, which ranks the largest companies by transaction sides and sales volume.
Within this prestigious group, Leading Real Estate Companies of the World® members represented 13 of the top 25 brokerage firms in the U.S. and produced 27% of the total sales of the top 500 companies, compared to 20% by its closest competitor.
“We are gratified to see significant growth year-over-year in a number of important areas, including sales volume, which signals price increases,” notes Pam O’Connor, president and CEO of LeadingRE. “Our members continue to build on their strong local brands, while capitalizing on the many resources of our global network, coming together to create a dominant force in real estate.”
Figures for the top 500 firms are verified and published by REAL Trends. Figures for total sales of all networks are estimated by applying per-agent averages for each network for its top 500 affiliates to its overall agent population.
The 500+ firms affiliated with Leading Real Estate Companies of the World® are represented by 4,000 offices and 120,000 associates in more than 40 countries worldwide. The organization provides a full complement of brokerage services in marketing, technology and education to premier independent, locally branded residential firms. To learn more about Leading Real Estate Companies of the World®, visit www.LeadingRE.com.
Contact:
Robin LaSure / Leading Real Estate Companies of the World® / 312.424.0436 /
