Top 25 largest brokerages nationwide
Transaction sides down, sales volume up among Real Trends 500
BY INMAN NEWS, WEDNESDAY, MAY 11, 2011.
Inman News™
The 500 largest real estate brokerages in the country completed 6.7 percent fewer transaction sides in 2010 than in 2009, according to rankings from real estate publishing and communications company Real Trends.
Real Trends ranks the country's 500 largest brokerages each year by transaction sides (in every real estate sale there are two transaction "sides": the buyer's side and the seller's side) and closed sales volume.
Transaction sides among the 500 fell to 1.89 million in 2010 from 2.02 million in 2009. Total sales volume rose 1.3 percent, to $513 billion. The average home price among the 500 rose 7.4 percent last year from 2009, to $271,278.
The rise in sales volume was sharper among the top 25 firms: a 4.5 percent increase, to $247.7 billion.
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