From our fearless leader:
Mike James
President, San Francisco Bay Area, Sacramento/Tahoe and Hawaii
Coldwell Banker Residential Brokerage
I’m excited to share that for the 22nd year in a row, Real Trends 500 has ranked NRT the No. 1 residential real estate brokerage in the United States in closed sales volume. As a result of your incredible sales in 2018, NRT closed $176 billion in total sales volume last year, which is a tremendous accomplishment!
If Coldwell Banker NRT was ranked separately, we would be the nation’s most successful branded real estate brokerage, closing more than 316,000 transaction sides and nearly $145 billion in total sales volume. This is evidence of Coldwell Banker NRT’s power and the strength of our affiliated agents.
While HomeServices of America, which is a conglomerate of 47 brand names, closed the most transaction sides, this is largely the result of 27 acquisitions in 2018 and the acquisition of Houlihan Lawrence, Gloria Nilson and Long & Foster in 2017.
NRT is taking a different approach, focusing on supporting and enabling agents instead of acquisitions. Two decades ago, NRT began expanding quickly through acquisitions, completing more than 500. However, in preparing for changes taking place in our industry, NRT made a strategic decision to shift our focus and make our top priority helping you – our affiliated agents – live exceptional lives. We are doing that by investing in our Core 4 Values, which are focused on the things that drive your success and are the basis for everything we offer, from business-building tools to world-class education and recognition events. We know it is vital to support your productivity, help you build more personal wealth and provide you with the necessary tools and resources to be more competitive in our ever-changing industry.
You are the reason that NRT has been ranked the No. 1 residential real estate brokerage in the U.S. for sales volume for 22 straight years. Congratulations to each of you for making this exceptional achievement possible through your hard work and continued commitment to delivering truly remarkable service. Thank you for all that you do, every day!
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