Winchester, MA April 4, 2018 – RE/MAX Leading Edge has been named one of the largest real estate firms by REAL Trends. The 2018 REAL Trends 500is an independently verified compilation of the nation’s leading residential real estate companies. RE/MAX Leading Edge closed 2,076 transactions and $1.2B in sales volume in 2017, ranking as one of the top firms in Massachusetts.
According to a research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the nation closed over 3.2 million residential sales transactions in 2017. These transactions represent approximately one-third of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500represented less than one-half of one percent of all brokerage firms. The 500-ranked brokers closed 3.2 million home transactions with a value of over $1.1 trillion during 2017, up from $1.0 trillion in the calendar year 2016.
This year's survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms.
“Housing sales in the nation were up 1.1 percent in 2017 from 2016. REAL Trends 500 firms were up 3.3 percent in the same period,” said Steve Murray, president of REAL Trends. “For the fourth year in a row, the nation’s largest brokerage firms gained market share.”
It took 1,899 transactions to be included in this year's REAL Trends 500, up from a minimum of 1,843 transactions a year ago. In 2016, there were 235 firms recording over $1 billion in residential sales while there were 274 firms that accomplished this in 2017.
“We are honored to be recognized by REAL Trends,” said Paul Mydelski, Chairman and Founder of RE/MAX Leading Edge. “We are incredibly proud of the accomplishments of our agents. Our agents are committed to their craft, to professionalism, and to providing the best service possible to their clients. This is honor is a direct result of their efforts.”
To view the rankings, go to https://www.realtrends.com/rankings/rt500. This year, REAL Trends is offering the REAL Trends 500 information for free!
About RE/MAX Leading Edge
Founded in 2001, RE/MAX Leading Edge is one of Greater Boston’s leading full-service real estate companies offering residential real estate services to buyers and sellers. RE/MAX Leading Edge has grown to more than 200 sales professionals serving 9 locations throughout Greater Boston including, Arlington, Belmont, Boston, Cambridge, Lexington, Melrose, Reading, Wakefield and Winchester.
The strong leadership, career development, premier marketing and access to 110,000 RE/MAX agents worldwide results in their agents outselling the competition nearly 2:1. RE/MAX Leading Edge is the largest, fastest growing RE/MAX brokerage in New England and the fourth largest real estate firm in Massachusetts.
RE/MAX Leading Edge is affiliated with RE/MAX INTEGRA, New England and RE/MAX, LLC with a global network of 110,000 agents in 100 countries worldwide.
For more information about RE/MAX Leading Edge, visit www.leadingedgeagents.com
About REAL Trends
REAL Trends has been The Trusted Source for news, analysis and information about the residential real estate industry since 1987. We are a privately-held publishing, communications and consulting company based in Castle Pines, Colorado. Residential real estate leaders find timely and trusted information and analysis through our yearly event—Gathering of Eagles—our monthly newsletter and other publications.