05-24-2012 08:17 PM CET - Industry, Real Estate & Construction
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Leading Real Estate Companies of the World® Leads the Top 500 U.S. Firms

Press release from: Leading Real Estate Companies of the World®
CHICAGO (5/23/12) – According to the recently-released REAL Trends Top 500 Report, Leading Real Estate Companies of the World® once again led in sales in 2011, with nearly 27% of total sales among the country’s top 500 firms. With 528,000 transaction sides, this figure was nearly 124,000 more sides than the network’s closest competitor.

Leading Real Estate Companies of the World® (LeadingRE) also led in sales volume, with nearly $134 billion, representing 26% of the total volume. The strength of LeadingRE’s local brands was further conveyed in the analysis of the #1 market share rankings for the nation’s top 103 markets. In that portion of the study, LeadingRE had the highest representation, with 40 firms holding the number one ranking.

U.S. network sales in 2011 for all of LeadingRE’s 500+ affiliate firms totaled nearly 924,000 transaction sides valued at $234.6 billion. Estimates indicate that these figures are approximately 152,000 sides and $65 billion more than the network’s closest competitor. Worldwide, LeadingRE network members participated in nearly 1.1 million transaction sides.

“The continued dominance of the brands affiliated with LeadingRE is a testament to the strength and quality of these brokers, managers and sales associates. We find it especially encouraging that our members realized an increase in sides and volume of about 141,000 and $12 billion, respectively,” notes LeadingRE President/CEO Pam O’Connor.

She adds, “The growth is also reflective of a trend we are seeing where consumers are gravitating toward local brands in many ways. The deep local roots of our members have created a strong connection with those in the communities they serve.”

To learn more, visit LeadingRE.com.

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About Leading Real Estate Companies of the World®

Leading Real Estate Companies of the World® (www.LeadingRE.com) is the largest network of top independent local and regional brand-name brokerage firms in the residential sector of real estate. The 500+ firms affiliated with Leading Real Estate Companies of the World® are represented by 4,600 offices and 140,000 associates in more than 30 countries worldwide. The organization's leadership is demonstrated by the fact that its affiliates comprise 13 of the top 25 real estate companies in the country. Collectively, LeadingRE affiliates produced over 900,000 home sales valued at $235 billion in the U.S. in 2011. In addition, LeadingRE locally-branded affiliates hold the Number One position in sales in 40 of the top markets in the U.S., more than any national franchise organization. For complete information on LeadingRE statistics, visit stats.leadingre.com/.

Leading Real Estate Companies of the World®
161 N. Clark St., Ste. 1250
Chicago, IL 60601

Contact: Kimberly Ecker / Leading Real Estate Companies of the World® / 312.424.0400 x158 / kecker@LeadingRE.com

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