This afternoon I spent some time reviewing the 2010 Power Broker Report. This report is produced by RISMedia and is the 22nd Annual Power Broker Survey looking at the top 300 real estate brokerages in the United States. It's published this month in RISMedia's REAL ESTATE magazine.
Being the numbers and statistics junkie that I am, I did a little figuring.
And this is what I figured out about my company, RE/MAX Allegiance:
Nobody Sells as Much Real Estate with as Few Agents as RE/MAX Allegiance! Nobody.
Here's the scoop:
RE/MAX Allegiance is ranked #22 in the country by total sales volume with sales of $2,598,955,784.
RE/MAX Allegiance transacted this volume of sales with a total of just 657 agents in 23 offices. We're not a small company by any measure, but let's look at some other numbers.
Every single brokerage that sold more real estate than RE/MAX Allegiance had more agents. The next smallest company ranking ahead of ours in sales volume had over 1,100 agents.
Sure, some of the companies ranked ahead of us in sales volume had mega amounts of sales, but consider the following.
Long & Foster Real Estate had a sales voume of $21,779,927,000. That's over 8X as much volume as RE/MAX Allegiance. However, Long & Foster has almost 19X as many agents at 12,405 total agents.
That means the average Long & Foster agent sold $1,755,737 of real estate in 2009 while the average RE/MAX Allegiance agent sold $3,955,792.
And, since I know you were wondering... the top Keller Williams brokerage on this list -- Keller Williams Realty in Dallas with 12 offices and 1,578 agents -- sold a total of $2,129,074,428 in sales volume or an average of $1,349,223.
BOTTOM LINE: With almost $4 million in sales for 2009, the average RE/MAX Allegiance agent
is anything but average!
All of this shows the truth in two of the RE/MAX slogans:
Nobody Sells More Real Estate than RE/MAX!
and
Outstanding Agents, Outstanding Results.
We're always looking for a few more good agents here in my office in McLean and throughout all our RE/MAX Allegiance offices. Watch the video below and give me a call at 703-626-0715 to confidentially discuss growing your real estate career.
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If you plan to purchase or sell a home in the Northern Virginia or D.C. area,
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Hi Brian...If I was anywhere near your office I would have my license hanging there. No doubt about it!
I love the RE/MAX slogans. I believe in them.
Kate
I'm a proud Remax agent and I appreciate the time you took to run the numbers! Well done!
Great post Brian, and congratulations on a job well done by a lot of agents. You deserve the accolades!
Guess CB Jr liked your post!
Great information about RE/MAX! I wouldn't be any other place.
Brian After 25 years it is safe to say I believe in the concept