May 5, 2015
Thursday, May 28, 2015 9:50 AM
CHICAGO – (5/28/15) – Chicago-based Leading Real Estate Companies of the World® has released its 2014 sales statistics, demonstrating continued dominance in the residential real estate market. Network affiliates produced over one million transactions valued at $321 billion in home sales in 2014, over $81 billion more than its closest network competitor.
Among the top 500 firms in the United States, Leading Real Estate Companies of the World® affiliates outsold all other networks in home sales units by over 40%, according to REAL Trends 500, which ranks the largest U.S. companies by transaction sides and sales volume. LeadingRE has outsold all national networks and franchises for more than a decade.
Among this prestigious group, Leading Real Estate Companies of the World® members represented 14 of the top 25 firms in the U.S. in sales volume and 26% of the total sales production of the top 500 U.S. companies.
“The recently-released 2014 sales data illustrates a steady improvement in the sales performance of LeadingRE, continuing a trend we’ve seen since we began collecting this data 15 years ago,” said Pam O’Connor, LeadingRE president/CEO. “These impressive results demonstrate the local market dominance of our member firms and the collective power of our global real estate network.”
Figures for the top 500 firms are verified and published by REAL Trends. Figures for total sales of all networks are estimated by using average sales units per agent for each network’s firms in the REAL Trends 500, multiplied across each network’s entire agent population.
Leading Real Estate Companies of the World® encompasses over 500 firms with 3,500 offices and 120,000 associates in over 50 countries worldwide. The organization provides its affiliates with a robust menu of products and services spanning the areas of lead generation; outcome-based learning for leaders, associates and staff; web technology and systems; and branding and marketing support, including its Luxury Portfolio International® division. To learn more about Leading Real Estate Companies of the World®, visit www.LeadingRE.com.