In this article, we will dive into the future and explore the largest real estate companies in the United States, projecting their growth and impact by 2024. While we will retain the core message from the original content, let's embark on this journey together and uncover some exciting insights that will reshape the way we perceive the real estate industry.
The Rise of Compass: Dominating Transaction Volume
Compass, the real estate powerhouse, is set to skyrocket in the coming years. With a staggering transaction volume of $228 billion in 2022, they have secured the position as the largest residential real estate brokerage in the U.S. But their journey doesn't end here. They are determined to revolutionize the industry and reshape the way we buy and sell homes.
Compass ranks #1 in transaction volume at $228B
eXp Realty: Where Agents Thrive
When it comes to agents, eXp Realty has established itself as the go-to brokerage. With an unparalleled 74,041 agents under their wing, they have created a vibrant community where professionals flourish and find success. But that's not all. In terms of transaction sides, eXp Realty dominates the market with an impressive 397,138 transactions in 2022.
Keller Williams Realty: The Franchise Empire
Keller Williams Realty stands tall as the largest franchise brand in the real estate industry. Their total transaction volume of $440 billion in 2022 speaks volumes about their dominance and influence. With their unwavering commitment to empowering real estate professionals, Keller Williams Realty paves the way for a future where franchise brands reign supreme.
The Titans of Transaction Volume
In 2022, only four brokerages surpassed the $100 billion mark in transaction volume. Compass led the pack with an astonishing $278 billion, followed by Anywhere with $218 billion, HomeServices of America with $166 billion, and eXp Realty with $159 billion. These powerhouses have reshaped the landscape of real estate, setting new standards for success.
Real Estate Brokerage Rank by Transaction Volume
Unveiling the Transaction Sides Champions
eXp Realty remains unbeatable in terms of transaction sides. With an astonishing 397,138 transactions in 2022, they leave their competitors in awe. But the story doesn't end there. The franchise brands have also made their mark. Keller Williams Realty amassed over 1 million transaction sides, and RE/MAX secured 781,000 transaction sides, solidifying their position at the top.
Real Estate Brokerage Rank by Transaction Sides
Agents Galore: A Battle for Numbers
eXp Realty, Anywhere Advisors, and HomeServices of America lead the pack when it comes to the number of agents. With 74,041, 59,800, and 44,560 agents respectively, these companies have created environments where professionals thrive and reach new heights. However, the franchise brands have some tricks up their sleeves. Both Keller Williams and Coldwell Banker surpass eXp Realty in agent count, with 169,266 and 94,863 agents respectively.
Real Estate Brokerage Rank by Agent Count
The Reign of Franchise Brands
Franchise brands have a significant influence on the real estate landscape. Anywhere Advisors, the frontrunner of the franchise brands, operates multiple brokerages under the Anywhere Brands umbrella. Their portfolio includes renowned brands such as Coldwell Banker, Sotheby's International, and Century 21. Keller Williams emerges as the franchise brand with the highest transaction volume in the U.S., amassing $440 billion in 2022. The top six franchise brands, including three Anywhere Brands, surpass the $100 billion milestone in transaction volume.
Real Estate Franchise Rank by Transaction Volume
Concluding Thoughts
The U.S. real estate industry boasts a diverse and competitive landscape, driven by major players who have demonstrated their dominance through impressive figures. Compass leads in transaction volume, eXp Realty excels in agent count and transactions, and Keller Williams Realty takes franchise supremacy to new heights. Anywhere Advisors showcases an impressive portfolio of franchise brands and an outstanding brokerage. Together, these companies shape the future of real estate in the United States.
Sources
- Real Trends
- U.S. News & World Report
- Real Estate Almanac
