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Annual Ranking of America’s Top Brokerage Firms Reveals Significant Growth |
By Suzanne De Vita |
For the Power Brokers ranked in RISMedia's 30th Anniversary edition of the Power Broker Survey, 2017 was a boom year. Combined, Power Brokers garnered a massive $1,310,347,624,217 in sales volume—a more than $146 billion increase from 2016—and 3,795,411 transactions. The figures are a manifestation of the real estate reality today. Close to three-quarters (71 percent) of Power Brokers are being challenged most by the inventory shortage, and despite the additional $146 billion-plus in sales volume last year, there was a considerably lower rise in transactions—just approximately 140,000 more from 2016. The imbalance is indicative of a market in which insufficient inventory ...
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