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RISMedia‘s 31st Annual Power Broker Report: HomeServices Now No. 1 in Transactions |
By Suzanne De Vita |
For the nation's Power Brokers, there are clear indicators of an inflection point in real estate, according to RISMedia's 31st Annual Power Broker Report, released yesterday. 2018 was a monumental year. Collectively, the Top 1,000 Power Brokers earned $1,424,776,652,825 in sales volume and garnered 3,881,412 transactions—this despite dogged inventory issues, a challenge for 49 percent of Power Brokers, and emerging headwinds, including brewing economic uncertainty, now one of the biggest challenges (25 percent); disruptors (13 percent); and increasing interest rates (8 percent). The challenges are fueling a “cautiously optimistic” perception, held by 59 percent of Power ...
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