MADISON, N.J., March 31, 2017 /PRNewswire/ -- NRT LLC has been ranked the No. 1 residential real estate brokerage firm in the U.S. for 20 years in a row, according to the REAL Trends 500 report released today. The ranking is based on 2016 closed sales volume and closed transaction sides for the nation's top 500 brokerages. NRT led the ranking with $166 billion in sales volume and 337,780 transaction sides on a pro forma* basis.
NRT, a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), owns and operates residential brokerage offices nationwide under the brand names of Coldwell Banker®, Sotheby's International Realty®, The Corcoran Group®, ZipRealty®, and Climb Real Estate.
"This ranking is an unprecedented industry milestone that reflects the dedication and enthusiasm of the NRT management team and employees who strive to bring unparalleled value and support to the remarkable sales professionals who chose to affiliate with a brokerage office operated by NRT," said Bruce Zipf, president and CEO, NRT LLC. "It also demonstrates the proficiency and devotion these sales professionals display every day to exceed their clients' expectations."
About NRT LLC
NRT LLC is the nation's largest residential real estate brokerage firm. NRT owns and operates companies in approximately 50 of the 100 largest metropolitan areas in the United States, with approximately 790 offices and approximately 47,500 independent sales associates. NRT is a subsidiary of Realogy (NYSE: RLGY).
*This takes into consideration the estimated full-year performance of companies acquired by NRT during 2016.
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SOURCE NRT LLC