DENVER, June 23, 2017 /PRNewswire/ -- RE/MAX, the world's most productive real estate network*, had more agents among the top closers of transaction sides than any other brand in the 12th Annual REAL Trends "The Thousand," released this morning.
"We look forward to the release of 'The Thousand' survey every year as it's another opportunity for our agents to shine," said Adam Contos, Co-CEO of RE/MAX. "We know our associates at large brokerages average more sales than other real estate agents and this survey proves it. It's also why the RE/MAX brand continues to grow around the world. Our network of experienced, full-time professional agents just don't quit."
Among the 508 individual agents and agent teams closing the most residential transaction sides in this year's "The Thousand," nearly 25 percent (112) are RE/MAX agents. In the category for transaction sides sold by individuals, each of the 58 qualifying RE/MAX agents sold at least 10 times as many homes as the agent median of 12**, as reported by the National Association of Realtors®. Ten RE/MAX agents finished in the top 50, led by #6 John Swartz of RE/MAX Connection in Turnersville, New Jersey, with 405 transaction sides.
Other notable recognitions of RE/MAX agents and teams in the 2017 "The Thousand:"
- Of the 54 RE/MAX teams ranked for transaction sides, 12 finished in the top 50, led by #4 Ryan O'Neill's Minnesota Real Estate Team with RE/MAX Advantage in Lakeville, Minnesota (1,583 sides).
- Regarding sales volume, the 24 ranked RE/MAX teams were led by Ronnie and Kathy Matthews of the Matthews Team of RE/MAX Legends in Spring, Texas. It placed 15th with $408.3 million.
- Ten RE/MAX individual agents placed for sales volume, led by #94 William Ruane of RE/MAX Estate Properties in El Segundo, California, with $108.1 million.
Advertised in The Wall Street Journal, the annual REAL Trends "The Thousand" ranks participating U.S. agents based on their 2016 residential production. The list is comprised of six categories: 250 teams ranked by largest sales volume, 250 teams ranked by most residential transaction sides, 50 teams ranked by average price, 250 individuals ranked by largest sales volume, 250 individuals ranked by most residential transaction sides and 50 individuals ranked by average price.
Other national surveys have demonstrated the high productivity of RE/MAX agents. RE/MAX recently announced that its agents outperformed agents with other real estate brands in the 2017 REAL Trends 500 survey. Associates affiliated with the RE/MAX network regularly average double the number of transaction sides per agent when compared with competitors in the annual survey of large brokerages. RE/MAX associates included in the 2017 survey on average outsold competing agents with a ratio of more than two to one and averaged 17.2 transaction sides while agents with competitors averaged 7.8.
With a presence in over 100 countries and territories, the RE/MAX network's global footprint is unmatched by any other real estate brand. The franchisor's total agent count grew 6.8 percent in 2016. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides, and more than 110,000 agents worldwide are a part of the RE/MAX network.
About the RE/MAX Network
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 110,000 agents provide RE/MAX a global reach of more than 100 countries and territories. Nobody sells more real estate than RE/MAX when measured by residential transaction sides. RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, is a wholly-owned subsidiary of RMCO, LLC, which is controlled and managed by RE/MAX Holdings, Inc. (NYSE: RMAX). With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $157 million for Children's Miracle Network Hospitals® and other charities. For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit www.remax.com/newsroom.
*When measured by residential transaction sides
**The 2017 NAR Member Profile reports that the median number of transaction sides for residential specialists in 2016 was 12.
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SOURCE RE/MAX, LLC