Prepared by Darryl Mitchell, Managing Broker, RE/MAX Professionals Inc. Brokerage
Congratulations to RE/MAX Professionals Inc. and their staff for ranking in the Top 20 Largest Brokerages in Canada for Closed Sales Volume in 2009. This prestigious ranking was published this month in REAL TRENDS magazine.
Not often do real estate companies get rated by independent sources, but REAL TRENDS magazine did just that in its most recent addition. REAL TRENDS, a well known American publication that publishes current news and views on real estate in the United States, crossed the Northern border for the first time as it estimated the relative success of Canada’s Top 200 Real Estate Brokerages.
REAL TRENDS U.S. numbers have been distributed for years. This year’s publication which rated the Brokerages across Canada by number of transactions and closed dollar sales volume is a first. This is the first time that an independent group has published a recognizable and coordinated resource for real estate companies and the public at large to compare which real estate brokerages are leaders in their distinctive communities.
In a separate twist, this report which also states the number of offices and agents registered to each company, allows the companies and Brands to be compared by effectiveness. From the 20 top sales dollar value companies, for instance, 12 or 60% are from RE/MAX, 5 or 25% are from Royal LePage, two are independents, and one is from Prudential Real Estate. This should not be too surprising as the overall national market share follows a similar trend with RE/MAX the dominant leader with over 35% National Market Share.
For RE/MAX PROFESSIONALS INC. the statistics show a remarkable story of success. Not only is RE/MAX Professionals 20th of the list of 200, but it achieved this with 270 agents in 3 offices far lower than many of the competitive companies in its area. As for the ranking by units sold in 2009, RE/MAX Professionals placed 37th of the 200 companies surveyed across Canada.
On a more local note, RE/MAX Professionals ranked 7th of the Greater Toronto Area participants and was one of five RE/MAX sister brokerages in the Top 20 by Closed Dollar Volume. Two Royal LePage brokerages also made this prestigious list of seven GTA companies. Again, overall market share in the GTA region supports this trend as RE/MAX hold the number one market share in all the GTA communities from plus 31% in Toronto to plus 35% in Mississauga.
Congratulations to all of the successful real estate brokerages and their dedicated Realtors!
Darryl - Thank you for participating in the survey and congratulations to you and your entire staff on your performance - you have a lot to be proud of. We plan on continuing the Canadian survey annually and can not thank companies like yours enough for voluntarily sending in your information for our first issue.
ReplyDeleteTo your continued success,
Nicolai Kolding
REAL Trends