Realogy Subsidiary NRT Ranked No. 1 Residential Real Estate Brokerage Company for 16th Consecutive Year
May 02, 2013 06:00 ET
Realogy Subsidiary NRT Ranked No. 1 Residential Real Estate Brokerage Company for 16th Consecutive Year
MADISON, NJ--(Marketwired - May 2, 2013) - For the 16th consecutive year, [ NRT LLC ] was ranked as the nation's No. 1 residential real estate brokerage company in the annual [ REALTrends 500 ] report in both categories -- closed sales volume and closed transaction sides. In 2012, NRT's sales volume of $128.7 billion on a pro forma basis was approximately three times higher than the next company on the list. NRT also closed more transactions than any other company, with 289,614 transaction sides.
"We are proud of NRT's leading position on this prestigious industry ranking," said Bruce Zipf, president and CEO, NRT LLC. "Today's home buyers and sellers seek higher levels of expert knowledge and service, and this recognition is further validation on top of the feedback that we receive that our agents go the extra mile for their customers and clients."
The REAL Trends 500 is an annual research report that identifies the country's largest and most successful residential firms as ranked by closed transaction sides and separately by closed sales volume. REAL Trends, Inc. is a leading source of analysis and information on the residential brokerage and housing industry.
NRT owns and operates approximately 710 offices and has 41,200 sales associates in 35 major metropolitan areas. NRT, its affiliated companies, marketing partners or joint ventures also provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to customers and clients of NRT's family of companies.
A subsidiary of [ Realogy Holdings Corp. ] (