Coldwell Banker Residential Brokerage, the Bay Area’s leading real estate services company, announced today that its parent company, NRT LLC, was again ranked the No. 1 residential real estate brokerage firm in the United States in REALTOR Magazine’s annual Top 100 Companies ranking.
NRT was easily ranked as the top real estate company in the nation by the magazine of the National Association of Realtors, with more than 274,000 transactions last year, as well as more than $107 billion in sales volume by its real estate professionals.
Over the past year, Coldwell Banker Residential Brokerage’s parent company has also received top honors from REAL Trends, a leading provider of trends and research for the residential real estate service industry, and RISMedia, the real estate industry trade publication.
With 58 offices and more than 3,300 sales professionals serving Northern California from the Monterey Peninsula to Lake Tahoe, Coldwell Banker Residential Brokerage is also the largest real estate brokerage in the local region.
“Being ranked as the No. 1 firm in the nation is quite an honor, and speaks volumes about not only the strength of our company but the talent and professionalism of our real estate agents,” said Rick Turley, president of Coldwell Banker Residential Brokerage. “Although the past couple of years have indeed been challenging for the industry, home buyers and sellers continued to seek out our sales professionals because of their experience and commitment of excellence.”
In its report, REALTOR magazine remarked that “the ability to adapt and find opportunities during difficult times is what sets apart the top-performing real estate companies from those that are simply trying to hang on until the economy rebounds.”
The publication went on to say that “the smartest real estate companies are being more selective in their recruiting, growing through careful acquisitions, aggressively developing and marketing their ancillary services, and increasing agent productivity by providing outcome-based learning opportunities.”
The article can be found at http://www.realtor.org/RMODaily.nsf/files/2010Top100.pdf/$FILE/2010Top100.pdf
The full ranking can be found at http://www.realtor.org/RMODaily.nsf/files/2010Top100.pdf/$FILE/2010Top100.pdf