Pulling in top rankings for the year, Rodeo Realty continues to emerge as a top producer in real estate.
BEVERLY HILLS, Calif. (April 24, 2019)- This week REAL Trends released their highly anticipated “The 500 Residential Real Estate” list for 2018. Rodeo Realty held it’s place in some of the top rankings with the #17 spot for Average Sales Price and the #27 spot in both the Billionaires’ Club and the largest brokerages by volume.
Aptly titled “The 500”, the list is comprised of the leaders in residential real estate across the United States. The accolades are a true accomplishment during what was considered one of the tougher real estate quarters heading into the new year. With a total sales volume of $4,908,093,531 in 2018, Rodeo Realty showcased an impressive year-end average out of thousands of other competing brokerages.
“A record 1,757 firms qualified this year. The results-turned in by the firms on this year’s REAL Trends 500-showed that the nation’s leading realty firms outperformed the market, proving that size and leadership do matter.”
Rodeo Realty has received numerous awards through the years as a leader in residential real estate for Southern California. Being the largest single owned brokerage, company President and CEO Syd Leibovitch takes pride in each accolade received.
The REAL Trends 500, now in its 32nd year, remains the undisputed leader in ranking the performance of residential real estate firms. Due to the requirement of independent verification, the REAL Trends 500 is the trusted source for information about the performance of these firms.
These transactions represent over one-third of all new and resale transactions completed by brokers during the year. The 500-ranked brokers closed nearly 3.3 million home transactions with a value of nearly $1.2 trillion during 2018, up from $1.1 trillion in the calendar year 2017.
The 500 top firms by sides and volume will be published in REAL Trends’ acclaimed magazine. The magazine will also rank the Top Affiliated Firms, the Largest Independents, the Top Movers by Count and Percent, the Billionaires’ Club, the Up-and-Comers (firms that did not qualify for the 500 yet still closed 500 or more sides for the year), and other categories based on their analysis.
This year’s survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms and/or MLS reports.
“For several years, the REAL Trends 500 has gained market share,” says Steve Murray, president of REAL Trends. “In 2019, the REAL Trends 500 did it again—up 2.7 percent in 2018 against a national existing home sales factor which was down 3 to 4 percent. ”
About Real Trends:
REAL Trends has been The Trusted Source of news, analysis, and information on the residential brokerage industry since 1987. We are a privately-held publishing, consulting and communications company based in Castle Rock, Colorado. Residential real estate leaders look to us for timely and trusted information and analysis through our monthly newsletter, news updates, conferences and publications. In addition to creating research studies, we are a leading provider of high-level business, technology and digital marketing consulting services to the residential real estate industry. We provide a wide range of advisory services to a clientele of local, regional, national and global real estate organizations. Our areas of expertise include operational analysis, valuations, mergers and acquisition advisory services, compensation analysis, consumer and business research, strategic planning and technology and digital marketing consulting services.
About Rodeo Realty:
Rodeo Realty is a residential real estate firm that has more than 1,200 licensed agents and brokers and 12 offices throughout Los Angeles and Ventura counties.
Rodeo Realty services various markets in Southern California, including luxury real estate markets. The company’s celebrity and other multi-million dollar listings are regularly featured in the news through several television networks, online sites and publications.
Operated under the direction and vision of a single owner, Rodeo Realty stands today as one of the largest independent real estate companies in the nation, while still maintaining the friendly approach of the neighborhood REALTOR®. As the largest independent real estate brokerage headquartered in Beverly Hills and operating throughout the Los Angeles area, with the highest sales volume, Rodeo Realty has the resources to provide the best tools in the industry to deliver the very best results.
For media inquiries, please contact:
Samira Murphy
Public Relations- Rodeo Realty
(310)471-2600 ext. 145
mediarelations@rodeore.com