RealTrends 500 releases its annual ranking of the top real estate brokerages in the country
SCOTTSDALE, Ariz. — March 31, 2021 — HomeSmart is excited to announce they have earned a top 10 spot on the 2021 RealTrends 500 for the fifth year in a row, making it one of the 500 largest residential real estate brokerages in the nation.
Even with all the unprecedented challenges in last year’s economy, HomeSmart ranked No. 7 on the REAL Trends 500 with 40,809 residential transaction sides closed last year and No. 10 for closed sales volume at $15,817,842,829.
“It’s an incredible endorsement of all our hard work and business execution to once again be named a top 10 brokerage in the RealTrends 500,” said HomeSmart International President Ashley Bowers. “With our recent acquisition of PalmerHouse Properties and continued growth, 2021 is shaping up to be just as successful.”
HomeSmart continues to make waves in the greater real estate industry and last year was no exception. Recently, HomeSmart crossed the 22,000-agent threshold, welcoming new agents across the country into its 100-percent-commission model, industry-leading innovative technology, superior support and hands-on resources that encourage ongoing development.
“I am really proud of how the HomeSmart team executed in what was without a doubt the most challenging year on record,” said Matt Widdows, HomeSmart’s founder and CEO. “Our technology and leadership enabled us to stay ahead of the pandemic and drive strong results rather than have to react and pivot because of it.”
Last year, nineteen HomeSmart International brokerages ranked on the RealTrends report. This year was a major jump over that for the HomeSmart brand, with a total of 23 brokerages earning recognition.
The 23 HomeSmart franchises included are:
HomeSmart also went on to break the top 10 list for the Billionaires’ Club, which features the top brokerage firms in the United States that closed at least $1 billion worth of real estate in 2020, while also landing at No. 4 in the Top Movers Transactions list. And PalmHouse Properties—now owned by HomeSmart—cracked the top 25 Independent Brokerages list, enhancing its profile in the industry as a quickly rising independent brokerage.
The 2020 RealTrends 500 is an independently verified compilation of the nation’s leading residential real estate companies. RealTrends, the trusted source for news and research about the real estate brokerage industry, has been ranking brokerages for more than 32 years and is the most-trusted brokerage ranking report in the industry.
The RealTrends 500 also ranks the top affiliated firms, largest independents, top movers by count and percent, the Billionaires’ Club, Up-and-Comers (firms that did not qualify for the 500 yet still closed 500 or more sides for the year), and other categories.
To learn more about HomeSmart’s brokerage model and find out how you can join, visit https://homesmart.com/join-us/.
About HomeSmart International
Founded in 2000, HomeSmart is ranked in the top 10 real estate brokerages in the United States and the number one brokerage firm in the Phoenix market and in Colorado. From its international franchising headquarters based in Scottsdale, HomeSmart International offers franchisees efficiency and innovation coupled with the systems and technologies necessary to succeed in today’s evolving real estate industry. Today, the brand has more than 22,000 agents across 38 states. For more information on HomeSmart International, visit https://www.homesmart.com. Follow HomeSmart International on Facebook at www.facebook.com/homesmartfranchise and on Twitter and Instagram @HomeSmartIntl.