Douglas Elliman Ranks #3 Nationwide in Sales Volume with only 7k Agents

 
Douglas Elliman Real Estate jumps to #3 in the annual Real Trends ranking of the Highest Performing Residential Real Estate Firms Across the United States. Douglas Elliman is now the 3rd largest residential real state brokerage in the country by sales volume, as its sales volume jumped to $26.1 Billion in 2017.

While Douglas Elliman is the #3 firm in the country, it must be recognized that it is the #1 Luxury Real Estate Brokerage in the country…Douglas Elliman sold $26.1 Billion in 2017 with only 7,089 total agents, 113 offices and 43,336 transactions! Compare theses numbers to those of the 2 huge companies, who are comprised of mostly franchise-based companies, that earned #1 & #2 in the Real Trends Ranking (noting that Douglas Elliman is a private company NOT comprised of franchises).

Based on Real Trends, NRT, a subsidiary of Realogy Holdings Corp. was ranked #1. NRT owns and operates residential brokerage offices nationwide under the brand names of Coldwell Banker, Sotheby’s International Realty, The Corcoran Group, ZipRealty and Climb Real Estate, which are included in the statistical data that Real Trends used for the rankings. Further, according to their website, in 2017 NRT operated 789 offices with 50,000 agents and collectively sold $178 Billion in total sales volume by performing 346,942 transactions.

Additionally, Home Services of America, A Berkshire Hathaway Affiliate, was ranked #2. Homes Services of America is a company comprised of all of the Berkshire Hathaway Companies, EWM, Christie’s International Real Estate and Long & Foster Real Estate. Collectively, Home Services of America is comprised of 843 offices with 41,000 agents who sold $127 Billion in total sales volume in 2017 by performing 330,961 transactions.

Now, let’s break down the numbers…

2017 Top Residential Real Estate Firms in the United States, According to Real Trends

Douglas Elliman is the #1 Luxury Real Estate Brokerage

• Douglas Elliman is #1 per agent sales volume with $3.682 Million per agent, versus NRT’s $3.56 Million and Home Services of America’s $3.10 Million per agent.
• Douglas Elliman had the least amount of transactions per agent, averaging 6.11 transactions per agent, while NRT averaged 6.94 and Home Services of America averaged 8.07.
• Douglas Elliman is #1 in highest per transaction total by averaging $602k per transaction while NRT averaged $513k per transaction and Home Services of America only averaged $384k per transaction.
• Last, but definitely not least…Douglas Elliman’s average per transaction is 17.3% higher than NRT and 56.8% higher than Home Services of America.

For a full list of Douglas Elliman’s accomplishments in 2017, check out the 2017 Year in Review infographic below!

Douglas Elliman 2017 Year in Review Infographic

Disclaimer: The statistical information regarding NRT and Home Services of America was obtained from each of their respective websites. This information is for informative purposes only and should not be relied upon.