2025 Mega 1000: The Definitive Ranking of the US's Largest Brokerages
The Mega 1000 is the most comprehensive ranking of the US’s largest residential real estate brokerages. Published annually by T3 Sixty, this ranking on based on US residential sales volume, transaction sides, and agent count – providing the industry’s most comprehensive and complete snapshot of brokerage performance.
Whether a brokerage leader seeking to benchmark performance, an investor evaluating potential opportunities, or an executive analyzing market dynamics, the Mega 1000 delivers critical intelligence. The ranking serves as both a leaderboard of achievement and a tool for strategic insight.
Discover which companies are driving change, how market share is evolving, and where opportunities lie within the nation’s largest brokerages. Dive into the Mega 1000 and unlock the insights that matter most.
Compass Consolidates Lead in 2025
The brokerage industry is undergoing significant change right now, driven by consolidations. Compass epitomizes this trend; already the US’s largest brokerage by sales volume, it made three large acquisitions over the past year — At World Properties, Parks | Pinkerton | Village Real Estate and Latter + Blum (all three of whom ranked on the top 100 of the 2024 Mega 1000) — to enter a new echelon of leadership. It expanded its sales volume lead over No. 2 Anywhere Advisors from 4.7% in 2024 to 23.7% in 2025.
The consolidation is not just happening related to acquisitions but also with market share. Compass US sales volume market share grew to 7.0% in 2024, an increase of over 20% from 2023.
Market Growth a Marker of Success
The story is not just about Compass, of course. Every top segment of the Mega 1000 — the top 3, top 5, top 10, top 20 and top 100 — grew US sales volume market share in 2024 from the year before. Market share is determined by comparing Mega 1000 data with existing home sales data from the National Association of Realtors.
This growth was fueled by the steady performance of the industry’s largest brokerages – Compass (No. 1), Anywhere Advisors (No. 2), eXp Realty (No. 3) and HomeServices of America (No. 4) – and by the rapid growth of relatively younger firms. These upstarts include The Real Brokerage (No. 5, founded in 2014), which doubled its US sales volume from 2023 to 2024, United Real Estate (No. 11), which grew US sales volume by 20.9%, and LPT Realty (No. 16), which nearly tripled sales volume over the last year.
Brokerage Classification
Brokerages provide administrative, operational, marketing, technology, legal and branding and training services to real estate agents who hang their license with them. Agents typically interact directly with consumers to buy and sell homes. Consumers usually recognize brokerages as a corporate or umbrella brand on shopfronts, For Sale signs, websites and legal contracts.
For the Mega 1000’s purposes, a brokerage company’s numbers include subsidiaries in which the larger company owns a controlling stake. For example, Compass acquired At World properties and its large brokerage subsidiary @properties in early 2025. The 2024 production of @properties is included in Compass’s 2025 Mega 1000 numbers. Some brokerages operate under numerous brands, such as HomeServices of America, which owns and operates large local broker brands Edina Realty, Long and Foster Real Estate and Ebby Halliday Realtors.
Brokerages may or may not be affiliated with a franchise brand. Examples of large franchise brands include Re/Max, Keller Williams Realty and Coldwell Banker. Brokerages not affiliated with franchises are often referred to as independents.
Approximately 80 percent of the brokerages in the Mega 1000 are affiliated with a franchise brand and 20 percent are independent. This is not indicative of the overall industry since franchise brands often focus on obtaining or building larger brokerages and providing services that support further growth. Some brokerages, particularly the larger independents hold membership in, or are affiliated with, a real estate network such as The Realty Alliance, Leading Real Estate Companies of the World or Christie’s International Real Estate.
Methodology
Gathering and analyzing brokerage company data in the Mega 1000 is a rigorous, multistep process. It starts by sending requests for information to the nation’s largest brokerages. T3 Sixty researches approximately 2,500 real estate brokerages, all real estate franchisors, all real estate enterprises and a selection of large real estate networks.
All told, T3 Sixty annually collects and analyzes over 12,000 data points to develop the Mega 1000. After examining the data, running algorithms to identify outliers, and testing the gathered information against T3 Sixty parameters and benchmarks, the list is built. This is a huge undertaking; T3 Sixty strives to verify data before using it to sort and rank brokerages to ensure that rankings are as comprehensive as possible, as every company not included undermines the integrity of the rankings below that entry.
It is nearly impossible to identify every brokerage that should be included; that said, T3 Sixty has worked persistently to include everyone it is aware of by diligently reaching out to franchisors, networks, organized real estate organizations, all available lists, the media and so on to find as many as possible. If T3 Sixty inadvertently missed a brokerage, please send an email to research@t360.com and that information will be included in the next research cycle.
Note: T3 received requests from some companies to not publish their data and has decided to honor that request. In those instances, the company either supplied their data for internal use only or T3 applied a detailed methodology to develop an estimate. For the companies that would rank on the Mega 1000, T3 skips over the relevant row and ranking where the company would have placed.
View a list of brokerages excluded from display on the 2025 Mega 1000.