Real Estate Almanac

Top 5 Brokerages

Residential real estate brokerages are an essential element in the industry: they provide the legal mechanism for the buying and selling of homes, support agents with company structure and training and collaborate with local competitors to ensure the real estate market remains as healthy and fluid as possible. This section ranks the US’s largest brokerages – the companies who directly own and operate their offices.

T3 Top 5 Real Estate Brokerages

Residential real estate brokerages are an essential element in the industry: they provide the legal mechanism for the buying and selling of homes, support agents with company structure and training and collaborate with local competitors to ensure the real estate market remains as healthy and fluid as possible. This section ranks the US’s largest brokerages – the companies who directly own and operate their offices. 

Brokerages offer 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 who usually recognize brokerages as a corporate or umbrella brand on shopfronts, for sale signs, websites and legal contracts.

The top five brokerages for 2023 are ranked by their full-year 2022 sales volume. Sales volume is calculated against NAR’s existing home sales data. The rest of the Mega 1000 ranking will be available in late April.

2023 Rank
Brokerage Name and 2022 Details
2022 Sales Volume
1
New York City, NY
2023 Rank: 1
Sales Volume: $228.0B
Transaction Sides: 210,365
Agent Count: 28,232
2022 Rank: 1
YoY Sales Volume Change: -10.3%
Sales Volume Market Share: 5.9%
2022 Sales Volume
$228.0B
2
Madison, NJ
2023 Rank: 2
Sales Volume: $222.0B
Transaction Sides: 317,600
Agent Count: 59,800
2022 Rank: 2
YoY Sales Volume Change: -9.0%
Sales Volume Market Share: 5.7%
2022 Sales Volume
$222.0B
3
Minneapolis, MN
2023 Rank: 3
Sales Volume: $165.7B
Transaction Sides: 302,519
Agent Count: 44,560
2022 Rank: 3
YoY Sales Volume Change: -16.6%
Sales Volume Market Share: 4.3%
2022 Sales Volume
$165.7B
4
Bellingham, WA
2023 Rank: 4
Sales Volume: $159.1B
Transaction Sides: 397,138
Agent Count: 74,041
2022 Rank: 4
YoY Sales Volume Change: 20.2%
Sales Volume Market Share: 4.1%
2022 Sales Volume
$159.1B
5
New York City, NY
2023 Rank: 5
Sales Volume: $42.8B
Transaction Sides: 26,472
Agent Count: 7,335
2022 Rank: 6
YoY Sales Volume Change: -16.1%
Sales Volume Market Share: 1.1%
2022 Sales Volume
$42.8B

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