T360 Ranks Worth Clark Realty as top Brokerage for Second Consecutive Year
St Louis, MO – For the second year in a row, Worth Clark Realty ranks as one of the top 1,000 largest U.S. real estate brokerages, according to T360. This ranking is based on 2021 sales volume, sale transaction sides, and agent count. WCR’s impressive rise up 94 spots from #475 in 2021 to #381 in 2022 can be attributed to their agent-focused virtual platform. They are placing an incredible emphasis on providing their agents with on-demand support, superior compensation plans, and products tailored to where an agent’s business is today – and where they envision themselves in the future.
The Brokerage Landscape
T3 Sixty, a real estate management consulting and analytics firm, has released its 2022 Mega 1000, an annual ranking of the nation’s 1,000 largest brokerages by sales volume, sale transaction sides, and agent count. The report reveals that this cohort of brokerages accounted for nearly 60 percent of the nation’s residential sales volume in 2021.
59.2 percent of the nation’s total real estate sales volume performed by the U.S.’s 1,000 largest brokerages accounted for in 2021, representing a growth of 13.4 percent in market share from the previous year (market share is determined using Mega 1000 data and existing home sales data as reported by NAR). That’s approximately double the subsequent highest year-over-year growth in the Mega 1000 market share since the report debuted in 2018 when the Mega 1000 market share stood at 44.9 percent.
Overall, the market share of the Mega 1000 rose from 52.2 percent in 2020 to 59.2 percent in 2021, reflecting growth in sales volume from $2 trillion to 2.7 trillion in one year.
The market share of transaction sides followed a similar pattern. The largest 1000 brokerages accounted for 44.2 percent of transactions in 2021, an increase from 41.2 percent in 2020.
Why Worth Clark is Growing
Worth Clark is uniquely positioned to provide support, training, company ownership, and earnings potential to real estate professionals that big-box or minimalist brokerages cannot offer. Worth Clark sets agents up for success with: customized products, on-demand broker support, 100% compensation, agent ownership, training, technology, supplemental income, and supplemental leads.
The Brief Bio
Worth Clark Realty is a full-service agent-owned real estate brokerage. We help individuals and families buy, sell, and lease real estate property. We are one of the fastest-growing real estate brokerages in the nation, having recently been ranked the 69th largest independent brokerage in the United States. Worth Clark’s company headquarters are in St. Louis, Missouri, with additional offices in Illinois, Kansas, Colorado, Florida, Georgia, Michigan, Minnesota, and Texas.
The Mega 1000, which analyzes the residential real estate industry’s most prominent brokerage companies, is the fifth section of the Real Estate Almanac, a comprehensive annual compendium on the residential real estate industry. The Almanac includes a ranking of real estate’s most powerful leaders (SP 200), a list of its largest MLSs and Realtor associations (ORE 200), a list of the largest technology companies (Tech 500), a list of the nation’s largest holding companies, franchise brands and public companies (Enterprise 20), and a list of the nation’s 1,000 largest brokerages (Mega 1000). For more, visit realestatealmanac.com.
-Sections of this blog were taken from t360’s original article, which can be found by clicking here.