For Immediate Release: Mega 1000 Report Ranks Nation’s Top Brokerages
This 2021 Mega 1000 report presents the nation’s 1000 largest brokerages by 2020 sales volume and the 100 largest brokerages by 2020 transaction sides and agent count. This #475 ranking showcases Worth Clark’s exceptional performance as a top performer among the most innovative, successful brokerages in the country
The Brokerage Landscape
The brokerage landscape is undergoing a period of rapid change. The influx of vast amounts of capital combined with maturing technology is restructuring the way homes are bought and sold and how real estate brokerages operate. Many companies founded in the last 10 to 15 years have grown rapidly and are realizing disproportionate market share growth.
The Mega 1000 also clearly shows that the industry’s largest brokerages are increasingly capturing more of the US sales volume and transaction side market share. The share of existing-home sales volume and transaction sides were done by the nation’s 1,000 largest brokerages have jumped from 2017 to 2020 by 16.2 percent and 24.6 percent, respectively. Larger brokerages captured even more market share.
In 2020, the top 1,000 brokerages handled over half (52.2 percent) of total sales volume done by all the nation’s estimated 86,000 brokerages. In addition, the top 1,000 do over two in five (41.2 percent) of the nation’s transaction sides.
Why Worth Clark is Different
Worth Clark is uniquely positioned to provide a combination of assets, support, training, agent ownership, and earning potential to real estate professionals that big-box or minimalist brokerages simply cannot offer. Worth Clark sets agents up for success with: 7-day broker support, 100% compensation, agent ownership, training, upgraded technology, supplemental income options, and real leads.
The Brief Bio
Worth Clark Realty is a full-service agent-owned real estate brokerage. We help individuals and families with buying, selling, and leasing real estate property. We are one of the fastest-growing real estate brokerages in the nation, having been named to Inc. Magazines’ list of fastest-growing companies five years in a row. Worth Clark’s company headquarters are located in Chesterfield, Missouri, with additional offices in Illinois, Kansas, Colorado, and Texas.
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 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 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 parameters and benchmarks, the list is built. This is a huge undertaking; T3 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 destroys 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.
-Sections of this blog were taken from t360’s original article which can be found by clicking here.