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Mid-Year Brokerage Check In: Who’s in the Top 10?

by Chicago Agent

According to LeapRE, the top 10 brokerages in terms of business volume haven’t seen very many changes from 2010 to 2011 – but there have been a few shake-ups that occurred during the first six months of 2011. Koenig & Strey and Prudential Rubloff have switched places, with Prudential Rubloff taking the fourth spot within the top 10 brokerages this year based on business volume, and Koenig & Strey falling behind to the fifth spot. In addition, RE/MAX Naperville edged out Prudential Starck, Realtors, rounding out 2011’s top 10 brokerage list.

Even though not every brokerage can be within the top 10, offices can make significant leaps among rankings. For instance, The Hudson Company catapulted from a ranking of 48th in 2010 to 14 this year – a difference of 34. The other brokerage with a bigger jump than that was Ryan Hill Realty, LLC., which increased 35 spaces from 83 to 48.

 

 

 

 

 

 

 

 

 

 

 

Leap Real Estate Systems is the leading provider of online solutions for Chicagoland’s progressive agents. With over 20 years of software development experience and a keen understanding of the real estate industry through analytics, our mission is to create innovative products that improve seller communication and encourage data-driven decision making. For more information on our company and services, visit www.LeapRE.com.

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Comments

  • John Brennan says:

    Good morning,

    Your article is wrong. You state that RE/MAX of Naperville has fallen out of the Top 10 Brokerages, but your 2011 table shows the opposite. Furthermore, the real problem is that your numbers are NOT accurate. They are actually way off. Please contact me ASAP.

    John Brennan
    Broker/Owner RE/MAX of Naperville

  • Thanks for catching that for us. I just reached out to you to clarify.

    The copy of the above did incorrectly explain the data on the page with saying that RE/max fell of the list instead of gaining the spot to get on the top 10. I am working with the writing team at Chicago Agent to correct this ASAP.

    Also there should be some clarification in the actual data pulled on transaction volume. Here are the parameters:
    1. Listings in the MLS with close dates from 1/1/2011-06/30/2011.
    2. Residential sales (excluding land and commercial).

    Both of these filters would have decreased the business volume stats, but they would have done so across all brokerages on the list.

  • We’ve corrected the copy to give RE/MAX of Naperville credit for their forward strides.

    Also my comment should clarify the parameters. It looks like your brokerage has had a productive last couple of months!

    Thanks again and please do give us a ring.

  • John Brennan says:

    I see you made 1 correction, but your numbers are still completely off. Here is the top 10 brokerage list for first half of 2011 – these figures are straight from the MLS as supplied by AgentMetrics, fitting the criteria that you used…

    1) Coldwell Banker Residential $2,342,455,941
    2) Baird & Warner $1,040,432,733
    3) @properties $955,737,150
    4) Prudential Rubloff $800,689,316
    5) Koenig & Strey Real Living $797,210,826
    6) RE/MAX Suburban $259,352,586
    7) Coldwell Banker Honig-Bell $252,904,823
    8) Jameson Sotheby’s International Realty $216,733,610
    9) Dream Town Realty $177,159,056
    10) RE/MAX of Naperville $165,177,449
    11) Prudential Stark $120,821,805

    Also, it doesn’t look like we just “edged” out the #11 spot — we did 30% more volume than they did. Not only were your 2011 numbers off, but your 2010 numbers were also off – we were in the top 10, and you didn’t list us, again. This is quite an accomplishment for our agents considering that our 119 agents are being measured against entire companies like Coldwell Banker Residential with over 3000 agents, Baird & Warner with over 1800, and @properties with over 1,000.

    Additionally, your “biggest rank change table” is also way off. Ryan Hill numbers are very inaccurate — the numbers show them as moving 12 spots, not 35 spots!

    Sincerely,

    John Brennan
    Broker/Owner RE/MAX of Naperville

  • Hi John,

    Our numbers are pulled from the directly from the MLS as well. I am not sure where the difference between our two data sets lies. I’d have to know a bit more about the methods used for summing and filtering the data. Could you call or email me so we can compare notes on our data retrieval methods?

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