For this week’s By The Numbers, LeapRE looked at the market transaction percentages for two emerging brokerages, @properties and Redfin.
As a brokerage, Redfin has had impressive growth since 2009 – its total transactions have grown to almost 250 percent. However, when compared to @properties, which has participated in transactions worth 14 percent of total transaction volume, Redfin remains a small market presence, participating in transactions worth 1 percent of total transaction volume. These statistics apply to non-commercial, non-land listings that were for sale starting January 1, 2009.
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