Realty Executives International has announced that it has once again been named to Entrepreneur Magazine’s Franchise 500® list for 2013. The company ranked at number 276 worldwide for 2013 amongst heavyweight franchise peers in dozens of industries. The prestigious ranking comes on the heels of a productive franchise sales year with Realty Executives closing 75 franchise sales deals year-to-date in 2012. Only eight real estate companies were included in the 2013 ranking and Realty Executives ranked higher than five of those including ERA, Keller-Williams and Better Homes & Gardens.
“We are thrilled to be recognized in this prestigious report for the 2013 year and look forward to continuing to improve our rankings in coming years,” says Realty Executives International Owner & CEO Rich Rector. “Our team has worked hard to come out ahead after some of the most difficult years in real estate and our franchise sales and growth numbers in 2012 are indicative of the expertise we have and the value our company offers.”
The ranking is compiled annually by Entrepreneur Magazine and lists franchises in a variety of industries based on specific criteria including company objectives, financial strength and stability, growth rate and size of the franchise system and length of time franchising among other factors. More than 2,500 different franchises were considered but the 500 franchises with the highest cumulative scores were ranked in order on the general listing. This is the 20th time Realty Executives International has been named to the Entrepreneur Magazine Franchise 500® list since the firm started its franchising operation in 1973.
Helping the company achieve this feat were the 75 franchise sales deals which have been completed year-to-date. Those included three international deals, 16 start-up offices and 22 conversions of existing brokerages, among other deal types. July 2012 posted the largest franchise sales numbers with 11 deals in that month alone.
“Over the last couple of years we have been ramping up our franchise sales efforts in North America and internationally and I am excited to see the results of that hard work coming to fruition both with our franchise sales numbers this year and in the Entrepreneur Magazine Franchise 500® ranking,” says Bryan Brooks, senior vice president of franchise development.
For more information, visit www.RealtyExecutives.com.