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For the nation’s Power Brokers, there are clear indicators of an inflection point in real estate, according to RISMedia’s 31st Annual Power Broker Report, released yesterday:

2018 was a monumental year. Collectively, the Top 1,000 Power Brokers earned $1,424,776,652,825 in sales volume and garnered 3,881,412 transactions—this despite dogged inventory issues, a challenge for 49 percent of Power Brokers, and emerging headwinds, including brewing economic uncertainty, now one of the biggest challenges (25 percent); disruptors (13 percent); and increasing interest rates (8 percent). The challenges are fueling a “cautiously optimistic” perception, held by 59 percent of Power Brokers this year, a hike from 52 percent in 2018.

Still, with more than $100 billion in dollar volume over 2017, Power Brokers are flouting the odds. NRT again captured the No. 1 ranking for sales volume, at $176,431,375,000, and for the first time, HomeServices of America landed at No. 1 for transactions, closing 346,629 last year. The brand has completed several high-profile purchases in recent years, including the acquisitions of Ebby Halliday REALTORS® and The Long & Foster Companies.

The Top 30 Power Brokers by 2018 sales volume:

  1. NRT LLC
  2. HomeServices of America, Inc.
  3. Compass
  4. Douglas Elliman
  5. Howard Hanna Real Estate Services
  6. eXp World Holdings, Inc.
  7. Alain Pinel REALTORS®
  8. HomeSmart
  9. William Raveis Real Estate, Mortgage & Insurance
  10. Keller Williams Realty, GO Management Offices
  11. @properties
  12. John L. Scott Real Estate
  13. RE/MAX Gold | Olson & Associates
  14. RE/MAX Alliance | Equity Group
  15. LIV/Sierra/Summit Sotheby’s International Realty
  16. RE/MAX Results
  17. Pacific Sotheby’s International Realty
  18. Coldwell Banker Bain
  19. Baird & Warner
  20. Allen Tate Companies
  21. Crye-Leike REALTORS®
  22. Keller Williams Realty Pinnacle Partners Group
  23. Real Estate One, Inc.
  24. Keller Williams Realty Forward Management
  25. First Team Real Estate
  26. Berkshire Hathaway HomeServices Arizona/California/Nevada Properties
  27. Rodeo Realty Inc.
  28. The Keyes Company/Illustrated Properties
  29. Keller Williams Realty – The Rawls Group
  30. Keller Williams Realty – Cunningham Group

The Top 30 Power Brokers by 2018 transactions:

  1. HomeServices of America, Inc.
  2. NRT LLC
  3. Howard Hanna Real Estate Services
  4. eXp World Holdings, Inc.
  5. HomeSmart
  6. Compass
  7. Keller Williams Realty, GO Management Offices
  8. Crye-Leike REALTORS®
  9. RE/MAX Results
  10. Coldwell Banker The Real Estate Group
  11. Real Estate One, Inc.
  12. Douglas Elliman
  13. Keller Williams Realty Pinnacle Partners Group
  14. William Raveis Real Estate, Mortgage & Insurance
  15. Allen Tate Companies
  16. CENTURY 21 Affiliated
  17. West USA Realty
  18. @properties
  19. Latter & Blum Companies
  20. Baird & Warner
  21. RE/MAX Alliance | Equity Group
  22. Coldwell Banker Sea Coast Advantage
  23. Berkshire Hathaway HomeServices The Preferred Realty
  24. Keller Williams Realty The Haggard Group
  25. RE/MAX Gold | Olson & Associates
  26. John L. Scott Real Estate
  27. Watson Realty Corp.
  28. Keller Williams Realty – The Rawls Group
  29. Coldwell Banker Schmidt Family of Companies
  30. The Keyes Company/Illustrated Properties

The full ranking of the Top 500 Power Brokers by 2018 sales volume:

RISMedia’s 2019 Power Broker Report & Survey is sponsored by American Home Shield, Homes.com, HSA Home Warranty, Leading Real Estate Companies of the World® and Pillar To Post Home Inspectors. The Power Broker Survey ranks brokerages by residential sales volume and transactions in 2018. The complete ranking of the Top 1,000 will be released shortly along with an interactive online Power Broker directory.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas at sdevita@rismedia.com.

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