Las Vegas, NV, May 25, 2013 --(PR.com
)-- REAL Trends, a real estate research company, has published its annual REAL Trends 500 listing of the top 500 real estate companies in America. Las Vegas-based Prudential Americana Group ranked 26th in America by transactions and is listed as the 39th largest real estate brokerage in the country based on sales volume.
Prudential Real Estate’s parent company, Home Services of America, ranked 2nd in the country for both transactions and brokerage sales volume. Prudential Americana Group CEO Mark Stark was named Prudential Real Estate’s Broker of the Year in 2013 and owns the fourth largest Prudential franchise in the country.
“The REAL Trends 500 is a highly anticipated publication in real estate, as they conduct rigorous research throughout the year to determine an accurate picture of our country’s real estate industry,” said Stark. “This year’s listing really shows the power of the Prudential brand and how that directly translates to sales and higher prices our clients consistently earn for their homes.”
The 2013 REAL Trends 500 is a compilation of a nationwide study of leading residential real estate companies conducted by REAL Trends. This year's survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms.
“Las Vegas continues to be one of the most consistent real estate markets in the country and we are proud to see research that shows our real estate sales professionals earn more per home than any other real estate firm in the market,” said Stark. “This is compelling for both our executives and their clients, who can trust in the Prudential brand and everything it brings to the marketing and sales of their homes.” In a 2013 survey from the Las Vegas Business Press, Prudential Americana Group executives accounted for 72 percent of Southern Nevada’s top residential real estate professionals. Many are recognized among the Top 100 in the United States throughout Prudential Real Estate’s 80,000 professionals.
According to REAL Trends, the 500 largest residential real estate brokerage firms in the nation controlled just over 2 million residential sales transactions in 2012. The transactions represent close to 29.8 percent of all new and resale transactions completed by brokers during the year.
The 500 mega-brokers closed 2,290,269 home transactions with a value of over $624 billion during 2012.
“The recovery in housing sales was reflected in the results from the REAL Trends 500,” says REAL Trends editor Steve Murray. “There were a record number of firms that closed more than $1 billion in sales and over 1,000 units. Unit sales were up 15.3 percent overall and total sales volume was up 20.7 percent. Many of the firms that had increased unit sales accomplished this through organic growth while merger activity remained slower than in years past. We expect acquisition activity to pick up, however, in the years to come as the market consolidates.”
NRT, Inc. led the REAL Trends 500 as the largest residential brokerage company in the country. Number two on the list of the nation’s largest firms is HomeServices of America Inc., Prudential Real Estate’s parent company, headquartered in Minneapolis, MN, with 151,017 closed transaction sides. Number three on the list is The Long & Foster Companies, Inc., headquartered in Chantilly, VA, with 65,912 transactions and number four was Pittsburgh-based Hanna Holdings, Inc., with 37,986 transactions.
REAL Trends, Inc. is a research, publishing and communication company located in Denver serving the information needs of the residential real estate industry.
Americana Holdings, which includes Prudential Americana Group and Prudential Arizona Properties, is the fourth largest Prudential Real Estate franchise in the country. Combined, this award-winning company has 21 offices and nearly 2,000 real estate sales executives. It is home to some of the country’s top-selling real estate professionals and has been recognized by JD Power and Associates multiple times for its commitment to customer service.
Prudential Americana Group was ranked #26 in RIS Media’s 24th Annual Power Broker Survey of the country’s top 300 real estate companies http://remag.rismedia.com/t/14873.
In 2012 Prudential Americana Group was named a “Best Place To Work” in Southern Nevada and was included in the prestigious Inc. 5000 listing of America’s top private companies. Prudential Americana Group also houses a fully accredited real estate school with free Continuing Education classes every month.
Through its real estate brands, Prudential Real Estate has nearly 80,000 real estate professionals in more than 2,800 locations across North America. Its global footprint spans North America, the United Kingdom, France, China, Singapore, India, Brazil and Australia, and includes more than 2,500 employees worldwide.
For more information, visit www.americanagroup.com or call 702-796-7777.