Residential Properties Ltd., Rhode Island’s leading real estate company, has been announced as a member of the 2018 REAL Trends 500 – an independently verified list of the top 500 most successful real estate companies in the entire nation. This marks the sixth year in a row that RPL has earned a spot on this prestigious rankings list.
During 2017, RPL ranked #1 in Rhode Island for a third consecutive year in both homes sold (1,852) and overall sales volume ($794,854,526) in the Providence Business News Book of Lists – compiling over $300,000,000 more in sales than the next closest competitor for a second straight year.
With this level of production, Residential Properties Ltd. appeared on the 2018 REAL Trends 500 ranked #347 in the entire country for overall sales volume.
According to a research report produced by REAL Trends, this group of the nation’s 500 largest residential real estate brokerage firms closed over 3.2 million residential sales transactions in 2017. These transactions represent approximately one-third of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500 represented less than one-half of one percent of all brokerage firms.
REAL Trends has been recognized as the trusted source of news, analysis, and information on the residential brokerage industry since 1987. This year’s survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry, and all numbers were documented by outside accounting firms.
For more information on the REAL Trends 500, visit the company’s website at RealTrends.com.