RISMedia, recognized as one of the real estate industry’s definitive sources for news and information, recently released the results of its 31st Annual Power Broker Report Top 500, ranking Residential Properties Ltd. among the top producing real estate companies in the entire country. RPL is the only real estate company based solely in Rhode Island to appear on the Top 500 list, coming it at #332 in the nation with $858,982,295 in total sales volume during 2018.
For the fourth consecutive year, Residential Properties Ltd. led all firms in overall Rhode Island sales transactions during 2018, as well as total sales volume – finishing over $300,000,000 ahead of the next closest competitor.[¹]
The results of the report reveal that the Top 1,000 Power Brokers earned $1,424,776,652,825 in sales volume and garnered a total of 3,881,412 transactions during 2018. However, this success did not come without its challenges. Among the top issues reported were a lack of inventory (49 percent of Power Brokers), brewing economic uncertainty (25 percent), industry disruptors (13 percent), and increasing interest rates (8 percent). Despite these challenges, companies mostly reported feeling “cautiously optimistic” about 2019, a perception held by 59 percent of Power Brokers this year, compared to 52 percent during 2018.
The RISMedia Power Broker Report is packed with interactive research charts, year-over-year data, and detailed Power Broker Profiles. Visitors can also utilize the innovative, dynamic directory to search the Top 1,000 Power Brokers by sales volume, company name, brand, and transaction rank. Each Power Broker Profile includes their 2018 sales volume and transactions, as well as comparisons to past years, their ranked status, their agent count and number of offices, and other important information.
To learn more about the RISMedia Power Broker Report and view the complete rankings, please CLICK HERE.
[¹] This statement is based in whole or in part on data supplied by the State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from Statewide Multiple Listing Service, Inc. as of May 2019.
Residential Properties Ltd. (RPL) is delighted to announce that Janet Kermes has joined our Narragansett Office. A proud South County resident for over 23 years, Janet has been the number one sales agent in the Narragansett real estate market in both 2017 and 2018. [¹]
Janet is confident that joining Residential Properties Ltd. will allow her to build on an already long, successful, and distinguished track record that includes participating in Narragansett’s highest sale to date. [²]
“I truly believe that Residential Properties will give me the support and resources I need to serve my clients and build on what I’ve already been able to achieve,” says Janet. “I have been the top ranked agent in the Narragansett market for the past two years, and I believe with the support of Residential Properties and their professional corporate team, I’ll be able to thrive and be even more productive.”
Janet’s short term aspirations are to continue providing excellent personalized service to her clients. Long term, she is excited to show South County residents what Residential Properties Ltd. can do for buyers and sellers. RPL’s dedication to its agents and clients have helped the company grow to become the top selling agency in Rhode Island.
“Residential Properties has a strong presence in the northern part of the state and continues to showcase why it is a great company with a great reputation and I look forward to increasing its brand awareness throughout South County.”
Her love for South County continues to grow, especially for its people and its coastal beauty. Janet enjoys sharing her extensive local knowledge of southern Rhode Island with her clients and colleagues.
To find out more about Janet, her listings, and how to contact her, please visit her bio page.
  This statement is based in whole or in part on data supplied by the State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from Statewide Multiple Listing Service, Inc. as of March 2019.
During this time of giving thanks, Residential Properties Ltd wants to extend our gratitude to all of the wonderful organizations whose efforts have helped to improve the community and enriched the lives of our fellow Rhode Islanders. The Tuesday after Thanksgiving is #GivingTuesday and the perfect opportunity to give back. This year Residential Properties Ltd supported many wonderful organizations and their continuing missions. Please consider giving back to your fellow Rhode Islanders in need by supporting these, and any other, non-profits who help to enhance the lives of others:
BARRINGTON BUSINESS ASSOCIATES
BARRINGTON EDUCATION FOUNDATION
BARRINGTON LITTLE LEAGUE
BLACKSTONE PARKS CONSERVANCY
COMMUNITY MUSIC WORKS
EAST GREENWICH CHAMBER OF COMMERCE
EAST GREENWICH EDUCATION
EAST GREENWICH TRACK CLUB
EDGEWOOD GIRLS BASKETBALL
GIRLS ON THE RUN
GOOD NEIGHBORS INC
HAMPDEN MEADOWS SCHOOL
HIGHLANDER CHARTER SCHOOL
HOPE HOSPICE AND PALLIATIVE CARE
MILE OF HISTORY ASSOCIATES
NARRAGANSETT CHAMBER OF COMMERCE
NAYATT SCHOOL PTO
ONE NEIGHBORHOOD BUILDERS
PRIMROSE HILL SCHOOL
PROVIDENCE CHILDREN’S FILM FESTIVAL
PROVIDENCE COMMUNITY LIBRARY
PROVIDENCE PRESERVATION SOCIETY WINTER BASH
R.I. COUNCIL FOR THE HUMANITIES
R.I. COMMUNITY FOOD BANK
SHRI SERVICES CORP
SOUTHSIDE COMMUNITY LAND
SOWAMS SCHOOL PTO
ST. JUDE’S CHILDREN’S RESEARCH
THE COMPASS SCHOOL
THE MELANIE DELMAN GRANT
THE PROVIDENCE VILLAGE
TRINITY REPERTORY COMPANY
WOMEN AND INFANTS
WOMEN’S FUND RHODE ISLAND
YEAR UP PROVIDENCE
Thank you Rhode Island for all that you do for us and our neighbors