Category: Rhode Island News
RIS Media recently released its 30th Annual Power Broker Report, ranking Residential Properties Ltd. among the top real estate firms in the U.S. for sales volume. RPL checked-in at number 340 on the list with a total sales volume of $794,854,526 in 2017, representing 1,852 closed transactions.
RISMedia President and CEO John Featherston congratulated Residential Properties Ltd. for their prestigious ranking in this year’s Power Broker Report. “The firms represented are the nation’s most elite brokerage firms serving literally millions of consumers with their real estate needs,” Featherston said. “Even up against extremely scarce supply, Power Brokers posted remarkable sales. With the economy expanding and home prices on a tear, they’re charging forward and leveraging the opportunities. We applaud their commitment to homeownership and congratulate them on their Power Broker standing.”
Celebrating its 30th anniversary year, the Power Broker Report has long honored the incredible business feats of remarkable real estate leaders—and brokerage firms—who continue to shape our industry. Each April, RISMedia’s Real Estate magazine highlights the Top 500 Power Broker firms according to sales volume, and the digital version of the Power Broker Top 500 ranks firms according to sales volume and transactions.
2017 marked the third consecutive year that Residential Properties Ltd. has ranked #1 in Rhode Island for 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.
To learn more about Residential Properties Ltd., visit www.ResidentialProperties.com.
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.
The Diamond Sales Awards are presented by the Northern Rhode Island Board of Realtors and recognize excellence in providing the highest level of service while obtaining a designated sales and listing volume. The reception for this year’s awards was held at Twin River Center in Lincoln, RI on Wednesday, March, 14th. Residential Properties Ltd would like to congratulate all of our agents who were awarded for their hard work at this year’s ceremony:
One Diamond: $1,000,000 – $1,900,000
Two Diamond: $2,000,000 – $2,900,000
Three Diamond: $3,000,000 – $4,900,000
Four Diamond: $5,000,000 – $6,900,000
Five Diamond: $7,000,000 – $9,900,000
Platinum: $10,000,000 & over
Fourth Highest Team Award
Thank you to all of our excellent realtors if you would like to find out more information on them click their name above or visit ResidentialProperties.com.