Tag: Real Trends
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.
For the fifth consecutive year, Residential Properties Ltd. has earned a spot on the Real Trends 500, a prestigious list of the Top 500 most successful real estate companies in the entire nation. Now in its 30th year, the Real Trends 500 remains the undisputed leading report ranking the performance of the top residential real estate brokerage firms.
Residential Properties Ltd. is proud to be the only company based entirely in Rhode Island to appear on the list, and was recently ranked #1 in the state in both gross volume and residences sold on the Providence Business News Book of Lists. The independently owned brokerage ranked #314 in the nation for gross volume with $789,129,644 in overall sales, as well as #490 in transaction sides with a total of 1,886.
Due to the requirement that all information be independently verified, the REAL Trends 500 remains the trusted source for information regarding the performance of these firms. The results of the list show that the nation’s leading realty firms outperformed the market when compared against the results reported by the National Association of Realtors® and the National Association of Home Builders. The firms included on the Real Trends 500 saw a 6.6 percent increase in unit sales, as well as an 8.8 percent rise in sales volume this past year.
Recently celebrating its 35th anniversary, Residential Properties Ltd. sold more homes and compiled more sales volume than any other brokerage in the Rhode island for each of the past two years. To learn more about Residential Properties, view market information, search current listings, or find a Realtor®, please visit ResidentialProperties.com.
With the recent release of the 2016 Real Trends 500 report, Residential Properties Ltd. has once again been ranked as one of the top 500 real estate companies in the entire country. Now in its 29th year, the Real Trends 500 is the leading report for ranking the performance of the nation’s top brokerages based on both residential transaction sides and sales volume.
As reported by Providence Business News, Residential Properties Ltd. led all Rhode Island real estate companies during 2015 with a total of 1,748 residential transaction sides and $704,119,263 in overall gross volume. With these totals, RPL appeared on the 2016 Real Trends 500 list ranked 316th in the country for sales volume and 485th for transaction sides.
Originally founded in 1981, RPL has grown to become Rhode Island’s largest and most successful independent real estate company with over 180 top sales agents and five offices throughout the state. Currently celebrating its 35th anniversary, Residential Properties Ltd. routinely leads the state in overall gross volume, including this past year (2015) in which RPL totaled nearly $300,000,000 more in gross volume than any other brokerage in Rhode Island. For more information, please visit ResidentialProperties.com – ranked among the top 25 real estate websites in the country.