For the seventh consecutive year, Residential Properties Ltd., Rhode Island’s leading real estate company, has earned a spot on the REAL Trends 500 – an independently verified list of the top 500 most successful real estate companies in the entire nation. RPL is the only real estate company based solely in Rhode Island to appear on the list, coming it at #343 in the country with $858,982,295 in total sales volume during 2018.
According to a research report produced by REAL Trends, the brokerages selected to the Real Trends 500 closed over 3.2 million residential sales transactions in 2018. These transactions represent over one-third of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500 represented less than 0.5 percent of all brokerage firms.
Now in its 32nd year, The REAL Trends 500 remains the undisputed leader in ranking the performance of residential real estate services firms due to its requirement of independent verification.
For more information on the REAL Trends 500, visit the company’s website at RealTrends.com.
On International Women’s Day, we thought it would be nice to bring to the public’s attention an amazing event that is honoring one of Residential Properties’ “Founding Mothers.” Liz Chace was a founding member of Residential Properties when the company first opened its doors in 1981 and was a strong influence in growing what was then an all-women company until her retirement in 1997. Since then, Liz has continued to inspire young girls and women and has been a staunch supporter of Sophia Academy’s mission to “change the lives of girls from low-income homes through an empowering middle school education”.
On Thursday, May 10th Sophia Academy will honor Liz Chace at their 2018 Women of Wisdom Gala. The event will begin at 5:30 PM with a VIP reception and continue with a speaking program and auction before the celebration and dinner at 7:30 PM. The entire gala will take place at the WaterFire Arts Center at 475 Valley Street in Providence.
To honor and support this great woman and organization you can donate to the Sophia Academy. For more information please check out the brochure HERE and to get a glimpse at all the great work the Sophia Academy accomplishes, head to their website at Sophia-academy.org.
Residential Properties is proud to sponsor this event and to have so many great women involved in the past, present, and future of this company.
When I first opened up my company in 1981, people would ask me where I worked and I would say “Residential Properties”…almost as a question, since almost no one knew who we were. Today, I am proud to say that the RPL Chevron is a very recognizable symbol in Rhode Island and surrounding communities in neighboring states.
The real estate industry today bears little resemblance to the way we did business back then. The internet has changed everything. According to the 2009 National Association of Realtors® Profile of Home Buyers and Sellers, 90% of respondents used the Internet at some point, seven years ago only 41% of buyers used the internet. When asked where they found the home that they ultimately bought, 36% of buyers found the home on the Internet; another 36% learned of that home from a real estate agent. In 2001 48% of the people found their home through an agent and only 8% of the people found their ultimate home from the internet.
It is not always what happens, but how you react that determines your success. I am proud of the amount and quality of information we provide regardingRhode Island Real Estate. With more and more information on the web, more people are turning to a professional for help sorting through all of it.
And how do people choose their agents? They look for someone with a great online presence who has knowledge of the process and the market. That’s the lesson to be learned from NAR’s annual profile of buyers and sellers.
The most effective methods to bring buyers and sellers together are the Internet, working with an agent (who learns about properties through the MLS), and signs. 84% of buyers learned about their home through one of these sources. If you want to sell your home, look for an agent with a great reputation, whose company has a great web presence and good market share.