BAM’s Key Details:
- Every year, T3 Sixty releases T3 Top 5 rankings, which list the nation’s five largest real estate enterprise companies, brokerages, franchise brands and franchisees.
- Rankings are determined by sales volume for 2022 and calculated against NAR’s existing home sales data.
Yesterday, the T3 Top 5 rankings were released, showcasing the largest real estate enterprises, brokerages, franchise brands and franchisees.
And while 2022 was a challenging year in real estate—NAR reported a 9% year-over-year decline in home sales— we all know there were plenty of transactions to complete.
Two companies who made the list stood out to T3 Sixty chairman Stefan Swanepoel, as each was able to show a significant increase in their sales volume during a time when most saw declines.
The majority of companies listed saw year-over-year declines in production and volume, some almost exactly matching the nationwide market decline. But the notable exceptions, including eXp and the top franchisee, RE/MAX Gold, Representing Gold Nation, showed massive increases despite this market downturn. We applaud everyone who has made the T3 Top 5 rankings in 2023 and look forward to tracking and analyzing their progress.
T3 Top 5 rankings
Every year, T3 Sixty ranks the top 5 enterprises, brokerages, franchise brands and franchisees. Rankings are based on each company’s full-year 2022 sales volume, calculated against NAR’s existing home sales data.
In April, the remaining Mega 1000 will be released by T3 Sixty.
Top 5 Real Estate Enterprises
Enterprises are the largest entities in the residential real estate brokerage industry, and rankings consider the company’s owned and franchised offices.
The top five real estate enterprises for 2023, ranked by their full-year sales volume, are:
- Anywhere Real Estate—$636.4B in sales volume (-13.7% YoY change)
- Keller Williams—$439.6B (-12.1% YoY change)
- RE/MAX—$291.6B (-14.5% YoY change)
- HomeServices of America—$247.3B (-15.3% YoY change)
- Compass—$228.0B (-10.3% YoY change)
Top 5 Real Estate Brokerages
Every agent must hang their license with a brokerage, which in turn provides support and services to agents.
The top five real estate brokerages for 2023, ranked by their full-year sales volume, are:
- Compass—$228.0B in sales volume (-10.3% YoY change)
- Anywhere Advisors—$222.0B (-9.0% YoY change)
- HomeServices of America—$165.7B (-16.6% YoY change)
- eXp Realty—$159.1B (+20.2% YoY change)
- Douglas Elliman—$42.8B (-16.1% YoY change)
Top 5 Real Estate Franchise Brands
A franchise brand is a distinct brand a real estate brokerage can affiliate with.
The top five real estate franchise brands for 2023, ranked by their full-year sales volume, are:
- Keller Williams Realty—$439.6B in sales volume (-12.1% YoY change)
- Coldwell Banker Real Estate—$294.7B (-12.0% YoY change)
- RE/MAX—$291.6B (-14.5% YoY change)
- Sotheby’s International Realty—$146.8B (-18.8% YoY change)
- Berkshire Hathaway HomeServices—$146.8B (-15.2% YoY change)
Top 5 Real Estate Franchisees
Franchisees are brokerages who are an affiliate of a franchise brand.
The top five real estate franchisees for 2023, ranked by their full-year sales volume, are:
- RE/MAX Gold, representing Gold Nation—$18.2B in sales volume (+8.5% YoY change)
- Majestic Realty—$13.7B (-8.1% YoY change)
- Keller Williams Realty, GO Network Offices—$12.9B (+1.1% YoY change)
- Keller Williams Realty Pinnacle Partners Group—$8.1B (-6.2% YoY change)
- Berkshire Hathaway HomeServices PenFed Realty—$7.5B (-8.2% YoY change)
For more information, visit Real Estate Almanac.