Internet Age sees half of the top 20 real estate brokerages in the US founded

T3 Sixty, the leading management consulting firm in the real estate industry, has compiled and released the 2023 Mega 1000, the most extensive and accurate analysis of Real Estate brokerages

According to the rankings, half of the top 20 brokerages by sales volume were founded after the year 2000. Additionally, the top-ranking real estate brokerages in each category were founded in the modern era. Compass, founded in 2012, holds the largest brokerage by sales volume, followed by eXp Realty, founded in 2009, which holds the largest brokerage by transaction sides and agent count.

Jack Miller, T3 Sixty’s CEO, remarked, “It’s incredible to see these relatively new companies – Compass and eXp Realty – own the top three slots of the rankings, and companies like Peerage, At World Properties, and HomeSmart firmly in the top 10 by sales volume.”

Top Ten Brokerages

The rankings show that the top ten brokerages by sales volume in 2022 are Compass (No. 1), eXp Realty (No. 4), Redfin (No. 6), Peerage Realty Partners (No. 8), At World Properties (No. 9), HomeSmart (No. 10), United Real Estate (No. 12), Fathom Realty (No. 15), Majestic Realty Collective (No. 16), and The Real Brokerage (No. 18). Notably, Douglas Elliman entered the top five by sales volume, and Peerage Realty Partners moved from No. 13 to No. 8, while Fathom Realty moved from No. 20 to No. 15, and The Real Brokerage entered the top 20 for the first time, ranking No. 18.

In the analysis of brokerage transaction sides, Anywhere Advisors moved up to No. 2, while Peerage Realty Partners jumped from No. 22 to No. 13, and The Real Brokerage ranked for the first time at No. 15. In the agent count rankings, Peerage Realty Partners moved up to No. 14, LoKation moved from No. 24 to No. 20, and The Real Brokerage entered the rankings at No. 10.

The Mega 1000’s findings indicate that the industry’s transition from the old brokerage paradigm to the new one is complete. The modern brokerages offer new funding models, compensation structures, and innovative technologies, leading to significant changes in the industry. The full rankings of the top 1000 US brokerages by sales volume, transaction sides, and agent count can be found on realestatealmanac.com.