According to the National Association of Realtors (NAR), over 3 million real estate agents and over 106,000 RE brokerages in the country. That’s why Big Block Realty is named in the top 100 RE Brokers In the United States is an honor.
KEY TAKEAWAYS
- Big Block Realty, ranked in 2022 by Real Trends as the:
- 49th best Independent Real Estate Brokerage in the U.S. out of 106,000 real estate brokerages;
- 74th best in the country for Sales Volume;
- 132nd for Overall Top 500 in the country; and
- A member of Real Trend’s Billionaires’ Club for closing transactions totaling at least $1 Billion in 2021.
- Our franchise, Big Block Realty North received the following rankings by Real Trends:
- 126th best Independent Real Estate Brokerage in the country;
- 404th for Sales Volume in the country; and
- Selected as a member of Real Trend’s Billionaires’ Club for closing transactions totaling at least $1 Billion in 2021.
- Real Trends is a Highly Reputable Real Estate Industry Ranking Site
- Since 1987, Real Trends partnered with the Wall Street Journal to rank real estate professionals in the U.S.
Real Trends Ranks Big Block Realty 49th in its Top 100 Real Estate Brokers in the United States
Newly released Real Trends Rankings for 2022 selected Big Block Realty in several of its categories.
Here are screenshots of their rankings and explanations of what they mean.
Real Trends Top 500 Rankings of Independent Real Estate Brokerages 2022
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Real Trends ranked all the independent real estate brokerages with Big Block Realty ranked at number 49 in the country. Based on the Number of Closed Transactions of 6,114 and the Sales Volume of $4,341,704,015 in 2021. That’s over $4.3 Billion in sales volume in 2021.
Also, our franchise, Big Block Realty North in Sacramento ranked number 126 in the country. This was due to their Number of Closed Transactions of 2,135 with a Sales Volume of $1,087,829,982. That’s over $1 Billion in sales volume in 2021.
In addition, both realties became members of the Real Trend’s Billionaires’ Club for closing transactions of at least $1 billion in 2021.
Real Trends Rankings for Top Sales Volume
Image Source – Free Usage Authorized by the Fair Use Doctrine
Real Trends explains how they determined Top Sales Volume as: “The largest real estate brokerage firms in the United States that are ranked by closed sales volume in 2021”
Big Block Realty is Ranked 74 in the country. Also, Big Block Realty North is Ranked 404 in the country.
Real Trends Rankings of the Nation’s Best Category
Image Source – Free Usage Authorized by the Fair Use Doctrine
Real Trends makes a special award called the Nation’s Best for “Top-performing brokerage firms that didn’t make the RealTrends 500”.
Our franchise, Big Block Realty North recognized amongst the “Nation’s Best” in 2022
Real Trends Overall Top 500 Real Estate Brokerages 2022
Image Source – Free Usage Authorized by the Fair Use Doctrine
The Overall Top 500 ranks Big Block Realty at number 132. Based on 6,114 Closed Transactions and a Sales Volume of $4,341,704,015 in the year 2021.
Big Improvement: This is an increase from 2020 when Big Block Realty had a Sales Volume of 5,143 ranking them 160 in the country.
How Reliable are Real Trends Rankings?
Sadly, many fake online reviews paid by product owners seeking public trust diminish the value of honest non-biased product and services reviews.
USA Today in a December 2021 news story revealed that “up to 39%” of online reviews may be “bogus”. It cites a World Economic Forum study estimating at least $152 Billion of global purchases are influenced by fake reviews. The story even accuses 50 of the most followed celebrity Instagram “influencers” of violating FTC consumer protection rules “93%” of the time.
A lack of safeguards and few criminal or civil penalties ever get prosecuted for “review-related scams”. This only encourages online fake reviews.
When the FTC does prosecute review scammers the offenders only get a slap on the wrist. The USA Today story cited an example of a guitar lessons company called Legacy Learning Systems which paid the FTC a $250,000 fine for uploading phony testimonials on their site which generated $5 million in sales. A good return on investment.
So, how reliable are the Real Trend ratings?
Got Questions?
Who are Real Trends?
Real Trends is a publishing company considered a “leading source of analysis and information about residential real estate”.
Since 1987, Real Trends partnered with the Wall Street Journal to rank real estate professionals in the U.S.
Real Trends identifies the largest and most successful real estate agents and brokerages in the country. They use closed sales volume and closed transaction sales as their measurables for rankings.
Who Owns Real Trends?
HousingWire owns Real Trends. Boasting over 10 million annual unique visitors, HousingWire is a reputable source for information and news about U.S. Mortgages and the housing market.
Their visitors consist of:
- Real estate lenders;
- Real estate investors;
- Servicing real estate industry companies;
- Real estate market participants;
- Real estate finance experts; and
- Housing and mortgage professionals.
They are staffed by experienced journalists and editors who deliver breaking news and opinions about housing and mortgage financing. They maintain a solid reputation for delivering news from trade outlets before others do.
Their E-Newsletters vary in different aspects of the residential real estate industry. That’s why they claim over a million subscribers.
HousingWire Magazine gives in-depth insights into the U.S. housing and financial markets. It’s published ten times per year in print, on their website, and in digital formats for many devices.
What is Real Trends Reputation?
Here are five reviews of Real Trends from reliable real estate experts.
1. The Real Estate Trainer site coaches real estate agents and investors. It published its review of Real Trends in 2021. The conclusion wrapped up the review with:
“Don’t underestimate the power of a Real Trends and Wall Street Journal accolade for your marketing. This is an independent affirmation of your skills the public trusts. And trust means everything when building a strong real estate business.”
2. The Washington State Realtors Association reviewed the Real Trends accuracy and relevance of brokerage rankings in 2019. They concluded that “accuracy, ethics, and verification mattered most” with Real Trends.
3. In 2019, Tom Ferry International, a top coaching and training company teamed up with Real Trends to name the 2019 REAL Trends America’s Best Real Estate Professionals list. Tom Ferry is a well-known and respected real estate coach and trainer. In 2020, Tom Ferry teamed up again with Real Trends to name the 2020 Best Real Estate Professionals list.
4. In 2018, the Hudson Institute’s Center for Housing and Financial Markets in Washington, D.C. issued a report titled: “The Price of Residential Real Estate Brokerage Services”. It cited Real Trends as the only source available regarding U.S. average commission rates.
5. In 2021, Daniel Ramsey of MyOutDesk praises Steve Murray, the founder & CEO of Real Trends. Steve Murray has been in the residential real estate business since 1977 and has published four books about evaluating residential real estate brokerage firms.
Big Block Realty Named In Top 100 RE Brokers In The United States – Conclusion
Real Trends is a reputable well-known source for valuating U.S. real estate brokerages since 1987 which has partnered with the Wall Street Journal and Tom Ferry, the highly respected real estate coach and trainer.
Real Trends published its latest report in 2022 naming Big Block Realty with the following rankings:
- 49th Independent Real Estate Brokerage in the U.S. out of 106,000 real estate brokerages;
- 74th in the country for Sales Volume;
- 132nd for Overall Top 500 in the country; and
- A member of Real Trend’s Billionaires’ Club for closing transactions of at least $1 Billion in 2021.
Our franchise, Big Block Realty North received the following 2022 rankings by Real Trends:
- 126th Independent Real Estate Brokerage in the country;
- 404th for Sales Volume in the country;
- Nation’s Best for its Top Performance even though it wasn’t selected in the Real Trends 500; and
- A member of Real Trend’s Billionaires’ Club for closing transactions of at least $1 Billion in 2021.
These rankings are not new. Recently, our blog post showed the many awards for Big Block Realty titled: “Best 100% Commission Real Estate Broker San Diego 2022”.
The awards and recognitions include:
- Google #1 SERPs and its Featured Snippet names Big Block Realty as the “best real estate broker in San Diego”; and
- Awards: 2016 – 2021: Big Block Realty won many awards for excellence and fast growth from Inc. 500™ and Inc. 5000 along with the San Diego Association of Realtors, LocalBest.com, and Entrepreneur.
Want to Buy or List Your Home for Sale from the Best Brokerage in San Diego?
Big Block Realty is recognized as the Best Brokerage in San Diego and one of the Best in the Country. We provide experienced Realtors to help you with buying or selling your home in San Diego County.
Contact us before you list your home for sale or want to buy your dream home in the greater San Diego area.
Steven Rich, MBA – Guest Blogger
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Steven Rich, MBA has been involved in the real estate industry for over 30 years. As an investor, real estate agent, associate editor of a real estate magazine, a real estate marketing expert, a Wikipedia real estate article author, and as a writer.
