Top Ten Real Estate Firms in The USA
The real estate industry plays a very important role in the economy of the USA. These firms offer large numbers of services and including creating millions of jobs every year. As there are hundreds of firms in the US but the top 10 firms have more influence in the US economy. In the article, we will cover the top 10 largest firms accordingly, including their short history, where they are located, and the services that they offered.
Real estate is a rapidly growing sector in the USA. the sector provides comprehensive services including jobs opportunity to the people of the USA. The industry helps to increase the growth of the economy, and it also helps local and federal governments to collect tax revenue every year.
Especially, the top 10 real estate firms in the USA have crucial impacts on the economy. These 10 firms are considered pillars of the real estate industry in the US. These firms shape trends and play a significant role to set market direction.
1. Coldwell Banker Real Estate (CBRE Group)
CBRE “founded in 1906” is one of the top real estate firms that provide services and investment opportunities in the US. Colber Coldwell, Benjamin Arthur Banker, and Richard Ellis were the founders of the company. Presently, Coldwell Banker Real Estate is well-known and considered one of the largest firms in the US and worldwide, having more than 105000 professionals in over 100 countries. According to the previous year’s data, the total net income of the company was 1.84 billion dollars.
CBRE Group offers broad services to its clients nationally and internationally like property management, investment in banking, brokerage, appraisal and valuation, consulting, and research. Similarly, real estate investment, development, corporation, and government entities. The company provides all these types of services to its client globally.
The Company has a strong presence worldwide, especially in the US. offices of the company located in 44 major cities of the USA such as Alabama, Arizona, Arkansas, and California. Similarly, the company is involved in the development and management of large-scale commercial and residential projects globally and has offices in different regions across the county as Asia Pacific, Europe, the Middle East, and Africa.
2. 21 Century
The real estate firm Century 21’ was founded in 1971 in California, USA. Art Bartlett, Marsh Fisher, and George Sofokleous were the founders of the company. The main objective of the firm is to provide high-quality real estate services to clients locally and globally. The company covers 86 countries and has 147,000 employees worldwide and now it becomes one of the largest real estate firms.
Century 21 offers residential and commercial real estate services and asset management services. The real estate agents of the company are highly professional, trained, and have more experience in the industry to help clients find the finest projects.
The company has a perfect market presence in over 86 countries in the world, especially, in the US market. It covers countries Canada, UK, Germany and China, etc. 21 Century does partnerships with local welfare organizations and plays an important role in environmental sustainability.
3. Real Estate Maximums or RE/Max
Real Estate Maximums is commonly known as RE/Max in the market. RE/Max was founded in 1973 in the USA . the main headquarters of the company are in Denver and Colorado. Currently, the company has more than 6800 offices in major cities in 100 countries widely. The company has more than 100000 agents and plus 500 employees. created to provide a platform for experienced real estate agents to maximize their earning potential.
RE/Max provides comprehensive services for both buyers and sellers of property, including residential and commercial apartments and properties. Services include property listings, marketing, apartment buying, and selling apartments. The company has a team of experts and trained agents.
The company RE/max has a strong presence in the real estate market main focus of the company is on the USA, Canada, Mexico along with Europe countries. The portfolio of the company is very high because of its expertise in the real estate market as the company completed many projects regarding selling and buying luxury homes, apartments different other types of properties.
4. Keller Williams Realty
Keller Williams Realty is one of the famous real estate companies in the USA which was founded in 1983 in Austin, Texas by Gary Keller and Joy Williams. Keller Williams started with a single office and then with the passage of time the company grew up maximum and now there are more than 940 plus offices with 180000 franchises globally. The unique point of the company is to put the priority of its employees first as gives them education and training well.
KW provides comprehensive services related to property and technology, including residential and commercial real estate, property, and investment management services, sell and buy services of apartments, homes and buildings inside and outside the country. The company also offers training and support to sellers, buyers, and agents about the technology.
Keller Williams Realty has a hold on the real estate market in the US. The company has 900 plus offices worldwide. The major international countries are the UK, Australia along with Canada. KW also operates as a charitable non-profit organization known as KW cares.
5. Weichert, Realtors
Weichert, Realtors was founded on August 25, 1969, in Chatham, New Jersey by Jim Weichert and James Weichert they both were co-founders. At the start this was a family business further it expanded its business nationwide. Currently, the company has been included in the top-listed of the country along with over 500 offices and 20000 agents in 44 states.
As mentioned above Wiechert, Realtors is a real estate company in the US, so it offers services related to property including residential and commercial sales of apartments. The company also provides services for buying, selling, and renting of properties.
Wichert, Realtors has a strong presence in the real estate market. It covers more than 44 states of the country. In 2001, the company was expanded from the national to the international level. Now, It is recognized by various organizations as a real estate company as the company completed large-scale luxury commercial and residential projects.
6. Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServices is an American real estate brokerage services providing firm founded in 1998. The headquarter of the company is situated in Minnesota a popular city in the USA.
Berkshire Hathaway HomeServices offers comprehensive services related to real estate including Insurance, residential and commercial properties. The services also include buying, selling, and renting homes, and apartments.
Berkshire Hathaway HomeServices has a strong market hold in the sector of real estate in the US. The company operates under more than 43 brands name nationwide with over 50000 real estate agents and over 1400 offices. The company has completed several luxury projects.
7. ERA Real Estate
ERA Real Estate is one of the most famous and largest real estate companies in the United States. The company was founded in 1971 by Jim Jackson. At the start, ERA was called Electric Realty Associate, with the vision of maximum usage of the latest technology. ERA has continued its role as an innovator.
The company offers its clients a broad range of services related to the property, along with management of the investment. ERA plays its role as an agent between two parties in buying and selling of property, real estate is a process involved to complete a transaction. The company has a strong presence in the physical market as well as online, it runs a youtube channel to keep informing the community about the current market situation related to real estate.
ERA has a presence in the real estate market in the USA as well as the rest of the world. The most covered regions of the world by which the company provides services are Asia, Europe, and the Middle East. It completed Various standard projects in the US and in other regions. The company also contributes to welfare and corporate charity for more than 35 years to enhance the lives and health of children and adults who live with neuromuscular and other diseases with the support of the Muscular Dystrophy Association.
8. EXIT Realty
EXIT Realty is a real estate franchise company founded in 1996 by Steve Morris with a unique business model, it is a company built on human potential and focused on delivering exceptional consumer experiences. The main goal of the company is to provide real estate agents with the resources they need to succeed.
EXIT Realty provides real estate services to agents including professional training and support to make able the agents to offer their expertise to the real estate market. The purpose of this training is to educate the agents about technology and marketing.
The company has 800 offices and more than 14000 agents in the US including Canada.
The company is growing gradually to make a presence in the real estate market. So, due to this, it expanded its presence in other regions of the world like Australia, Portugal, and South Africa.
9. Cushman & Wakefield
Cushman & Wakefield is an international real estate company founded in New York on October 31, 1917, by brothers-in-law J. Clydesdale Cushman and Bernard Wakefield. The company is one of the top 10 in the US with $10.34 billion in revenue in 2022. In 2021, the firm had a revenue of $9.4 billion.
The company provides a wide range of services across the globe with services of property, facilities and project management, leasing, capital markets, and valuation.
The company has covered different regions including North America, Europe, Asia, and the Middle East. It brand and approximately 53,000 people operating across approximately 400 offices in 60 countries. The company achieved many milestones in its 100 years of history. In 2018 the company was listed as a public company on the New York Stock Exchange.
10. Newmark Knight Frank
Newmark is a growing real estate company that Smoothly enhances each stage of the property life cycle. Dave Newmark founded the company in 1929 in Manhattan, USA. The firm is listed on NASDAQ Global Select Market under the NMRK. Initially, it was created as a full-service real estate firm and has grown into one of the largest leading firms.
The total revenue of the firm was 3.1 billion dollars in 2022. In 2021 it generated a total of 2.9 billion dollars in revenue.
The company is popular for commercial and residential real estate services including Capital Markets, Global Corporate Services, Industrial and logistics, and more. The firm has trained a team for the purpose to achieve the goal of clients with maximum output.
Newmark has expanded its presence in the real estate market nationally and internationally. The company has 170 offices and more than 6700 professionals.
Frequently Asked Questions.
There are some of the most important frequently asked questions related to real estate.
What is the most successful real estate company in the US?
As for 2022, Keller Williams commonly known as KW is the most successful real estate company in the US. The main focus of the company is to use advanced technology and a research-based knowledge approach toward real estate.
What type of real estate is the most profitable?
It depends upon the market condition and location. However, some kind of most real estate firms is known for the best profitability.
- Multi-family properties
- Commercial properties
- Development land
- Luxury real estate
- Vacation rentals
What are the 4 types of real estate?
Four types of real estate are follow
- Residential real estate
- Commercial real estate
- Industrial real estate
- Land: raw or undeveloped land