The 16 Best Real Estate Brokerages In US in 2024
You want to know what are the top real estate brokerages in 2024 but don’t know where to start. The real estate market offers numerous possibilities, options, and companies to choose from, yet you are concerned about making a choice that can turn from right to wrong in an instant. Trying to go about it all by yourself leaves you feeling like a turtle on its back.
Truth be told - you are not alone. This is something a lot of people struggle with. Knowing the criteria for choosing the most suitable brokerage for your needs and priorities can be overwhelming, especially if this is your first time weighing the options.
As experts in all things brokerage, we have encountered this exact scenario numerous times. Solutions and options are many, but we are going to focus on the ones that matter. That’s why we compiled a list of the top 16 brokerages in 2024 according to FINRA, and not only that but we included the criteria used to make it!
Selection Criteria for Top Brokerages
Before we get into the who and the what, we need to establish the criteria we used to make our top 16 real estate brokerages list. A clear distinction must exist since it will make you understand our choices, and eventually, take a specific course of action. The criteria include transaction sides and sales volume, agent support and training programs, technology and tools they use, their market share and reputation, and finally, customer satisfaction and reviews.
Transaction Sides and Sales Volume
Transaction sides and sales volume of a certain brokerage are extremely important to consider before you decide who to work with. Transaction sides, or real estate sides are a party, entity, or client that is a part of a real estate transaction. Most of the time, there are two sides in each real estate transaction: one for the buyer, and the other for the seller.
However, there are situations where a brokerage handles only one of those sides. Sides matter because they show the number of transactions paid for a brokerage, and generally portray the productivity of a brokerage.
Sales volume represents the total dollar amount that the brokerage was paid while working with sides in real estate. The sales volume of a single transaction is the final value the home sells for, but the total sales volume is every transaction that happens throughout a period, most often during a quarter. High sales volume signifies that the brokerage does an exceptional job, meaning they can identify the true market value of homes, set competitive pricing, have appealing marketing, and sell for the best price.
Agent Support and Training Programs
One of the brokerage’s top priorities should be agent support and training programs. Since the market is developing and changing rapidly, the brokerage has to ensure their agents are well-trained, well-versed, educated, and informed about new real estate trends and strategies. Good support and resources will help them succeed in a competitive market.
Looking for a brokerage that advocates constant improvement, and strives to enhance and strengthen its team should be one of your most important dealbreakers. Being mindful of the ever-changing real estate landscape, a serious brokerage must prioritize agent development and growth. Learning about negotiation, legal updates or marketing strategies is essential in the brokerage industry. This course of action will only positively affect their sales and transactions, making them competitive and desirable to work with.
Technology and Tools
Not only do the agents have to stay up to date with the latest trends, but their equipment, technology, and tools have to, too! Investing in contemporary, trending platforms that will manage leads, customer relationship management, and tools for better marketing, significantly improves brokerage engagement and agent productivity. Having access to these platforms ensures a more streamlined process, better social media management, and email campaigns, improves communication, and offers a valuable experience to a client seriously interested in brokerage services.
Market Share and Reputation
Market share is the percentage of total sales that were made by a specific company in an industry. Calculating the market share is simple: you just need to divide the company’s sales over a certain period by the industry’s total sales during the same period. For example, if the company made $2 million in sales, and the total sales of the industry is $20 million, then, the company has a 10% market share.
Reputation has to be included as one of the most important factors when choosing a brokerage company to collaborate with. When you make your pick, ensure that the brokerage you want has a strong and steady reputation that is built on expert work, reliable and trustworthy agents, and successful transactions. Having a company with a proven track record, and a reliable and respectable reputation is much more likely going to fulfill your expectations.
Customer Satisfaction and Reviews
Believe it or not, there are 86% of customers that are willing to pay more for a better service. Brokerage is a competitive industry, therefore, it is extremely valuable that it takes special care of its customers’ satisfaction and reviews. Building long-lasting, strong, and trustworthy relationships in brokerage can be achieved if there is mutual respect between the agent and the client.
The client is much more likely to respect, recommend, and give positive feedback to a brokerage business that provides good customer service. It is a business that works like any other: its success and future are highly dependent on customer satisfaction and reviews.
A client can recognize good customer service by the way the brokerage is willing to understand the unique needs and goals of each client and provide professional and personal solutions during the process. If you are a client, you should feel heard, respected, and taken care of. A brokerage that understands your needs, is transparent and reliable, communicates clearly, and has a lot of positive referrals from pleased clients, is most likely the one that will fulfill your expectations.
1. Compass
Compass is the largest independent real estate brokerage company, with a sales volume of $227,977,000,000 and 210,365 transactions in 2022. Founded initially as Urban Compass in 2012 by Robert Reffkin and Ori Allon, the company is headquartered in New York City, New York. They specialize in high-margin, luxury homes in upscale markets. Compass is also focused on innovating the property buying/selling process and the industry itself by building a bridge between real estate and technology.
As the largest independent real estate brokerage company, Compass is active in 72 markets, has 300+ offices and employs over 28,000 agents. Compass operates in more than 22 regions across the US and is licensed to do business in Delaware, Idaho, New Jersey, Pennsylvania, Tennessee, Washington DC, Wyoming, Missouri, Kansas, South Carolina, and California. They are also known for being the first company that has built a proprietary mobile application for real estate agents. Compass has a 3.6 rating.
Compass’ gross transaction value (GTV) also improved by 9.6% compared to the previous year.
Transactions: 177,716
Sales volume: $184,452,364,253
Number of agents: 26,257+
Customer review: 4.7/5
Here are links to Compass’ Crunchbase profile and social media accounts:
2. Anywhere Advisors
Anywhere Advisors is another top provider of residential real estate services, with a sales volume of $222,007,000,000 and 317,600 transactions in 2022. Anywhere Advisors is the real estate brokerage branch of Anywhere Real Estate, which was founded in 2006 and is formerly known as Realogy Brokerage Group. They are the parent company of some of the top international real estate brokerage brands, including Better Homes and Gardens Real Estate, Coldwell Banker, and Sotheby's International Realty. Anywhere Real Estate is headquartered in Madison, New Jersey, and leads the industry with integrated real estate services.
In the first quarter of 2024, it generated revenue of $1.1 billion and expects to realize cost savings of at least $100 million. Anywhere Advisors guarantees the most extensive agent network, and innovative product and technology capabilities. In 2023, they were the second-largest residential brokerage by the number of agents, and among the top 10 largest franchise brands by transaction volume.
Transactions: 252,023
Sales volume: $176,229,465,000
Number of agents: 59,800+
Customer review: 3.5/5
Here are links to Anywhere Real Estate’s Crunchbase profile and social media accounts:
3. eXp Realty
eXp Realty had a sales volume of $159,136,000,000 and 397,138 transactions for 2022. They were founded in 2009 and are one of the fastest-growing real estate brokerages in the industry, having the highest number of transactions in 2021. eXp Realty is headquartered in Bellingham, Washington. They offer commercial real estate brokerage services, in addition to residential real estate services, to their customers. eXp World Holdings is the holding company of eXp Realty.
They have over 85,000 agents with international coverage in 21 countries: US, Canada, Colombia, Brazil, Chile, Mexico, Dominican Republic, Puerto Rico, UK, Portugal, Spain, France, Italy, Germany, Greece, Israel, South Africa, India, Hong Kong (China), Australia, and New Zealand. Coverage in Dubai and Poland are coming soon. Within the US, they are licensed in 12 states: California, Texas, Illinois, Florida, Iowa, Michigan, Georgia, North Carolina, Washington, Utah, Vermont, and Arizona.
They have a platform for their agents called eXp Solutions, which includes services from a variety of vendors to ensure that their agents meet quality standards. For clients looking to avoid the time-consuming process of fixing up, staging, and showing, they have an online marketplace called ExpressOffers where buyers can avoid these processes and receive competitive offers quickly. eXp Realty has a 4.6 rating.
Transactions: 355,052
Sales volume: $143,578,492,940
Number of agents: 74,000+
Customer review: 4.5/5
Here are links to eXp Realty’s Crunchbase profile and social media accounts:
4. HomeServices of America
HomeServices of America had a sales volume of $165,722,000,000 and 302,519 transactions for 2022. They were founded in 1998 and have their headquarters in Minneapolis, Minnesota. HomeServices of America is a continually expanding group of real estate brokerages, mortgage brokerages, settlement service providers, insurance companies, and corporate relocation companies. They are the parent company of 55 real estate brokerage companies, including Berkshire Hathaway HomeServices, a top international real estate brokerage company, and Real Living Real Estate franchise networks.
Since HomeServices of America is composed of so many different real estate companies, they are able to have local leadership with national coverage. On their brokerage team, they have 928 offices, 44,560 agents, and headquarters across the US. They are licensed in 48 states and Washington DC, and have HomeServices Brokerage company branches in 35 states. Their professionals have an in-depth understanding of area-specific dynamics, communities, and markets. HomeServices of America has a 3.2 rating.
Transactions: 235,861
Sales volume: $133,806,715,370
Number of agents: 44,560+
Customer review: 3.2/5
Here are links to HomeServices of America’s Crunchbase profile and social media accounts:
5. Douglas Elliman
Douglas Elliman is a brokerage established in 1911, and with over 6000 agents, and 80 offices, it represents one of the largest regional and national real estate companies. They are preaching the importance of consumer experience, and priding themselves on offering a complete suite of real estate services that will meet all their customers’ needs. Douglas Elliman leads their clients from sales and rentals to mortgages, promising skilled agents with outstanding track records.
Transactions: 21,606
Sales volume: $34,402,289,102
Number of agents: 6,600+
Customer review: 3.1/5
Here are links to Douglas Elliman’s Crunchbase profile and social media accounts:
6. Howard Hanna Real Estate
Howard Hanna Real Estate Services was founded as the Howard Hanna Company in 1957 and has headquarters in Pittsburgh, Pennsylvania. The company’s work has been passed down through multiple generations. Howard Hanna offers real estate, mortgage, insurance, title, and escrow services.
Howard Hanna Holdings, Inc. is one of the 2024 leaders on RealTrends verified core services list, counting 6,084 loan transactions so far, and 20,444 sold homeowners insurance policies. Howard Hanna offers services whether you are buying, selling, relocating, or seeking financing or insurance. It is striving to transform the real estate experience while staying committed to professionalism towards its colleagues, clients, and communities.
Transactions: 97,961
Sales volume: $33,840,285,248
Number of agents: 10,783+
Customer review: 2.6/5
Here are links to Howard Hanna’s Crunchbase profile and social media accounts:
7. Redfin
Redfin was founded in 2006, and it highlights that it has the best agents powered by the best technology. It invests in its agents, the innovative information technologies, and promises to save you thousands on fees. If you are buying or selling with Redfin, you’ll pay a 1% listing fee, which is lower than what many other companies charge.
They have a great and streamlined online presence, refreshing their listings every two minutes. Redfin keeps their clients updated and notified when their perfect home appears on the market. They offer on-demand tours to help you see your potential home as soon as possible.
Transactions: 46,549
Sales volume: $27,496,757,995
Number of agents: 4,600+
Customer review: 4.8/5
Here are links to Redfin’s Crunchbase profile and social media accounts:
8. @properties
@properties is considered to be Chicago’s number-one brokerage. They are offering mortgage lending, title insurance, and closing services to their clients. The company highlights its market trend awareness and the introduction of innovative technologies in its practices.
At @properties, they work towards creating a great working environment and making a tight-knit community for both their employees and their clients. One of the key aims on their website is love - as the most positive, powerful force in the world. @properties’ founders, Mike Golden, and Thad Wong, established the company in 2000 when they realized the need for enhanced services and support for agents and clients in the industry.
Transactions: 35,232
Sales volume: $22,610,457,904
Number of agents: 5245+
Customer review: 2.5/5
Here are links to At World’s Crunchbase profile and social media accounts:
9. Side
Side is a real estate brokerage that offers advanced technology features and services to its agents and clients. The commissions charged to buyers and sellers are negotiated on a case-by-case basis with Side’s agents. The company not only offers traditional real estate brokerage services, but also marketing and advertising, listing coordination, transaction coordination, legal services, and office space.
Since its formation in 2014, Side quickly reached many states in the country. They work with clients in California, Texas, Florida, New York, Washington, Oregon, Georgia, Maryland, Virginia, Washington D.C., Colorado, Arizona, Ohio, Kentucky, Massachusetts, North Carolina, and South Carolina.
Transactions: 22,967
Sales volume: $22,002,550,227
Number of agents: 383
Customer review: 4.7/5
10. The Real Brokerage, Inc.
The Real Brokerage, Inc. is a company based in Miami, Florida, that has been serving clients in all 50 US states. This brokerage has seen an 86% increase in revenue, which nearly doubled its gross profits. The Real Brokerage is extremely transparent about its beliefs, them being: empowerment, culture, equity, and talent.
They are striving to empower not only their employees, and agents, but also their clients. The nonjudgemental approach and understanding are what sets them apart in the real estate brokerage market. The Real Brokerage emphasizes the importance of carefully selected talent in their teams, offering solid support and tools for their agents.
Transactions: 48,905
Sales volume: $21,207,562,972
Number of agents: 18,000+
Customer review:
11. HomeSmart
HomeSmart was established in 2000, with headquarters in Scottsdale, Arizona. They are highlighting the importance of technology, making the process of working with them as streamlined, efficient, and easy as possible. HomeSmart mostly specializes in luxury real estate, making it one of the biggest real estate companies for high-end properties in Phoenix, Arizona.
Since they have been making technology one of the focuses of their campaign, they have developed and launched a few different apps, one of them being the HomeSmart Client app. This app provides both buyers and sellers with an in-depth look into the process of their real estate transactions. Furthermore, it stores personal information and documents all in one place.
Transactions: 37,237
Sales volume: $18,505,839,745
Number of agents: 16,697+
Customer review: 4.5/5
Here are links to Home Smart’s Crunchbase profile and social media accounts:
12. United Real Estate
United Real Estate is a brokerage based in Dallas, Texas. They have 15326 active licensed agents across 85 total residential sales offices. It grew faster than nearly all US real estate brokerages within the past five years, and it is its fourth consecutive year being ranked among the top of the 500 largest real estate companies in America.
Its network’s five-year growth was over 725% with an increase of $14.96 billion in volume, and 36,279 transactions. Furthermore, the agent count also experienced growth of 13% year over year. They are constantly and continuously investing in their agents and striving to grow their teams in a positive, and purposeful manner.
Transactions: 41,266
Sales volume: $16,912,023,108
Number of agents: 15,326+
Customer review: 4.4/5
13. William Raveis
In 1974, Bill Raveis opened the William Raveis Real Estate, in one room over a grocery store in Fairfield, Connecticut. It is the #1, family-owned real estate company in the Northeast. William Raves Real Estate has earned the Gold Medal distinction by the Commerical Record and by Banker & Tradesman.
It was named the Most Innovative Brokerage by Inman News and has been ranked the best place to work by Fox CT, Hearst Connecticut, and the Boston Business Journal. They have over 4371 active licensed agents and 138 total residential sales offices. They offer services in Connecticut, Massachusetts, Rhode Island, New Hampshire, Maine, Vermont, New York, South Carolina, and Florida.
Transactions: 19,386
Sales volume: $15,052,031,140
Number of agents: 4371+
Customer review: 3.4/5
14. Fathom Realty
Fathom Realty is a real estate brokerage based in Cary, North Carolina. It offers services in 42 states, and the District of Columbia. Fathom Realty is a company that provides a cloud-based, tech-savvy, full-service experience to its clients and agents.
It claims that it is changing the focus of the industry from being broker-centric to being agent-centric, which ensures its clients are better taken care of. Fathom Realty offers services of residential brokerage, mortgage, title, insurance, and Saas offerings to brokerages and agents by leveraging its proprietary cloud-based software called intelliAgent.
Transactions: 38,126
Sales volume: $13,255,297,000
Number of agents: 11,795+
Customer review: 4.6/5
15. RE/MAX Gold representing Gold Nation
Counting over 140,000 agents in more than 9,000 offices worldwide, RE/MAX is one of the most prominent brokerages in 2024. They offer a wide variety of real estate and services to choose from, like luxury homes, open houses, miracle homes, and virtual tours. As measured by residential transaction sides, RE/MAX is one of the leading brokerages in the industry.
RE/MAX was established in 1973, and throughout the years, it amassed enough experience, success, and a stellar reputation that draw clients in. Not only that, but, every year they are raising millions of dollars for Children’s Miracle Network Hospitals and other charities.
Transactions: 21,873
Sales volume: $12,822,371,529
Number of agents: 140,000+
Customer review: 4.2/5
16. The Agency
The Agency was founded in Beverly Hills by Mauricio Umansky in 2011, and since then, it has a portfolio of luxury real estate, homes, and properties for sale in more than 12 countries in the US. They offer services from relocation, escrow, insurance, and mortgages, to warranties, and more. It was chosen as a Top Luxury Brokerage by Inman.
The Agency is ranking number 16 by volume, and 34 by sides in the 2024 RealTrends 500. Furthermore, it sat at #7 of the largest privately held independent brokerage in the nation by sales volume list. This company has created a network of trustworthy agents that offer everything you need during the home buying and selling journey.
Transactions: 11,803
Sales volume: $12,438,051,135
Number of agents: 2235+
Customer review: 4.2/5
Let Kredium Be Your Guide in 2024
Now you’ve explored some of the top real estate broker companies in the US, including their recent statistics, background information, services, coverage, rating, and links to additional information and platforms. These companies can be relied upon by anyone looking to buy or sell a real estate property in the US, given that they have coverage in your location of interest.
For more information about the US real estate market, check out some of our blogs:
But what exactly is your next step given that you’ve found a property? Since the majority of people aren’t in a financial position to pay the total property listing price at one time, a mortgage loan is the best option for financing your property. Kredium is a digital mortgage brokerage company that can guide you through the mortgage process, from understanding the programs you qualify for to closing a loan and making your first payment. Since we specialize in non-qualifying mortgages (non-QM), we offer our services to foreign nationals (both US residents and non-residents) in addition to US citizens. Kredium also offers cross-border mortgages. By signing up today we can assist you through the entire process and help you become the owner of your ideal US property in no time!
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