[Ranking] TOP 25 Real Estate Brokerage / Real Estate Companies Q3/2023
Intro
Real Estate Brokerage is an essential sub-industry within the larger Real Estate sector, playing a vital role in facilitating property transactions and connecting buyers and sellers.
With its profound influence, Real Estate Brokerage impacts various sectors of the economy, including construction, finance, and insurance, creating a ripple effect that stimulates economic growth.
The economic magnitude of Real Estate Brokerage is substantial and shows an upward trajectory. According to recent data, the industry contributes trillions of dollars to the global economy annually.
Recent trends, breakthroughs, and obstacles have been shaping the Real Estate Brokerage industry. The rise of technology and online platforms, as well as changing consumer preferences and regulations, are transforming how brokers operate.
The landscape of Real Estate Brokerage is in constant flux, driven by market dynamics, technological advancements, and evolving customer demands. Understanding the top companies within this ever-changing industry is crucial for investors, professionals, and individuals navigating the real estate market.
Ranking
#25 LoopNet, Inc.
Employees: 0.5K
Revenue: 100M$
Website: https://www.loopnet.com
Description: LoopNet, Inc. is a leading online marketplace for commercial real estate properties. Headquartered in San Francisco, United States, LoopNet was founded in 1995. With a team of approximately 500 employees, the company connects buyers, sellers, and tenants in the commercial real estate industry. LoopNet's website serves as a platform for users to search for available properties, market their listings, and access detailed property information. The company generates revenue through subscription services, advertising, and premium listing features. With an annual revenue of 100 million dollars, LoopNet continues to be a trusted and reliable resource for the commercial real estate brokerage industry.
#24 Trulia, LLC
Employees: 1.5K
Revenue: 500M$
Website: https://www.trulia.com
Description: Trulia, LLC is a real estate brokerage company based in San Francisco, United States. Founded in 2005, Trulia operates in the real estate industry, providing an online platform for buying, selling, and renting properties. With a workforce of approximately 1.5K employees, the company generates annual revenue of around 500 million dollars. Trulia's website offers a comprehensive database of property listings, neighborhood information, and market trends, allowing users to make informed decisions when it comes to real estate transactions. The company's user-friendly interface and advanced search features make it a popular choice among homebuyers, sellers, and renters in the United States and beyond.
#23 Red Lion Hotels Corporation
Employees: 2.5K
Revenue: 750M$
Website: https://www.redlion.com/
Description: Red Lion Hotels Corporation operates in the Real Estate Brokerage industry. Headquartered in Denver, United States, the company was founded in 1959. With approximately 2,500 employees, Red Lion Hotels Corporation generates an estimated annual revenue of 750 million dollars. The company focuses on real estate brokerage services, facilitating transactions between buyers and sellers in the real estate market. Through its website, https://www.redlion.com/, Red Lion Hotels Corporation provides a platform for individuals and businesses to search for, list, and manage properties. The company strives to offer a seamless and efficient experience for both buyers and sellers, leveraging its expertise and network in the real estate industry.
#22 Choice Hotels International, Inc.
Employees: 1.0K
Revenue: 1.1B$
Website: https://www.choicehotels.com/
Description: Choice Hotels International, Inc. is a leading player in the Real Estate Brokerage industry. Headquartered in Rockville, United States, the company was founded in 1939. With approximately 1,000 employees, Choice Hotels operates a robust real estate brokerage business, providing services and support to buyers and sellers in the real estate market. The company's website, https://www.choicehotels.com/, serves as a platform for customers to explore available properties and connect with experienced real estate agents. Choice Hotels has achieved significant success in the industry, generating an estimated annual revenue of 1.1 billion dollars. Through its comprehensive services and strong market presence, Choice Hotels International, Inc. continues to be a trusted and reliable partner for individuals and businesses in their real estate transactions.
#21 CoStar Group, Inc.
Employees: 5K
Revenue: 1.2B$
Website: https://www.costargroup.com
Description: CoStar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. Headquartered in Washington, D.C., CoStar operates in the Real Estate Brokerage industry. The company was founded in 1987 and currently has approximately 5,000 employees. CoStar offers a comprehensive suite of data-driven solutions to help professionals in the commercial real estate industry make informed decisions. Their platforms provide access to extensive property information, market analytics, tenant information, and research reports. CoStar's online marketplaces connect buyers, sellers, and tenants with commercial properties available for sale or lease. With a revenue of 1.2 billion dollars, CoStar Group, Inc. is a trusted and widely recognized leader in the real estate industry.
#20 Redfin Corporation
Employees: 2.3K
Revenue: 1.2B$
Website: https://www.redfin.com
Description: Redfin Corporation is a leading Real Estate Brokerage company headquartered in Seattle, United States. Founded in 2004, Redfin operates primarily in the North American market. The company provides online real estate services, including buying, selling, and renting properties. Redfin's website and mobile app offer users access to a comprehensive database of homes for sale, allowing them to search and filter listings based on their preferences. Redfin also employs a team of real estate agents who provide personalized assistance to customers throughout the buying or selling process. With a workforce of approximately 2.3K employees and generating an annual revenue of 1.2B$, Redfin has established itself as a prominent player in the Real Estate Brokerage industry.
#19 Newmark Group, Inc.
Employees: 5.2K
Revenue: 1.2B$
Website: https://www.newmarkgroup.com
Description: Newmark Group, Inc. is a leading real estate brokerage company headquartered in New York City, United States. With a rich history dating back to 1929, the company has established itself as a prominent player in the real estate industry. Newmark Group operates globally, providing comprehensive services in commercial real estate, including leasing, investment sales, property management, and advisory services. The company's team of over 5,000 professionals brings extensive expertise and deep market knowledge to deliver exceptional results for their clients. Newmark Group has achieved significant success, generating an impressive revenue of 1.2 billion dollars. Through their innovative approach and commitment to excellence, Newmark Group continues to be a trusted partner for clients seeking top-tier real estate services.
#18 HFF, Inc.
Employees: 1.1K
Revenue: 1.2B$
Website: https://www.hfflp.com/
Description: HFF, Inc. is a leading real estate brokerage firm headquartered in Pittsburgh, United States. With over 1,100 employees, HFF provides a wide range of services in the real estate industry, including investment sales, debt and equity financing, investment banking, and advisory services. The company was founded in 1998 and has since grown to become one of the largest and most reputable firms in the industry. HFF has achieved significant success, generating annual revenue of 1.2 billion dollars. Through its expertise and extensive network, HFF continues to play a crucial role in facilitating real estate transactions and driving growth in the market.
#17 InterContinental Hotels Group PLC
Employees: 8.4K
Revenue: 2.0B$
Website: https://www.ihgplc.com
Description: InterContinental Hotels Group PLC (IHG) is a leading global hotel company operating in the Real Estate Brokerage industry. Headquartered in Denham, United Kingdom, IHG manages a portfolio of well-known hotel brands including InterContinental Hotels & Resorts, Crowne Plaza, Holiday Inn, and more. With a presence in over 100 countries, IHG focuses on providing exceptional accommodation experiences for business and leisure travelers alike. The company's comprehensive range of services includes hotel franchising, management, and ownership. IHG's commitment to innovation and sustainability has earned them numerous accolades in the hospitality industry. With a strong emphasis on guest satisfaction, IHG continues to drive growth and deliver value to its shareholders.
#16 Marcus & Millichap, Inc.
Employees: 2K
Revenue: 2B$
Website: https://www.marcusmillichap.com
Description: Marcus & Millichap, Inc. is a leading real estate brokerage firm operating in the Real Estate Brokerage industry. Headquartered in Calabasas, United States, the company was founded in 1971. With a workforce of approximately 2,000 employees, Marcus & Millichap specializes in providing brokerage services for commercial properties, including office buildings, retail centers, industrial facilities, and multifamily properties. The company has established a strong presence in the North American market and has a wide network of offices across the United States and Canada. Marcus & Millichap has achieved significant success and has generated an impressive annual revenue of 2 billion dollars, solidifying its position as a key player in the real estate industry.
#15 RE/MAX Holdings, Inc.
Employees: 140K
Revenue: 2.2B$
Website: https://www.remax.com
Description: RE/MAX Holdings, Inc. is a leading real estate brokerage company headquartered in Denver, United States. With a history dating back to 1973, the company has established itself as a prominent player in the real estate industry. RE/MAX operates in the North American market, providing a wide range of services including residential and commercial real estate brokerage. With a global network of skilled real estate agents, RE/MAX has achieved significant success and growth over the years. The company's website serves as a platform for buyers, sellers, and agents to connect and facilitate real estate transactions. With a workforce of approximately 140,000 employees, RE/MAX generates an annual revenue of 2.2 billion dollars.
#14 Sotheby's International Realty Affiliates LLC
Employees: 1.5K
Revenue: 2.5B$
Website: https://www.sothebysrealty.com
Description: Sotheby's International Realty Affiliates LLC is a prominent real estate brokerage company headquartered in Madison, New Jersey, United States. Established in 1976, the company operates in the real estate industry, specializing in luxury residential properties. With a team of approximately 1,500 employees, Sotheby's International Realty Affiliates has established itself as a leader in the global real estate market. The company's website serves as a platform for buyers and sellers to connect and explore a wide range of high-end properties across the world. Generating an impressive revenue of 2.5 billion dollars, Sotheby's International Realty Affiliates continues to facilitate the buying and selling of prestigious homes, providing an exceptional level of service and expertise to its discerning clientele.
#13 Zillow Group, Inc.
Employees: 5.5K
Revenue: 2.7B$
Website: https://www.zillow.com
Description: Zillow Group, Inc. is a leading real estate brokerage company based in Seattle, United States. Founded in 2004, the company operates in the Real Estate Brokerage industry. With a workforce of approximately 5,500 employees, Zillow Group provides a wide range of real estate services, including buying, selling, and renting properties. The company's website serves as a popular online marketplace for homebuyers, sellers, and renters, offering comprehensive listings, property information, and tools for mortgage calculation and home valuation. Zillow Group generates substantial revenue, with reported earnings of 2.7 billion dollars. Through its innovative technology and user-friendly platform, Zillow Group aims to simplify the real estate process and empower individuals to make informed decisions when it comes to buying or selling a property.
#12 Colliers International Group Inc.
Employees: 17K
Revenue: 3.0B$
Website: https://www.colliers.com
Description: Colliers International Group Inc. is a leading Real Estate Brokerage company headquartered in Seattle, United States. With a rich history dating back to 1976, the company has established itself as a prominent player in the industry. With a global presence, Colliers International operates in North America and various other continents, providing a wide range of real estate services. The company's team of approximately 17,000 professionals offers expertise in areas such as leasing, sales, property management, valuation, and advisory services. Colliers International has achieved significant success, generating an impressive revenue of 3.0 billion dollars. Through their comprehensive services and extensive network, Colliers International continues to be a trusted partner for clients across the real estate market.
#11 Keller Williams Realty, Inc.
Employees: 180K
Revenue: 4.5B$
Website: https://www.kw.com
Description: Keller Williams Realty, Inc. is a prominent player in the Real Estate Brokerage industry. Headquartered in Austin, United States, Keller Williams operates primarily in North America. Founded in 1983, the company has grown to employ approximately 180,000 professionals in its workforce. With a revenue of 4.5 billion dollars, Keller Williams has established itself as a major player in the industry. The company offers a wide range of real estate services, including buying, selling, and renting properties, as well as providing assistance and guidance to clients throughout the real estate process. Keller Williams Realty, Inc. is known for its strong commitment to its agents and providing them with the necessary tools and resources to thrive in the competitive real estate market.
#10 Hyatt Hotels Corporation
Employees: 55K
Revenue: 4.6B$
Website: https://www.hyatt.com
Description: Hyatt Hotels Corporation, based in Chicago, United States, is a prominent player in the Real Estate Brokerage industry. With a history dating back to 1957, Hyatt operates a portfolio of luxury hotels and resorts worldwide. The company focuses on acquiring, developing, and managing real estate properties for its hotels and resorts. Hyatt's extensive network spans across North America, Europe, Asia, and other regions globally. With over 55,000 employees, Hyatt generates an estimated annual revenue of 4.6 billion dollars. Committed to exceptional service and personalized experiences, Hyatt continues to thrive in the competitive real estate brokerage market.
#9 Wyndham Hotels & Resorts, Inc.
Employees: 20K
Revenue: 5B$
Website: https://www.wyndhamhotels.com/
Description: Wyndham Hotels & Resorts, Inc. is a leading player in the Real Estate Brokerage industry. Headquartered in Parsippany, United States, the company operates primarily in North America. Established in 1981, Wyndham Hotels & Resorts has grown to become a major force in the industry. With a workforce of approximately 20,000 employees, the company offers a wide range of real estate brokerage services, catering to both residential and commercial clients. Wyndham Hotels & Resorts generated a revenue of 5 billion dollars in the most recent fiscal year, solidifying its position as a key player in the market. Through its website, https://www.wyndhamhotels.com/, the company provides easy access to its services and resources, enabling clients to make informed decisions in their real estate transactions.
#8 AccorHotels
Employees: 30K
Revenue: 5.7B$
Website: https://group.accor.com/en
Description: AccorHotels, headquartered in Paris, France, is a leading player in the Real Estate Brokerage industry. Founded in 1967, the company has grown to become a major force in the global real estate market. With approximately 30,000 employees, AccorHotels operates a vast network of real estate properties and provides a wide range of services to buyers, sellers, and investors. The company's website serves as a comprehensive platform for real estate listings, market analysis, and industry news. AccorHotels has achieved impressive financial success, generating annual revenues of 5.7 billion USD. With its strong presence in the real estate brokerage sector, AccorHotels continues to be a key player in the global real estate market.
#7 Realogy Holdings Corp.
Employees: 12.6K
Revenue: 6.1B$
Website: https://www.realogy.com
Description: Realogy Holdings Corp. is a leading provider of residential real estate services in the United States. The company operates in the Real Estate Brokerage industry, offering a wide range of services including franchise sales, brokerage, relocation, and title and settlement services. Realogy's headquarters is located in Madison, New Jersey. With over 12,600 employees, the company serves both homebuyers and sellers through its well-known brand names such as Coldwell Banker, Century 21, and Sotheby's International Realty. Realogy generated approximately 6.1 billion dollars in revenue in the most recent fiscal year, solidifying its position as a major player in the real estate industry.
#6 Realogy Franchise Group LLC
Employees: 12.5K
Revenue: 6.4B$
Website: https://www.realogy.com/
Description: Realogy Franchise Group LLC is a major player in the real estate brokerage industry. Headquartered in Madison, United States, the company operates in North America. Founded in 2006, Realogy Franchise Group LLC has established itself as a leading provider of residential real estate services. With a workforce of approximately 12.5 thousand employees, the company offers a wide range of services such as franchise sales, business consulting, and technology solutions to its network of independent sales agents and brokers. Realogy Franchise Group LLC has achieved significant revenue growth, generating approximately 6.4 billion dollars in revenue. The company's commitment to providing exceptional real estate services has solidified its position as a trusted and respected brand in the industry.
#5 Cushman & Wakefield Plc
Employees: 53.5K
Revenue: 8.2B$
Website: https://www.cushmanwakefield.com/
Description: Cushman & Wakefield is a leading global real estate services firm operating in the Real Estate Brokerage industry. With its headquarters in Chicago, United States, the company has been providing expert advice and services in the real estate market since its founding in 1917. Cushman & Wakefield employs approximately 53,500 professionals worldwide, offering a wide range of services including leasing, property management, investment sales, and valuation. The company has established itself as a trusted partner for clients looking to buy, sell, or lease properties across various sectors including commercial, residential, and industrial. With a strong global presence and a proven track record, Cushman & Wakefield continues to be a prominent player in the real estate brokerage industry, delivering innovative solutions and driving success for its clients.
#4 Hilton Worldwide Holdings Inc.
Employees: 173K
Revenue: 9.1B$
Website: https://www.hilton.com
Description: Hilton Worldwide Holdings Inc. is a leading player in the Real Estate Brokerage industry. Headquartered in McLean, United States, Hilton operates numerous hotels and resorts across the globe. With a history dating back to 1919, the company has established itself as a trusted brand in the hospitality sector. Hilton employs approximately 173,000 individuals, offering a wide range of job opportunities in the hotel and real estate sectors. The company generates an estimated revenue of 9.1 billion dollars, making it one of the top players in the industry. Hilton's commitment to providing exceptional service and luxurious accommodations has contributed to its success and global recognition.
#3 CBRE Group, Inc.
Employees: 100K
Revenue: 15B$
Website: https://www.cbre.com
Description: CBRE Group, Inc. is a leading global real estate brokerage company headquartered in Los Angeles, California. With a history dating back to 1906, CBRE has established itself as a trusted name in the real estate industry. The company operates in various segments of the real estate market, including advisory services, transaction management, property management, and valuation services. CBRE's extensive network of professionals and offices across the globe allows them to provide comprehensive real estate solutions to clients worldwide. With over 100,000 employees, CBRE continues to be a dominant force in the real estate brokerage industry, helping clients buy, sell, lease, and manage properties of all types and sizes.
#2 Jones Lang LaSalle Incorporated
Employees: 94K
Revenue: 16.6B$
Website: https://www.jll.com/
Description: Jones Lang LaSalle Incorporated (JLL) is a leading real estate brokerage company headquartered in Chicago, United States. With a history dating back to 1783, JLL operates globally and offers a wide range of services in the real estate industry. The company provides expertise in commercial property sales, leasing, and management, helping clients with their real estate needs. JLL's comprehensive services cover various sectors including office, retail, industrial, and residential properties. With a team of approximately 94,000 employees worldwide, JLL has established itself as a trusted name in the real estate market. In 2020, the company reported revenue of 16.6 billion dollars, showcasing its strong presence and success in the industry.
#1 Marriott International, Inc.
Employees: 176K
Revenue: 22B$
Website: https://www.marriott.com
Description: Marriott International, Inc. is a global leader in the Real Estate Brokerage industry, headquartered in Bethesda, United States. Founded in 1927, the company has grown to employ approximately 176,000 individuals worldwide. With a revenue of 22 billion dollars, Marriott International operates a vast network of real estate properties, providing brokerage services to clients across the globe. The company's extensive portfolio includes luxury hotels, resorts, and residential properties, offering a wide range of options for investors, buyers, and sellers in the real estate market. Through its strategic partnerships and innovative approach, Marriott International continues to be a prominent player in the real estate brokerage industry, facilitating successful transactions and delivering exceptional value to its clients.
Summary
The real estate brokerage industry has seen significant growth in recent years, with several top companies emerging as leaders in the field. These companies have achieved impressive rankings and accomplished notable milestones in the industry.
One unexpected finding is the impact of technological advancements on the real estate brokerage industry. Companies that have embraced digital platforms and innovative tools have gained a competitive edge and experienced rapid growth.
Among the premier companies in the real estate brokerage sub-industry are Keller Williams Realty, RE/MAX, and Coldwell Banker. These companies have established themselves as industry leaders through their strong market presence and exceptional performance.
One shared element among these top firms is their emphasis on agent training and development. They invest in comprehensive training programs to equip their agents with the necessary skills and knowledge to excel in the industry. Additionally, these companies prioritize customer service and strive to provide an exceptional experience for both buyers and sellers.
What sets these eminent companies apart from their industry rivals is their strong brand recognition and reputation. They have successfully built trusted brands that are synonymous with excellence and reliability. Furthermore, these companies have embraced technology to enhance their operations, offering innovative tools and platforms for clients and agents alike.