SOURCE: RealtyTrac

RealtyTrac

April 22, 2016 07:00 ET

Real Trends 500 Report Ranks HER Realtors Among Nation's Largest Real Estate Firms

COLUMBUS, OH --(Marketwired - April 22, 2016) - HER Realtors headquartered in Columbus, Ohio, has been ranked in the top ten percent of real estate brokerages firms, according to the 2016 REAL Trends 500 report, an independently verified compilation of the nation's leading residential real estate companies.

According to a recent research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the nation closed over 2.9 million residential sales transactions in 2015. Included in the REAL Trends 500 is HER Realtors, which ranked number 35 in the REAL Trends 500 with 11,636 residential transaction sides closed last year. "2015 was an amazing year of growth," states Michael Mahon, President of HER Realtors. "Our Organization is grateful to the residents and communities that our Associates continue to serve in achieving the American Dream of Homeownership."

This year's survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms.

"Housing sales in the nation were up 9.5 percent in 2015 from 2014 marking one of the strongest years since the downturn in the 2005-2010 period," said Steve Murray, president of REAL Trends. "However, firms ranked in the REAL Trends 500 were up 13.1 percent well outperforming the national housing market." 

"It took 1,702 transactions to be included on this year's REAL Trends 500, up from a minimum of 1,495 transactions a year ago. In 2014 there were 170 firms recording over $1 billion in residential sales while there were 209 firms that accomplished this in 2015. It was an incredible year for the nation's leading residential real estate brokerage firms," said Murray.

To view the rankings, go to https://www.realtrends.com/rankings/rt500. To purchase a copy of the 2016 REAL Trends 500 publication, go to https://www.realtrends.com/store/index.php?route=product/product&product_id=113.

About HER Realtors

Founded in 1956, HER Realtors is the country's largest agent-owned real estate firm and is consistently recognized as one of the most innovative, technologically advanced, and award-winning firms in the country. With 1,000 associates and 60 offices throughout Ohio and Northern Kentucky, HER Realtors offers a full-range of services to its clients including residential and commercial real estate sales, property management and rental services, mortgage, title services, insurance, home warranties, and other home-related, lifestyle services. To learn more, visit www.HERRealtors.com

About REAL Trends

REAL Trends has been The Trusted Source for news, analysis and information about the residential real estate industry since 1987. We are a privately-held publishing, communications and consulting company based in Castle Pines, Colo. Residential real estate leaders look to us for timely and trusted information and analysis through our yearly event, the Gathering of Eagles, and our monthly newsletter, TechTouch, and other publications.

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Contact Information

  • Contact: 
    Leanne Chylik
    Chief Marketing Officer
    HER Realtors
    614-273-8570