NRT Ranked as No. 1 Residential Real Estate Brokerage Company by REAL Trends for 13th Consecutive Year

PARSIPPANY, N.J. - May 6, 2010

NRT LLC announced today that it was again ranked the No. 1 residential real estate brokerage firm in the United States in the REAL Trends 500 annual survey, which is now available online at www.realtrends.com. This is the 13th consecutive year in which NRT has earned the top spot nationwide for both closed sales volume and closed transaction sides from REAL Trends, a leading provider of trends and research for the residential real estate service industry.

In 2009, NRT recorded approximately $107 billion in closed sales volume and 274,179 transaction sides. A transaction side is either the buyer side or the seller side in a real estate transaction. Brokerage companies like NRT receive commissions from representation of either one or both sides of a transaction.

"NRT's steadfast focus on organic growth proved to be an effective strategy during a dynamic market cycle," said Bruce Zipf, president and chief executive officer for NRT. "While 2009 continued to provide a challenging environment for the industry, our No. 1 ranking clearly indicates that our well-established and knowledgeable local operating companies are well positioned in their marketplaces to leverage the many strengths of our national enterprise to provide clients with truly remarkable service."

Operating in 35 major metropolitan areas, NRT LLC is the nation's largest residential real estate brokerage company with approximately 750 offices and 45,000 sales associates. A subsidiary of Realogy Corporation, NRT (www.nrtllc.com) operates Realogy's company-owned real estate brokerage offices under the world-renowned brand names of Coldwell Banker®, Coldwell Banker Commercial®, ERA®, Sotheby's International Realty® and The Corcoran Group®. NRT, its affiliated companies, marketing partners and joint ventures provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to NRT's family of companies. Realogy Corporation (www.realogy.com) is a leading global provider of real estate and relocation services.


Press Release Index
Home | About Our Company | The NRT Family | NRT in the News | Contact Info