NRT LLC was ranked as the No. 1 residential real estate brokerage firm in the United States by the REAL Trends 500. The REAL Trends 500 is an annual research report that identifies the country's largest and most successful residential brokerage firms as ranked by closed transaction sides and separately by closed sales volume. Based on transaction sides and sales volume for 2010, NRT was ranked No. 1 in both categories for the 14th consecutive year.
"We are proud to have earned this recognition from REAL Trends, which underscores the tremendous efforts put forth by our sales associates to exceed their clients' expectations," said Bruce Zipf, president and CEO, NRT LLC. "It is especially rewarding that during these challenging economic times, our local operating companies continue to perform well within their respective markets."
In 2010, NRT, which operates Realogy's company-owned real estate brokerage offices, recorded $112.9 billion in closed sales volume and 259,114 transaction sides on a pro forma basis, meaning these figures include acquisitions as if they had occurred at the beginning of the year. NRT's 2010 sales volume increased by $5.8 billion from 2009, giving it the largest increase among all ranked companies. NRT's annual gains were twice as large as that of the next-closest brokerage firm by sales volume.
About NRT LLC
NRT LLC is the nation's largest residential real estate brokerage company, with approximately 740 company-owned offices, 43,000 sales associates operating in 35 major metropolitan areas. NRT, its affiliated companies, marketing partners or joint ventures provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to NRT's family of companies. A subsidiary of Realogy Corporation, NRT operates Realogy's company-owned real estate brokerage offices. Realogy is a leading global provider of real estate and relocation services.
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