FOR IMMEDIATE RELEASE
Prudential Georgia Realty Named One Of The
Atlanta, GA (May 14, 2013) - Prudential Georgia Realty was recently recognized by REAL Trends, Inc. and RISMedia as one the top real estate firms in America. The REAL Trends 500 ranked Prudential Georgia Realty #32 in residential transactions which is the highest performance for any brokerage company in Georgia. The RISMedia Top 500 Power Broker report ranked Prudential Georgia Realty #30 in residential transactions. Again, this is the highest performance for any brokerage in Georgia. Number two on both lists of the nation’s largest firms is HomeServices of America Inc. headquartered in Minneapolis, MN with 151,017 transactions and over $42 billion in sales volume for 2012. HomeServices of America Inc., is a Berkshire Hathaway affiliate and in March announced the acquisition of Prudential Georgia Realty.
According to a recent research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the nation controlled just over 2 million residential sales transactions in 2012. The transactions represent close to 29.8 percent of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500 represented less than three-fifths of one percent of all brokerage firms. The 2013 REAL Trends 500 is a compilation of a nationwide study of leading residential real estate companies conducted by REAL Trends, the trusted source for useful and timely information. Numbers are documented by outside accounting firms.
According to RISMedia, this year’s 1,000 Power Brokers collectively amassed $767,983,687,087 in sales volume for 2012 and 2,985,668 in closed transactions. This represents a more than $158 billion increase in sales volume over 2011. While they had expected 2012 to be a transitional year as housing began the gradual process of recovery, these expectations were widely exceeded and many brokers closed the year in much better shape than they had anticipated.
Dan Forsman, President & CEO of Prudential Georgia Realty said “We are honored by these rankings and applaud our associates on their outstanding performance. Our leadership team and sales professionals faced one of the most difficult real estate markets in the nation during the great recession. We saw this as both a challenge and an opportunity. Our team worked very closely with our agents to help them weather the storm and transform their businesses. We made strategic investments in marketing, technology, coaching, training and support services that made our agents more valuable to their clients. Now that the market is improving, our agents are in a great position for the future.”
Prudential Georgia Realty was ranked the #1 residential real estate company by the Atlanta Business Chronicle for 2012, 2011 and 2010. The major companies that report broker performance results including Trendgraphix, RealValuator and SmartNumbers rank the company #1 in overall transactions, listing sales and buyer sales for 2012, 2011, 2010 and 2009. Real Trends ranked Prudential Georgia Realty among the top 17 firms in the nation for their performance over the past 10 years. The company has established itself as the clear leader for Atlanta real estate.
About Prudential Georgia Realty: Prudential Georgia Realty is a diversified real estate brokerage with major operations in residential real estate, new homes, corporate relocation, property management, REO Services and commercial real estate. The company has 20 locations and over 1,000 Realtors® across Metro Atlanta and has been serving clients in Metro Atlanta for over 50 years. Prudential Georgia Realty is owned by HomeServices of America, a Berkshire Hathaway Affiliate. Prudential Georgia Realty currently operates as a broker member of BRER Affiliates, LLC. Prudential, the Prudential logo and the Rock symbol are registered service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential. Equal Housing Opportunity. See Atlanta real estate, Atlanta new homes, search by neighborhood, search by school district, search rentals and much more at PrudentialGA.com.
For additional information regarding REAL Trends, Inc. visit http://www.realtrends.com/.
For additional information regarding RISMedia, visit http://www.rismedia.com/.