(RISMedia-Norwalk, CT)— McColly Real Estate, headquartered in Schererville, IN, recently announced its inclusion in the Top 500 national ranking of real estate brokerage firms in RISMedia’s 29th Annual Power Broker Report. McColly Real Estate reported 4,922 closed residential transactions in 2016, and a total sales volume of $832,028,506.
This year’s Power Broker Report is based on responses to RISMedia’s 2017 Power Broker Survey, distributed in early January. More than 1,400 real estate firms from across the country completed the Power Broker Survey, with the top 1,000 reporting a collective 3,648,075 closed residential transactions in 2016, accounting for more than $1.16 trillion in sales volume.
Now in its 29th year, the Power Broker Report has long honored the incredible business feats of remarkable real estate leaders—and brokerage firms—who continue to shape our industry. Each April, RISMedia’s Real Estate magazine highlights the Top 500 Power Broker firms according to sales volume and transactions.
RISMedia President & CEO John Featherston congratulated McColly Real Estate for their prestigious ranking in this year’s Power Broker Report. “Consumers today are utilizing the professional skills of Realtors more than ever before and the firms represented in RISMedia’s Power Broker Report are the nation’s most elite brokerage firms serving literally millions of these home buying and selling consumers with their real estate needs.” Featherston said. “2016 was a growth year for many real estate firms across the country as the Power Brokers continued to infuse the latest in technological tools and professional skills to help their neighbors achieve their personal homeownership goals and objectives, despite continued inventory shortage in many areas. Today’s homebuyers and sellers need a trusted, credible real estate professional to help them understand the opportunities in today’s market and how to overcome the obstacles that may be holding them back. Being ranked in RISMedia’s Power Broker Report validates your firm’s reputation as a trusted resource for today’s real estate consumers.”
RISMedia’s Annual Power Broker Report ranks firms by closed transactions and sales volume for the prior year. The Top 500 rankings appear in the April issue of Real Estate magazine and online at rismedia.com. The complete ranking of the Top 1,000 firms, according to both sales volume and transactions, will be available later this spring at rismedia.com.
RISMedia’s 29th Annual Power Broker Report & Survey is based on results garnered from a survey distributed via email and available online at rismedia.com. The survey ranks residential real estate brokerage firms according to closed residential transaction numbers and closed residential sales volume for the year 2016. All sales and transaction data is submitted directly by brokerage firms and verified by the firm’s financial executives, outside accounting firms and/or corporate franchise headquarters.
For more information, please visit www.rismedia.com.