Global Real Estate Network Exceeds $351B in Sales
Global Real Estate Network Exceeds $351B in Sales
Chicago-based Leading Real Estate Companies of the World has announced its most recent sales statistics for 2015, reflecting ongoing dominance in the residential real estate market. Network affiliates produced over one million transactions valued at $351 billion in home sales last year, outperforming its closest network competitor by $86 billion, which further widened the margin over the previous year.

Leading Real Estate Companies of the World affiliates had 27 percent of the total sales among the top 500 firms in the U.S., outselling all other networks in home sales by 48 percent, according to REAL Trends 500, a ranking of the largest U.S. companies by transaction sides and sales volume. Members also represented 14 of the top 25 firms in the U.S. in sales volume among this prestigious group.

"The strength of these numbers says so much about the collective power of our member firms, illustrating how the focus on quality yields quantity in terms of sales," says Pam O'Connor, LeadingRE president/CEO. "By pairing each firm's local leadership with the global connections and resources LeadingRE provides, we have created an undeniable force in real estate."

Figures for the top 500 firms are verified and published by REAL Trends. Figures for total sales of all networks are estimated by using average sales units per agent for each network's firms in the REAL Trends 500, multiplied across each network's entire agent population.

For more information, visit www.LeadingRE.com.