The Real Estate sector has been seen as a major development sector post Covid-19. Prior to the pandemic the investment and property rate was in a reasonable range. But the pandemic wave has brought a massive boom in the real estate sector. The rate of properties has increased or almost doubled in the last three years. The investment in the land and purchase of homes in recent years is an aim of every individual in order to safeguard one from unprecedented circumstances. Explore the USA’s top real estate companies, guiding you to success in property investments and transactions.
In the USA, the investment in the sector was in demand as more Americans are looking for real estate as a secured and long term investment alternative.
In this boom period of the property sector and related fields, investment in the real estate company can be a good option which can generate a solid return in the portfolio.
This article will give you deep insight of the top Real Estate Companies in the USA.
1. Re/Max
Real Estate Maximuma is an American real estate company founded in 1973 by Dave Liniger and Gail Main. Initially the company was started as a commission based company where agents will keep all their commission and pay a share to their broker for office expenses.
The company is famous for its hot air balloon logo introduced as a part of “Above the crowd” campaign. The company has made many expansions since its inception and in 2013, the company went public and listed on the New York Stock exchange. The company owns two subsidiaries namely Re/Max LLC and Re/Max Holdings.
2. Redfin
Founded in 2004 by David Eraker, Michael Dougherty, David Selinger. The company is based in Seattle, USA. The major business of the company involves residential real estate brokerage and mortgage service. The company is the major player in the market and has a market share of around 0.8% in the USA. In around 19 years since foundation, the company has captured a significant market of the sector in the country and has reported robust numbers in terms of revenue and earnings. The company is listed in the US Stock exchange Nasdaq.
The company has acquired many related sectoral companies for its expansion.
In 2014, the company acquired Walk Score.
In 2021, RentPath was acquired for $608 million and in 2022, the company acquired Bay equity Home Loans for $1378 million.
3. Homeservices of America and Berkshire Hathaway Homeservices
Founded in 1998, it is the largest residential real estate company in America. The company provides brokerage, mortgage, insurance services, property insurance and related services.
Since the inception of the company the company has changed hands to many promoters. In 1999, Berkshire Hathaway acquired the company as a major holding in the company. The company is committed to attract, create and develop opportunities for the people.
The company aims to unify their collective skills, talent and perspective to develop a culture where everyone feels welcomed, respected, accepted and valued.
4. Compass
Compass Inc was founded in 2012 in New York by Ori Allon, Robert Reffkin and Avi Dorfam. The company provides residential real estate broking services in America. The company has a strong network of around 28000 agents and has a significant market share in the sector of around 4.5%. In 2013, the company raised $8 million as seed fund and in 2021 the company got listed in the New York Stock exchange. The company has made around 23 acquisitions so far since its inception with the latest acquisition done in April 2023 of Launch Real Estate company (an Arizona based brokerage company). The company was also awarded with many awards for its service and performance in the sector. Apart from the brokerage service company also offers loans facilities to their customers.
5. Keller Williams Realty
Gary Keller and Joe Williams started the company in 1983 as an American technology and international real estate company based in Texas. In 2022, the company ranked as the largest real estate franchise in the USA in terms of sales volume. The company has expanded its business and in 2007, it launched Luxury Homes.
The company also runs a charitable organisation known as KW cares which works to help local communities and associates of the company and their families to deal with hardships and emergencies.
6. eXp Realty
Another top real estate company eXp is a residential property broker company founded in 2009. The company is described as the first cloud based brokerage company in the world. The company has a large network of sales associates and agents. As per the information gathered the company has more than 90000 agents and it operates in 25 countries with major in America. The company has been listed on the stock exchange since 2008. EXp has strong financial results with revenue of $1.2 billion in FY 2022.
7. Coldwell Banker realty
Another largest realty company founded in 1906 in San Francisco with around 3000+ offices in 49 countries in the world. The company was founded by Colbert Coldwell, Albert Nion, Tucker, John Conant Lynch. Initially the company was started as a partnership and became a corporation in 1961. Later on in 1968, the company became public. The company went on many hands since its inception. Currently the company is owned by Anywhere real estate company based in New Jersey.
8. Douglas Elliman
An American real estate company providing brokerage services for properties in the USA was founded in 1911 in Manhattan. The company has a strong network of agents with around 7000+ registered agents and has a large operation area with 113 offices in New York and across the USA. In 2003, the company was bought by Montauk Battery Realty. The company is listed in the New York stock exchange and has many regional branches across the USA. Apart from the business operations, the company has a great history of philanthropist work. In 2013, the company donated $100,000 to the Southampton hospital Foundation.
9. Sotheby’s International Realty
One of the luxury estate brands Sotheby’s International Realty provided broking and marketing services of real estate. The company was founded in 1976 and provides its services to multinationals with major business in the USA. The company is a subsidiary of Anywhere Real estate Inc. Company has a strong and wide network of brokers and sales associates. The company also published its semi-annual magazine “Reside” on real estate and lifestyle. Sotheby’s has a revenue of $204 billion in the last year and operates in more than 80 countries.
10. American Tower
Founded in 1995, American Tower is a real estate investment trust based in Massachusetts. The company ranks 375th in the Fortune 500 list of 2022. The company owns and operates a wide network of wireless broadcast and communication infrastructure. The company is listed on the New York stock exchange and has acquired Coresite (as a subsidiary), a colocation and peering service providing company.
Apart from this, the company also owns companies in the related sector and has made investments in many companies.
Conclusion: These are the top real estate companies in the USA. The sector has been seen as growing in recent years. The investment in the sector is rising and has a positive outlook in the near future.
