- Published on Saturday, 30 June 2012 00:15
- Written by Super User
Rankings in the recently-released 2012 REAL Trends 500 report make it very evident that the merger of Coldwell Banker Sea Coast Realty and Coldwell Banker Advantage earlier this year has created a regional real estate powerhouse and reflect a continued upturn in to real estate market. The REAL Trends 500 report is released annually by REAL Trends, Inc., the residential real estate industry’s leading source of analysis and information. The REAL Trends 500 report ranks the country’s top residential real estate companies by closed transactions and by sales volume. In 2011, Coldwell Banker Sea Coast Advantage closed 6,757 sales, a 4.8% increase over Coldwell Banker Sea Coast Realty and Coldwell Banker Advantage’s sales figures from 2010. This year, the company ranked No. 55 in the list of “The 500 Largest Brokers in the U.S.” ranked by closed transactions. Last year, Sea Coast Realty ranked No. 120 and Advantage ranked No. 129.
Coldwell Banker Sea Coast Advantage closed $1,267,352,456 in sales volume in 2011, propelling the company to No. 83 in the list of “The 500 Largest Brokers in the U.S.” ranked by sales volume. Last year, Sea Coast Realty ranked No. 140 and Advantage ranked No. 145. Coldwell Banker Sea Coast Advantage ranked #5 out of more than 1,000 Coldwell Banker affiliated companies in the United States. Last year, Sea Coast Realty ranked No. 16 and Advantage ranked No. 17.
Coldwell Banker was ranked as the country’s #1 real estate franchise this year, closing more than $117 billion in sales and more than twice as many sales transactions as the next leading real estate franchise. Locally, Coldwell Banker Sea Coast Advantage performed similarly well. In 2011, it closed more than 2.5 times as many sales as the next leading company.
Coldwell has claimed the title as southeastern North Carolina’s top selling real estate company for 12 years in a row. "We are extremely proud of our entire organization for the continued success,” said Sea Coast Advantage president Tim Milam. “Our firm continues to outperform the current market conditions and competitors, plus 2011 was a phenomenal year. We are fortunate to have professional sales associates, staff, and managers who maintain a high level of service to our customers and clients." About Our Company: For more than a decade, Coldwell Banker Sea Coast Advantage has been southeastern North Carolina’s largest and best-selling real estate company. It operates ten offices with approximately 300 sales associates and staff in New Hanover, Brunswick, Pender, & Onslow counties. For more information, please visit SeaCoastRealty .com. The company is part of a regional powerhouse, together with Coldwell Banker Advantage, it boasts a sales team of more than 600 agents and 26 sales offices in Raleigh, Wilmington, Fayetteville, Jacksonville and other Eastern North Carolina markets.