RE/MAX nabbed the title as largest real estate franchisor in the U.S., according to the 2013 Franchise Times Top 200 Franchise Systems rankings.
RE/MAX also came in No. 14 as the largest U.S.-based franchise in any industry in worldwide sales volume, the report found. Franchise Times evaluated 500 U.S.-based franchises’ 2012 sales volumes. Seven residential real estate brands were included in the report.
RE/MAX made headlines last week, raising $225 million in an initial public offering. It has boosted its global sales by about 10 percent -- or $681 million -- from 2011 to 2012, which helped the franchise to jump two spots from its ranking last year, the report notes.
Here is how the real estate franchises stacked up in the 2013 Franchise Times report:
1. RE/MAX
Worldwide sales volume, 2012: $7.4 billion
No. of franchised offices in U.S.: 3,314
Ranking by global sales volume: 14
Worldwide sales volume, 2012: $7.4 billion
No. of franchised offices in U.S.: 3,314
Ranking by global sales volume: 14
2. Coldwell Banker
Worldwide sales volume, 2012: $4.5 billion
No. of franchised offices in U.S.: 2,446
Ranking by global sales volume: 26
Worldwide sales volume, 2012: $4.5 billion
No. of franchised offices in U.S.: 2,446
Ranking by global sales volume: 26
3. Century 21 Real Estate
Worldwide sales volume, 2012: $4 billion
No. of franchised offices in U.S.: 2,500
Ranking by global sales volume: 28
Worldwide sales volume, 2012: $4 billion
No. of franchised offices in U.S.: 2,500
Ranking by global sales volume: 28
4. Keller Williams Realty
Worldwide sales volume, 2012: $3.2 billion
No. of franchised offices in U.S.: 647
Ranking by global sales volume: 36
Worldwide sales volume, 2012: $3.2 billion
No. of franchised offices in U.S.: 647
Ranking by global sales volume: 36
5. Prudential Real Estate
Worldwide sales volume, 2012: $2.7 billion
No. of franchised offices in U.S.: 1,400
Ranking by global sales volume: 45
Worldwide sales volume, 2012: $2.7 billion
No. of franchised offices in U.S.: 1,400
Ranking by global sales volume: 45
6. Sotheby’s International Realty
Worldwide sales volume, 2012: $1.2 billion
No. of franchised offices in U.S.: 403
Ranking by global sales volume: 79
Worldwide sales volume, 2012: $1.2 billion
No. of franchised offices in U.S.: 403
Ranking by global sales volume: 79
7. ERA Real Estate
Worldwide sales volume, 2012: $613 million
No. of franchised offices in U.S.: 571
Ranking by global sales volume: 113
Worldwide sales volume, 2012: $613 million
No. of franchised offices in U.S.: 571
Ranking by global sales volume: 113
View REALTOR® Magazine’s 2013 Franchise Report to see how 32 different real estate franchise brands stack up.
Source: “Re/Max retains top global real estate franchisor spot,” Inman News (Oct. 9, 2013)
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http://realtormag.realtor.org/daily-news/2013/10/11/and-largest-real-estate-franchisorhttp://www.rebeccasellsaz.com/
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