Key points:
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Eight real estate brokerages stole the show, shimmying their way onto Entrepreneur magazine’s Franchise 500 list.
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Keller Williams walked away with the crown, locking in the number one spot among real estate brokerages and snagging an overall ranking of 17.
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Other stars of the runway included Re/Max, in the second spot for real estate and 30 overall, and eXp Realty claiming the third real estate spot and 88 overall.
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HomeSmart, Realty One Group, and United Country Real Estate were also in the mix, showing that there’s more than just a few big names in the game of thrones.
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The list is compiled based on growth, financial strength, and stability, among other business 007-esque factors.
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Residential real estate franchises performed exceptionally well, not just securing spots on the list but also sitting pretty with high rankings.
Hot Take
So, grab some popcorn because the real estate industry is turning into a smashing TV series of its own. It seems it’s no longer just about selling properties: it’s about global domination – sort of like a dramatic Monopoly game, but with more suspense, plot twists, and savvy business moves. All hail Keller Williams, crowned the king of franchise mountain, and tipping its hat to Re/Max and eXp Realty for their place in the royal court. Remember though, the game isn’t over until the last property is sold, and there’s lots more drama to unfold in the next season of the real estate world. Let’s hope this riveting show doesn’t get canceled – the economy kind of depends on it.
Original article: https://www.inman.com/2024/02/07/realty-one-group-re-max-keller-williams-rank-on-franchise500-list/
