New Franchise 500 Data Shows Real Estate Concepts on the Rise Due to Booming Home Prices

A post-pandemic housing boom has led to major successes for the world’s top real estate franchises, the latest Franchise Times Top 500 shows. The list shows that 90% of brands climbed the ranks from the prior year, celebrating sales growth and record purchases.

With the median home price in the United States reaching over $400,000 for the first time ever this spring, many real estate companies had monumental years in terms of revenue. The ten brands on the Top 500 saw a combined 30.9% increase in sales.

Re/Max, which placed at #9, recorded sales of $16.1 billion in 2021. The brand was previously listed at #12, with $11.4 billion in 2020. Keller Williams was the next real estate franchise on the list, at #11. The company’s sales increased more than 31% in 2021, bringing in $13.5 billion in revenue and moving it up three spots from the year prior. 

Some real estate companies saw record sales increases, with Iron Valley Real Estate coming in at #422, experiencing a whopping 89.3% uptick. United Real Estate climbed 16 spots to #160, recording a 59.9% rise in sales. And Realty One Group moved up 15 spots on the ranking to #88, increasing sales by 45.1%.

“As home prices across the nation rise, we coach our real estate professionals on how to generate more leads, work the market they have and have a do-what-it-takes mindset,” Kuba Jewgieniew, founder and CEO of Realty ONE, told Franchise Times. “Our business strategy since day one has been to focus on the real estate professional, giving them everything they need to build a more successful career and even a better life and legacy for future generations.”