Real estate agency honored for Outstanding Brokerage
July 13, 2017
One of the greatest challenges for local real estate in the area is to watch buyers struggle to decide if they want a house or not.
Although it's mainly a seller's market these days — where the economy is supply and demand driven — the team of 14 at Carson City's RE/MAX push through those obstacles on a regular basis, making it rank No. 1 region wide.
With that, offices in Reno, Carson City and Gardnerville received Outstanding Brokerage of the Year for 2016, in the Southwest Region of RE/MAX realty affiliates.
In 2016, the team outsold the nearest competing real estate brokerage by over 25 percent, with over $86 million dollars in total sales volume. For year to date, the team is on top by a 30 percent margin, with total sales volume at $48 million, making it the most productive real estate brokerage in the area by a large margin.
According to the RISMedia Power Broker Report, the RRA offices in each location ranked 358 for sales volume, among other real estate brokers across the United States.
RE/MAX Realty Affiliates ranked among the 50 most productive brokerages in the United States, based on home sales data in the prestigious 2016 REAL Trends 500 survey. The real estate company placed 47th with an average 20.2 transaction sides per agent.
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Phil Reith, broker sales-manager said to be in the top 500 is quite a achievement but to break into the top 50 is even better.
Each team obtained a framed award in April.
"In a nutshell, we are the most productive real estate in Northern Nevada," Reith said. "We want to maintain our competitive advantage that consumes our clients."
Reith said there are at least 150 RE/MAX affiliates nationally, and along with Nevada, Arizona and New Mexico are a part of the Southwest Region.
He also said the office in Gardnerville is ranked No. 1 in the Carson Valley, while the Carson City office ranks at the top in the area.
As for Reno, it's a three-office company — and for them to be a part of the outstanding brokerage status is rewarding, as it's more competitive in the area.
As far as the housing market goes, Reith said this past year has been a strong one for the area,
"Even though inventory levels are low, we're moving up and moving forward," he said. "We're humble for this recognition."
The Southwest Region teams were also awarded "Highest Average Transactions per Associate" for the state of Nevada.