Pacific Sotheby’s International Realty is pleased to be named in two national rankings released in March, Real Trends 500 and RISMedia’s Power Broker report.
The company is ranked No. 18 on the annual REAL Trends 500 survey of the top U.S. residential real estate brokerages, based on closed sales volume, and No. 17 on the RISMedia Power Broker Report.
With more than $6.1 billion in sales volume, up more than 50% over 2017, Pacific Sotheby’s International Realty achieved 5,158 closed transactions at an extremely high average sales price of $1,182,284 in 2018.
“Our rankings are a direct reflection of the dedication our agents have for their profession and their clients, combined with our commitment to extraordinary service, marketing, and unrivaled global reach,” said Steve Games, CEO and Managing Partner of Pacific Sotheby’s International Realty.
With over 1,700 companies across the country submitting production data for 2018, the Real Trends 500 recognizes top-performing brokerages. This year’s survey represents the most comprehensive collection of data assembled on the leaders of the residential real estate industry.
RISMedia’s 2019 Power Broker Report ranks the top 500 brokerages based on 2018 sales volume. RISMedia also collects data and insights from the survey responses of the top 1,000 ranked respondents, yielding unique insights into the real estate industry in their annual report.
Pacific Sotheby’s International Realty supports over 1,100 elite real estate professionals in 32 offices throughout Southern California, making the firm the top privately owned real estate brokerage in California and one of the largest Sotheby’s International Realty franchises in the brand’s global network.