Real estate is a vast and competitive business; there are thousands of huge real estate brokerage companies in the USA. Real estate companies are working hard and doing their best to become bigger and better.
In this blog, we will talk about five top real estate companies that have made their names in selling and purchasing houses. If you are also looking for one, here is a list.
Who is a real estate broker?
A real estate broker is a professional holding a state license and handling all the real estate transactions. He is responsible for buying, selling, and renting various types of properties. A professional real estate broker has sound knowledge of his field and industry and knows all the facts, laws, and regulations.
Real estate brokers sometimes work independently, while some opt to work with an agency. They are highly regulated, and without passing the exam, they cannot legally get the license to run any business. However, these requirements to become a broker vary from state to state.
What is a real estate brokerage company?
A real estate brokerage company is a company that a licensed broker runs. The company is operated and owned by a principal broker; more licensed brokers are hired to work for the company. The real estate company that runs and operates the business must also be affiliated with the principal broker's license.
What are the responsibilities of a real estate broker?
A professional and expert real estate broker works well and, according to the law, to work for themselves or their agency to buy, sell, or rent any real estate property. The real estate broker has the skills and ensures that all the transactions are executed properly. They help their clients and deal with other brokers to get the deal done.
A real estate broker is responsible for several other things, including:
1. A real estate broker creates a marketing plan for other brokers.
2. They set goals for other brokerages.
3. They are responsible for record-keeping and risk management.
4. They mentor other new agents
5. They are responsible for real estate transactions.
6. They hire new real estate agents.
7. They help lease brokerage office space.
8. They hire administrative personnel.
9. They train other new agents.
10. They are responsible for property management.
11. They are responsible for writing contracts
12. They supervise all the sales and purchase activities of commercial properties, lands, and homes.
Top 5 real estate brokerage companies in the USA
If you are looking for a real estate brokerage company in the USA for the sale and purchase of your property, or you wish to join any real estate company to start a career, the following are the companies you need to consider. Almost every region has its big shots companies, but these top five companies must be explored.
1. Coldwell Banker Real Estate
Coldwell Banker real estate was founded in 1906, and this company has almost 100 years of experience working in this field with those dealing with real estate. It successfully runs the business in 49 countries and has 3000 offices, maintaining an impressive image. They have brokerage offices in almost every state of the USA, so no matter if you are looking for a luxurious house internationally or need something in your locality, they have you covered.
2. Century 21
This well-known real estate firm is an industry giant. It was founded in 1971, yet it meets all the modern standards. The agents in Century 21 work hard to make it the latest and most advanced real estate company in the market. They keep up with market trends, and their website proves that. They have almost 7000 offices in 74 countries. It is one of the best companies if you wish to start your career, and if you need experts to deal with your real estate property, they have 100,00 agents to help you make the best decision.
3. RE/MAX
When talking about the top real estate brokerage companies, RE/MAX is another market leader. They are still relatively younger than the first two companies; it has been almost 50 years. Their great track record makes them stand amongst the best brokerage companies. They have 7000 offices in more than 90 countries; they also have 100,00 agents working for them globally. Their claim to fame is the selling service which sets their benchmark higher than their competitors.
4. Keller Williams Realty
Keller Williams Realty is a leading real estate brokerage company in the USA. They have the best selling and buying home service worldwide and the highest number of real estate agents worldwide. In less than 50 years, they have made their positions to the top, and the reason for their success is their 70/30 model, which means 70 is for agents and 30 is for brokers. Although they are relatively new, with the pace they are moving forward, there will surely be no coming back. If you are looking for the best real estate agents, this is the place you need to contact.
5. LL RE Group
Just like Keller William Realty, LL RE Group is a new company. The company was founded in 2016, and since then, they have sold more than 150 houses worth more than $75.000.000. They have highly professional and competent real estate agents. If you are looking for a new but progressive company LL RE Group is the best option to start your career with, and if you are looking for a trusted company to sell or purchase any residence, here is where you will get the desired real estate agent.
The ending note
If you want someone you can trust with your investments, these real estate companies are those you can blindly trust. All these real estate brokerage companies in the USA are established and well-reputed. They have a huge number of agents working to assist clients worldwide. Also, these companies are good options if you want to start your career; these well-set companies know what they need to do to keep their employees happy and satisfied.