HomeServices of America secures No.1 in industry by closed transactions
HomeServices of America, the parent company of Long & Foster Real Estate and a Berkshire Hathaway affiliate, today announced that it has once again earned the title of the country’s largest residential real estate company. The ranking is based on transaction sides, according to the REAL Trends 500 report.
“Being able to provide our sales associates and their clients with a complete offering of brokerage, mortgage, and settlement services to help them navigate what is a complex and often confusing real estate transaction played an important role in our ability to achieve the No. 1 industry ranking in closed units,” said Gino Blefari, CEO of HomeServices. “Equipped with best-in-class technology and resources, our sales associates, loan officers, and closers earned their clients’ trust as they delivered the American dream of homeownership to more people than anyone else in the industry.”
In 2021, HomeServices of America’s sales associates, including the Long & Foster team, closed over 388,000 residential transactions, a 13% increase over 2020. The REAL Trends ranking is based on 2021 closed transaction sides for the country’s top 500 brokerages.
Headquartered in Minneapolis, HomeServices has nearly 46,000 real estate professionals operating in over 900 offices across 33 states and the District of Columbia. In 2021, the company’s sales associates facilitated nearly $200 billion in residential real estate sales and nearly 390,000 home-sale transactions.
Long & Foster Real Estate is the nation’s No. 1 real estate company as part of HomeServices of America. For more information, visit LongandFoster.com.