Apr 201804

Long & Foster’s Parent Company Takes Top Rankings in 2018 REAL Trends 500 Report

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Apr 201804

Long & Foster’s Parent Company Takes Top Rankings in 2018 REAL Trends 500 Report

HomeServices of America (HomeServices), the parent company of Long & Foster Real Estate—the nation’s No. 1 independent real estate brand—took top ranking in several categories in the 2018 REAL Trends 500 report.

Each year, REAL Trends ranks the performance of 500 of the nation’s largest and leading residential real estate firms, by closed transaction sides and by sales volume. The REAL Trends 500 report is known as the trusted source for industry information about the performance of elite brokerage firms in the United States.

HomeServices ranked second for 2017 in the categories of both closed transaction sides and closed sales volume. In 2017, the company’s sales associates, which includes the over 10,000 Long & Foster agents, facilitated over $125 billion in residential real estate sales and nearly 350,000 home sale transactions. Of those figures, the Long & Foster team closed nearly 78,000 transactions for a total volume of more than $28.9 billion.

Additionally, HomeServices earned the No. 1 position for Largest Independents by transaction sides. The company also ranked at the top for the largest increase by sides and by volume from 2016 to 2017, placing HomeServices in the No. 1 spot for the categories of Top Movers | Transactions and Top Movers | Volume.

“Long & Foster prides itself on the accomplishments of our team of highly trained professionals, and we are thrilled to once again rank near the top of the REAL Trends 500 report, now as part of HomeServices of America,” said Jeffrey S. Detwiler, president & CEO of The Long & Foster Companies. “Our family of companies has a reputation of honesty, integrity and best-in-class customer service that spans 50 years. HomeServices is an outstanding organization that shares our commitment to delivering exceptional customer service, and we are proud to be part of such a dynamic company.”

Headquartered in Chantilly, Virginia, Long & Foster Real Estate has more than 10,000 agents in over 230 offices. The brokerage serves buyers and sellers in major markets across the Mid-Atlantic and Northeast. For more information about Long & Foster Real Estate, visit LongandFoster.com.