(BOULDER, Colo., April 9, 2019) – 8z Real Estate is pleased to be named in two national rankings released in March, the Real Trends 500, and RISMedia’s Power Broker report. Both ranked brokerages by their 2018 production.
8z Real Estate has fewer agents than many of the firms that are ranked in the Real Trends 500 and RISMedia Power Broker rankings, but because 8zers close more than 3x the industry average, 8z was able to sell as much real estate as firms with many hundreds or thousands of agents.
8z Real Estate Founder and CEO Lane Hornung explains how 8z has managed to land in these ranks:
“8z is productive, something that didn’t just happen, but was designed in the 8z System to support great agents close more real estate. The 8z System, which provides unparalleled training, marketing and administrative support, allows 8zers to do what they do best, assist their clients in buying or selling real estate. This system works, and others are starting to take notice.”
The Real Trends 500 report was released last week ranking the top 500 brokerages in the United States by production metrics. REAL Trends is a real estate publishing, consulting, and communication company. With over 1700 brokerages across the country submitting production data for 2018, the Real Trends 500 recognizes elite-performing brokerages.
As a brokerage, 8z was ranked:
- 398th in Transactions
- 264th in Volume
- 102nd among Independent Brokerages by transaction sides.
2018 marked a milestone for 8z Real Estate, having closed over a billion dollars of real estate during the year. Real Trends recognized 297 brokerages in their “2019 Billionaires’ Club.” 8z achieved a 10.3% growth in sales volume from 2017 to 2018 to meet this milestone and reach its first ranking in the Billionaires’ Club.
Additionally, 8z Title was recognized in the Real Trends 500 Core Services for having closed 998 units in 2018.
RISMedia, a real estate news agency, released their 2019 Power Broker Report, ranking 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 to the real estate industry in their annual report.
8z Real Estate was listed 249th by volume in the 2019 Power Broker rankings. 8z was one of only 24 brokerages in Colorado to be named to the 2019 Power Brokers.
April 9, 2019