Current:Home > MarketsBuying or selling a home? Here are Tennessee's top real-estate firms -SummitInvest
Buying or selling a home? Here are Tennessee's top real-estate firms
View
Date:2025-04-16 15:32:18
(This story was updated to add a link.)
The fast-changing real-estate industry's complex movements can make buying or selling a home an intimidating process.
That's why it is key to choose a trusted real-estate agent partner who understands how to best position your property in the market to reach your sales or buying goals.
Since every real-estate agency claims to be the best in its area, how can you differentiate among the options to make the best choice?
"Every consumer out there should interview Realtors as if they were interviewing someone for a job because it is a job," said Greater Nashville Realtors Association President Kevin Wilson. "Past experience and past results are a good indicator of future results. Making sure you have someone who has a history of results, a marketing plan, the technology and support to make sure they bring the most available and qualified buyers to your property."
USA TODAY, the USA TODAY Network Tennessee and market research firm Statista collaborated to analyze sales data statewide to compile "Tennessee’s Best Real Estate Agencies 2024," their first-ever list of Tennessee’s 300 top-performing real estate offices in the searchable list below. “Tennessee’s Best Real Estate Agencies 2024” appear in alphabetical, not ranked order. The partnership also produced a list of Florida's top 500 real-estate offices.
So, what makes a real-estate firm successful in the Volunteer State − one of the nation's hottest housing markets?
For this list, Tennessee real-estate agencies and homebuilders were distinguished by the number of successful home sales they managed; the price ratio between the listing and final sale; the number of days it took to complete the sale and the volume of sales.
"The number one thing I hear from buyers and sellers that cancel contracts with Realtors is, 'My Realtor did not listen to me.'" said Memphis-based Realtor Zach Thomas. "The calling card of a good Realtor is great communication and not to show people what you think they want but show them what they’re telling you they want."
The statewide list names all 300 offices as top performers but does not rank them beyond that. The methodology factors in population density and scores each agency within its respective region. Homebuilders included in the list are also active real-estate agents.
The methodology assigned 30% weight each to:
- Revenue generated in 2023 and the average revenue over the prior three years.
- The total number of properties sold at a firm and the success rate of each agent.
The winners were also rated 20% each on these factors:
- The ratio of the final sales price to the original listing price.
- The percentage of successful versus failed listings as well as average time on the market.
The Volunteer State's top 300 real-estate agencies are spread across 39 of the state's 95 counties.
veryGood! (91925)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Spain leader defends amnesty deal for Catalan in parliament ahead of vote to form new government
- Illegal border crossings into the US drop in October after a 3-month streak of increases
- Ohio business owner sues Norfolk Southern for February derailment that closed his companies
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Video shows North Carolina officer repeatedly striking a pinned woman during her arrest
- Venezuelan arrivals along U.S. southern border drop after Biden starts deportations
- German union calls on train drivers to strike this week in a rancorous pay dispute
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Missing sailor sent heartbreaking final message to his family during Hurricane Otis, wife reveals
Ranking
- Intellectuals vs. The Internet
- Russian woman goes on trial in a cafe bombing that killed a prominent military blogger
- South Carolina education board deciding whether to limit books and other ‘age appropriate’ materials
- Lush, private Northern California estate is site for Xi-Biden meeting
- The company planning a successor to Concorde makes its first supersonic test
- Kourtney Kardashian Subtly Hints She Welcomed Baby Boy With Travis Barker
- Many parents don’t know when kids are behind in school. Are report cards telling enough?
- A day after Britain’s prime minister fired her, Suella Braverman accuses him of being a weak leader
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Billie Eilish on feeling 'protective' over Olivia Rodrigo: 'I was worried about her'
Bradley Cooper on Maestro
How Lisa Rinna's New Era Is All About Taking Risks and Embracing Change
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Fantasy football rankings for Week 11: PPR ranks, injury news, sleepers
Detroit officer to stand trial after photojournalists were shot with pellets during a 2020 protest
Extremist-linked rebels kill at least 44 villagers in separate attacks in Congo’s volatile east