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Hoover's Directories > Industry Overviews > Residential Real Estate Brokerage & Management

Residential Real Estate Brokerage & Management

  • Overview
  • Risks & Opportunities
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Industry Description

The US residential real estate brokerage and management industry includes about 165,000 companies with combined annual revenue of about $170 billion. Major residential leasing and management companies include Equity Residential, AvalonBay Communities, Health Care REIT, and Essex Property Trust; major residential real estate brokers include NRT LLC, HomeServices of America, Long & Foster, and ZipRealty. The industry is fragmented: the 50 largest companies account for less than 30 percent of revenue.

SIC: 6513, 6531
NAICS: 531110, 531210, 531311
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Top 5 Companies

CompanySalesLocation
The Long & Foster Companies, Inc.51,500.00MChantilly, VA
De Wassenaarsche Bouwstichting17,072.00MWassenaar, The Netherlands
URBAN RENAISSANCE AGENCY13,432.59MYokohama, Kanagawa
Leopalace21 Corporation5,845.13MTokyo, Japan
NOMURA REAL ESTATE DEVELOPMENT CO.,LTD.4,126.59MShinjuku-Ku, Tky
Bullet - Yellow Arrow Box There are 282,794 companies in this industry. To view all of them, register now.

Industry Indicator

The bank prime loan rate, which indicates changes in the rates available for real estate financing, remains at 3.25 percent as of the week of January 13, 2012, unchanged from the same week in 2011.
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Quarterly Industry Update

US Homes Lose Value - Over 90 percent of housing markets across the US reflected home value losses in 2011, according to a recent report by Zillow. Contributing to the...
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