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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 AIMCO Properties, AvalonBay Communities, Equity Residential, Essex Property Trust, and Health Care REIT; major residential real estate brokers include NRT LLC, HomeServices of America, Long & Foster, Re/Max, and ZipRealty. The industry is fragmented: the 50 largest companies account for less than 30 percent of revenue.

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

CompanySalesLocation
De Wassenaarsche Bouwstichting17,072.00MWassenaar, The Netherlands
Leopalace21 Corporation5,845.13MTokyo, Japan
NOMURA REAL ESTATE DEVELOPMENT CO.,LTD.4,126.59MShinjuku-Ku, Tky
NEW CASSIDY VILLAGE ASSOCIATES LLC3,115.16MColumbus, OH
PCRE, L.L.C2,860.00MWallingford, CT
Bullet - Yellow Arrow Box There are 245,373 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 May 14, 2012, unchanged from the same week in 2011.
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Quarterly Industry Update

Texas Realtors University Creates New Model - In anticipation of rising home sales, the Texas Association of Realtors is providing pre-licensing education for aspiring real estate professionals through the launch of its...
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