Current:Home > MyBuying or selling a home? Here are Tennessee's top real-estate firms -Prime Capital Blueprint
Buying or selling a home? Here are Tennessee's top real-estate firms
View
Date:2025-04-14 08:02:40
(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! (4427)
Related
- Travis Hunter, the 2
- Dying in the Fields as Temperatures Soar
- Pistons beat Raptors 129-127 to end NBA record-tying losing streak at 28 games
- Nick Saban knew what these Alabama players needed most this year: His belief in them
- Trump issues order to ban transgender troops from serving openly in the military
- These 12 Christmas Decor Storage Solutions Will Just Make Your Life Easier
- Cowboys vs. Lions Saturday NFL game highlights: Dallas holds off Detroit in controversial finish
- 2024 NFL draft first-round order: Carolina Panthers hand Chicago Bears the No. 1 pick
- All That You Wanted to Know About She’s All That
- Controversy again? NFL officials' latest penalty mess leaves Lions at a loss
Ranking
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- American democracy has overcome big stress tests since the 2020 election. More challenges are ahead
- PGA Tour updates players on negotiations with investors, Saudi Arabia's Public Investment Fund as deadline extends into 2024
- In Iowa, Nikki Haley flubs Hawkeyes star Caitlin Clark's name
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Surfer dies after shark “encounter” in Hawaii
- Three-time NASCAR champion Cale Yarborough dies at 84
- High surf advisories remain in some parts of California, as ocean conditions begin to calm
Recommendation
The Louvre will be renovated and the 'Mona Lisa' will have her own room
China calls Taiwan presidential frontrunner ‘destroyer of peace’
Biden fast-tracks work authorization for migrants who cross legally
32 things we learned in NFL Week 17: A revealing look at 2024
The 401(k) millionaires club keeps growing. We'll tell you how to join.
German officials detain 3 more suspects in connection with a Cologne Cathedral attack threat
Texas' Arch Manning is the Taylor Swift of backup quarterbacks
Reports: Former cycling world champ Dennis charged after Olympian wife struck, killed by vehicle