Current:Home > NewsBuying or selling a home? Here are Tennessee's top real-estate firms -Pinnacle Profit Strategies
Buying or selling a home? Here are Tennessee's top real-estate firms
View
Date:2025-04-12 08:08:19
(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! (22)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- French security authorities foil a plan to attack soccer events during the 2024 Paris Olympics
- Oil executives imprisoned five years in Venezuela sue former employer Citgo for $400 million
- Prosecutors unveil cache of Menendez texts in bribery trial: It is extremely important that we keep Nadine happy
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Tennessee officers accused of shielding a man committing sex crimes. Police deny extortion
- Chinese national allegedly made $99 million selling access to Windows home computers
- The 30 Most-Shopped Celeb Recommendations This Month: Porsha Williams, Kyle Richards & More
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- US gymnastics championships: What's at stake for Simone Biles, others in leadup to Paris
Ranking
- Meta releases AI model to enhance Metaverse experience
- Massive fire breaks out at Illinois farm housing over 1 million chickens
- Trump Media stock falls after Donald Trump convicted in criminal hush money trial
- Reading the ‘tea leaves': TV networks vamp for time during the wait for the Donald Trump verdict
- 2025 'Doomsday Clock': This is how close we are to self
- Vermont becomes 1st state to enact law requiring oil companies pay for damage from climate change
- Trump Media stock falls after Donald Trump convicted in criminal hush money trial
- Over 40 years after children found a dead baby near a road, Vermont police find infant's parents and close the case
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
The 30 Most-Shopped Celeb Recommendations This Month: Porsha Williams, Kyle Richards & More
Domino's, Uber Eats team up to give away $10 million in free pizza: Here's how to get one
Ancient remains of 28 horses found in France. Were they killed in battle or sacrificed?
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Police with batons approach Israel-Hamas war protesters at UC Santa Cruz
Answers to your questions about Donald Trump’s historic hush money trial conviction
Chief Justice John Roberts rejects Senate Democrats' request for meeting after Alito flag controversy