Study of Real Estate Firms

Real-estate

I ran into this the other day and thought was interesting. You can see the full study HERE, but here are a few of the points that are worth noticing:

84% of the firms are independent (non franchise)

13% are independent franchises

3% subsidiaries of a national or regional corporation

8 out of 10 specialize in residential RE

13 years is the average time the firms have been around

80% of the firms operate out of a single office

8% of the firms have 4 or more offices

25 is the average number of transactions for the typical firm

 

 

 

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