Current:Home > MyBuying or selling a home? Here are Tennessee's top real-estate firms-LoTradeCoin
Buying or selling a home? Here are Tennessee's top real-estate firms
View Date:2024-12-23 18:51:45
(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! (711)
Related
- The Daily Money: All about 'Doge.'
- Here’s what to know about conservatorships and how Brian Wilson’s case evolved
- How West Virginia’s first transgender elected official is influencing local politics
- Eurovision 2024: Grand Final set as Israeli contestant advances in second set of 10
- Human head washes ashore on Florida beach, police investigating: reports
- Prince Harry is in London to mark the Invictus Games. King Charles won't see his son on this trip.
- Beach Boys' Brian Wilson to be placed in conservatorship, judge rules
- Strong solar storm could disrupt communications and produce northern lights in US
- November 2024 full moon this week is a super moon and the beaver moon
- One prime-time game the NFL should schedule for each week of 2024 regular season
Ranking
- Dozens indicted over NYC gang warfare that led to the deaths of four bystanders
- Missouri Legislature faces 6 p.m. deadline to pass multibillion-dollar budget
- An education board in Virginia votes to restore Confederate names to 2 schools
- Oprah Winfrey Shares Biggest Regret After Being Steadfast Participant in Diet Culture
- Investigators believe Wisconsin kayaker faked his own death before fleeing to eastern Europe
- 4-year-old girl dies from injuries in Texas shooting that left entire family injured
- 4-year-old girl dies from injuries in Texas shooting that left entire family injured
- U.S. announces new rule to empower asylum officials to reject more migrants earlier in process
Recommendation
-
Mattel says it ‘deeply’ regrets misprint on ‘Wicked’ dolls packaging that links to porn site
-
Kentucky prosecutor accused of trading favors for meth and sex pleads guilty to federal charge
-
'Beloved' Burbank teacher killed by 25-year-old son during altercation, police say
-
Transgender activists flood Utah tip line with hoax reports to block bathroom law enforcement
-
Diddy's ex-bodyguard sues rape accuser for defamation over claims of 2001 assault
-
Leaked PlayStation Store image appears to reveals cover of 'EA Sports College Football 25' game
-
What to watch this weekend, from the latest 'Planet of the Apes' to the new 'Doctor Who'
-
What happened to Utah women's basketball team may not be a crime, but it was a disgrace