Alain Pinel Realtors Ranked Eighth Among Largest Real Estate Firms In Nation
Posted by Gail Knapp — April 28, 2009
(REAL Trends, Inc.-Denver) Alain Pinel Realtors (APR) was ranked the eighth largest real estate firm in the United States based on its sales volume in 2008 according to REAL Trends 500, a compilation of a nationwide study of leading residential real estate companies. The firm had a sales volume of $5.7 billion in 2008 ($1.1 million per transaction) and served 5,300+ clients through its 30 offices.
While APR is a regional company with offices only in the San Francisco Bay Area, it is the largest privately-owned and independent residential real estate firm in California and one of the top three in the country. Alain Pinel Realtors has been consistently ranked in the Top 10 firms in the United States. A locally owned family business, the firm was founded in 1990 by Paul Hulme, current Chairman and CEO, and is based in Saratoga, CA.
“This is a great compliment to the terrific people we have working with us here at Alain Pinel Realtors. 2008 was a very challenging year but our great group of people simply got the job done,” said Larry Knapp, President of Alain Pinel Realtors. “As a local company we are proud to be among the top firms in the nation.”
According to a recent research report produced by REAL Trends, the 500 largest residential real estate brokerage firms in the nation closed 1,891,368 home transactions with a value of over $560 billion during 2008. The transactions represent close to 30 percent of all new and resale transactions completed by brokers during the year, yet the REAL Trends 500 represented less than three-fifths of one percent of all brokerage firms.
The 2009 REAL Trends 500 represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms. Due to 58 ties, there are actually 558 companies listed in the top 500. REAL Trends, Inc. is a research, publishing and communication company located in Denver serving the information needs of the residential real estate industry.
For more information about Alain Pinel Realtors, please visit www.apr.com.
About Alain Pinel Realtors
Alain Pinel Realtors is the largest privately-owned and independent residential real estate company in California. The firm had a sales volume of $5.7 billion in 2008 ($1.1 million per transaction) and has been consistently ranked in the Top 10 firms in the United States. It was founded in 1990 by Paul Hulme, current Chairman and CEO, and is based in Saratoga, Calif. Alain Pinel Realtors served 5,300+ clients in 2008 through its 30 offices in Santa Clara, San Mateo, San Francisco, Marin, Sonoma, Alameda, Contra Costa, Napa, Monterey and Santa Cruz counties. Alain Pinel Realtors is a founding member of Luxury Portfolio, an operating unit of The Leading Real Estate Companies of the World. The firm also has a joint venture partnership in the mortgage lending institution Private Mortgage Advisors, which is an affiliate of Wells Fargo Bank, N.A. For a complete listing of Alain Pinel Realtors offices, services and agents, please visit our website at apr.com.