Alain Pinel Realtors (APR) was ranked the fifth largest real estate firm in the United States based on its sales volume in 2011, moving up one position from their 2010 ranking, according to the Real Trends 500, a compilation of a nationwide study of leading residential real estate companies. APR was also named the #1 Largest Real Estate Firm in the Silicon Valley by the San Jose Business Journal’s Top Residential Real Estate Firms list and presented the Top Luxury Brokerage Award by Luxury Portfolio International™.
In spite of challenging market conditions, APR had a successful 2011 with a sales volume of $7.15 billion, making it the only brokerage in the top 5 on the REAL Trends 500 that increased their sales (up 5.6 percent over 2010). These figures confirm APR as the largest privately-owned, independent residential real estate company in California.
Improved market share also helped APR reclaim the title of the #1 Residential Real Estate Firm in the Silicon Valley. Based on sales within the Silicon Valley as reported by the San Jose Business Journal, APR has the Highest Sales Volume at $4.4 billion, Highest Agent Productivity at $6,312,769, Highest Office Productivity at $550,000,000 and Highest Average Sales Price at $1,118,454.
In March, APR was presented the Luxury Portfolio International™ Top Luxury Brokerage Award, for best exemplifying the luxury marketing – in presence, marketing, and experience – out of the 550 independent brokerages that make up the Leading Real Restate Companies of the World®.
“Alain Pinel Realtors has always prided itself on being a leader in the luxury market – from unique marketing to exquisite estates homes – we cater to affluent buyers and sellers,” said Rainy Hake, Executive Vice President. “As other firms have struggled, we have thrived by maintaining our high standards – a successful strategy reflected in our sales.”
About Alain Pinel Realtors
Alain Pinel Realtors (APR) is the largest privately-owned and independent residential real estate company in California. APR was ranked the fifth largest residential real estate firm in the United States based on its closed sales volume in 2011, and has been consistently ranked in the Top 10 firms in the country. The firm has nearly 1,400 agents in its 32 offices throughout the Bay Area. Celebrating over 20 years in Bay Area real estate, APR was founded in 1990 by CEO and President Paul L. Hulme, and is based in Saratoga, CA. For more information about APR, visit our website at apr.com.