WASHINGTON, DC – The REAL Trends 500, an annual research report ranking the performance of residential real estate firms in the United States, has recognized Washington Fine Properties as a leader among firms in 2012. Only the top 500 firms are recognized in the report, out of over 20,000 firms in the nation, based on closed transaction sides and separately by closed sales volume.
For 2012, Washington Fine Properties has been ranked the #1 residential real estate firm in the nation for highest closed sales volume per sales associate, at $12.5 million per agent. WFP also ranked #1 for highest average sales price per sale, at $1.2 million. This is the fourth consecutive year in which WFP has earned the #1 ranking from REAL Trends in these two categories.
“This recognition is a validation of our business model, which emphasizes a client-first approach with large doses of hard work and collegiality,” said Marc Schappell, Managing Partner of Washington Fine Properties.
Washington Fine Properties continues to lead the Capital Region, as it has sold 65 percent more properties over $1 million in Washington, DC than its next closest competitor. In 2012, WFP participated in more than 50 percent of sales over $5 million in the Capital Region while also increasing its sales under $1 million by 30 percent since 2011. The firm had ten agents ranked in the Top 250 Agents in America by The Wall Street Journal and REAL Trends, five of which ranked in the Top 50.
“We are extremely proud of our agents and their level of productivity,” said Dana Landry, Principal Broker of Washington Fine Properties.
With significant sales in 2012 such as the Henry Foxhall House and the historic Halcyon House, which sold for $11 million, Washington Fine Properties was able to achieve an impressive sales volume of $1.55 billion last year. Having closed several notable sales already this year such as the iconic Laird-Dunlop Coach House in Georgetown and the former home of Jacqueline Kennedy’s mother, which sold for $8.6 million, WFP is on its way to breaking new records for 2013.
“Stay tuned,” said Tom Anderson, President of Washington Fine Properties. “We are blessed to be operating in one of the most vibrant real estate markets in the nation, and we intend to do more than our part to keep it that way.”
About Washington Fine Properties
Washington Fine Properties (WFP) is recognized worldwide as one of the most successful carriage–trade real estate firms in the United States. More than one hundred of the most powerful agents in the Nation’s Capital Region combine the highest level of expertise and professionalism to provide unequalled brokerage services to both buyers and sellers. For four years in a row, Washington Fine Properties has been ranked #1 in the nation for “Highest Closed Sales Volume per Agent” and “Highest Average Sales Price per Sale” by REAL Trends. WFP also ranked #1 in sales over $1,000,000 in Washington, DC in 2012. Visit WFP online at www.wfp.com.