2014 REAL Trends 500: Gibson Sotheby’s International Realty Ranks 140th in the Nation in Sales Volume
Posted by Gibson Sotheby's International Realty — June 4, 2014
BOSTON, MA - Gibson Sotheby’s International Realty has just announced that it was recognized on the 2014 REAL Trends 500 list of the 500 most successful brokerages in the United States by total sales volume. The REAL Trends 500 is an annual research report that identifies the country’s most successful residential real estate firms. These offices are ranked by closed transaction sides and separately by closed sales volume. This report is seen by many as the definitive real estate trend resource for the country.
Each year the ranking system corresponds to a firms completed performance in the industry for the previous year. With that being said, last year’s ranking (relating to our 2012 sales) saw our firm proudly come in at the #162 ranking, while in 2012 we were in the #159 position, and in 2011 we finished at #144. This year, however, we can say with immense delight that we have finished in the #140 slot.
Not only was this the highest ranking that Gibson Sotheby’s International Realty has ever achieved, but it comes after a year in which we surpassed the $1 Billion sales volume mark for the first time in our history. With $1,099,508,287 worth of Greater Boston Area real estate sold for the year, our firm was also just 107 sides short of being in the top 500 firms nationwide for total transactions as well. Evidently, this clearly indicates just how strong the average sold price points are for our market, and just how impressive our per agent productivity continues to be compared to our competitors.
Our Boston-based company of roughly 170 agents within 7 sales offices was also the 15th best ranking Sotheby’s office across the country for total sales volume. In addition, focusing solely on Boston-based companies, we were the #1 ranking firm to make the list. Furthermore, Gibson Sotheby’s International Realty was the 3rd highest positioned Massachusetts-based firm in the report; yet we are nonetheless significantly smaller in size than the firms placed before us.
Following the tremendous upward trajectory that Sotheby’s is on, Larry Rideout, the CEO and co-Owner of Gibson Sotheby’s International Realty, shared that, “We are so proud to be a part of this brand. Our exceptional marketing capabilities and international outreach to our network continues to benefit our experienced and knowledgeable agents here locally. The past year has been tremendous for our firm. This REAL Trends recognition is a testament to all of the hard-working individuals and the extraordinary listings they represent in our region.”
About Gibson Sotheby’s International Realty
Gibson Sotheby’s International Realty is Boston’s largest independent real estate company. Founded in 1962 by Betty Gibson in Boston’s South End, the company has grown to eight offices. The international network of more than 700 offices in 52 countries and territories, and the relationship with Sotheby’s auction house, as well as comprehensive online and print advertising in high profile venues, provides remarkable exposure for each home. The success led to Gibson Sotheby’s International Realty being the top-ranked Boston-based firm.