NORWALK, CT - Gloria Nilson & Co. Real Estate, headquartered in Red Bank, New Jersey recently announced its ranking as the number 2 real estate firm in New Jersey in sales volume according to RISMedia's 27th Annual Power Broker Report. Gloria Nilson & Co. Real Estate reported a total sales volume of $1,330,379,418 in 2014, representing 3,225 closed residential transactions.
This year's Power Broker Report is based on responses to RISMedia's 2015 Power Broker Survey, distributed in early January. More than 1,000 real estate firms from across the country completed the Power Broker Survey, reporting a collective 3,203,736 closed residential transactions in 2014, accounting for a total $973,976,005,312 in sales volume.
Now in its 27th year, the Power Broker Report has long honored the incredible business feats of remarkable real estate leaders-and brokerage firms-who continue to shape our industry. Each April, RISMedia's Real Estate magazine highlights the Top 500 Power Broker firms according to sales volume and transactions.
RISMedia President & CEO John Featherston congratulated Gloria Nilson & Co. Real Estate for their prestigious ranking in this year's Power Broker Report. "The firms represented are the nation's most elite brokerage firms serving literally millions of consumers with their real estate needs," Featherston said. "2014 was a growth year for many real estate firms across the country, as low inventory created a ripe environment for home sellers and move-up buyers, and continued low interest rates and rising rents enticed more new buyers to take action. As market dynamics continue to fluctuate, today's more knowledgeable, more tech-savvy real estate consumers will look to proven real estate firms and their agents to help guide them toward the best real estate decision. Being ranked in the Power Broker Report validates your firm's reputation as a trusted resource for today's homebuyers and sellers."
RISMedia's Annual Power Broker Report ranks firms by closed transactions and sales volume for the prior year. The Top 500 rankings appear in the April issue of Real Estate magazine and online at rismedia.com. The complete ranking of all firms that meet the criteria will be available in the 2015 Power Broker Report publication, available both digitally and in print this summer.
RISMedia's 27th Annual Power Broker Report & Survey is based on results garnered from a survey distributed via email and available online at rismedia.com. The survey ranks residential real estate brokerage firms according to closed transaction numbers and closed sales volume for the year 2014. All sales and transaction data is submitted directly by brokerage firms and verified by the firm's financial executives, outside accounting firms and /or corporate franchise headquarters.
ABOUT GLORIA NILSON & CO.
Gloria Nilson & Co. Real Estate owned by Dick Schlott, has serviced the most discerning buyers and sellers of residential real estate in New Jersey for more than 35 years with 20 offices and more than 700 sales associates throughout New Jersey and Bucks County, PA. Our experienced sales professionals are specialists in their markets, and are committed to uncompromising customer service. For more information or to contact an office near you, please visit www.glorianilson.com.