Resources Real Estate included in 2016 List of America’s Fastest-Growing Private Companies - the Inc. 5000
Posted by Stacey Lonergan — September 1, 2016
RUMSON, NJ - Resources Real Estate was ranked on Inc. magazine’s 34th annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy - America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Chobani, Oracle, Microsoft, Vizio, Intuit, Zappos.com, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.
Making the Inc 5000 list denotes a rapid revenue growth over a four-year period. The average company on last year’s list achieved an incredible three-year growth of 490%. In the last four years, Resources Real Estate expanded the number of its office locations from one to four, and tripled the roster of its agents.
“This recognition is quite an achievement,” said Thomas McCormack, Managing Partner at Resources Real Estate. “Our tremendous growth in the past four years has been a combination of expanding to new locations, hiring new talent and recruiting top talent from other companies We purposely expanded during the downturn, as we understood that if we could establish the infrastructure of a multi-office company, we would be better prepared once the market picked up again. This served us well: during this period we were also able to train our agents so that when their business took off they were prepared as well.”
“We believe Resources is more than a full-service brokerage,” said Carolynn Ozar-Diakon, Senior Partner and Broker. “All of our associates work cooperatively to meet the needs of our residential and commercial clients across all levels of the real estate market. Customer service has been a major focus for us. We have been more concerned with the high quality services we provide rather than having a specific growth strategy and I think this has helped us attract top talent and has contributed to our growth.
Thomas McCormack listed additional reasons for the firm’s success: “Over the past year and a half we have also seen improvement in our local markets. We identified under-served markets and opened offices to specifically focus on these communities. We found this hyper local approach has resonated greatly with local residents. In addition, we spend a great deal of energy fine-tuning and improving our marketing -- something for which we have been recognized. Despite being a boutique agency, we do not sacrifice the quality and breadth of our marketing and we have aligned ourselves with independent luxury brokers from across the globe to acquire new ideas as well as build referral networks.”
Carolynn Ozar-Diakon added: “We believe in doing the right thing by people. Agent training is a fundamental step for our firm. We have both new agent training as well as career development for more experienced agents. Confidence stays strong both from our clients and our agents, and business develops out of that confidence. Our growth is steady, and a strong part of our plan is not to get too big and lose teamwork and high standards.”
The full Inc. 5000 ranking will be unveiled during the annual Inc. 5000 event honoring all the companies on the list. The event will be held from October 18 through 20, 2016 in San Antonio, TX. Speakers include some of the greatest entrepreneurs of this and past generations, such as Tony Robbins, #1 NY Times best selling author, entrepreneur and peak performance strategist, Elizabeth Cutler and Julie rice, co-founders of SoulCycle, Adam Miller, Founder and CEO of Cornerstone OnDemand, Kim Jordan, Co-Founder and Executive Chair of New Belgium Brewing, Les McKeown, CEO of Predictable Success, Norm Brodsky, Founder of CitiStorage, Steve Baker, Vice President of The Great Game of Business, and Ami Kassar, Founder and Chief Executive of MultiFunding.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, will be available on www.inc.com/inc5000 on August 17, 2016.
About Resources Real Estate
Resources Real Estate is a Monmouth County, NJ full-service independent residential brokerage firm, with four offices and a team of more than 75 sales and support personnel. Resources Real Estate was opened by Carolynn Diakon in 2000. Thomas McCormack has been with the company since 2002, and joined Diakon as a partner in 2010. Resources Real Estate locations are:36 Beach Rd. in Monmouth Beach, NJ4A W. Front St. in Red Bank, NJ65 First Ave. in Atlantic Highlands, NJFor more information, call 732.212.0440 or visit http://resourcesrealestate.com Methodology of the Inc. 5000 list
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2015. Companies on the Inc. 500 are featured in Inc.'s September issue. About Inc. 5000
The Inc. 500 / 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.