Current:Home > NewsBuying or selling a home? Here are Tennessee's top real-estate firms -ProfitEdge
Buying or selling a home? Here are Tennessee's top real-estate firms
View
Date:2025-04-12 23:42:34
(This story was updated to add a link.)
The fast-changing real-estate industry's complex movements can make buying or selling a home an intimidating process.
That's why it is key to choose a trusted real-estate agent partner who understands how to best position your property in the market to reach your sales or buying goals.
Since every real-estate agency claims to be the best in its area, how can you differentiate among the options to make the best choice?
"Every consumer out there should interview Realtors as if they were interviewing someone for a job because it is a job," said Greater Nashville Realtors Association President Kevin Wilson. "Past experience and past results are a good indicator of future results. Making sure you have someone who has a history of results, a marketing plan, the technology and support to make sure they bring the most available and qualified buyers to your property."
USA TODAY, the USA TODAY Network Tennessee and market research firm Statista collaborated to analyze sales data statewide to compile "Tennessee’s Best Real Estate Agencies 2024," their first-ever list of Tennessee’s 300 top-performing real estate offices in the searchable list below. “Tennessee’s Best Real Estate Agencies 2024” appear in alphabetical, not ranked order. The partnership also produced a list of Florida's top 500 real-estate offices.
So, what makes a real-estate firm successful in the Volunteer State − one of the nation's hottest housing markets?
For this list, Tennessee real-estate agencies and homebuilders were distinguished by the number of successful home sales they managed; the price ratio between the listing and final sale; the number of days it took to complete the sale and the volume of sales.
"The number one thing I hear from buyers and sellers that cancel contracts with Realtors is, 'My Realtor did not listen to me.'" said Memphis-based Realtor Zach Thomas. "The calling card of a good Realtor is great communication and not to show people what you think they want but show them what they’re telling you they want."
The statewide list names all 300 offices as top performers but does not rank them beyond that. The methodology factors in population density and scores each agency within its respective region. Homebuilders included in the list are also active real-estate agents.
The methodology assigned 30% weight each to:
- Revenue generated in 2023 and the average revenue over the prior three years.
- The total number of properties sold at a firm and the success rate of each agent.
The winners were also rated 20% each on these factors:
- The ratio of the final sales price to the original listing price.
- The percentage of successful versus failed listings as well as average time on the market.
The Volunteer State's top 300 real-estate agencies are spread across 39 of the state's 95 counties.
veryGood! (59)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- The Truth About Michael J. Fox and Tracy Pollan's Inspiring Love Story
- Florence Pugh Saves Emily Blunt From a Nip Slip During Oppenheimer Premiere
- Citing ‘Racial Cleansing,’ Louisiana ‘Cancer Alley’ Residents Sue Over Zoning
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Glee's Kevin McHale Recalls His & Naya Rivera's Shock After Cory Monteith's Tragic Death
- Raven-Symoné and Wife Miranda Pearman-Maday Set the Record Straight on That Relationship NDA
- Prigozhin's rebellion undermined Putin's standing among Russian elite, officials say
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- A Composer’s Prayers for the Earth, and Humanity, in the Age of Climate Change
Ranking
- Nevada attorney general revives 2020 fake electors case
- Banks Say They’re Acting on Climate, But Continue to Finance Fossil Fuel Expansion
- A University of Maryland Health Researcher Probes the Climate Threat to Those With Chronic Diseases
- Body cam video shows police in Ohio release K-9 dog onto Black man as he appeared to be surrendering
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Kelly Ripa & Mark Consuelos' Son Michael Now Has a Role With Real Housewives
- A Long-Sought Loss and Damage Deal Was Finalized at COP27. Now, the Hard Work Begins
- Western Firms Certified as Socially Responsible Trade in Myanmar Teak Linked to the Military Regime
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
New Study Bolsters Case for Pennsylvania to Join Regional Greenhouse Gas Initiative
Gigi Hadid Is the Girl With the Dragon Tattoo After Debuting Massive New Ink
This Secret About Timothée Chalamet’s Willy Wonka Casting Proves He Had a Golden Ticket
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Biden administration officials head to Mexico for meetings on opioid crisis, migration
The Summer I Turned Pretty Season 2 Gift Guide: American Eagle, Local Eclectic, Sperry & More
Increasingly Large and Intense Wildfires Hinder Western Forests’ Ability to Regenerate