Current:Home > ScamsBuying or selling a home? Here are Tennessee's top real-estate firms -WealthMindset
Buying or selling a home? Here are Tennessee's top real-estate firms
View
Date:2025-04-12 21:44:24
(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! (4626)
Related
- Bodycam footage shows high
- Are mortgage rates likely to fall in 2024? Here's what Freddie Mac predicts.
- Emma Hayes' first USWNT roster shows everyone things are changing before Paris Olympics
- How Taylor Swift Inspired Charlie Puth to Be a Bigger Artist IRL
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Pope Francis: Climate change at this moment is a road to death
- Matthew Perry’s Death Still Being Investigated By Authorities Over Ketamine Source
- Bella Hadid returns to Cannes in sultry sheer Saint Laurent dress
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- I’m an Editor Who Loves Bright, Citrus Scents and These Perfumes Smell Like Sunshine
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- 20 book-to-screen adaptations in 2024: ‘Bridgerton,’ ‘It Ends With Us,’ ’Wicked,’ more
- Teen Mom's Kailyn Lowry Reveals Her Boob Job Was Denied Due to Her Weight
- Chiefs receiver Rashee Rice won’t face charges from person over alleged assault, Dallas police say
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Untangling Zac Brown and Kelly Yazdi’s Brief Marriage and Complicated Breakup
- Trump Media, valued at $7 billion, booked less than $1 million in first-quarter sales
- Princess Kate makes royal return with first project of 2024 amid cancer diagnosis
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Denver launches ambitious migrant program, breaking from the short-term shelter approach
Over 1 million claims related to toxic exposure granted under new veterans law, Biden will announce
Who will win NBA Eastern and Western conference finals? Schedule, time, TV and predictions
What to watch: O Jolie night
Graceland is not for sale, Elvis Presley’s granddaughter Riley Keough says in lawsuit
Graceland is not for sale, Elvis Presley’s granddaughter Riley Keough says in lawsuit
Are hot dogs bad for you? Here's how to choose the healthiest hot dog