Lynsey Engels, President, Real Estate Brokerage at Mel Foster Co. Inc. announced today that its global real estate network, Leading Real Estate Companies of the World®, continues to lead the industry in sales volume among the top 500 U.S. firms, with $257 billion in U.S. home sales in 2019, $38 billion ahead of its closest competitor, according to the REAL Trends 500. LeadingRE represents 24% of transaction sides among these firms and 20% of total sales volume. Overall, the global real estate network of 550 firms participated in 1.1 million transactions worldwide.
“We are pleased that our network continues to achieve such impressive sales results year after year, but, more importantly, we take pride in the other ways our members lead. Our true leadership can be seen in the countless ways our members give back to their communities, as well as in their efforts to serve home buyers and sellers safely and responsibly during these challenging times,” said LeadingRE President/CEO Paul Boomsma.
With members in 70 countries, LeadingRE is the largest network of market-leading independent real estate firms. As a member, Mel Foster Co. has access to innovative, performance-driven programs, including award-winning learning resources and events, innovative technology and marketing, an industry-leading referral network, and connections to people and opportunities worldwide.
“The by-invitation-only Leading RE network provided us unparalleled performance and trusted relationships that result in exceptional client experiences, and it gives us one more way to bring together buyers and sellers,” said Engels.