Current:Home > MarketsBuying or selling a home? Here are Tennessee's top real-estate firms-InfoLens
Buying or selling a home? Here are Tennessee's top real-estate firms
View Date:2024-12-23 10:19:20
(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! (77)
Related
- The Latin Grammys are almost here for a 25th anniversary celebration
- Teyana Taylor’s Ex Iman Shumpert Addresses Amber Rose Dating Rumors
- Old Navy’s Cozy Szn Sale Includes $24 Sweaters, $15 Joggers & More Fall-Ready Staples Up to 68% Off
- Texas still No. 1 in US LBM Coaches Poll but rest of college football top 10 gets reshuffling
- Father, 5 children hurt in propane tank explosion while getting toys: 'Devastating accident'
- Two boys, ages 12 and 13, charged in assault on ex-NY Gov. David Paterson and his stepson
- A Michigan Senate candidate aims to achieve what no Republican has done in three decades
- Georgia Supreme Court halts ruling striking down state’s near-ban on abortions as the state appeals
- Contained, extinguished and mopping up: Here’s what some common wildfire terms mean
- Billie Eilish tells fans, 'I will always fight for you' at US tour opener
Ranking
- 'Dangerous and unsanitary' conditions at Georgia jail violate Constitution, feds say
- Matthew Broderick Says He Turned Down SATC Role as the Premature Ejaculator
- Coco Gauff coasts past Karolina Muchova to win China Open final
- LeBron James and son Bronny become first father-son duo to play together in NBA history
- Ben Foster Files for Divorce From Laura Prepon After 6 Years of Marriage
- TikToker Taylor Rousseau Grigg’s Husband Speaks Out After Her Death
- A Michigan Senate candidate aims to achieve what no Republican has done in three decades
- College Football Playoff predictions: Projecting who would make 12-team field after Week 6
Recommendation
-
Subway rider who helped restrain man in NYC chokehold death says he wanted ex-Marine to ‘let go’
-
Chicago mayor names new school board after entire panel resigns amid a fight over district control
-
Kieran Culkin ribs Jesse Eisenberg for being 'unfamiliar' with his work before casting him
-
Meals on Wheels rolling at 50, bringing food, connections, sunshine to seniors
-
Deion Sanders says he would prevent Shedeur Sanders from going to wrong team in NFL draft
-
Riley Keough Shares Rare Pics of Twin Sisters Finley & Harper Lockwood
-
College Football Playoff predictions: Projecting who would make 12-team field after Week 6
-
Opinion: Trading for Davante Adams is a must for plunging Jets to save season