(Dallas, TX) – United Real Estate (United) announced today its position as the sixth-largest real estate firm in the United States in transaction count and agent count as well as the second-fastest growing company in sales volume, according to verified data in the Power Broker Report, Mega 1,000 and REALTrends 500 rankings.
The company claimed top 10 status for the third consecutive year in all juried industry rankings, underscoring its status as a prestigious six-time Inc. 5000 fastest-growing U.S. company. Since 2019, United has experienced a 175% growth in agent count and an 826% increase in revenues.
Earlier this month, United announced significant investments amid industry contraction, made possible by the efficiencies created by its purpose-built, technology-enabled model. Unlike many of its competitors, the company is delivering strong financial performance, allowing it to increase investments in differentiated, mission-critical programs for its affiliated licensed agents while returning tens of millions of dollars to its agents from their transactions. According to unadjusted GAAP EBITDA reported by publicly traded peers, United believes it was more profitable in 2022 than any other competitor.
In the second half of 2022 and continuing into the first quarter of 2023, the company launched significant new programs and tools to its national network, including United University powered by a user-friendly Learning Management System, a new comprehensive agent and broker marketing platform, United Marketing Hub and enhancements to United’s proprietary cloud-based agent productivity platform, Bullseye Cloud™. These new offerings significantly strengthen United’s brokers’ and agents’ ability to outperform the adjusted market.
“The residential real estate industry has just crossed a major inflection point that no one other than Mike DelPrete is giving enough import to its significance. Technology-forward, low or flat-fee or even virtual models now offer equivalent or better services than ‘traditional’ split commission brokerage models – national or independent – to their agents and buying and selling clients,” commented Dan Duffy, Chief Executive Officer of United Real Estate Group. “This is causing an acceleration of migration of agents, brokers and market share to these new brokerage models at the expense of, still large but beleaguered, traditional high commission split models and national brands that extract onerous royalty and other fees. The fulcrum point has been passed. This is the moment in time, years from now, that with hindsight, the new models overtook the old ones. It is exciting to be part of it. It is wildly beneficial to agents and ultimately the buying and selling public.”
To learn more about United Real Estate, brokerage succession planning, brokerage valuation and sale or franchising opportunities, visit GrowWithUnited.com or call 888-960-0606. Agents interested in learning about career opportunities with United Real Estate can visit JoinUnitedRealEstate.com or call 888-960-0606.
About United Real Estate
United Real Estate (United) – a division of United Real Estate Group – was founded with the purpose of offering solutions to real estate brokers and agents in the rapidly changing real estate brokerage industry. United provides the latest training, marketing and technology tools to agents and brokers under a flat-fee, transaction-based agent commission model. By leveraging the company’s proprietary cloud-based Bullseye™ Agent & Broker Productivity Platform, United delivers a more profitable outcome for agents and brokers. United Real Estate operates in 33 states with 148 offices and 18,500 agents. The company produced over 77,900 transactions and $27.9 billion in sales volume in 2022.
About United Real Estate Group
United Real Estate Group (UREG) operates United Real Estate and United Country Real Estate, addressing the unique market needs of suburban, major metropolitan urban and rural markets. Utilizing the cloud-based Bullseye™ Agent & Broker Productivity Platform, UREG offers the latest training, marketing and technology tools producing a significant competitive advantage. The platform realizes a decade-long investment in virtual agent and brokerage technology services and is powered by a 2.6 million listings data warehouse generating over 3 million monthly visitors and 30,000 leads per year. Together, the United Real Estate Group supports more than 630 offices and over 21,000 real estate and auction professionals across four continents. United Real Estate Group produced over $34.4 billion in 2022. Through its in-house advertising agency, UREG offers differentiating marketing support and collateral for specialized lifestyle property websites as well as access to a 650,000+ opt-in buyer database. For more information about United Real Estate or United Country Real Estate, please visit UnitedRealEstate.com or UnitedCountry.com.
