We are elated to share that for the fourth year in a row, Realogics Sotheby’s International Realty (RSIR) is among the Top 100 Fastest Growing Companies in Washington State, this according to the Puget Sound Business Journal (PSBJ). Ranking 71st on the list, RSIR was also recognized in the “Hall of Fame,” an honor only allotted to companies who have made the list for at least four years in a row.
The 2015 results were determined for gross sales through 2014, as compared with the previous two years. So far in 2015, RSIR is on trend to close more than 1,000 transactions with an estimated annual sales in excess of $800 million.
“This accolade is a testament to the strength of our brand and the experience of our brokers,” said Michael X. Ford, RSIR’s Director of Sales and Designated Broker. “What truly sets us apart is our international reach.” A reach demonstrated by the more than 16,000 sales associates in 760 Sotheby’s International Realty offices, spread across 60 countries and territories. “It’s the perfect formula,” said Ford. “A global presence, award-winning marketing and experienced brokers who are the best at what they do.”
Associated with the preeminent 270-year old global heritage, RSIR has taken their partnership to the highest echelons around the world, while continuing to maintain a local focus. As one of Seattle’s premier real estate firms, RSIR stands alone in innovative marketing, professional full-time buyer and seller representation and, most importantly, results. This honor complements our status as a firm that is also continually ranked among the top ten largest brands by the PSBJ.
Comparing the current 12 months versus the previous 12 months, RSIR demonstrates significant growth as closed units are up 41% and Gross Dollar Volume is up 44%:
Dean Jones, President and CEO of RSIR said, “RSIR’s strength is in its differentiation and in its approach. It stems from a unique origin as a nationally recognized, award-winning marketing firm that has become a full-service real estate brokerage and a preeminent global company that is becoming very local. This compares to our peers that are sales organizations striving to become marketers and local firms striving to become global. Ultimately, RSIR’s brokers and their clients seek every advantage they can find in the industry, and that’s what RSIR delivers.”
Growth has been a trend for RSIR in 2015. In just the first half of the year, the brokerage boasted the top position for percentage growth year-over-year and maintained the highest average listing and selling prices, despite its boutique size. Most notably, the firm commanded the highest average production levels (in total dollar volume) on a per broker basis.
Percentage Change of First Half of 2015 vs. First Half of 2014:
Brokerage Snapshot, First Half of 2015:
The Puget Sound Business Journal held a special public award ceremony for hundreds of business leaders on October 8th at the Westin Hotel in Seattle, announcing where each company ranked on the list of 100. The event was attended by Vicki Jackson, RSIR Broker; Robert Pong, RSIR Broker; Chris Loeliger, Managing Broker for Eastside Operations; and Michael X. Ford, Director of Sales and Designated Broker.
According to the Journal, “to make the list, companies must have recorded revenue of at least $500,000 in 2012 and demonstrated revenue growth through 2014. The firms are privately held during the reporting period and headquartered in Washington state. They cannot be subsidiaries of other companies. Also, the chief executive officer or chief financial officer must submit in writing – and personally vouch for – company revenues for the past three years.”
The global real estate firm officially opened in 2010 with a single real estate branch office in downtown Seattle, which was followed by a second branch on Bainbridge Island in 2011. By 2012, RSIR expanded market coverage to Kitsap County, the South Sound and the North Sound by appointing strategic brokers. In 2013, the company opened a third branch office in downtown Kirkland, the Connoisseurs of Life Showroom and Asia Desk. In 2015 a fourth office was opened in Issaquah.
(From Left): Vicki Jackson, Robert Pong, Chris Loeliger & Michael X, Ford