Realogics SIR Ranks Among the Top 10 Largest Residential Real Estate Brands in Washington

I am proud to share that Realogics Sotheby’s International Realty ranked among the top ten largest real estate brands in Washington State according to a recent report by Trendgraphix as of May 2016 based upon the trailing 12 months of total sales volume. The data suggests that amongst its peer group of established brokerage firms, RSIR is the fastest-growing, increasing its unit volume and gross sales volume by 25-percent and 53-percent, respectively year-to-date (May 2016) compared with 2015. Also noteworthy, RSIR consistently maintains the highest average listing and buyer side sales values and the greatest production on a per broker basis compared with its peers. As an independently owned and operated franchise, RSIR does not aggregate or report the sales activity of other affiliates in Washington.

“These statistics further validate the power of our brand, our marketing prowess and the hard work of our dedicated real estate professionals. Our agents have earned the trust of our valued clients by acting as industry change agents proudly serving all property types and price points,” said Jennifer Johnsen, Vice President of Brand Development. “When combined, all these factors are having the intended effect in our industry.”

Realogics Sotheby's International Realty Makes RISMedia's List of Top 500 Power Brokers

RISMedia recently released their “28th Annual Power Broker Report,” which outlines current and future market trends in addition to their top 500 list of power brokers. Realogics Sotheby’s International Realty ranks #285 on the list, with $770,863,297 in sales volume in 1,038 transactions with 5 offices and 142 agents (as of the report date).

“I am thrilled to see our boutique firm ranked among the top  brokerages in the nation,” said Stacy Jones, Owner & Vice President of Realogics Sotheby’s International Realty. “Since the April 2016 report, we have continued to add agents and achieve higher sales volume and look forward to sustaining our growth in the future.”

As the report describes, “the results of RISMedia’s Power Broker Survey reflect the overall pattern of the housing market last year. While 45 percent described their markets as ‘growing,’ stable was a close second. Power Brokers reported a collective $1,122,919,847,964 in sales volume and 3,406,863 transactions. This represents a more than $150 billion increase in sales volume over 2014 – a clear indicator of low inventory driving prices higher.” Influences that were noted throughout the report include low inventory and millennials, where a staggering 60% of the housing market is attributed to either move-up buyers or first-time homebuyers/millennials.

Read the Full Report >>

Realogics SIR Appoints 25 Year Real Estate Veteran Joe Galindo to Vice President of Operations

Executives of Realogics Sotheby’s International Realty announced today the appointment of Joe Galindo as Vice President of Operations within the expanding global brokerage network. Galindo will provide direct management over the company’s Eastside branch offices in Kirkland and Issaquah, which comprise of 80+ brokers and employees, while also offering companywide operational support as the fast-growing firm expands throughout central Puget Sound.

“We are very fortunate to welcome Joe to our growing team of industry professionals,” said Dean Jones, President and CEO of RSIR. “As our company has expanded so has the need for his proven operational leadership.”

Offering more than 25 years in real estate experience, Galindo has earned the respect of the local real estate community having operated as a successful broker, a franchise owner and a branch manager. In addition to providing regional Eastside branch management from the flagship Kirkland offices, Galindo will also participate in a committee for strategic growth alongside Jennifer Johnsen, Vice President of Brand Development, who joined RSIR earlier this year.

“I’m excited to join Realogics Sotheby’s International Realty,” said Galindo. “For many years I have witnessed the evolution of RSIR locally and that of the Brand worldwide. Now I’m in a position to help resource this growth from within, applying my passions and my talents in building better brokers and attracting new talent to the team.”

Above: Joe Galindo is a 25 year veteran of the local real estate industry with experience as a broker, franchise owner and branch manager.

Consistently ranked by the Puget Sound Business Journal among the top ten largest real estate firms in Washington, RSIR has distinguished itself as a market leader in new construction project marketing and continues to grow its robust resale division generating among the highest average production on a per agent basis. According to Trendgraphix research, RSIR has surpassed its direct peer group with leading annual growth rates of unit sales and gross home sale dollar volumes, expanding 16-percent and 45-percent, respectively. The company is entrusted with many of Washington’s most valuable property listings but proudly serves all property types and price points.

“Together we are building the next generation real estate company,” added Galindo.

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