Coco, Early and Associates, headquartered in Methuen, Massachusetts, recently announced its ranking as the No. 377 real estate firm in the U.S. in sales volume, according to RISMedia’s 31st Annual Power Broker Report. Coco, Early and Associates reported a total sales volume of $757,623,850 in 2018, representing 2,237 closed residential transactions.
RISMedia President and CEO John Featherston congratulated Coco, Early and Associates for their prestigious ranking in this year’s Power Broker Report. “The firms represented are the nation’s most elite brokerage firms serving literally millions of consumers with their real estate needs,” Featherston said. “Even with inventory and economic uncertainty as chief concerns amongst brokers, RISMedia’s Power Brokers continued to prove resilient, closing a tremendous amount of transactions in 2018. We applaud their commitment to home ownership and congratulate them on their continued success and Power Broker rankings.”
Collectively, the Top 1,000 Power Brokers earned $1,424,776,652,825 in sales volume and closed 3,881,412 transactions in 2018, and encompass more than 515,600 agents in over 8,500 offices in the U.S.
The majority of brokerage firm participants reported the same sentiment: balance. According to 49 percent of respondents to the survey, there is “balance” in the housing market today, despite headwinds including the inventory shortage, a challenge for the majority of respondents, at 49 percent, and “economic uncertainty,” a concern for 25 percent of respondents, representing a steep uptick from 1 percent in 2018.
Additional findings and interviews are available now on RISMedia.com.
Now in its 31st year, RISMedia’s Power Broker Report has long honored the incredible business feats of remarkable real estate leaders—and brokerage firms—who continue to shape the real estate industry. Each April, RISMedia’s Real Estate magazine highlights the Top 500 Power Broker firms according to sales volume, and this year, an updated interactive digital directory of the Power Broker Top 1,000 allows visitors to search the Top 1,000 Power Brokers by sales volume, company name, brand, transaction rank, and more.