Research and Markets: The US Residential Real Estate Brokerage and Management Industry Includes About 130,000 Companies with Combined Annual Revenue of About $125 Billion

* Reuters is not responsible for the content in this press release.

Tue Jul 7, 2009 1:40pm EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/47d50b/residential_real_e) has
announced the addition of the "Residential Real Estate Brokerage and Management"
report to their offering. 

First Research is the leading industry intelligence company that helps sales
teams perform faster and smarter, open doors, and close more deals. First
Research performs the "heavy lifting" by synthesizing hundreds of sources into
an easy to digest format that a sales person can consume very quickly to better
understand a prospects business issues. 

Executive Summary 

Brief Excerpt from Industry Overview Chapter: 

The US residential real estate brokerage and management industry includes about
130,000 companies with combined annual revenue of about $125 billion. Major
residential leasing and management companies include AIMCO, Equity Residential,
and Trammell Crow Residential; major residential real estate brokers include
Coldwell Banker and Keller Williams. The industry is fragmented: the 50 largest
companies control less than 30 percent of the market. 

COMPETITIVE LANDSCAPE 

Demand is driven by population growth. The profitability of residential real
estate brokerage and management companies depends on demand for properties and
the volume of transactions they handle, both of which are usually higher during
periods of strong economic growth and can be negatively impacted by a recession
or too much new construction. Large companies have only modest economies of
scale and benefit mainly from better name recognition than smaller rivals. Small
companies compete effectively by developing expertise in a single market or
region. 

PRODUCTS, OPERATIONS & TECHNOLOGY 

Major services include leasing residential units to tenants (about 45 percent of
industry revenue), real estate brokerage (40 percent), and property management
(15 percent). Many companies provide multiple services; for example, companies
that lease residential units to tenants might also manage the properties. Some
residential real estate leasing companies operate as real estate investment
trusts (REITs), which are covered in a separate industry profile. 

Residential real estate leasing involves connecting property owners with
tenants. 

Key Topics Covered:

* Industry Overview 
* Quarterly Industry Update 
* Business Challenges 
* Trends AND Opportunities 
* Call Preparation Questions 
* Financial Information 
* Industry Forecast 
* Website and Media Links 
* Glossary of Acronyms

For more information visit
http://www.researchandmarkets.com/research/47d50b/residential_real_e. 

Source: First Research 





Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716 

Copyright Business Wire 2009

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