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.
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
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters