Never before have so many different elements of the residential real estate brokerage business and organization been indexed, ranked and catalogued into one comprehensive compendium.
It is the residential real estate brokerage industry’s largest and most extensive collection of industry data and meaningful analysis.
The industry is changing faster now than it ever has, as the large amounts of capital injected into real estate in the last few years have accelerated innovation, technology and new business models. After conducting a thorough historical industry analysis, T3 Sixty uncovered a pattern of innovation cycles, or stages as we refer to them, whose spans range approximately fifteen years with different components driving each stage. See table below.
The current stage, which began in approximately 2012, is dominated by the disproportionately large amounts of capital pouring into the industry. From 2014 to 2019, the amount jumped nearly 500 percent from $725 billion in 2014 to $3,347 billion in 2019.
As transformation happens, the Real Estate Almanac keeps track of the change and enables us to remain current and aware of the shifts. It allows us to accurately understand who in the industry is succeeding at the highest levels: leaders, brokerages, franchisors, Realtor associations, MLSs and technology providers. The Almanac is an invaluable reference guide.
If you were one of the approximately 2,000 companies or individuals included congratulations; if you weren’t, good luck for next year. Otherwise, simply use the resource, appreciate the insight it provides us, reference the data when writing or presenting, and use the numbers as benchmarks and targets when mapping out your goals.