M
arket dominance is shifting in the US real estate landscape, with top brokerages expanding their reach and capturing a larger share of sales volume. According to T3 Sixty's Mega 1000 ranking, the combined market share of the top 1,000 brokerages rose last year, driven by consolidation and rapid growth among newer players.
The top three firms - Compass, Anywhere Advisors, and eXp - accounted for over $570 billion in sales volume, a staggering 17% of the total. Meanwhile, the top 10% of firms claimed an impressive 42% of the market share. This concentration of power is largely due to strategic acquisitions, with Compass absorbing three major firms last year.
Newcomer LPT Realty made a strong debut at 16th place, boasting a remarkable 194.9% increase in sales volume - nearly triple its previous year's total. Founder Robert Palmer attributes this meteoric growth to the firm's hybrid revenue share model, which offers agents a choice and has enabled organic expansion without acquisitions.
Other notable performers include Real (100.1% increase), The Agency (82.9%), and Keller Williams Philadelphia (325.3%). Compass led in dollar growth, adding $46 billion to its sales volume last year. In contrast, Weichert Realtors saw the largest decline at 16.7%.
The two largest franchise brands - Keller Williams and RE/MAX - also had the most representation on the list, with KW boasting 348 market centers and RE/MAX coming in second with 165.
