#List #of #real #estate #companies
List of real estate companies
69 real estate companies make Inc.’s ‘fastest-growing’ list
Keller Williams Realty, @Properties, Realty One Group, Movoto.com, and FarmAndLand.com are on Inc. magazine’s annual list of the 5,000 fastest-growing private companies in the U.S., which includes 69 companies in the real estate category.
Companies on the Inc. 500/5000 list are ranked by overall revenue growth in the three-year period between 2008-11. In order to qualify, companies had to have generated revenue by March 31, 2008; have generated at least $100,000 in revenue in 2008, and at least $2 million in revenue in 2011; and be privately held, for profit, based in the U.S., and independent (not a subsidiary or division of another company), according to Inc., a publication for entrepreneurs and business owners.
The median growth rate among the 5,000 companies was 97 percent with aggregate revenue of $299 billion. The companies on the list reported creating more than 400,000 jobs between 2008 and 2011.
“Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous,” said Inc. magazine’s editor, Jane Berentson, in a statement.
“The Inc. 500 consists of these just-short-of-miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times,” Berentson said.
Among companies in the real estate category, appraisal and asset management firms topped Inc.’s list.
Marietta, Ga.-based appraisal management company Valuation Management Group topped the list of companies in the real estate category for the second year in a row, with a 6,267 percent jump in revenue growth, to $34.3 million in 2011, up from $25.4 million the year before. The company had 62 employees at the end of 2011, up from three at the end of 2008. It ranked at No. 29 in the overall list of 5,000 companies.
Arlington, Va.-based Innotion Enterprises, which provides technology, management and marketing services to asset managers for real estate owned (REO) properties, ranked second among real estate companies, moving up from the No. 5 spot last year. The company saw a 3,500 percent jump in revenue from 2008, to $35.8 million in 2011. The company grew from 10 employees in 2008 to 43 in 2011. Innotion Enterprises replaced Oklahoma City-based Pointe Vista Development, which did not make the Inc. 5000 list this year, in the No. 2 spot.
Another appraisal management firm, Sherman Oaks, Calif.-based Landmark Network, was third in the real estate category. The company’s revenue grew 2,751 percent from 2008, to $4.3 million in 2011. The company grew from two employees in 2008 to 36 in 2011. Landmark Network replaced Golden Valley, Minn.-based property management firm Renters Warehouse in the No. 3 spot, bumping the latter down to No. 19 in the real estate category.
Ranking fourth among real estate companies this year was asset management and default services company Matt Martin Real Estate Management, also based in Arlington, Va. The company’s revenue grew 2,669 percent from 2008, to $31.4 million in 2011. The company grew from 50 employees in 2008 to 110 in 2011. Atlanta-based PalmerHouse Properties, which previously held the No. 4 spot, is now ranked at No. 7.
Scottsdale, Ariz.-based Loan Resolution, which provides home retention, short sale and REO asset management, and property management services, ranked fifth among companies in the real estate category. That company’s revenue jumped 2,540 percent from 2008, to $10.6 million in 2011. The company had 207 employees in 2011, up from 19 in 2008.
Several real estate brokerages were included among the fastest-growing companies, including The Force Realty, McGeough Lamacchia Realty, Asset Realty Group, Prudential Americana Group Realtors, @properties, Rapid Realty, Maximum One Realty Greater Atlanta, Keller Williams Capital Properties, Realty One Group, and ERA Sunrise Realty. The latter four were also on last year’s Inc. 5000 list.
Keller Williams Realty, a franchisor that provides services to brokerages, also made the list, thanks to 28 percent growth over the last three years.
Henderson, Nev.-based Realty One Group has been on the list for four years straight and expanded into franchising earlier this month. This may be the brokerage’s last appearance on the list, however, since the company has announced its intention to go public sometime this year.
Seattle-based property search and valuation site Zillow ranked 20th among the fastest-growing private real estate companies last year, but has since gone public and is therefore not on the list this year.
Following is a list of the 69 real estate category companies:
SOURCE: SOURCE: NEF2.COM