Rose & Womble Realty Company is pleased to announce that it has ranked as a top 500 Power Broker in the United States in sales volume, according to RISMedia’s 27th Annual Power Broker Report. In 2014, Rose & Womble reported a total sales volume of over $1 billion dollars, representing 4,016 closed residential transactions.
“We had an outstanding 2014,” said Rose & Womble Resale President Ron Foresta. “The dedication of our entire team, from the agents to our corporate staff, is what sets our company apart in the marketplace. We’re only as good as the people who work for us, and we have the best agents in Hampton Roads.”
This year’s Power Broker Report is based on responses to RISMedia’s 2015 Power Broker Survey, distributed in early January. More than 1,000 real estate firms from across the country completed the Power Broker Survey, reporting a collective 3,203.736 closed residential transactions in 2014, accounting for a total of $972,888,910,471 in sales volume.
Rose & Womble Realty Company is the largest, independently owned real estate firm in Virginia, and continues to dominate the Hampton Roads real estate market which runs from North Carolina to Williamsburg.
RISMedia President & CEO John Featherston congratulated Rose & Womble for their prestigious ranking in this year’s Power Broker Report. “The firms represented are the nation’s most elite brokerage firms serving literally millions of consumers with their real estate needs,” Featherston said. “2014 was a growth year for many real estate firms across the country, as low inventory created a ripe environment for home sellers and move-up buyers, and continued low interest rates and rising rents enticed more new buyers to take action.”
RISMedia’s Annual Power Broker Report ranks firms by closed transactions and sales volume for the prior year. The Top 500 rankings appear in the April issue of Real Estate magazine and online at rismedia.com. The complete ranking of all firms that meet the criteria will be available in the 2015 Power Broker Report publication, available both digitally and print this summer.