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United Realty sees biggest increase in agents in Broward: TRData

United Realty sees biggest increase in agents in Broward: TRData
The Plantation-based firm hired 111 agents since October
February 03, 2016 12:45PMBy Katherine Kallergis

Aerial view of Fort Lauderdale in Broward County

The five biggest brokerage firms in Broward shifted their rankings as of mid-January, according to data analyzed by The Real Deal.
At the top of the list, United Realty Group, based in Plantation, grew by nearly 9 percent, or 68 agents, over the past three months, according to data from the Florida Department of Business and Professional Regulation.
United Realty Group’s Melanie Brownell and Duff Rubin of Coldwell Banker

In an October ranking, Coldwell Banker and United Realty tied for the No. 1 spot. Keyes Company, Beachfront Realty and Charles Rutenberg Realty followed in that order. In January, Coldwell Banker dropped to No. 2, Keyes remained in No. 3, Charles Rutenberg moved up a spot to No. 4 and Beachfront dropped to No. 5.
The firms’ business models were vastly different: some offered full commissions and little training, while others offered training, tools and high commission splits.
As of Jan. 16, United Realty had 856 licensed agents in Broward County, records show. The firm is No. 1 in a ranking of the number of actively licensed agents, according to the state records.
United Realty hired 111 new agents. Here’s a breakdown:
Turnover rate: 5.58%
Percentage of brokers who left and are not at Buy Direct Real Estate: 15.9%
Percentage of brokers who left and are no longer recorded with other firms in Broward: 25%
Percentage of new brokers who were not previously affiliated with other firms in Broward: 27%
Here is the latest January ranking of the biggest Broward brokerages:
Firm
Number of agents (Present)
Number of agents (October 2015)
Percent change
United Realty Group Inc.
856
788
8.63%
Coldwell Banker Residential Real Estate
780
788
-1.02%
Keyes Company
772
740
4.32%
Charles Rutenberg Realty
528
515
2.52%
Beachfront Realty
512
518
-1.16%

TRD Researcher Eda Kouch contributed reporting.


Source: The Real Deal

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