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Front Page - Friday, May 20, 2016

Crye-Leike retains its No. 6 ranking nationally

Memphis-based Crye-Leike last week announced that it has retained its No. 6 ranking among the nation’s largest residential real estate brokerage firms.

RISMedia”s 2015 Power Broker Report ranked Crye-Leike No. 6 among the top 500 largest residential real estate brokerage firms in the U.S. This ranking was based on Crye-Leike achieving 28,595 closed residential transactions by its 2,822 sales associates in 2015. A transaction represents either the listing or the selling side of a closed transaction.

Chief Executive Officer Harold E. Crye credits the company’s success and No. 6 national ranking to its continued investment in technology, marketing, and providing the company’s sales force with training and the right resources to increase business.

“We maintain an in-house team of information technology specialists who harness ... the Internet to reach homebuyers and to enhance agent productivity and customer transactions,” said Crye. “We never stop innovating to adapt to the ever changing dynamics of the real estate services world. Our numbers prove it, with our company website averaging over 12,000 visitors per day and over 30 million hits per month.”

“Having a robust Intranet, a wide array of services, and comprehensive in-house training programs help our sales associates keep their professional edge and succeed,” said President Dick Leike. “Crye-Leike College was founded in September 1988, and continues to offer new Crye-Leike sales associates free real estate training as well as continuing education for experienced associates.

“We have found in our almost 40 years in the business that if you surround your company with good people and give them the tools they need to succeed, then your company will grow.”

Now in its 28th year, the Power Broker Report is based on responses from RISMedia’s 2016 Power Broker Survey, conducted in January, and ranks firms by closed residential transactions and sales volume for the prior year. More than 1,600 real estate firms from across the country completed the survey.

According to the report, the industry’s largest local, regional, and national brokerage companies collectively closed more than $1.1 trillion in residential sales in 2015, representing more than 3.45 million in closed residential real estate transaction sides.

Source: Crye-Leike