RISMedia released its 24th Annual Power Broker Survey in the magazine’s April issue, and Baird & Warner was listed among the largest and highest producing real estate companies in the country.
This ranking includes brokerages that meet specific transaction, sales volume, total office and total agent criteria to come up with a 300-company list. Out of 300, Baird & Warner was ranked number 12.
“I’ve always been confident in our place among the best of the best in the real estate industry, but a third party validation from RISMedia is significant,” said Steve Baird. “While 2011 was another tough year for the housing market, we performed admirably and all signs are pointing up. We’re very optimistic about 2012.”
Last year saw more declining home values, but many power brokers predict that it was the final chapter in the six-year struggle. In the 2012 Power Broker Survey issue, the magazine gauges agent sentiment with regard to the future of the housing market.
While many are cautiously optimistic, there are several factors that have brokers betting on a better year: rising rents combined with low home prices have now made owning a home more affordable than renting one; the overall employment picture is improving; and investors will begin decreasing excess inventory which could provide an unanticipated boost to home values.