Last Updated on September 29, 2022
Hanna Holdings/Allen Tate is the #1 privately owned real estate company in the country, according to the 2021 Real Trends 500 and RISMedia Top 500 Power Broker reports.
The combined companies closed 105,455 transaction sides totaling $26,675,493,996 in 2020 to earn the rankings. The companies are also ranked among the top five largest brokers overall, based on closed transaction sides, by both reports.
Allen Tate Realtors® leads the Carolinas in closed sales volume, with $6.15 billion and 19,949 closed transaction sides in 2020.
REAL Trends 500 is an independently verified annual ranking of the nation’s top 500 residential real estate brokerage firms by transaction sides and sales volume for the previous year.
RISMedia Power Broker Report is the industry’s most comprehensive report ranking the top 1,000 brokerages in the United States by transaction sides and sales volume. The company released a sneak peek of their Top 500 firms in advance of the full Top 1,000 report, for release later this year.
In early 2019, Allen Tate completed a partnership with Howard Hanna. The combined companies operate more 300 offices in 11 states, with more than 12,000 sales associates and staff. This is the second year that Hanna Holdings/Allen Tate has reported combined transaction sides and closed sales volume for the Real Trends 500 and RISMedia Power Broker rankings.
“Last year presented challenges and opportunities that we never could have expected. But our partnership with Howard Hanna – as two private, family-owned and operated companies with local market ties – allowed us to succeed, grow and flourish, resulting in our best year ever,” said Pat Riley, president and CEO, Allen Tate Companies.
“It has become clear that our customers, associates and partners appreciate the value of a privately owned company,” said Helen Hanna Casey, chief executive officer, Howard Hanna Real Estate Services. “As more and more companies become owned by shareholders, it is vital to keep local ties.”
“Our commitment to evolution continues to be the differentiator for Howard Hanna/Allen Tate,” said Howard W. “Hoby” Hanna, IV, president, Howard Hanna Real Estate Services. “We will continue to introduce revolutionary tools to improve our consumer experience and make sure agents have access to the best education and resources to help them learn and grow as professionals.”
