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NYC’s Top Residential Real Estate Brokers – Q2 2023

NYC's Top Residential Real Estate Brokers - Q2 2023
In this article

Introduction

This analysis examines the operations of real estate agents who were licensed with a firm based in New York City from April 1st, 2023, to June 30th, 2023.

Each real estate licensee and each brokerage firm are considered independent entities as recorded by the Department of State (DOS). For example, “Douglas Elliman Real Estate” and “Douglas Elliman Referral” are considered separate brokerage firms for the purpose of this report.

This report highlights the top-performing real estate firms based on Corofy’s key performance indicators, which include a firm’s growth, hiring, turnover, and retention. Only residential firms are considered.

Top 10 NYC Growth by Percentage

Berkshire Hathaway Homeservices New York Properties is the fastest-growing residential firm by percentage in New York City between April 1st, 2023, and June 30st, 2023, with an agent growth of 43.06%.

The following position goes to Real Broker NY , which grew its headcount by 17.24%.

Casa Blanca ranked 3rd, with a 12.15% growth.

[tablesome table_id='25620'/]
11.68%
Is the average growth percentage of the 10 fastest growing firms by percentage of agent count between April 1st, 2023, and June 30st, 2023.

Top 10 NYC Growth by Headcount

Berkshire Hathaway Homeservices New York Properties ranked as the top firm in New York City in agent growth by headcount between April 1st, 2023, and June  30st, 2023. The brokerage grew its headcount in 62 agents.

They were followed by Exp Realty and Howard Hanna Rand Realty which added respectively 53 and 47 agents to their brokerage headcount.

[tablesome table_id='25631'/]
329
Is the cumulative number of agents from all firms that ranked in the Top 10 in New York City by agent head count between April 1st, 2023, and June 30st, 2023.

Top 50 NYC By Agent Count

New York City’s top 3 major players, Douglas Elliman Real Estate, Compass, and Corcoran Group remain unchanged, ranking in the top 3 spots by agent count in NYC.
[tablesome table_id='25593'/]
24,194
Is the cumulative number of agents from all firms that ranked in the Top 50 in New York City by agent headcount between April 1st, 2023, and June 30st, 2023.

About Corofy Data & Intelligence

Corofy computes various data sets to arrive at the most accurate and comprehensive intelligence for real estate brokerages in New York City, including independent third-party sources, open public data, and proprietary Corofy data. We are committed to upholding the integrity of our proprietary data. We go to great lengths to ensure we provide you with the most complete, accurate, and in-depth information.

Conclusion

Every month, we analyze the New York City brokerage industry to uncover which brokerages are leading the way in terms of overall growth, agent headcount, and retention.

The New York City real estate market is consistently dynamic and this Quarter was no different in this respect.

Congratulations to the growing brokerages changing the New York City real estate game with a unique approach to people and growth.

See you next Quarter!

Who is Corofy?

Before being a school, Corofy is a community. Our founder, Eddy Boccara, started his real estate career as a real estate salesperson looking for a side hustle.

Since then, he’s had a passion for New York real estate and specifically the talented individuals that take the leap to get their real estate license and help this industry progress.

Eddy created Corofy with one goal in mind: to provide people with quality real estate education that actually helps them build a career they can be proud of.

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