Hanna Holdings/Allen Tate Lead the Carolinas, Ranked #2 in the Nation by REAL Trends
Carolinas’ #1 real estate company elevates position in Top 500 brokers as part of Howard Hanna partnership
Hanna Holdings/Allen Tate is the dominant real estate company in the Charlotte and Triad regions of North Carolina, according to the 2020 REAL Trends Market Leaders report. The report ranks the top residential real estate firms in more than 160 metropolitan markets of the U.S.
Hanna Holdings/Allen Tate leads the Charlotte region with 11,148 closed transaction sides in 2019. The companies also lead the Charlotte region in closed sales volume, with $3,368,403,251 in 2019.
Hanna/Tate also dominates the Triad region of North Carolina (Greensboro-Winston-Salem-High Point metro) with 4,933 closed transaction sides and $1,130,998,656 in closed sales volume in 2019.
The companies also rank #3 in 2019 closed sales volume in the Greenville/Spartanburg/Anderson (SC) metro market with $515,020,785 and #7 in 2019 closed sales volume in the Raleigh/Durham/ Chapel Hill (NC) metro market with $732,381,374.
In March, Hanna Holdings/Allen Tate was ranked by REAL Trends 500 as the #2 privately owned brokerage firm in the nation and #4 among the nation’s Top 500 brokers, based on 2019 closed transaction sides. The combined companies closed 100,589 transaction sides in 2019 to earn the rankings. The companies are also ranked #7 in the nation based on 2019 closed sales volume, with $22,475,825,294.
In early 2019, Allen Tate completed a partnership with Howard Hanna. The combined company operates 272 offices in 10 states, with more than 11,000 sales associates and staff. This is the first year that Hanna Holdings/Allen Tate has reported combined transaction sides and closed sales volume for the Real Trends 500 rankings.
REAL Trends 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. Allen Tate has consistently ranked in the top 20 real estate firms in the nation based on closed transaction sides.
“Our partnership with Howard Hanna continues to be mutually beneficial in so many ways. We celebrate our combined successes in 2019, and together, we’ll move forward, safely and smartly, through these new challenges we’re facing in 2020,” said Pat Riley, president and CEO, Allen Tate Companies.
“We have been excited by Allen Tate’s growth and dominance as the leader in the Carolinas. Our partnership will continue to bring added value technology and innovation, along with exclusive tools like Money Back Guarantee, to advance our companies’ growth,” said Howard W. “Hoby” Hanna, IV, president, Howard Hanna Real Estate Services.