Best Real Estate Companies to Work In 2023

Are you interested in working for a real estate company or broker? Do you want to know the best real estate companies to work for in 2023? Have you been curious about the benefits you would get working for the best real estate companies in the United States? This article on the best real estate companies to work for would provide and equip you with all the knowledge necessary to know what real estate company to work for in 2023.

What Is Real Estate?

Real estate can be defined as real, or physical properties like land, buildings, estates, underground rights below land, or even air rights above land, it differs from personal property, which is not attached to the land. Real Estate can also be defined as the buying, selling, and production of properties (Business-wise definition).

There are notably five main divisions of real estate; residential, commercial, industrial, raw land, and special use. Direct investment in real estate implies the buying, renting, or selling of a property. While indirect investment implies investments made via REITs or pooled real estate.

Best Real Estate Companies to Work For

There are various real estate companies that one can work for in 2023. Do note that this list isn’t in any accordance or order.

#1. eXp Realty

eXp Realty is a real estate brokerage, established in 2009 and growing at a fast pace, eXp Realty is available in 21 different countries around the world with an existing community of over 83,000+ real estate professionals all connected around the world.

eXp Realty tasks its agents with finding homes for buyers and also aiding sellers find a buyer with ease.

The firm’s commission and cap system are designed to be user-friendly, making it very easy to understand. Working with eXp Realty will provide you with a cap of $16,000 while splitting it by 80/20. Once the agent meets the Cap, the agent will be granted 100% commission.

Since eXp Realty is a virtual, cloud-based brokerage company, working with eXp Realty would give you the flexibility of working remotely, working at any hour and whenever you are comfortable. eXp Realty also gives the agent the ability to own their real estate businesses, eXp also provides training, support, and education to their agents.

eXp also has a referral system, where the agents and company would agree on a certain percentage to be paid in commission for every agent that he or she refers.

Working for eXp also gives you the choice of different income options, like the referral system, and even the availability of stock options once the agent(s) has met the target cap for the year.

In Summary, working with eXp Realty would fit agents planning on getting a remote job, while working at your convenience, and the benefits are summarized as;

1. Extensive Training, and Support.
2. Tech solutions and lead generation.
3. Revenue Sharing.
4. Stock and Stock Ownership.
5. Virtual Working.

#2. Real Estate Maximus (Re/Max)

RE/MAX is an international real estate company boasting over 100,000 agents and over 6,800 offices while operating in over 100 different countries across the world. Real Estate Maximus (RE/MAX) was established in January 1973 with its headquarters located in Denver, United States.

RE/MAX was founded by Dave and Gail Liniger and currently has Adam Contos as C.E.O, Karri Callahan as C.F.O, and Serene Smith as C.O.O making an average of $177 million as revenue.

RE/MAX’s first franchise was purchased in 1975, Dennis Curtin had purchased the franchise in Kansas City. It took two years for RE/MAX to grow to 100 franchises. RE/MAX organizes a convention in Las Vegas annually, an event that originated in 1976.

Real Estate Maximus (RE/MAX) works with a maximum commission concept, which implies that agents are allowed to keep most of their commissions and would be paying their brokers a percentage of their commission on each of their sales.

RE/MAX doesn’t have in place any policy about caps, splits, or desk fees, all these policies are discussed at a local and physical level, and the agent and company would have to reach an agreement on such policies.

Read Also: SALES COMMISSION: Meaning, Agreements, Structure, & Rates

As an agent, you have some flexibility regarding how you can receive your commissions. You also get the freedom to explore marketing options, this gives you the ability to be independent.

Real Estate Maximus (RE/MAX) brokerage is one of the most recognized international brokerages and therefore attracts the top guns of real estate, this gives the new agents recruited at Real Estate Maximus (RE/MAX) the right leadership and gives them unfair advantage when compared to newbies at other brokerages.

In, Summary the advantages of working with Real Estate Maximus are listed below;

1. Work from Home Policy.
2. Unique Office Space.
3. Dental Insurance.
4. Vision Insurance.
5. Health Insurance.
6. Paid Holidays
7. Maternity.
8. Employee Stock Purchase Plan.

#3. Keller Williams Realty

Keller Williams is an American International real estate franchise, established in 1983 by Gary Keller and Joe Williams, with its headquarters in Austin, United States. According to statistics, Keller Williams boasted the highest number of available agents and sales in 2018 and 2019. It is run by Carl Liebert as CEO (KWx), Stacie Shirley as CFO (KWx), Gary W. Keller as Executive Chairman (KWx), Mo Anderson as Vice Chairman, Marc King as President, Ann Yett as CFO, Darrell King as CCO and over 190,000 working associates.

Keller Williams is operated by a holding company called KWx. KWx was created in 2020. Keller Williams has over 980+ franchises all over the world. In 2018, Keller Williams made the list of the “happiest companies to work for”, and as of 2014, it became the largest real estate franchise by agent count in North America.

In 2017, Keller Williams announced its positioning as a technology company and also introduced Kelle an artificial intelligence app that aids their real estate agents, which included an agent-to-agent referral platform.

 Keller Williams offers compensation plans and welcomes new agents who are looking to build a career. Keller Williams Market Centers have a policy called “cap”. The cap is a stipulated amount of money each agent in a market center pays to support the company. Whenever an agent hits the cap stipulated, the agents then get to keep 100% of their commission.

Read Also: BEST LARGE CAP STOCKS IN 2023

It also has a referral system in place, that allows agents to receive a secondary commission if the agent’s referred agent closes a sale. You also continue to earn if the referred agent recruits another agent.

Due to Keller Williams’s competitive atmosphere, there are various pieces of training made available for newly recruited agents. Keller Williams large number of agents and a lot of senior agents are made available to mentor the newly recruited agents.

In Summary, the vast benefits of working with Keller Williams are;

1. Flexible Hours.
2. Retirement Plan.
3. Health Insurance.
4. On-Site Wellness Staff and gym.
5. Paid Parental Leave.
6. Continuing Education.
7. Generous Paid Time Off.
8. KW Cultural Events.
9. And Casual Dressing.

#4. Coldwell Banker Real Estate LLC

Coldwell Banker is an American real estate franchise, established in 1906 in San Francisco. It is owned by Realogy and was Founded by Colbert Coldwell, Albert Nion Tucker, and John Conant Lynch, and run by M. Ryan Gorman as CEO, and Benjamin Arthur Banker as Partner.

Coldwell Banker used to be called the “Sears Financial Network” from 1981-1993. Coldwell Banker boasts approximately 3,000 offices in 49 different countries across the globe.

The brokers are non-competing, I.E they do not have deals or work as agents with clients, rather, they are made available to aid you as a newbie.

Coldwell Banker also offers training to their agents and even organizes bi-monthly sales meetings to discuss different issues with their agents.

Coldwell Banker has always followed the hybrid work model, which makes working flexible for agents.

In Summary, the vast benefits of working with Coldwell Banker are;

1. Health Insurance
2. Retiree Health and Medical Insurance.
3. Retirement Plan.
4. 401K plan.
5. Flexible Hours
6. Work from home.
7. Military Leave.
8. Volunteer Time Off.
9. High Reputation
10. Stability.

#5. Fathom Realty

Fathom Realty, is an American real estate franchise that specializes in agent support, superior technology, effective training, and mentorship. Established in 2010 by Joshua Harley, boasting around over 5000+ agents and in over 27 states across the United States.

 Fathom Realty affords their agents the ability to keep 100% of their commissions but has to pay a flat fee on the earned commission.

The firm provides the best technology available in real estate, high-level agent support, and amazing training opportunities.

Fathom Realty provides their agents access to different financial options like stock grants for sale and a referral system

Whenever a new agent joins Fathom Realty, the agent is provided 500 business cards, a name badge, and a brokerage shirt.

In Summary, the vast benefits of working with Fathom Realty are;

1. Availability of collaborative work environment.
2. Agent Stock.
3. 100% Commission.
4. Effective Training.
5. Cutting-Edge Technology.
6. Awesome Support.
7. Servant Leadership.
8. Insurance Plans.

#6. Century 21 Real Estate LLC

Century 21 is an American real estate agent franchise, established in 1971 by Art Barlett, and Marsh Fisher with its headquarters in Madison, New Jersey, United States. The firm boasts approximately 14,000 broker offices in over 86 countries and over 147,000 agents.

Century 21 is run by Michael Miedler as President and CEO, Greg Sexton as COO, and Cara Whitley as CMO, and is operated by Apollo Global Management.

Century 21 has put in place a unique lead management system, that controls their sector of national advertising and public relations to local marketing campaigns and billboards.

In Summary, the vast benefits of working with Century 21 are;

1. Paid Holidays/Vacations.
2. Paid Sick Leave.
3. Casual Dress and Atmosphere.
4. Flexible working hours.
5. Life Insurance
6. Dental Insurance

Best Real Estate Companies to Work for in New York City

Some of the best real estate companies to work for in New York City are listed below, please note that the list above is not listed in any order or accordance.

1. Rbc Holding Co Ltd
2. Brookfield Properties
3. LeFrak.
4. WeWork.
5. Newmark Grubb Knight Frank.
6. Cushman & Wakefield.
7. Sentinel Real Estate.
8. Christie’s.
9. TF Cornerstone.
10. Tishman.

Best Real Estate Companies to Work for in Florida.

Some of the best real estate companies to work for in Florida are listed below, please note that the list above is not listed in any order or accordance.

1. Charles Rutenberg Realty.
2. CSX.
3. Independent Imaging.
4. Seacrest Services.
5. Black Knight.
6. KW Property Management and Consulting.
7. Minto Communities Florida
8. Turnberry.
9. Rialto Capital
10. Crescent Heights.

Best Real Estate Companies to Work for in California.

Some of the best real estate companies to work for in California are listed below, please note that the list above is not listed in any order or accordance.

1. Move.
2. CBRE Group.
3. Lyon Real Estate.
4. DFC Holdings LLC.
5. Castle and Cooke.
6. Intero Real Estate Services.
7. First Team Real Estate.
8. WNC.
9. CIM Group.
10. Steadfast Companies.

Conclusion

There are vast numbers of real estate companies or brokerages in the United States. In this article, we talked about the best real estate companies to work for in 2023, listing out details on the companies and the benefits of working for each company. We highlighted some of the best real estate companies to work for in New York City, the best real estate companies to work for in Florida, and the best real estate companies to work for in California.

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References

• Zippia
• Forbes
• Glassdoor