The Real Deal Miami

United Realty sees biggest increase in agents in Broward: TRData

The Plantation-based firm hired 111 agents since October
By Katherine Kallergis | February 03, 2016 12:45PM

Aerial view of Fort Lauderdale in Broward County

Aerial view of Fort Lauderdale in Broward County

Plantation-based United Realty Group has grown the most of all brokerage firms in Broward County over the last 90 days.

The five biggest real estate brokerage firms in Broward shifted their rankings as of mid-January, according to data analyzed by The Real Deal. At the top of the list, United Realty grew by nearly 9 percent, or 68 agents, over the past three months, according to data from the Florida Department of Business and Professional Regulation.

United Realty Group's Melanie Brownell and Duff Rubin of Coldwell Banker

United Realty Group’s Melanie Brownell and Duff Rubin of Coldwell Banker

In an October ranking, Coldwell Banker and United Realty tied for the No. 1 spot. Keyes Company, Beachfront Realty and Charles Rutenberg Realty followed in that order. In January, Coldwell Banker dropped to No. 2, Keyes remained in No. 3, Charles Rutenberg moved up a spot to No. 4 and Beachfront dropped to No. 5.

The firms’ business models were vastly different: some offered full commissions and little training, while others offered training, tools and high commission splits.

As of Jan. 16, United Realty had 856 licensed agents in Broward County, records show. The firm is No. 1 in a ranking of the number of actively licensed agents, according to the state records.

United Realty hired 111 new agents during the three-month period. The turnover rate, or percentage of agents who left during that period of time was 5.58 percent. The percentage of brokers who left and are no longer recorded with other firms in Broward was 25 percent, the data shows. And the percentage of new brokers who were not previously affiliated with other firms in Broward was 27 percent.

Here is the latest January ranking of the biggest Broward brokerages:

FirmNumber of agents (Present)Number of agents (October 2015)Percent change
United Realty Group Inc.8567888.63%
Coldwell Banker Residential Real Estate780788-1.02%
Keyes Company7727404.32%
Charles Rutenberg Realty5285152.52%
Beachfront Realty512518-1.16%

TRD Researcher Eda Kouch contributed reporting.