CENTURY 21 New Millennium, headquartered in Alexandria, Va., recently announced its ranking as the No. 56 real estate firm in the U.S. in sales volume, according to RISMedia’s 30th Annual Power Broker Report. CENTURY 21 New Millennium reported a total sales volume of $3,010,018,835 in 2017, representing 7,833 closed residential transactions.
RISMedia President and CEO John Featherston congratulated CENTURY 21 New Millennium for their prestigious ranking in this year’s Power Broker Report. “The firms represented are the nation’s most elite brokerage firms serving literally millions of consumers with their real estate needs,” Featherston said. “Even up against extremely scarce supply, Power Brokers posted remarkable sales. With the economy expanding and home prices on a tear, they’re charging forward and leveraging the opportunities. We applaud their commitment to homeownership and congratulate them on their Power Broker standing.”
Both Todd Hetherington, CENTURY 21 New Millennium’s CEO/Co-Owner, and NM’s President/Co-Owner, Mary Lynn Stone, were obviously pleased with the news. “It is a real honor for New Millennium to be recognized so highly on RISMedia’s respected list.” Hetherington said. “Although we rank nationally, we consider ourselves ‘local’ in every aspect of our work.”
“Being on a ‘national’ list can sound far away,” Stone added. “But the truth is that the hard-working sales associates and staff members responsible for our success are helping families buy and sell homes right here in our local communities. National recognition is the result of local effort. We don’t forget that.”
Celebrating its 30th anniversary year, the Power Broker Report has long honored the incredible business feats of remarkable real estate leaders—and brokerage firms—who continue to shape our industry. Each April, RISMedia’s Real Estate magazine highlights the Top 500 Power Broker firms according to sales volume, and the digital version of the Power Broker Top 500 ranks firms according to sales volume and transactions. The complete ranking of the Top 1,000 firms will be available soon at rismedia.com
About Century 21 New Millennium
CENTURY 21 New Millennium is a full-service real estate brokerage with more than 900 real estate professionals across 20 offices in the greater Washington, D.C. area, including portions of Maryland, Virginia and the District of Columbia. The company, which specializes in residential and luxury properties, joined the CENTURY 21® System in 1998, and has established a sound and successful organization providing traditional residential and commercial services, on-site mortgage and title services, insurance, and access to a vast network of relocation and other real estate service providers worldwide. CENTURY 21 New Millennium has been the top-producing CENTURY 21 brokerage in the Mid-Atlantic each year since 1999 and has earned the distinction of No. 1 CENTURY 21 franchise in the World recognition five times since 2010. For more information, visit C21NM.com. Vested in You, Together We’re Better.
About RISMedia’s 30th Anniversary Power Broker Report & Survey
RISMedia’s 30th Anniversary Power Broker Report & Survey is based on an online survey of residential real estate brokerages in the U.S., conducted by RISMedia Jan. 25-Feb. 26, 2018. The survey ranks brokerages by closed sales volume and transaction sides in 2017. Brokerages must have had an individual, shareholder or entity with a minimum 50.1 percent ownership interest, inclusive of subsidiaries, complete the survey, and have had their submissions verified by the associated broker and accountant, CFO or other party who can validate the accuracy of the data submitted. To be eligible for the 2018 survey, brokerages must have completed a minimum of $150 million in residential sales volume in 2017. There is no cost or obligation to participate in the Annual Power Broker Report & Survey.
RISMedia was founded in 1980 by CEO and Publisher John E. Featherston as the residential real estate industry’s definitive source for news and information for real estate’s most profitable and productive professionals. For 38 years, RISMedia has provided the industry with news, trends, and strategies through Real Estate magazine and RISMedia.com, its blog, Housecall, and its renowned networking and educational events, including RISMedia’s Real Estate CEO Exchange; the Newsmakers Awards, Reception & Dinner; and the Power Broker Forum, Reception & Dinner.