CBSREC Newsroom

Coldwell Banker Schmitt Again Ranked Among The Top 500 Real Estate Brokerages


the 2020 RIS Media Power Broker 500 Survey of Top Brokers
Posted: April 06, 2020 by Stephen Mizner

Florida Keys – April 4, 2020 – Coldwell Banker Schmitt Real Estate Company (CBSREC), based on dollar volume of sales for 2019, was ranked among the largest real estate companies in the United States, appearing at #473 in RISMedia’s 2020 Power Broker Report based on dollar volume of sales for 2019.

CBSREC, once again and for the sixth time, is the only real estate company from the Florida Keys to be ranked among the top 500 real estate companies in America.  The National Association of Realtor statistics indicate there are over 80,000 real estate brokerages in America placing CBSREC among the top one-half of one percent of real estate companies in the United States.

RISMedia President & CEO John Featherston congratulated Coldwell Banker Schmitt for its ranking in this year’s Power Broker Report. "Congratulations to all the leaders and their respective management teams and sales associates, who have contributed to the collective success represented in the 32nd Annual Power Broker Report," Featherston said. "While the Power Broker Report provides a look into the achievements of our industry's largest firms, every one of these firms, and especially their sales associates, are facing tremendous adversity due to the impact of the coronavirus on all of our communities. Our industry is extremely fortunate to have so many industrious, effective and dedicated businessmen and women, and it is our honor to celebrate this year's leaders in both transactions and closed dollar volume. We all hope and pray we recover from this crisis soon."

RISMedia's 32nd Anniversary Power Broker Report & Survey is based on an online survey of residential real estate brokerages in the U.S., conducted by RISMedia Jan. 18-Feb. 25, 2020. The survey ranks brokerages by closed sales volume and transaction sides in 2019. Brokerages must have a majority ownership interest, inclusive of subsidiaries, to 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 2020 survey, brokerages must have completed a minimum of $75 million in residential sales volume in 2019. There is no cost or obligation to participate in the Annual Power Broker Report & Survey.

Brian Schmitt, CBSREC’s president and broker, noted “While we been ranked among the Top 500 in RIS Media’s surveys on five previous occasions – the only Florida Keys real estate company ever to be included in any year --  our appearance this year is a remarkable accomplishment given the size of the Florida Keys housing market relative to those of the nation’s major metro areas.  Congratulations to our Realtors® and staff for their dedication and hard work, and we want to especially thank our customers for their loyalty and trust in us.”

Founded in 1955, Coldwell Banker Schmitt is the oldest and largest real estate company in the Florida Keys with offices conveniently located in each of the five major Keys market areas. It has been the Keys-wide leader in listings and sales since 2005 and boasts a 98+ percent rating for customer satisfaction. For additional information, visit Coldwell Banker Schmitt’s website at RealEstateFloridaKeys.com, or email info@cbschmitt.com, or call any of its five locations in the Florida Keys. To learn more about professional opportunities and why Coldwell Banker Schmitt agents and staff average more than ten years of service with the company – 2.5 times the industry average -- visit the Careers center.

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