After being bumped to second place for two consecutive years, Northwest Arkansas’ Coldwell Banker affiliate is back on top of the Northwest Arkansas Business Journal’s annual ranking of the largest residential real estate firms.
Fayetteville-based Coldwell Banker Harris McHaney Faucette, with branch offices in Rogers, Siloam Springs and Bentonville, claimed the top spot on the list, according to data provided by the Northwest Arkansas Board of Realtors (NABOR). The company’s residential Realtors combined to produce a sales volume of $693.03 million in 2019, up nearly 13% from 2018 totals of $614.21 million.
After two years in the top spot, Keller Williams Market Pro Realty slipped to No. 2 in 2019 with residential sales volume of $661.77 million, up 4.9% from $630.73 in 2018.
Lindsey & Associates, with offices in Fayetteville and Rogers, is No. 3 on the list with $630.16 million, a 6.4% increase from 2018. Together, the “Big Three” represented 43.7% of all sales on the list of largest firms.
Firms had to have a total sales volume of $30 million or more in 2018 to be included.
Kendall Riggins, a longtime agent with Lindsey & Associates of Fayetteville, topped the Business Journal’s list of top residential agents for the third year in a row and seventh time overall. Riggins closed 2019 with a residential sales volume of $47.31 million, a 12.1% jump from 2018.
Linda Marquess (Riverwood Homes Real Estate), Toby Crawford (Crawford Real Estate & Associates) Misty McMullen (McMullen Realty Group) and Nicky Dou (Keller Williams Market Pro Realty) rounded out the top five.
For the fourth consecutive year, the Business Journal put a ceiling on its annual ranking of area Realtors with a Top 100 list. In the past, the publication ranked every local Realtor who exceeded a minimum dollar amount in sales volume. As the number of Realtors grew and the area’s population boomed, the list became cumbersome.
The agents in this year’s Top 100 list — including every agent with at least $7.14 million in residential sales volume in 2019, according to NABOR — combined for a sales volume of $1.29 billion. That’s up 5.7% from $1.22 billion in the 2019 Top 100 list.
In a more distinct apples-to-apples comparison, the 10 highest-producing Realtors on the Top 100 list this year combined for a sales volume of $296.23 million. That’s up 3.8% from a cumulative total of $285.29 million in 2018.
In the team sales category, Limbird Real Estate Group of Rogers — which records its residential sales volume as one collective team — topped the list with $132.42 million in 2019, up 11.6% from 2018 and nearly double the amount of the No. 2 team on the list.
For a PDF of the top-producing agents, teams and firms in the region, click here.
For a PDF of the 10 most expensive home sales in the region last year, click here.