RISMedia Ranks Top 700 Brokers in 20^th Annual Power Broker Report & Survey

PMZ Real Estate is proud to announce that it has been named to RISMedia’s 20^th Annual Power Broker Report & Survey. PMZ Real Estate ranked in the top 200 real estate brokerages nationwide in closed transaction sides in the Power Broker Report, which identifies and ranks America’s largest residential real estate brokerage companies by transaction sides and sales volume.

The results of this year’s Power Broker Survey reflect the market downturn felt from coast to coast. Longer listing times, more cautious buyers and the mortgage meltdown resulted in fewer total transactions—2,322,210 in 2007 compared to 2,754,618 in 2006. Meanwhile, price appreciation continued its decline, resulting in lower total sales volume—$749,201,552,294 in 2007 compared to $855,755,959,352 in 2006.