2012 REAL Trends 500 Reports Atlantic & Pacific Real Estate 22nd Largest Independent Residential Brokerage for Unit Production
Carrington Real Estate Services announced that it was ranked as the 36th largest brokerage and 22nd largest independent brokerage as ranked by transactions in the 2012 REAL Trends 500.
“We’re very proud to see the results of the efforts we’ve made in our first three years,” said Steve DiUbaldo, president of Carrington Real Estate Services. “We’ve been able to capitalize on the opportunity to take the leadership position in the institutional segment of the residential real estate market. This has accelerated our growth, allowing us to provide thousands of listings, and attracting talented managers and agents across the country.”
Carrington Real Estate Services is currently licensed in 25 states plus the District of Columbia, and is planning to expand into seven new markets in 2012.
“We believe that our growth has been the result of a powerful business model that leverages our corporate parent’s investments in non-performing loans and other distressed single family residential assets to provide the fuel that drives our agents’ sales success,” noted Steve Ozonian, chief real estate officer for parent company Carrington Holding Company, LLC. “Carrington Real Estate Services will continue to benefit from its relationship with Carrington, which operates business units in virtually every aspect of the residential market — from investing and loan origination and servicing to property management and disposition.”