New Jersey (Vocus) RE/MAX of New Jersey held the largest share of New Jersey residential home sales in the first half of 2010. RE/MAX Agents were instrumental in closing 15.58% of the 80,160 total units (listing and selling sides) reported in the state by the nine New Jersey Multiple Listing Services.
New Jersey real estate activity is increasing compared to last year, despite a rough economy. Home sales in the state have increased by 22 percent during the six month period when compared to the first half of 2009.
RE/MAX Agents listed 16.6 percent of all homes sold, more than any of their competitors and assisted buyers in the purchase of 14.5 percent of those homes.
The top five real estate organizations in New Jersey during the first six months of 2010, in terms of listings sold, were RE/MAX with 5,830, Weichert with 5,440, Coldwell Banker with 4,305, Century 21 with 3,631, and Prudential with 2,713. The data is maintained by the nine New Jersey Multiple Listing Services and may not reflect all real estate activity in a specific market area.
RE/MAX has been number one in New Jersey real estate the past three years closing more than $8.3 billion in sales and over 25 thousand units last year. With over 3,000 real estate professionals in nearly 190 franchise offices, RE/MAX of New Jersey continues to be one of the leading real estate organizations in the state.
Since its inception in 1985, RE/MAX of New Jersey has experienced steady growth in both franchise sales and sales associates. This remarkable success can be attributed to the quality agents and service consistently found in all RE/MAX organizations. RE/MAX of New Jersey, based in Moorestown, N.J., is a privately owned and operated regional franchiser for RE/MAX International.