Ruhl&Ruhl Realtors has ranked as the largest independent real estate company in Iowa, according to a recent business report.
REAL Trends “The 500” report ranks the top 500 real estate companies in the country according to the number of residential transactions and sales volume.
The Quad Cities-based Ruhl&Ruhl Realtors ranks 153rd nationally based on its 5,728 transactions closed. REAL Trends 500 ranks companies on residential transactions only.
When farm and land and commercial transactions are included, Ruhl&Ruhl Realtors closed 5,833 sides in 2021. On average, Ruhl agents closed 18.2 transactions in 2021.
“We are thrilled to be recognized as a top real estate brokerage in the country. 2021 was a record-breaking year for our company and we are honored to be able to share this accolade with our dedicated and hard-working agents and staff who are responsible for helping our company achieve national attention,” Chris Beason, company president, said in a news release. “We are also grateful to the residents in the communities we serve who trust us to guide them through these important journeys in their lives.”
Ruhl’s residential sales in 2021 crossed the threshold from millions to billions with an end-of-year volume of $1.146 billion. In 2020, the real estate firm closed $932.26 million and was ranked 157th in the nation.
When the company’s farm and land as well as commercial transactions are included, the total sales volume was $1.186 billion – an increase of 24.7% over 2020.
The sales volumes place the real estate company in the REAL Trends Billionaire’s Club.
Additionally, NAI Ruhl Commercial Co., a joint venture with Ruhl&Ruhl Realtors, sold $135.7 million in sales volume in 2021. It has 13 commercial agents. NAI Ruhl Property Management manages a total of 1.820 million square feet of space.
Ruhl Mortgage, also a joint venture, closed $280.31 million in loan volume in 2021, which was generated from a total of 1,294 loans.
Ruhl&Ruhl Realtors, which partners with American Home Shield to provide home warranties to buyers and sellers, sold 1,225 home warranty policies in 2021.
