Mark Spain Real Estate More Than Doubles 2021 Sales in Raleigh Market and Increases Companywide Sales from $1.4 to $3.3 Billion


Posted February 10, 2022 by TCMcClenning

In greater Raleigh, Mark Spain Real Estate more than doubled its annual closed sales volume from the previous year, achieving nearly $500 million in gross residential sales.

 
Mark Spain and Mark Spain Real Estate have a lot to celebrate these days. Besides his beloved SEC alma mater, the University of Georgia, winning a national championship, the namesake residential real estate firm he founded in 2016 is on its own historic path. Since its first year with annual gross sales of $443 million in 2016, Mark Spain Real Estate has achieved more than 750% in growth, ending 2021 with $3.3 billion in sales.

In greater Raleigh, Mark Spain Real Estate closed sales volume increased by more than 110% in 2021, ending the year with nearly $500 million in annual sales. Additionally, it achieved a 70% growth in total closings in Raleigh, completing 1,457 home sales for the year.

Perhaps one of the most unique aspects about this independent real estate firm is that its record sales numbers each year have been accomplished by a highly productive sales team. While franchise real estate operations with similar sales numbers often have thousands of real estate agents, Mark Spain Real Estate ended 2021 with 354 agents, closing an average of nearly $10 million each. By comparison, the average agent in the US closes 10 homes for just over $3 million. This means Mark Spain Real Estate agents close three times the sales volume and four times the number of closings annually.

“From non-sales roles to listing agents to closing agents, we strive to put the best person possible in each role. We then give them the tools and ongoing support they need to do the best job in those positions,” explained Founder Mark Spain. “In fact, we provide our agents over 225 days of training per year from our in-house training department. With so many options in residential real estate, we are grateful to serve our clients in reaching their real estate goals while delivering an unparalleled client experience.”

Mark Spain Real Estate continues to increase its market share in all six markets where it serves families in reaching their real estate goals—Atlanta, Nashville, Charlotte, Raleigh, Orlando and Tampa. For example, Raleigh, Charlotte and Nashville each grew to just under a half billion in gross sales. For Raleigh and Charlotte, sales more than doubled the previous year’s sales revenue. In addition to being the country music capital, Nashville was also a star within Mark Spain Real Estate, nearly quadrupling annual sales and more than doubling its sales team size.

Such expansive and sustained growth has made Mark Spain Real Estate the No. 1 team in America each of the last four years, according to a real estate sales ranking conducted by Real Trends and The Wall Street Journal. It’s also the reason the firm has been named to the Inc. 5000 list of fastest-growing private companies in America for six years running.

At a time when companies in nearly every industry are struggling to find workers, Mark Spain Real Estate had some 8,500 applications in 2021. The company welcomed over 300 new team members in 2021 and expanded into two new markets in Tampa and Orlando, Florida.

And in a year of many firsts and records, it also crossed the 10,000 annual closings level. This was a drastic leap from the previous year’s 5,647 units sold.

“It was a year of tremendous growth for us, between more than doubling annual sales, surpassing the 10,000-closing mark for the first time, and expanding into Florida,” stated Mark Spain Real Estate President and CEO, John Makarewicz.

He attributed part of the record year to the increasing popularity of its Guaranteed Offer program, the size of the company’s team growing by nearly 50% to better serve clients, the continual expansion of the firm’s media strategies and investments, a highly active housing market, continued low mortgage interest rates, and double-digit single year growth in home values in most of the markets served by Mark Spain Real Estate.

To learn more about these markets, its Guaranteed Offer program, or for timely real estate tips on the Mark Spain Real Estate blog, visit markspain.com or call toll free at 1-855-299-SOLD.

About Mark Spain Real Estate:
Mark Spain Real Estate is the most trusted name in real estate, earning more 5-star reviews than any other firm in the United States. It has earned the No. 1 real estate team in the U.S. honor the last four consecutive years by the Wall Street Journal and Real Trends for annual sales production and is a six-time Inc. 5000 recipient, an annual list honoring the fastest-growing private companies in America. The company was honored in 2017, 2018, 2020 and 2021 as one of the Atlanta Journal-Constitution’s Top Workplaces. It has earned the Atlanta Business Chronicle Pacesetter Award the last five years, as one of metro Atlanta’s 100 top, fastest-growing, privately held companies. Mark Spain Real Estate made its fourth appearance on Atlanta’s Top 25 Real Estate Companies annual list in 2021 and made its second appearance on similar lists in both Charlotte and Raleigh.

As a company leader with cutting edge ideas like its Guaranteed Offer program, Mark Spain was honored in February as a 2021 Real Estate Newsmaker. Compiled by RISMedia, a leading residential real estate industry information provider, the Newsmakers list includes 300 industry professionals and Spain was named one of the Trailblazers/Agents of Change. He was also recognized as one of the PropTech 100 Most Influential People in Real Estate and has been named to Real Estate Almanac Swanepoel Power 200, a list of the most impactful industry leaders in North America. The firm had a record sales year again in 2021, with more than $3.33 billion in gross sales volume, a year-over-year increase of more than 130%. In line with its core value of leading with a servant’s heart, Mark Spain Real Estate has ongoing partnerships with charitable causes in Atlanta, Nashville, Charlotte and Raleigh.
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Issued By TC McClenning/Top Cat Creative 404-819-0643
Phone 18552997653
Business Address Mark Spain Real Estate, 5171 Glenwood Ave., Suite 100, Raleigh NC
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Categories Business , Real Estate , Services
Tags guaranteed offer program , inc 5000 , mark spain , raleigh real estate
Last Updated February 10, 2022