With Jump from $1.4 to $3.3 Billion in Annual Sales, Mark Spain Real Estate Achieves Immense Sales Growth


Posted February 9, 2022 by TCMcClenning

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.

 
Founder and CEO Mark Spain has a lot to be celebrating these days. Besides his beloved alma mater, the University of Georgia, recently winning a national championship, the namesake residential real estate firm he founded in 2016 is on its own historic path. Mark Spain Real Estate has achieved more than 750% in growth since being established, ending 2021 with $3.3 billion in sales.

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 relatively small sales team. While franchise real estate operations with similar sales numbers often have one or two thousand real estate agents, Mark Spain Real Estate ended 2021 with 354 agents. Most of its 101-agent increase for the year can be attributed to opening two new sales centers in Tampa and Orlando last spring.

“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 Chairman and CEO Mark Spain. “With so many options in residential real estate, we are grateful for every single client who selects us and do everything possible to serve them at the highest level.”

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, Charlotte, Nashville and Raleigh each grew to just under a half billion in gross sales. For Charlotte and Raleigh, these 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 for 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.

In metro Atlanta, where Mark Spain Real Estate is headquartered, closed sales volume increased by nearly 86% in 2021, ending the year with $1.73 billion in annual sales. Additionally, Mark Spain Real Estate achieved a 47% growth in total closings in Georgia, all while the metro Atlanta agent team increased by just 5% to 164 agents.

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.

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 closings mark for the first time, and expanding into Florida,” stated Mark Spain Real Estate President John Makarewicz.

He attributed part of the record year to the increasing popularity of its Guaranteed Offer program, the continual growth in the firm’s media strategies, 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 Mark Spain Real Estate, these markets, its Guaranteed Offer program, or for timely real estate tips on the company 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. Mark Spain Real Estate’s mobile site design was named the No. 1 Mobile Website in real estate by REAL Trends in 2019 and 2020. MarkSpain.com also earned recognition as a Top 10 Overall Website in 2019 and 2020. 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 and innovative and award-winning website, 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 nearly 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. 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 Svcs. 404-819-0643
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Business Address Mark Spain Real Estate, 12600 Deerfield Pkwy., Suite 450, Alpharetta, GA (Atlanta suburb)
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Categories Business , Real Estate , Services
Tags atlanta real estate , inc 5000 , mark spain , record year
Last Updated February 9, 2022