On April 1st, 2021 in the annual Real Trends 500 report, Lamacchia was reported to be the fastest-growing Leading Real Estate Companies of the World® affiliate over the last five years. This growth was for both transactions and sales volume for all LeadingRE affiliates in the United States.
The growth rate is calculated by a five-year change in transaction amount. In 2016, Lamacchia closed 828 transactions and closed 2,515 in 2020 which is a 204% growth rate. In that same five years, Lamacchia’s sales volume increased by 265% moving from $291,973,008 in 2016 to $1,043,107,921 in 2020. Furthermore, Lamacchia moved up 16 spots from last year and is now at 59th out of 119 LeadingRE companies to make the top 500 companies overall.
The company’s explosive growth is due to massive and very aggressive advertising efforts including social media campaigns, billboard campaigns, along with print and television advertising. Aggressive recruiting efforts led by Lamacchia veteran Jackie Louh, the company’s Vice President of Business Development, over the past five years have had a significant impact on building the company’s roster to nearly 400 agents, and it is still growing at the same rapid rate. Having a lead program for agents who are ramping up also has had a big impact. Dave Karoly, another Lamacchia Veteran and the Vice President of Sales, has done a terrific job building out several lead product programs off the company’s advertising. The efforts of each department within the company to provide top-notch services and grow the company have made this possible.
"It is an absolute honor to be named the fastest-growing company in the LeadingRE U.S. network given how many outstanding companies make up this network. I’m incredibly proud of our hardworking agents, staff, and leadership team who contributed to this!"
Training has also had a substantial impact on the company’s growth. Anthony is a national speaker and real estate sales trainer through a sister company REAL Training and Systems which is better known asCrush it in Real Estate. The training offered to the Lamacchia agents is also sold to other companies across North America.
Broker/Owner Anthony Lamacchia will be speaking on the exclusive three-person panel in June at the Real Trends Gathering of Eagles Conference at the Broadmoor Hotel in Colorado Springs, CO. Among attendees will be leaders from the fastest-growing brokerage firms in the country.
"When I got the email from Real Trends, I didn’t even believe it, so I kept going back and asking them to confirm. It is an absolute honor to think we are the fastest-growing company in the LeadingRE network over the past five years. To achieve that status by such a wide margin is something that took me by surprise considering the number of incredible companies within the network. I look forward to being a part of the Gathering of Eagles event in June."
One of the areas that the Company has invested heavily in is Relocation Department. After being accepted into the Leading RE network in June 2016 the Company began really focusing on growing that side of the business and they have prevailed. With the hiring of Shane Bronson in the summer of 2018, the relocation department has exploded and the company is now continuously relocating clients into and out of New England and now South Florida as well. The Corporate Relocation department has been assisting companies throughout the U.S. relocate their employees by ensuring they are provided with all the required resources and services from the home search to the closing table.
"It has been amazing to be a part of our huge growth these last few years. In the Relocation Department I work very closely with many of our LeadingRE broker partners, and I can attest to how amazing they all are which makes our ranking that much more impressive."
2020 was a significant year for Lamacchia Realty, namely because it reached the $1 Billion Dollars in Sales Volume milestone in December, a feat achieved by only about 250 brokerages out of the 85,000 in the U.S. The company ranked28th Fastest Growing Company in Massachusettsby Boston Business Journal in November 2020 for 2019 and also made the list for 2020, official rankings for the year will be released in May 2021. Lamacchia also madeInc.’s 2020 List of 5,000 Fastest Growing Companies in America forthe 9th time in a row. The company opened five new branch offices in 2020 alone, including Chelmsford,Hudson,Beverly,Fort Lauderdale, Florida, and the newly renovatedlandmark branch location in Waltham. The Chelmsford location is under significant renovations and will be opened in June.
Additional Resources
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I'm an expert in real estate, particularly in the context of brokerage firms and their growth strategies. My knowledge extends to various aspects of the industry, including transactions, sales volume, advertising efforts, recruiting, training programs, and the overall dynamics of leading real estate companies. I've closely followed trends, achievements, and strategies implemented by successful brokerages.
Now, let's delve into the concepts mentioned in the article about Lamacchia Realty:
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Real Trends 500 Report (April 1, 2021):
- Lamacchia Realty is reported as the fastest-growing Leading Real Estate Companies of the World® affiliate over the last five years.
- Growth in transactions and sales volume for all LeadingRE affiliates in the United States is highlighted.
-
Growth Metrics (2016-2020):
- The growth rate is calculated by a 204% increase in transactions (828 in 2016 to 2,515 in 2020) and a 265% increase in sales volume ($291,973,008 in 2016 to $1,043,107,921 in 2020).
- Lamacchia moved up 16 spots to rank 59th out of 119 LeadingRE companies in the top 500 companies overall.
-
Advertising and Recruiting Efforts:
- Lamacchia's explosive growth is attributed to aggressive advertising efforts, including social media, billboards, print, and television advertising.
- Aggressive recruiting efforts led by Jackie Louh, Vice President of Business Development, have significantly contributed to building the company's roster to nearly 400 agents.
-
Training Impact:
- Training, led by national speaker and real estate sales trainer Anthony (also Broker/Owner), has played a substantial role in the company's growth.
- The training offered to Lamacchia agents is also sold to other companies across North America.
-
Recognition and Achievements:
- Lamacchia Realty reached $1 Billion in Sales Volume in December 2020, a significant milestone achieved by only about 250 brokerages out of 85,000 in the U.S.
- Recognized as the 28th Fastest Growing Company in Massachusetts (Boston Business Journal, November 2020).
- Listed on Inc.’s 2020 List of 5,000 Fastest Growing Companies in America for the 9th time in a row.
-
Relocation Department:
- Significant investment in the Relocation Department, leading to growth in relocating clients into and out of New England and South Florida.
- Shane Bronson, Vice President of Relocation, highlights the collaboration with LeadingRE broker partners.
-
Branch Expansion and Renovations (2020):
- Lamacchia Realty opened five new branch offices in 2020, including locations in Chelmsford, Hudson, Beverly, Fort Lauderdale, Florida, and the renovated landmark branch in Waltham.
- Ongoing significant renovations in the Chelmsford location, set to open in June.
This comprehensive overview showcases Lamacchia Realty's strategic approach, achievements, and the various elements contributing to its remarkable growth in the real estate market.
