BrokerageIndustry News

Top 52 fastest-growing real estate companies

Inc. magazine: Appraisal management company ranks first
Published on Aug 25, 2011

Editor’s note: Some real estate-related companies may not have received mention in this report because they were not specifically listed in Inc. magazine’s real estate category. This article has been updated to include an additional real estate-related company that ranked among the fastest-growing private companies.

The lastest Inc. magazine list of the 5,000 fastest-growing private companies in the U.S., released this week, includes 52 companies in its real estate category.

Companies on the Inc. 5000 are ranked by overall revenue growth in the three-year period between 2007-10. In order to qualify, companies had to have generated revenue by March 31, 2007; have generated at least $100,000 in revenue in 2007, and at least $2 million in revenue in 2010; and be privately held, for profit, based in the U.S., and independent (not a subsidiary or division of another company), according to the Inc. website

Marietta, Ga.-based appraisal management company Valuation Management Group was at the top of the list of companies in the real estate category, with a 7,910 percent jump in revenue growth, to $25.4 million in 2010. The company had 50 employees at the end of 2010, up from three at the end of 2007. The company ranked at No. 22 in the overall list of 5,000 companies.

Oklahoma City-based Pointe Vista Development, a planned residential community in development on Lake Texoma, ranked second among real estate companies. The company saw a 3,068 percent jump in revenue from 2007, to $3.8 million in 2010. The company grew from one employee in 2007 to 60 in 2010.

Golden Valley, Minn.-based property management firm Renters Warehouse was third in the real estate category. The company’s revenue grew 2,085 percent from 2007, to $3.3 million in 2010. The company grew from four employees in 2007 to 39 in 2010.

Ranking fourth among real estate companies was real estate brokerage company PalmerHouse Properties, based in Atlanta. The company’s revenue grew 1,726 percent from 2007, to $2.3 million in 2010. The company grew from 27 employees in 2007 to 535 in 2010.

Potomac, Md.-based Innotion Enterprises, which provides technology, management, and marketing services to asset managers for real estate owned properties, ranked fifth among companies in the real estate category. That company’s revenue jumped 1,564 percent from 2007, to $14.4 million in 2010. The company had 46 employees in 2010, up from six in 2007.

Other notables on the list of 52 real estate companies:

  • Henderson, Nev.-based real estate brokerage and property management firm Realty One Group ranked 17th with a 410 percent jump in revenue between 2007 and 2010, to $2.1 billion — by far the highest revenue total on the list. The company grew from 22 employees in 2007 to 58 in 2010.
  • Seattle-based property search and valuation site Zillow ranked 20th on the list. The company saw a 329 percent increase in revenue between 2007 and 2010, to $30.5 million. The company had 252 employees in 2010; no comparable figure was listed for 2007.

Following is a list of the 52 real estate category companies:

22Valuation Management Group7910%$25.4 millionGA
75Pointe Vista Development3068%$3.8 millionOK
132Renters Warehouse2085%$3.3 millionMN
172PalmerHouse Properties1726%$2.3 millionGA
194Innotion Enterprises1564%$14.4 millionMD
222US Appraisal Group1432%$3 millionIL
257Real Property Management1252%$11.4 millionUT
284Campus Habitat1149%$16.5 millionNY
337The Menkiti Group988%$5.2 millionDC
344PayLease974%$4.8 millionCA
398Fairplay Financial857%$3.1 millionWA
408Maximum One Realty Greater Atlanta834%$4.1 millionGA
530Movoto.com637%$3.4 millionCA
586Property Solutions560%$11.1 millionUT
667RedVision Systems477%$42.8 millionNJ
723rentbits.com435%$2.6 millionCO
765Realty ONE Group410%$2.1 billionNV
798A2Z Field Services392%$16.8 millionOH
883Gorilla Capital348%$36.4 millionOR
930Zillow329%$30.5 millionWA
1097Pro Teck Services275%$40.8 millionMA
1101Global DMS273%$2.7 millionPA
1153Accurate Group257%$16.6 millionNC
1202Direct Title Solutions245%$2.2 millionVA
1215eMortgage Logic242%$63.8 millionTX
1252Thomas Title & Escrow233%$3.3 millionAZ
1253Linear Title & Closing233%$17.9 millionRI
1268PropertyRate230%$2.2 millionCA
1743Active Website153%$3.4 millionCO
1986Keller Williams Capital Properties128%$9.2 millionDC
2016Bean Group126%$9.5 millionNH
2121Asset Plus Companies118%$12.5 millionTX
2162Mainstreet Property Group115%$9.6 millionIN
2165NitNeil Partners115%$4.3 millionGA
2315Occidental Management105%$5.5 millionKS
2635SingleSource Property Solutions88%$35.1 millionPA
27144Corners Homes83%$20.8 millionOK
2747Conservice81%$20.9 millionUT
3026Benham Real Estate Group67%$40.5 millionNC
3081Best Facility Services65%$4.7 millionTX
3119Temporary Housing Directory64%$33.2 millionTX
3263American Reporting58%$8.2 millionWA
3267Ohio Realty Advisors58%$3 millionOH
3574Chicago Apartment Finders47%$8.6 millionIL
4001reQuire Release Tracking32%$5.3 millionVA
4009Merrill Gardens32%$217 millionWA
4158ERA Sunrise Realty27%$6.9 millionGA
4633Prometheus Real Estate Group14%$368.6 millionCA
4691Broad Street12%$25.8 millionMD
4702Housing Helpers12%$4.2 millionCO
4769REO Allegiance10%$6.6 millionNJ
4856Integra Realty Resources7%$104.1 millionNY

Source: Inc.

Though not included in the real estate category, other real estate-related companies were included among the overall list of 5,000. Among these was BoomTown, a real estate marketing software company, and Realeflow, a company that provides real estate entrepreneurs and investors with business management software. Both companies were ranked in the software category.

Additionally, the Charfen Institute, which offers education and training services for real estate professionals and small business owners, was ranked 21st on the list of fastest-growing private companies.

BoomTown ranked at No. 174 in the overall list of 5,000 and No. 18 in the software category. The company’s revenue grew 1,712 percent between 2007 and 2010, to $2.2 million. The company grew from three employees in 2007 to 19 employees in 2010.

Realeflow ranked at No. 421 among the Inc. 5000 and No. 43 in the software category. The company’s revenue jumped 828 percent from 2007, to $6 million in 2010. The company had 31 employees at the end of 2010, up from six at the end of 2007.

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