With the ongoing boom in the housing industry across the US, you are probably wondering—how can I find the best real estate companies near me?
Table of Contents
- The Most Important Real Estate Statistics for 2022
- Seven Best Real Estate Companies Near Me
Investing in a property can be a simple chore if you get a deal with one of the market’s reputable and trusted top real estate businesses. Good real estate companies guide their clients to the most successful real estate investments.
In addition, most globally recognized real estate companies are privately held. Almost every industry maintains a public market for most corporations, but the finest real estate companies are privately owned.
The article below contains a detailed list of the top seven well-known and trusted real estate companies near me.
The Most Important Real Estate Statistics for 2022
First, we will start with a few stats on real estate to emphasize how important it is to use real estate companies today.
Real estate statistics provide data-driven insights into the ever-changing housing market for real estate brokers, investors, and clients. It can be beneficial while looking for a home, selling a property, listing or looking for a rental property, or representing customers in the market.
Let’s look at three crucial 2022 real estate statistics.
Homebuying Power Grew in 2021
While property prices have risen, so have salaries, in line with inflation. Interest rates are also at an all-time low. Homebuyers can purchase more houses for their money when salaries are high and borrowing rates are low, despite the substantial increases in the nominal price of homes.
According to First American Real House Price Index, between 2020 and 2021, home buying power climbed by 21%. However, owing to an increase in mortgage rates of around 1%, we may witness a decline in home buying power.
Interest Rates Started Rising in March 2022
The Federal Reserve reduced the federal funds rate at the start of the COVID-19 epidemic, keeping interest rates at about 3% in 2020 and 2021. Interest rates on 30-year fixed-rate mortgages are up to 4.17% in March 2022, compared to about 3.5% in January 2022.
Despite the increase in interest rates during the pandemic, they remain low compared to rates in 2018 and 2019, which were usually between 4% and 5%. It is a key real estate statistic because it explains why more individuals can now afford to buy a property and why demand is up.
Related: Mortgage Rates: The Real Estate Investor’s Complete Guide
Houses on the Market
According to Realtor, the average number of days properties are on the market is just 38 as of March 2022. On the other hand, houses were on the market for 49 days in March 2021. Homes often sell faster in the spring and early summer, as seen by the modest rise between November 2021 and January 2022, which increased the total days on the market to 61.
Nevertheless, as we approach the summer months, a decline in days on the market starts. The figure reflects increased demand and competitiveness for residences following the pandemic, with purchasers grabbing them as soon as possible.
Now that we have it covered, let’s unveil the famous question—what are the best real estate companies near me?
Seven Best Real Estate Companies Near Me
Whether it’s an online or only physical real estate company that’s been around for years, it is crucial to determine which one is the best for your current investment needs. We’ve done our comprehensive research and found the top seven real estate companies worth considering.
1. Fidelity National Title Insurance Company (Best Real Estate Title Company)
- Headquarters: Jacksonville, Florida
- Founded: 1847, Chicago, Illinois
- WalletHub rating: 3.2
As one of the best real estate title companies near me, Fidelity National Title Insurance Company’s roots date back 150 years. The company offers title insurance and other real estate-related goods and services through its underwriting subsidiary.
Fidelity’s employees are dedicated to providing its customers with unrivaled satisfaction in the title insurance business. It maintains a national presence and offers title insurance, underwriting, escrow, and closure services to all sorts of customers and consumers.
Other title-related services provided by FNTIC include:
- Flood certification
- Real estate tax service
- Real estate information & technology services
- Credit reporting
- Trustee sales guarantees
- Attorney services
- Exchange intermediary services and more.
2. MacFarlane Partners (Best Black Owned Real Estate Company)
- Headquarters: San Francisco, California
- Founded: 1987
- Rating: N/A
Established in 1987, MacFarlane Partners supplies institutional investors with real estate investment management solutions, establishing an exceptional track record covering many market cycles and various investment strategies, property areas, and capital structures.
Being one of the best black owned real estate companies near me, MacFarlane Partners boasts a three-decade experience in the industry. It’s been involved in acquiring stabilized real estate assets, developing new projects, and rehabilitating and repositioning existing buildings. It’s also taken over underperforming portfolios and managed assets to greater value.
Some of the services they provide are:
- Real estate investment management
- Institutional investing strategies
- Financial services
3. RE/MAX (Best Commercial Real Estate Company)
- Headquarters: Denver, Colorado
- Founded: 1973
- Consumer Affairs Rating: 3.6
RE/MAX is an abbreviation for Real Estate Maximums. Ranked first among real estate companies since 1999, it holds the biggest market share in the United States and Canada. Being one of the best commercial real estate companies near me, RE/MAX Commercial counts over $13 billion in total retail business and over 3,000 Commercial Practitioners in over 50 countries and regions.
The company uses a maximum commission system. It means that they keep practically all commissions and split office expenses with their brokers—unlike in residential real estate, where brokers are often paid a percentage of each sale’s commission. It makes life easier for customers and real estate agents of one of the world’s leading real estate businesses.
RE/MAX provides the following services:
- Property searches nearby
- Houses for sale
- Real estate agents
- Property buying guide
- Home value estimates
- Home selling guide
- Office search
Note that you can give an experienced realtor a try if you don’t want to start with a real estate agent.
4. PropStream (Best Wholesale Real Estate Company)
- Headquarters: Lake Forest, California
- Founded: 2007
- Apple App Store Rating: 3.9
PropStream is a real estate investing software platform that promises to give real estate investors accurate and up-to-date data and tools. The program is particularly helpful for real estate investors, home flippers, and agents who need to study and evaluate national and local real estate market statistics.
Being one of the best online wholesale real estate companies near me, PropStream provides investors with exposure to multi-sourced data, sophisticated tools, and an easy-to-use interface, allowing them to quickly find amazing offers and act on opportunities.
PropStream also offers a smartphone app that consumers may use to manage data while on the go.
PropStream features include:
- Nationwide data
- Targeted leads
- Contact property owners
- List Automator
- Targeted marketing
- Market trends and analytics and more.
Related: What Does the PropStream Software Do for Investment Property Analysis?
5. Greystar (Best Real Estate Management Company)
- Headquarters: Charleston, South Carolina
- Founded: 1993
- Homeviews Rating: 4.4
Greystar’s management has established a business culture focused on surpassing expectations from an owner’s perspective, making it among the best real estate management companies near me. Established in 1993 and based in Charleston, South Carolina, it now operates in 192 markets worldwide, managing $29.3 billion in capital.
Greystar’s property management rates are determined by the kind and size of the house, its state and location, and the number of services required. In addition to the monthly management cost and the start-up fee, you will discuss fees for tenant matching, vacancy, evictions, early termination, and upkeep, among other things.
The company specializes in active adult neighborhoods, multi-family buildings, college housing, and agile corporate housing.
Some of its services include:
- Financial services
- Property operations
- Master insurance programs
- Training and education
- Marketing and communications
6. Bowery Valuation (Best Real Estate Appraisal Company)
- Headquarters: New York, New York
- Founded: 2015
- G2 Rating: 4.3
The first venture-backed commercial appraisal business, Bowery Valuation, has raised more than $27 million in the last two years. Bowery is changing the commercial appraisal industry, thanks to innovative technologies and its vast knowledge.
Every day, the organization’s best-in-class staff of appraisers uses advanced technology designed and built by the company. The appraisers collaborate with the Bowery platform’s multi-talented products and tech teams to regularly provide new features and capabilities.
Every comparative in its database is immediately available to appraisers whenever they want it. Furthermore, the program automatically interfaces directly with publicly available data sources, creating useful property information.
Bowery Valuation, as one of the best real estate appraisal companies near me, offers many features and services like:
- Proprietary database
- Public record integration
- Handy reports
- Mobile inspection app
- Sophisticated technology
7. Mashvisor (Best Real Estate Company for Analyzing Investment Properties)
- Headquarters: Campbell, California
- Founded: 2015
- Trustpilot Rating: 4.6
As one of the best real estate companies near me overall, Mashvisor is an online real estate platform that aims to simplify the work of real estate investors. It includes many tools that explain to investors the fundamentals of real estate investing and how to identify investment properties.
Most crucially, it delivers trustworthy data and analytics, allowing you to forecast the success of any market or property. Based on historical and comparative data, the platform’s predictive analytics provides a preview of future patterns and projections.
To begin, Mashvisor enables you to look for both traditional and Airbnb investment homes in any city or area of your choosing. The listings are obtained from the Multiple Listing Service (MLS) and other sources. Furthermore, you will receive statistics showing whether the property will make you more money as a regular long-term or short-term rental.
Mashvisor offers a multitude of features and tools like:
- Property Finder
- Property Comparison
- Off-Market Properties
- Lead Qualification Tool
- Neighborhood Analysis
- Real Estate Calculator
With Mashvisor, you can easily find many homes for sale that suit your needs and budget. Now let’s review some of its most popular tools.
Related: What Makes Mashvisor the Best Real Estate Investing App of 2022?
Mashvisor’s Property Finder will help you identify profitable investment homes in a matter of minutes. The tool contains filters to assist you in limiting the search results to the properties that meet your requirements. The criteria include listing price, property type, and optimal rental strategy, among others.
If you are trying to find some condos for sale, use Property Finder, as it will save you lots of time and help you find the best condo for you.
Real Estate Heatmap
The Mashvisor Heatmap is a tool that is color-coded, and it displays active and high-performing neighborhoods in a particular location. Green symbolizes active communities, while red indicates inactive marketplaces. On the heatmap, you can use filters such as rental income, cash on cash return, listing price, and occupancy rate to neighborhoods.
Mashvisor’s Rental Property Calculator may be used to examine properties for both traditional and short-term rental strategies. You simply need to enter your financial costs. The program will calculate your rental revenue, property expenditures, Airbnb occupancy rate, and return on investment indicators like cap rate and cash on cash return.
Because our investment property calculator is dynamic, you can experiment with different financial expenses, revenue, and occupancy rates to see how they affect your cash flow.
Because most real estate organizations are privately held, they hardly compete in the public market. Moreover, real estate companies can be rated based on their credibility and original solutions. Because the sector is a sea of many similarities, the greatest real estate organizations rely mainly on novel approaches to catch the attention of investors and clients.
When real estate companies near me are entirely honest about activities, it is always simpler for all involved parties. It typically helps them obtain a larger customer base and a higher place among the top real estate organizations.
So, if you’ve found a few “real estate companies near me” that may seem like a good fit, thoroughly review them before making any final decision.
To access Mashvisor’s real estate investment tools, click here to sign up for a 7-day free trial today, followed by 15% off for life.