Lamacchia Realty Ranks in Inc.’s 2020 List of 5000 Fastest-Growing Private Companies in America
Waltham, MA – For the ninth year in a row, Lamacchia Realty has been included in the Inc. 5000 List of the Top 5,000 Fastest Growing Companies in America! It was announced publicly today that Lamacchia Realty is #2760 on the list. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. Over the past three years, Lamacchia Realty has exhibited 145% growth, a large increase from the three people who started the company in 2005. Lamacchia Realty’s 2019 revenue reached $18.5 million and the company has grown to 47 employees and over 250 agents.
Having made this list for the 9th year in a row only makes it more clear to me how motivated we are as a company to continue making this list. Everyone here at Lamacchia Realty has contributed to our growth and success and I can’t wait to see where we are next year. – Anthony Lamacchia, Broker/Owner Lamacchia Realty
Less than 3% of the tens of thousands of companies that applied to the Inc. 5000 over the years have made the list 9 times, and Lamacchia Realty achieved this as of 2020. It becomes more difficult to make the list each year as a company’s starting base grows, but Lamacchia Realty’s recent and continual expansion made this possible once again. In the last three years, Lamacchia Realty has more than doubled in agent count, sales volume, and revenue. On average, agents who join Lamacchia more than triple their business in their first twelve months.
In 2020 Lamacchia Realty opened its eighth office in Hudson and seventh in Chelmsford. In 2019 the sixth office in Leominster opened as well as moved into their newly renovated Woburn office in a more convenient location for agents and clients. In 2018, a fifth office was opened in Norwood and a new location was purchased and renovated for the existing Worcester office. In 2016, the company opened offices in Woburn, & Worcester. The company’s headquarters is located in Waltham celebrated its tenth anniversary in 2019, and its office in Westford opened in August of 2015. The new office for Waltham agents is expected to be opened after renovations in the Fall of 2020, and the company recently announced their plans to open their ninth office in the North Shore of Massachusetts later this year.
Lamacchia Realty’s client satisfaction, unparalleled sales records, and agent success are attributed to its weekly company-wide training and coaching sessions and aggressive advertising and marketing strategy. This strategy includes but is not limited to, television, billboards, and online marketing channels. There is no question the company will make the list again and likely be much higher in the rankings in the coming years.