In 2021, Lamacchia Realty continued its record growth across the company. The company went into the year with big goals despite the unprecedented low inventory and challenging market, particularly at the beginning of the year. By the end of 2021, the company proved it is capable of continuing its stampede to the top regardless of the market.
Here are the final numbers of 2021:
The company grew from $1,043,107,920 in sales volume in 2020 to $1,620,908,158 in 2021- a 55% increase! Total transactions also experienced a significant increase of 41%, going from 2,515 sales in 2020 to 3,543 sales in 2021. Over the last five years, the company has averaged 42% growth in sales volume per year. Beyond the data and numbers, Lamacchia Realty had a big year in many ways. The company expanded to 10 branch offices. It spread into new states, obtaining a brokerage license in Maine and opening an office in Fort Lauderdale, FL. The company achieved $1 Billion in Sales Volume months faster in 2021 than in 2020. Lamacchia Realty achieved high recognition in 2021. It was named among The Boston Globe Top Workplaces in Massachusetts. Lamacchia Realty was ranked the number one fastest-growing Leading Real Estate Companies of the World® Affiliate in America over the last five years. Inc. 5000 ranked them on the list of America’s Fastest-Growing Private Companies for the 10th year in a row.
The full-service, value-based brokerage surpassed 400 REALTORS® for the first time in spring 2021 and finished out the year with over 450. In fact, it is agent growth that has helped propel the company forward this past year. Not only have they brought in a record number of REALTORS®, but its services and culture have begun to attract even more experienced and successful REALTORS® who have more extensive client lists and higher transaction numbers. When these seasoned REALTORS® see the variety of services Lamacchia Realty can offer, they see opportunity, which helps them work smarter, not harder. Agents newer to the field have been joining the company due to the top-notch training the company provides weekly.
Lamacchia Realty has various services that benefit REALTORS® of every experience level. The most recent service added to the list was Agent Field Services which was officially unveiled in 2021 and has been a massive hit across the company. It is services like these that continue to attract more and more REALTORS®. While no one can predict the future, you can be sure Lamacchia Realty will be unveiling even more innovative services in the years to come.
With the amount of growth all around, Lamacchia Realty recently launched a hiring initiative. Despite its already large staff size for the industry (over 75 employees), the company announced 18 roles they are planning to add across various departments in December 2021.
Lamacchia Realty’s mission is to guide REALTORS®, employees, and clients to their success. The training, systems, technology, and marketing that Lamacchia Realty offers its REALTORS® are second to none, and the word is spreading. REALTORS® have everything they need to grow their businesses at their fingertips.
If you would like to learn more about joining this growing company, click here!
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Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for November 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3