Inside LPT Realty's big dreams: from record growth to $1B teams
Briefly

Inside LPT Realty's big dreams: from record growth to $1B teams
"So much of it is just inspiration, it's motivation and it's getting the team leaders to dream bigger, Palmer said. If you look back, the idea of a 1,000-unit team seemed really big and now there are 20 of them on RealTrends. Palmer said LPT's next big goal is helping some of its largest teams achieve $1 billion in sales volume in a year. There are currently five of those on RealTrends, and we think we have who will be the sixth, Palmer said."
"For example, the Tampa-based Paramount Home Group closed 645 transaction sides in 2024, according to RealTrends Verified data. So far this year, LPT said the team has closed 845 sides and is on track to close a total of roughly 1,166 sides. Another LPT brokered team SPACE, closed 1,123 sides in 2024 and LPT said it is on track to close double that number of transaction sides this year, with an expected transaction count of 2,278 sides."
LPT Realty led independent brokerages in transaction side count and sales volume from 2023 to 2024 and projects stronger performance in 2025. Growth was driven by high-performing brokered teams: Paramount Home Group closed 645 sides in 2024, has closed 845 so far this year, and projects roughly 1,166 sides; SPACE closed 1,123 sides in 2024 and targets about 2,278 sides this year. RealTrends data shows four of the top-25 mega teams in 2024 were brokered by LPT. LPT emphasizes attracting and supporting top teams and aims to help some reach $1 billion in annual sales. Recruiting teams increases sales volume, transaction count, and top-line revenue faster than recruiting individual agents.
Read at www.housingwire.com
Unable to calculate read time
[
|
]