Mark Spain Real Estate on Inc. 5000 List of Fastest-Growing Private Firms a Fourth Straight Year


Posted August 16, 2019 by TCMcClenning

Inc. magazine has ranked Mark Spain Real Estate No. 1,951 on its 38th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies.

 
The Inc. 5000 list represents a unique look at the most successful companies within an important segment of the U.S. economy— its independent small businesses. Companies such as LinkedIn, Zillow, Yelp, Microsoft, Dell and other firms which are now considered household names, first gained national exposure as Inc. 5000 honorees.

Mark Spain Real Estate, on the Inc. 5000 a fourth consecutive year, placed solidly in the top 40 percent of the list, in the No. 1951 spot. The Atlanta-based firm achieved $19.5 million in annual revenue and a three-year growth rate of 206 percent. Mark Spain Real Estate was also recently honored as the No. 1 sales team in America on The Thousand Top Real Estate Professionals, a national ranking based on annual sales production compiled by REAL Trends and advertised in The Wall Street Journal.

With 2,748 transactions in 2018 and total gross sales of more than $702 million, Mark Spain Real Estate averaged more than 10.5 home sales per business day in 2018. And it accomplished these staggering production numbers with a sales team of just 118 members, as of the end of 2018.

According to past reporting by Inc., only 12 percent of all U.S. companies achieve a one-year revenue growth of 25 percent or more. Of the 5000 companies on this year’s Inc. 5000 list, the median three-year growth rate was 157.4 percent and, together, the firms had a combined annual revenue of $237.7 billion.

“We strive to be better every year for our clients, whether it’s our service, response times or upgrading our marketing,” says Chairman and CEO Mark Spain. “For instance, we are now offering a new sale option for home sellers called the Guaranteed Offer. If a seller’s home meets certain requirements, this program will extend an offer. It’s basically selling one’s home without ever having to put it on the market. It then eliminates going through showings, open houses and an unknown waiting period before an offer is received. For some sellers, it’s a perfect fit.”

Spain went on to explain he built the company based on the premise of putting people first. Part of doing that is to make the home buying or selling process as easy as possible for clients and to manage every step of the process with excellence and dedication.

The 2019 Inc. 5000 companies are ranked according to percentage revenue growth from 2015 to 2018. So a sustained increase, like the 206 percent three-year sales growth achieved by Mark Spain Real Estate, especially in the competitive residential real estate market, is a substantial accomplishment.

Mark Spain Real Estate was one of only 198 real estate-related firms in America to earn a spot on the Inc. 5000 list (and dozens of these were actually home builders, developers, property management or multi-family/apartment construction firms, not residential real estate companies). The firm began expansion outside Georgia in 2018. Mark Spain Real Estate has opened offices in Charlotte, Raleigh and Nashville. It plans to continue its expansion to other cities in the Southeast in the future.

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About Mark Spain Real Estate (MSRE):
Mark Spain Real Estate is the No. 1 most reviewed real estate company on Zillow in the entire United States. As the leader of such a productive team with cutting edge ideas like its Guaranteed Offer program, blog and extensive billboard advertising, Mark Spain was named to the inaugural list of 2019 REAL Trends Game Changers. This list, consisting of 50 people who have the potential to change the game of real estate in the coming year, included such honorees as: Gary Keller, co-founder and CEO of Keller Williams International, as well as the CEOs of RE/MAX International, Better Homes and Gardens Real Estate, Zillow, Coldwell Banker, Realogy Holdings Corp., and HomeServices of America.

MSRE was honored in 2017 and 2018 as one of The Atlanta Journal-Constitution’s Top Places to Work. It has earned the Atlanta Business Chronicle Pacesetter Award for the last three years, for being one of 100 metro Atlanta’s top fastest-growing privately held companies. In 2018, the firm was named to the Bulldog 100 Award List, debuting at No. 16 as one of the fastest-growing 100 University of Georgia (UGA) alumni-owned companies. MSRE was also honored with two Agents’ Choice Awards in 2018 by Atlanta Agent Magazine. Voted on by industry peers who read the trade magazine, awards included Best Team in metro Atlanta real estate and Mark Spain was chosen for the Charitable Service Award. MSRE recently made its second appearance on Atlanta’s Top 25 Real Estate Companies annual list, compiled by Atlanta Business Chronicle, and based on verified gross residential sales volume for the previous year.

Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 to 2018. Companies had to be U.S.-based, privately held, for profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2018. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at https://www.inc.com/inc5000/list/2019.

About Inc. and the Inc. 500|5000:
Founded in 1979, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2 million in 2010 to over 13 million today.

The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements.
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Tags Mark Spain , Atlanta Real Estate , Charlotte real estate , Inc. 5000 , Nashville real estate , Raleigh real estate
Last Updated August 16, 2019