LPT Realty Achieves Full U.S. and Canadian Market Coverage in Just Three Years, Ranks #10 Nationally in Transactions

Robert Palmer, the founder and CEO of LPT Realty and RP Funding, has announced that his cloud-based real estate brokerage firm is now operating in all 50 U.S. states, Washington, D.C., and three Canadian provinces: British Columbia, Ontario, and Saskatchewan. This monumental achievement came just three years after LPT Realty's inception, making it the fastest-growing and largest single-entity real estate brokerage by agent count in history, with over 15,000 agents. Notably, LPT Realty is the first privately-held brokerage to achieve full U.S. market coverage, setting a new industry standard. Rapid Growth and Industry Recognition In the latest rankings released by RealTrends Verified, LPT Realty has been placed at #10 in terms of transactions, a significant jump from #28 in the previous year. Caroline Scanlon, Director of RealTrends Verified, highlighted this remarkable growth, noting that the brokerage more than doubled its transaction sides and volume year over year, representing one of the largest year-over-year gains observed. Similarly, the Real Estate Almanac, published by T3 Sixty, ranked LPT Realty #10 nationally with 36,369 transactions, a year-over-year Transaction Sides Change of 175.2%, and a sales volume of $13.86 billion. Agent-Centric Model and Innovation LPT Realty's impressive growth can be attributed to its innovative and agent-centric model. Robert Palmer emphasized the importance of serving multiple agent avatars, providing a "brokerage for life" regardless of an agent's stage in their career. The firm offers flexible compensation plans, allowing agents to choose their own commission structures and revenue-sharing opportunities. To further support agents, LPT Realty has developed proprietary technology, advanced marketing tools, and one of the most comprehensive training programs in the industry. These "unfair advantages" are designed to empower agents and help them succeed on their own terms. Future Plans and Leadership Palmer's leadership and vision have not gone unnoticed. He moved up 103 spots to No. 68 on the Swanepoel Power 200, an annual list of the most influential leaders in residential real estate, and was named one of the most innovative and influential executives by Inman Power Players. Palmer's portfolio includes several industry-leading companies, all focused on driving innovation and empowering agents and consumers. Looking ahead, LPT Realty is actively scaling for growth and preparing for a potential initial public offering (IPO). Palmer has expressed his pride in the accomplishments of his agents and remains committed to building the best brokerage platform agents have ever seen. "Growing to 15,000 agents within the first three years demonstrates the strength of our vision. Now, with operations in all 50 states and Canada, we are excited to extend these opportunities to a broader audience," he said. About Robert Palmer Robert Palmer is a visionary entrepreneur with over 20 years of experience in the real estate industry. He is the founder of several award-winning companies, including LPT Realty, and is renowned for his forward-thinking marketing strategies and technological innovations. Palmer's career is defined by his ability to identify and bridge gaps in the industry, solving challenges for consumers, agents, and industry professionals alike. About LPT Realty LPT Realty, a cloud-based real estate brokerage, has made waves in the industry with its rapid expansion and innovative approach. The firm provides its agents with a suite of tools, strong support systems, and a vibrant community to foster business growth. Recognized by Inman as the 2024 Most Innovative Brokerage, LPT Realty continues to push the boundaries of what a real estate brokerage can achieve. With its solid foundation and dynamic model, the company is poised for continued success and global expansion. Visit lpt.com for more information. Industry Evaluation Industry insiders praise LPT Realty's rapid growth and agent-focused model. The company's significant year-over-year gains and recognition from prominent organizations underscore its robust strategy and execution. Analysts believe that LPT Realty's combination of cutting-edge technology, flexible compensation, and comprehensive support systems sets it apart in a competitive market, likely contributing to its fast rise and sustained momentum.