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Keller Williams, NextHome Clinch ‘Most Innovative Companies’ List

Launched Wednesday, Fortune’s “America’s Most Modern Firms” listing options 4 actual property corporations. California-based NextHome led the pack with a product innovation rating of 257.

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NextHome, Keller Williams, Anyplace Actual Property, and CBRE Group represented the true property business in Fortune’s 300 Most Modern Firms Checklist, launched on Wednesday. California-based franchisor NextHome led the pack at No. 61, with Keller Williams,  Anyplace Actual Property, and CBRE Group following at No. 92, No. 138 and No. 200, respectively.

Fortune partnered with market analysis and knowledge firm Statista to rank corporations based mostly on product innovation, course of innovation, and innovation tradition. The product innovation class solely included knowledgeable surveys, whereas the method innovation and innovation tradition classes additionally included worker surveys. Every class counts for a 3rd of the general rating.

NextHome scored low in tradition and course of innovation (2) however blew the competitors out of the water in product innovation with a rating of 257, reflecting the corporate’s latest tech strides, which embody a partnership with IOI Summit Pitch Battle winner Revive. NextHome wasn’t accessible for remark; nonetheless, CEO James Dwiggins described an organization shortly on the rise in a earlier interview.

James Dwiggins

“Having NextHome ranked the No. 1 franchise within the nation for the third yr in a row shouldn’t be solely an honor, however a testomony to our franchise mannequin’s continued success in an business that’s frequently evolving,” he advised Inman in January. “At our core, we’re centered on our individuals and their success.”

Keller Williams landed at No. 92 with tradition (54) and course of (58) innovation scores within the 50s, and a product rating of 157. Keller Williams co-founder and Govt Chairman Gary Keller and Chief Expertise Officer Chris Cox praised the corporate’s tech arm, KW Labs, for its excessive rating.

“We’re honored to be named by Fortune as a prime modern firm for 2023,” Keller mentioned in a press release. “And we are going to proceed ideating, creating and releasing options in partnership with our brokers that permit entrepreneurs to thrive.”

“By prioritizing innovation, we stay on the forefront of our business, delivering distinctive worth to our brokers and their shoppers,” Cox added whereas highlighting the Command CRM, which earned Keller Williams a spot on HousingWire’s 2023 Tech 100 listing.

Ryan Schneider

Anyplace Actual Property was the ultimate residential actual property firm on the listing with an general rank of 138.

The New Jersey-based holdings firm, which homes Coldwell Banker, Century 21, Higher Houses and Gardens Actual Property, Corcoran, Sotheby’s Worldwide Realty and a number of other different manufacturers, led in tradition innovation with a rating of 133. They earned scores of 65 and 172 for course of and product innovation.

“Innovation is central to the Anyplace mission to create an easier, extra built-in actual property transaction for each brokers and shoppers,” Anyplace President and CEO Ryan Schneider mentioned. “To be acknowledged by Fortune as one in all America’s Most Modern Firms reinforces our tradition of embracing what’s doable, taking massive swings, and frequently studying and enhancing as we speed up the Anyplace function to empower everybody’s subsequent transfer.”

Added Chief Working Officer Melissa McSherry, “We’re dedicated to simplifying and enhancing our present suite of merchandise for brokers, brokers, and shoppers and constructing new merchandise and processes that in the end assist empower everybody’s subsequent transfer.”

CBRE Group, the one business actual property firm on the listing, clocked in at 200.

Electronic mail Marian McPherson