72SOLD makes the Inc. 5000, at No. 211 in 2024, with a three-year revenue growth of 1,894.57%, making it among the top 5 fastest growing Real Estate firms in America.
PHOENIX, Aug. 13, 2024 /PRNewswire-PRWeb/ -- Inc. revealed today that 72SOLD ranks No. 211 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
"It's an honor to be part of the Inc. 5000 list for a third year in a row," said CEO of 72SOLD, Greg Hague. "Last year we were in the Top 5 fastest growing real estate firms in America and we are in the Top 5 again. Why? Home sellers who use our program walk away with thousands more from their home. In fact, a study released in 2024 showed that 10,252 home sellers who used agents certified on the 72SOLD program averaged 7.8% higher prices than other homes sold in their local MLS. We've done to traditional real estate what Uber did to the taxi business. That's why we're growing so quickly. Traditional real estate needed a wake-up call, and we're the loud alarm that's making it happen."
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year's Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
"One of the greatest joys of my job is going through the Inc. 5000 list," says Mike Hofman, who recently joined Inc. as editor-in-chief. "To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year's honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce."
"Earning a spot on the Inc. 5000 list is a testament to our vision for improving, actually displacing, the archaic, overpriced traditional way homes are sold," said Hague.
Since it launched in 2018, 72SOLD has been embraced by Arizona, then U.S. homeowners, becoming the state's #1 real estate brand, then one of America's fastest growing real estate brands, because of its program for identifying the most serious buyers for any home in America in eight days or less. Seven studies over the past five years showed that home sellers walked away with thousands more when they used the 72SOLD program. The most recent study, released in 2024, showed that more than 10,000 homeowners who used the 72SOLD program sold at 7.8% higher median prices than other homes sold in their local MLS.
72SOLD has grown rapidly across the country and is currently offering its home selling program in over 80 major U.S. markets. 72SOLD is the No. 211 fastest-growing company in America, #8 in Arizona, and #4 among all U.S. companies in the real estate category. This is 72SOLD's third year in a row on the Inc. 5000 list, with a higher ranking each year. In 2023, the company was also a recipient of the Most Admired Companies award.
CONTACT:
Liz Renninger
480-862-4765
Evolve PR and Marketing
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
Media Contact
Liz Renninger, Evolve PR and Marketing, 1 480-862-4765, [email protected], Evolveprandmarketing.com
SOURCE 72SOLD
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