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Keller Williams, NextHome Clinch ‘Most Innovative Companies’ List

Launched Wednesday, Fortune’s “America’s Most Revolutionary Corporations” checklist options 4 actual property firms. California-based NextHome led the pack with a product innovation rating of 257.

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NextHome, Keller Williams, Wherever Actual Property, and CBRE Group represented the actual property trade in Fortune’s 300 Most Revolutionary Corporations Record, launched on Wednesday. California-based franchisor NextHome led the pack at No. 61, with Keller Williams,  Wherever 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 firms primarily based on product innovation, course of innovation, and innovation tradition. The product innovation class solely included skilled 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 out there for remark; nevertheless, 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 12 months in a row shouldn’t be solely an honor, however a testomony to our franchise mannequin’s continued success in an trade that’s regularly evolving,” he advised Inman in January. “At our core, we’re targeted 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 Know-how 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 high 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 trade, 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 checklist.

Ryan Schneider

Wherever Actual Property was the ultimate residential actual property firm on the checklist 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 several 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 Wherever mission to create an easier, extra built-in actual property transaction for each brokers and customers,” Wherever President and CEO Ryan Schneider mentioned. “To be acknowledged by Fortune as one among America’s Most Revolutionary Corporations reinforces our tradition of embracing what’s attainable, taking huge swings, and regularly studying and bettering as we speed up the Wherever objective 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 customers and constructing new merchandise and processes that finally assist empower everybody’s subsequent transfer.”

CBRE Group, the one industrial actual property firm on the checklist, clocked in at 200.

E mail Marian McPherson