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1st Class Real Estate's Proven Business Model Puts Them On The List Of The Fastest-Growing Private Companies In America


VIRGINIA BEACH, Va., Aug. 16, 2019 /PRNewswire-PRWeb/ -- Inc. Magazine Unveils Its Annual List of America's Fastest-Growing Private Companies?the Inc. 5000

1ST CLASS REAL ESTATE Ranks No. 3940 on the 2019 Inc. 5000 With Three-Year Revenue Growth of 83% Percent

Inc. magazine today revealed that 1ST CLASS REAL ESTATE is No. 3940 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment?its independent small businesses. Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

"Our purpose at 1st Class Real Estate is to increase the success rate of real estate agents and franchisees. We believe in our systems and know that we have a proven model to make them successful." Rhyan Finch, CEO and Founder of 1st Class Real Estate.

1st Class Real Estate, founded in 2012 by Rhyan Finch (Chief Executive Officer) and Rhendi Crisanti (Chief Operating Officer) started with only a handful of agents and has rapidly grown to include 4 corporate locations, and 5 franchise locations in multiple states, with over 250 agents and staff. 1st Class's proven model has the software, systems, procedures, and SUPPORT staff in place for every process you can think of including office operation procedures, lead generation, marketing and branding, closing coordination, inside sales, agent training, and more!

1st Class centralized the support staff in their 12,000 sq. ft Resource Center located in Virginia Beach and bundled their services together with an infrastructure designed to support a new real estate entrepreneur at a very low-cost/low-risk approach making it possible for an agent to grow their own real estate business!

Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000's aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.

"The companies on this year's Inc. 5000 have followed so many different paths to success," says Inc. editor in chief James Ledbetter. "There's no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities."

The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.

More about Inc. and the Inc. 5000
Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent?not subsidiaries or divisions of other companies?as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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 http://www.inc.com/inc5000.

About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, 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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.

SOURCE 1st Class Real Estate


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