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Wallace Real Estate celebrates 88th anniversary and top national rankings

Wallace Real Estate celebrates national accolades and the 88th anniversary of its founding on April 1st, 2024, one year after relaunching as an independent brokerage.

Locally owned Wallace Real Estate has been named a member of RISMedia’s 2024 Power Broker Top 1,000 Real Estate Firms, landing in the top third of the prestigious national list with a No. 258 ranking in Residential Units Sold and No. 311 in Residential Sales Volume.

Wallace Real Estate also was named to the RealTrends national Top 500 Verified Brokerages list, landing at No. 274 and No. 330 for sides (a party to a transaction) and volume (total dollar amount sold), respectively.

On both lists, Wallace is the top-ranking independent firm from the East Tennessee area.

“These external accolades underscore the commitment, dedication and creativity of our agents and team, and we couldn’t be happier to receive the news in time to celebrate 88 years of Wallace Real Estate in East Tennessee,” CEO George Wallace said. “We have put customers and ethics first since our founding in 1936; our success and longevity should be credited to those customers and the trust they place in us during pivotal life moments."

Wallace also recently won “Best Website Design” from Leading Real Estate Companies of the World at its annual global conference. The award recognized the firm’s efforts in designing a user-first online experience. While Wallace is locally based, it has a global presence as a member of Leading Real Estate Companies of the World® and Luxury Portfolio International®.

“Our innovations were carried out with our customers in mind, and our systems of marketing and support propel our agents to reward customers with the best experience, value and results,” Wallace said.

To commemorate these significant milestones, Wallace is kicking off a local celebration called “Wallace Week” to provide its agents a variety of fun events throughout the week of April 1-5, partnering with local companies to offer engagement and volunteer opportunities.

A year ago on April 1, Wallace relaunched as the largest independent real estate firm headquartered in East Tennessee to provide more flexibility, support and opportunities for agents in a real estate market that has undergone rapid growth and changes.

For more information about Wallace Real Estate, its anniversary celebrations and community involvement, visit wallacetn.com or follow the firm on social media @WeAreWallaceRE.

About Wallace

Wallace Real Estate has been trusted in East Tennessee since 1936. An industry leader with six area offices and nearly 500 sales associates, Wallace is a leading residential and commercial real estate firm in East Tennessee. Selling approximately 4,000 properties each year, the firm owes a great deal of its success to the individuals who laid its foundation: Charles A. Wallace and his father, James A. Wallace, Sr. Since 1936, three generations of the Wallace family have provided buyers and sellers in the region — including Knox, Anderson, Blount, Loudon, Roane and Sevier counties — with a real estate experience that remains unmatched.

The company sets itself apart with industry-leading training and agent development, and always puts integrity first. A one-stop shop, Wallace Real Estate also includes a relocation department, and property management and rentals, as well as mortgage and financing with CMG Financial mortgage loan specialists available in every office. Clients can enjoy convenient closing services through Melrose Title, a locally owned, attorney-driven title company, as well as insurance and home warranty solutions with Dogwood Insurance and 2-10 Home Buyers Warranty. As Wallace celebrates its 88th anniversary this year, it continues to be a reliable authority in the industry.

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