“South Florida by the numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics.
Local real estate just got a whole lot bigger, and more unified. In a blockbuster move, Miami Realtors and Broward, Palm Beaches and St. Lucie Realtors (RWorld) are joining forces to create the largest local Realtor association in the world, along with one of the country’s most formidable Multiple Listing Services.
Starting next month, the newly branded Miami and South Florida Realtors will bring the region’s professionals together under one roof (no pun intended!), reflecting what many already know: This market increasingly operates as one. Add in a staggered leadership transition at the top, and the timing feels almost inevitable.
We take a closer look at the math driving this massive matchup in this edition of South Florida by the Numbers.
93,00
Number of members in the association after the merger. The combined association will streamline rules and regulations, evaluate its 14 locations for potential closures, and provide members with access to both MLSes across Miami-Dade, Broward, Palm Beach and St. Lucie counties. The MLSes will initially operate as separate entities, eventually forming the third-largest MLS in the country.
47
The number of state associations the newly merged association will be larger than, combining Miami’s 56,000 members with RWorld’s 37,000.
$69 billion
Total volume of real estate sold across both associations last year.
33
Years that Teresa King Kinney has served as CEO of Miami Realtors. Kinney announced her plans to retire at the end of 2026 earlier this year, and will serve as co-CEO of Miami and South Florida Realtors with RWorld CEO Dionna Hall post-merger. Upon Kinney’s retirement, Hall will lead the organization.
100-plus
Percentage larger the merged association will be compared to the next-largest local Realtor association, while also being about 33 percent larger than the next local association globally.This column is produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals where membership is by invitation only and based on outstanding production, as well as ethical and professional behavior.
