Short answer
CBRE Group, the largest US real estate company by revenue ($40.6 billion in 2025), is headquartered in Dallas, along with Invitation Homes ($2.73 billion), Ashford Hospitality Trust and NexPoint Residential Trust. Dallas County has 4,048 real estate establishments with paid employees, employing 37,117 people (Census, 2023), and the Texas Real Estate Commission lists 1,608 active broker companies and 11,942 sales agents in the county.
- CBRE reported $40.6 billion of 2025 revenue and more than 155,000 employees, from its head office on North Pearl Street.
- Three real estate establishments in Dallas County have 1,000 or more employees, as many as in the whole state of Florida.
- Residential property managers in Dallas County average 19.7 employees per office, against 9.2 across the Houston metro.
- Brokerage offices here pay an average of $100,916, against $86,312 across the Houston metro.
- Texas license holders must give the Information About Brokerage Services notice at the first substantive conversation about a property.
On this page
Google's results for "real estate companies in Dallas" mix Dallas-Fort Worth home brokerages, commercial tenant-rep firms and a real estate CRM vendor, so this search comes from home buyers and sellers, businesses looking for space, people who want to work in real estate, and vendors who sell to the industry. This page covers each: the companies headquartered here, the market in Census and state licence data, how to vet a firm, what Texas requires of sellers' agents, and how to prospect. The Census figures cover Dallas County only; Collin, Denton and Tarrant counties are outside them.
Real estate companies headquartered in Dallas
SEC-registered listed companies with real estate codes and a Dallas County business address, ranked by 2025 revenue and checked against each latest Form 10-K:
| Company | What it does | Headquarters | 2025 revenue |
|---|---|---|---|
| CBRE Group | Commercial real estate services | 2121 North Pearl Street | $40,550.0 million |
| Invitation Homes | Single-family rental REIT | 5420 LBJ Freeway | $2,729.3 million |
| Ashford Hospitality Trust | Hotel REIT | 14185 Dallas Parkway | $1,104.4 million |
| Braemar Hotels & Resorts | Luxury hotel REIT | 14185 Dallas Parkway | $704.0 million |
| NexPoint Residential Trust | Apartment REIT | 300 Crescent Court | $251.3 million |
| NETSTREIT | Net lease retail REIT | 2021 McKinney Avenue | $195.0 million |
| NexPoint Diversified Real Estate Trust | Diversified REIT | 300 Crescent Court | $86.0 million |
| FrontView REIT | Net lease REIT | 3131 McKinney Avenue | $67.1 million |
| American Realty Investors | Apartment and land owner | 1603 LBJ Freeway | $50.0 million |
| Transcontinental Realty Investors | Apartment and land owner | 1603 LBJ Freeway | $49.1 million |
The filings show how differently these firms are staffed. CBRE had more than 155,000 employees worldwide at the end of 2025, including Turner & Townsend. NETSTREIT had 29 full-time employees and FrontView 22. One company that EDGAR data places in Dallas, Fermi Inc., gives Amarillo on its 10-K cover, so it's left out. Compare them with the rest of the country in the biggest real estate companies in the US.
Dallas County in Census data
County Business Patterns (CBP) 2023, real estate (NAICS 531), Dallas County, Texas:
| Measure (2023) | Dallas County |
|---|---|
| Establishments | 4,048 |
| Employees | 37,117 |
| Annual payroll | $3,465,750,000 |
| Employees per establishment | 9.2 |
| Average annual pay | $93,374 |
| Share of US real estate establishments | 0.98% of 414,824 |
| Employees | Establishments |
|---|---|
| 1 to 4 | 2,929 |
| 5 to 9 | 617 |
| 10 to 19 | 273 |
| 20 to 49 | 122 |
| 50 to 99 | 49 |
| 100 to 249 | 35 |
| 250 to 499 | 14 |
| 500 to 999 | 6 |
| 1,000 or more | 3 |
| Type (NAICS 2017 code) | Establishments | Employees | Average pay |
|---|---|---|---|
| Lessors: landlords, equity REITs, self-storage (5311) | 1,552 | 11,410 | $94,339 |
| Agents and brokers (531210) | 1,297 | 7,697 | $100,916 |
| Residential property managers (531311) | 602 | 11,854 | $67,631 |
| Nonresidential property managers (531312) | 281 | 4,159 | $111,245 |
| Other services: escrow, listing services (531390) | 246 | 1,038 | $243,966 |
| Appraisers (531320) | 70 | not reported (high-noise figure) | not reported |
Average pay is our calculation: payroll divided by employees. The appraisers' employee count is published but flagged as high-noise: confidentiality noise moved it by 5% or more.
CBP counts establishments with paid employees, so a headquarters office counts once however many sites the company runs, and self-employed agents are left out. The small "other services" group has very high average pay, which suggests a few highly paid offices; treat it with care. Homebuilders and land developers are classified in construction. For the code a firm should use, see the NAICS code for property management.
Licensed brokers in Dallas County
The Texas Real Estate Commission (TREC) publishes its full licence register as open data. Active licences in Dallas County in the file updated 29 October 2026: 1,608 broker companies, 3,603 individual brokers and 11,942 sales agents, out of 13,809, 33,490 and 140,919 statewide. Against 1,297 brokerage establishments with paid staff, the register shows how many firms run on commission agents alone.
How to vet a Dallas brokerage or manager
- Look up the agent and the company on TREC's licence holder search, and check both are active.
- Expect the IABS notice. TREC requires license holders to give the Information About Brokerage Services form at the first substantive communication about a specific property (with exceptions such as short residential leases), and to link it from their website's home page. If it's missing, ask why.
- Ask a manager about scale. Dallas residential managers run large teams; ask who your day-to-day contact is, how many doors that person handles, and how after-hours repairs work.
- For office or industrial space, ask whether the broker represents only tenants or also the landlords whose buildings they'll show you.
Selling a home in Dallas
- Check the appraisal district record. The Dallas Central Appraisal District publishes appraised values and property records; know yours before you set a price.
- Fill in the Seller's Disclosure Notice. Texas sellers of a previously occupied single-family home must give the buyer TREC's form 55-1, which covers the property's condition and history.
- Negotiate the listing terms. Since 17 August 2024, buyer-agent pay can't be offered on a Realtor MLS, and buyers sign their own agreements before touring; the National Association of Realtors' settlement notes say compensation is "not set by law and is fully negotiable."
- Read the IABS notice your listing agent gives you, so you know whom they represent if they also show the home to buyers.
Prospecting Dallas real estate companies
Dallas is unusual in having head offices whose buying covers portfolios well beyond the county, so one Dallas account can open a national contract. Most of the market, though, is local brokerages and managers.
Illustrative example. The company, rates and results are invented.
Trinity Air Service (trinityair.example) offers HVAC maintenance plans to apartment managers. It targets the residential managers in Dallas County with 20 to 999 employees: 33 + 13 + 10 + 6 + 3 = 65 offices (the 1,000-plus cell for this type isn't published). With three contacts each (owner or president, director of maintenance, regional manager), that's 195 people. A 5% reply rate gives about 10 conversations, and if one in three agrees to a pilot community, about 3 pilots. Bebop finds managers like these and writes the account research for each. For brokerages, where agents often buy their own tools, see selling to real estate agents.
Subject: HVAC at [community] Hi [first name], congratulations on taking over [community]. New portfolios usually come with a backlog of HVAC work orders before summer. We can survey every unit in the first two weeks and give you a fixed monthly plan, so your team isn't chasing vendors in July. Worth a 15-minute call this week?
Sources
| Source | What it gives you |
|---|---|
| TREC licence holder search | Status of any agent, broker or company |
| TREC licence holder data | The full register, filterable by county |
| Dallas Central Appraisal District | Appraised values and property records |
| NTREIS | North Texas Real Estate Information Systems, the regional MLS |
| Dallas Regional Chamber | Regional business network and data |
For every industry in the county, see companies in Dallas, and for the Gulf Coast market, real estate companies in Houston.
Next step: find the right person at each account with how to find decision makers.
Sources
- County Business Patterns (CBP), 2023, US Census Bureau, accessed 30 October 2026
- Broker and Sales Agent License Holder Information, Texas Real Estate Commission (Texas Open Data Portal), updated 29 October 2026, accessed 30 October 2026
- Information About Brokerage Services, Texas Real Estate Commission, accessed 31 October 2026
- Seller's Disclosure Notice (TREC No. 55-1), Texas Real Estate Commission, accessed 31 October 2026
- NAR Settlement FAQs, National Association of Realtors, accessed 30 October 2026
- CBRE Group, Form 10-K for 2025, SEC EDGAR, 12 February 2026
- Invitation Homes, Form 10-K for 2025, SEC EDGAR, 19 February 2026
- Ashford Hospitality Trust, Form 10-K for 2025, SEC EDGAR, 23 March 2026
- Braemar Hotels & Resorts, Form 10-K for 2025, SEC EDGAR, 12 March 2026
- NexPoint Residential Trust, Form 10-K for 2025, SEC EDGAR, 26 February 2026
- NETSTREIT, Form 10-K for 2025, SEC EDGAR, 10 February 2026
- NexPoint Diversified Real Estate Trust, Form 10-K for 2025, SEC EDGAR, 31 March 2026
- FrontView REIT, Form 10-K for 2025, SEC EDGAR, 25 February 2026
- American Realty Investors, Form 10-K for 2025, SEC EDGAR, 12 March 2026
- Transcontinental Realty Investors, Form 10-K for 2025, SEC EDGAR, 12 March 2026
- Fermi Inc., Form 10-K for 2025, SEC EDGAR, 30 March 2026
Written by the Bebop team at Blackpearl Group. Published .
Questions people ask
What is the biggest real estate company in Dallas?
CBRE Group, headquartered at 2121 North Pearl Street, is the largest by far: its 10-K reports $40.6 billion of 2025 revenue and more than 155,000 employees worldwide. The largest Dallas-based REIT is Invitation Homes, a single-family rental company with $2.73 billion of 2025 revenue, followed by Ashford Hospitality Trust at $1.10 billion.
How many real estate companies are in Dallas?
Census County Business Patterns counted 4,048 real estate establishments with paid employees in Dallas County in 2023, employing 37,117 people. The Texas Real Estate Commission's register lists 1,608 active broker companies in the county as of 29 October 2026. Neither count covers the suburbs in Collin, Denton or Tarrant counties.
How many real estate agents are in Dallas County?
TREC's licence register, updated 29 October 2026, lists 11,942 active sales agents and 3,603 active individual brokers in Dallas County. Statewide, Texas has 140,919 active sales agents and 33,490 individual brokers. The county is the one on each licence holder's record.
What is the IABS form in Texas?
Information About Brokerage Services is a TREC notice explaining whom a license holder represents. License holders must give it at the first substantive communication with a party about a specific property, with exceptions such as residential leases under a year, and must link to it from their website's home page. Expect it before you discuss price or terms.