Hammond Residential

What Hammond Residential does

Hammond Residential Real Estate is a privately held residential real estate brokerage founded in 1991 and headquartered in Chestnut Hill, Massachusetts. The firm operates as a subsidiary of NRT LLC, one of the largest residential real estate brokerage companies in the United States, and serves the Greater Boston and broader Massachusetts market with agent-led buyer and seller representation, rental listings, and new construction representation. The company reports 1,586 listings sold and $2.9B in total sales volume for 2020, alongside 397 buyers represented, positioning it as a significant local player concentrated in higher-end Boston neighborhoods including Brookline, Newton, Chestnut Hill, and Boston proper.

The firm's core product is a single-office brokerage offering centered on professional residential agent representation. Its technology stack is a website platform supplied by Union Street Media that delivers property listing search, exclusive listings, open houses, rental listings, and a new construction module, supplemented by a mortgage/home-worth calculator, community and neighborhood guides, and Hammond Magazines publications used as content marketing assets. Hammond uses a direct-to-consumer go-to-market motion combining agent-based field sales with digital channels (website, blog, Facebook, LinkedIn, Instagram) targeted at top-of-funnel awareness. Distribution is regional and executed through the Chestnut Hill office and its agent network.

Hammond's revenue model is a transaction-fee commission structure typical of residential brokerage: agents earn a percentage of the property sale price, generally 5-6% combined split between buyer's and seller's sides, with specific rates negotiated per transaction. Pricing is not publicly disclosed at the firm level. The company does not report revenue publicly and has no external funding rounds; ownership and corporate support flow through NRT LLC. Customer segments are horizontal, focused on individual residential buyers, sellers, and renters in the Greater Boston metropolitan area.

Name

Hammond Residential

Legal name

Hammond Residential Real Estate

Website

https://HammondRE.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

251–500 employees

Short description

Hammond Residential Real Estate is a privately held residential brokerage founded in 1991 in Chestnut Hill, Massachusetts. Operated as a subsidiary of NRT LLC, the firm provides agent-led buyer and seller representation, rentals, and new construction services across the Greater Boston market.

Ownership category

akta.pro rank

Product category

Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Seller Representation & Listing Services (BPAJAAAK)

Keywords

• Residential real estate brokerage
• Home buying services
• Property listings
• Real estate sales
• Luxury home marketing

Headquarters

HQ city

Chestnut Hill

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. Real Estate Commission: The company earns commissions on residential property transactions by representing buyers and sellers. Agents facilitate home purchases and sales, earning a percentage of the transaction value.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Hammond Residential is a residential real estate brokerage that represents buyers and sellers in property transactions across the Greater Boston and Massachusetts markets. The firm operates an agent-based service model complemented by a website listing platform with property search, community guides, and mortgage information. Core services include buyer representation, seller representation, rental listings, and new construction sales.

Product overview

Hammond Residential operates as a single-office residential real estate brokerage serving Massachusetts and Greater Boston since 1991. The company offers a unified service model centered on professional real estate agent representation for both buyers and sellers. Its core product portfolio consists of property listings and search capabilities integrated with full-service buying and selling agent support, supplemented by informational resources including Hammond Magazines publications, mortgage calculators, and community guides. The company specializes in luxury properties across communities including Brookline, Newton, Chestnut Hill, and Boston neighborhoods, with a reported 586 listings sold and $2.9B in sales volume in 2020.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 1,586 listings sold in 2020
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• NRT LLCcoreOthersHammond Residential is operated by a subsidiary of NRT LLC, one of the largest residential real estate brokerage companies in the United States. This parent company relationship provides corporate support and resources.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Coldwell Banker Residential Brokerage (New England): Sister company under the same NRT LLC parent, also serving the Greater Boston and broader New England residential market with a similar traditional-agent brokerage model. The closest structural comparable to Hammond.
• William Raveis Real Estate: Family-owned residential brokerage headquartered in New England that competes directly with Hammond in Greater Boston luxury and suburban markets with a comparable full-service, agent-led model.
• Gibson Sotheby's International Realty: Boston-area Sotheby's-affiliated luxury residential brokerage serving the same Greater Boston neighborhoods (Back Bay, Beacon Hill, Brookline) as Hammond, targeting overlapping luxury clientele.
• Engel & Völkers: International luxury-focused residential brokerage franchise with a Boston shop competing for premium listings and high-net-worth clientele in the same Massachusetts market.

Broad incumbents

• Compass: Large national tech-forward residential brokerage with a growing Boston presence, competing for the same luxury agent and listing pool as Hammond through a proprietary technology platform.
• Redfin: Tech-enabled residential brokerage operating across Massachusetts with a lower-fee model, presenting a direct alternative to traditional brokerages like Hammond for both buyers and sellers.
• Sotheby's International Realty Affiliates: Global luxury residential brand network with affiliated offices in the Boston area, competing for the same high-end listings and buyer representation business as Hammond.
• Berkshire Hathaway HomeServices: National residential brokerage franchise with significant New England presence, competing for mid- to high-tier listings and agent talent in the same Massachusetts geography.
• Douglas Elliman: National luxury-leaning residential brokerage with a Boston-area presence (via Daniel Gale Sotheby's-era operations) competing for premium market share comparable to Hammond.
• Keller Williams Realty: Largest residential brokerage franchise network by agent count with substantial Massachusetts operations, serving a similar residential buyer/seller base with an agent-centric model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/hammond-residential
• LinkedInlinkedin.com/company/hammond-residential
• Instagraminstagram.com/HammondChestnutHill
• Xx.com/hammondre

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hammond Residential