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If it seems like the lists of top-performing companies in national business magazines are populated by industry mammoths and impossibly large corporations, it’s because they are. Sure, economies of scale can help a company realize success relatively fast, but these lists leave the real, tangible successes of small businesses in the shadows.

Recognizing that these regional brands deserve distinction, the Caruth Institute at SMU’s Cox School of Business came up with the Dallas 100™ Entrepreneur Awards. This list is populated by “the unsung heroes of our economy,” according to the Caruth Institute. Within this list of the 100 fastest-growing privately held companies in North Texas were two residential real estate brands that have been burning up shoe leather in their bid to succeed: Briggs Freeman Sotheby’s International Realty (No. 20), and CLAY STAPP + CO. (No. 80).

“The incredible growth and performance of the Dallas 100™ winners is a tribute to the dynamic and vibrant entrepreneurial community in which we live,” said Jerry White, director of the Caruth Institute for Entrepreneurship at SMU Cox. “The Dallas economy has been driven by entrepreneurs since its founding. With today’s entrepreneurs, investors and supporting professionals, the economic future of our area and beyond looks bright indeed.”

We agree, and it’s fantastic for these two regional brands to see such growth. Perhaps North Texas has fully recovered from the economic downturn now that we’re seeing brokerages post big numbers? At any rate, congratulations to Briggs Freeman Sotheby’s and CLAY STAPP + CO. on your Dallas 100 win!

Home For Sale Sign Dallas

To put a cap on our National Association of Real Estate Editors spring conference report, let’s talk about the future of the real estate market.

Just yesterday, reports from the U.S. Commerce Department came in showing a much weaker economy in the first quarter than initial reports claimed. And on Tuesday we saw reports of cooling home price growth in North Texas’ key metro areas. So, what does it all mean for our economy, both long term and short term, and how can real estate professionals prepare?

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