Top Real Estate Brokerage Firms in Canada
There are some notable new entrants in the Top Real Estate Brokerage Firms in Canada list this year. The Sutton Group – West Coast Realty, Royal LePage Commercial, Macdonald Realty, Stomp Realty Inc., and Re/Max offices hold 137 of the 200 spots. While these firms are among the largest, some are proving to be up and comers. To find out more, read the full list.
Sutton Group – West Coast Realty
For the second consecutive year, Sutton Group – West Coast Realty topped the Real Trends report, which ranks Canada’s largest real estate brokerages. The report was compiled by a data tracking firm and a leading source of real estate news. Sutton Group – West Coast Realty ranked as the #1 Largest Brokerage in Canada with over 1,800 agents and closed sales volume. In comparison, Sutton Group – West Coast Realty had only 566 agents in 2009 and today, it has 19 branch offices across Metro Vancouver.
The company is 100% Canadian and is comprised of Sutton Group Management Ltd., which also owns Sutton Group – 1st West and Sutton Centre Realty. It is led by Michael Lam, president and CEO of SGM, and employs approximately 1,500 brokers and agents across 20 locations in British Columbia. The company’s three brands work together to serve customers across the globe. Among them are Sutton Group – 1st West, Sutton Centre Realty, and Sutton Group – West Coast Realty.
The Sutton Group – West Coast Realty team has many unique qualities that set them apart from other brokerages. The owners, Peter and Vivian, are compassionate and dedicated to helping their clients achieve their personal goals. Peter grew up in Singapore and Japan and speaks Japanese and Mandarin, among other languages. Peter also studied music at the New England Conservatory in Boston and has an extensive history in the real estate industry. This is reflected in the long-standing relationships between Peter & Vivian.
Royal LePage Commercial
If you are in need of a commercial real estate broker in London, Ontario, the experts at Royal LePage Commercial are the perfect choice. With over 18,000 REALTORS® nationwide, this brokerage firm provides comprehensive real estate solutions and a network of local professionals who are passionate about helping you find the right space for your business. Their entrepreneurial network spans all commercial disciplines, without asset class restrictions. You can be confident that Royal LePage will provide you with top-notch service.
A real estate broker in Canada must have a high level of professionalism and expertise to succeed. The Royal LePage brand has earned a reputation for providing quality and personal service, which is why they are one of the leading brokerage firms in Canada. Founded in 1897, Royal LePage is a member of the Canadian Real Estate Association. The firm has many awards to its name and has a reputation for exceeding client expectations.
Brookfield Asset Management, a Canadian private investment company, sold Royal LePage Commercial in 2005 to the Brascan Corporation. The company offers a variety of services for commercial real estate brokers, including brokerage operations in five major business centres. The name Royal LePage has been around since 1913. However, the Royal LePage Commercial Westhaven brokerage is now part of Bridgemarq Real Estate Services Inc., a major provider of real estate services to brokers and is an affiliate of Brookfield Business Partners, a global investment firm listed on the Toronto and New York Stock Exchanges.
Lynn Hsu came to Canada as an immigrant in the late 1970s. With limited English language skills and no social network, she quickly made a name for herself as the number one Western Canadian salesperson. In 1990, she bought Macdonald Realty, which was then a single office in Vancouver’s Westside. Today, Macdonald is the largest real estate brokerage in Western Canada with more than 1,000 employees and 20 offices across British Columbia and Alberta. Founded in Vancouver, Macdonald Realty has a combined net sales volume of $4.7 billion, making it one of the largest brokerage firms in Western Canada.
Founded in 1982, Macdonald Realty is a member of the Real Estate Institute of BC, and Tony Macdonald has an RI professional designation. Macdonald is also a member of the National Association of Industrial Office Properties and the International Council of Shopping Centers. He has served as a director of the Real Estate Council of BC’s Property Management Advisory Group, and is a past president of the Urban Development Institute Pacific Region. Tony Macdonald also heads Macdonald Commercial, British Columbia’s affiliate of Corfac International, which is a global network of commercial brokerage firms.
Founded in 1944, Macdonald Realty has over 20 offices throughout British Columbia. It has nearly 1,000 employees and is Western Canada’s largest fully integrated real estate company. Macd Realty has a comprehensive portfolio of services, including residential and commercial sales, land assembly, property and strata management, and project marketing for new strata developments. Macd Realty also offers mortgage financing.
Stomp Realty Inc.
The years of experience and positive attitude of Lorena are an asset to Stomp Realty Inc., where her clients’ needs are the top priority. Her negotiating skills and positive attitude ensure that her clients’ experience will be as stress-free and profitable as possible. A former Real Estate Researcher at Property Brothers, she has built connections throughout the industry. She also plays a part in the Toronto Football Club’s social life. She is also fluent in French.
Founded in 1967, Eastdil Secured has been active in every cycle of the real estate market. Combining conventional real estate brokerage and investment banking, Eastdil specializes in creating value through unique advisory services and individually tailored structures. The firm’s comprehensive marketing-placement programs provide unparalleled client service. As a member of TCN Worldwide, Eastdil is a leading global commercial real estate firm with a global footprint of approximately $58 billion in annual transactions.
With over 18000 employees in 68 countries, Eastdil Secured is one of the world’s leading private real estate investment banking companies. Its comprehensive services encompass corporate and financial advice to real estate owners, investors, and occupiers. It also provides general property surveys, fund management, destination consulting, and property co-investment. The firm was founded in 1967 and has offices in more than 30 countries.
Wells Fargo has been exploring selling Eastdil Secured, its real estate brokerage division, to a private equity firm. The bank is in the process of dismantling non-core businesses and has been talking to private equity firms about a possible deal. Wells Fargo bought Eastdil for an undisclosed amount in 1999. However, the bank is not technically allowed to own brokerages and is seeking to sell it to a third party.
In the US, Eastdil Secured, L.L.C. is the broker who arranges the transaction and equity capitalization of the Partnership. Eastdil receives its commission from Wells Fargo. However, the seller pays the commission to Eastdil. And in Canada, Eastdil is one of the largest real estate investment banking firms in the world. But how does the deal work in Canada?