Real Trends has published its second annual list of the 200 Largest Brokers in Canada, and there’s a new No. 1.
It’s Sutton Group – West Coast Realty, based in New Westminster, B.C. With 17 offices and 1,690 agents at the time the list was compiled, the brokerage had 14,577 “ends” or transaction sides in 2010. It also leads the Real Trends list of the largest brokers by closed sales volume in 2010, at a whopping $8,410,954,874.
Sutton Group – West Coast Realty was the original Sutton office in Canada, founded by Scott Shaw and Lance Tracey in 1983. The first office was in North Vancouver, but the company soon expanded to Coquitlam and Surrey. The firm later expanded across the province with other partners.
“In 2009, we recognized an opportunity for us to bring better value for Realtors in the market, which began a ‘rebirth’ of the organization,” says Josh Heppner, chief operating officer of Sutton Group – West Coast Realty. “We brought all the offices under a common ownership group and transitioned into expansion mode.”
The firm is now owned by a group of silent investors, most of whom have been brokers/owners at one time. The management group is led by Heppner and general manager Merrily Hackett. As of April 1 of this year, the firm had 1,751 sales reps.
Last year’s No. 1, the 15 Royal LePage corporately owned offices in Toronto, came in second on both lists for 2010.
Nicolai Kolding, partner at Real Trends, says compiling the second list was easier than the first time out, but they know there are companies that didn’t make the list and should be there. “We wish we could have reached everyone,” he says. “There are even some we heard from after we closed the survey.”
Sutton Group – West Coast Realty did not appear on last year’s list because they were not aware it was being compiled, says Heppner. Another significant newcomer to the list is independent Harvey Kalles Real Estate in Toronto, which ranks 14th on the sales volume list and 59th in transactions.
Re/Max offices hold down 137 of the top 200 positions. The top independent on the transaction sides list is CIR Realty in Calgary, at No. 18.
The full list includes the largest 200 firms, plus 29 “up and comers” that almost made the list.
Kolding says the 229 firms averaged 13.5 transaction ends and $4.79 million in closed sales volume. “The agents from the 229 largest U.S. firms, on the other hand, averaged 7.2 transaction ends and $2.04 million (US) in closed sales volume.”
REAL Trends 200
The 200 Largest Brokers in Canada
(Ranked by Closed Transaction Sides for 2010)
1. Sutton Group – West Coast Realty, New Westminster, B.C. 14,577
2. Royal LePage Real Estate Services, Toronto 10,979
3. Re/Max Realtron Realty, Markham, Ont. 8,444
4. Re/Max Real Estate (Edmonton), Edmonton 7,593
5. Royal LePage Team Realty & Royal LePage Gale Real Estate, Ottawa 7,537
6. Re/Max Real Estate Centre, Cambridge, Ont. 7,123
7. Royal LePage ProAlliance Realty, Belleville, Ont. 7,021
8. Re/Max Twin City Realty, Kitchener, Ont. 6,883
9. Re/Max Hallmark Realty, Toronto 6,700
10. Royal LePage Niagara Real Estate Centre/Four Seasons, St. Catharines, Ont. 5,766
11. Macdonald Realty Group, Vancouver 5,417
12. Royal LePage Performance Realty, Ottawa 5,070
13. Century 21 Conexus Realty, Regina 4,850
14. Re/Max Realty Specialists, Mississauga, Ont. 4,588
15. Re/Max Escarpment Realty, 4,519
16. Royal LePage Your Community Realty, Richmond Hill, Ont. 4,399
17. Keller Williams Ottawa Realty, Ottawa, Ont. 4,330
18. CIR Realty, Calgary 4,317
19. Royal LePage RCR Realty & Royal LePage York North Realty, Orangeville, Ont. 4,303
20. Re/Max Metro-City Realty, Ottawa 4,284
21. Royal LePage Atlantic, Halifax 4,266
22. Re/Max Saskatoon/North Country/P.A. Realty, Saskatoon, Sask. 4,247
23. Re/Max Real Estate (Central), Calgary 4,222
24. Royal LePage State Realty, Stoney Creek, Ont. 4,215
25. Re/Max Royal (Jordan), Beaconsfield, Que. 3,712
26. Re/Max West Realty, Toronto 3,595
27. Coldwell Banker Terrequity Realty, Toronto 3,516
28. Royal LePage Foothills, Calgary 3,409
29. Prudential Sussex Realty, North Vancouver. B.C. 3,296
30. Royal LePage Triland Realty, London, Ont. 3,253
31. Re/Max Camosun, Victoria 3,233
32. Re/Max 1er Choix, Que. City 3,221
33. Re/Max Garden City Realty, St. Catharines, Ont. 3,201
34. Re/Max Preferred Realty, Windsor, Ont. 3,032
35. Re/Max Performance Realty, Winnipeg 2,980
36. Century 21 Leading Edge Realty, Markham, Ont. 2,960
37. Re/Max Platine, Brossard, Que. 2,926
38. Re/Max House of Real Estate, Calgary 2,925
39. Re/Max Alliance, Montreal 2,849
40. Re/Max Professionals, Mississauga, Ont. 2,768
41. Re/Max 2000, Laval-des-Rapides, Que. 2,733
42. Re/Max Du Cartier, Montreal 2,667
43. Re/Max Professionals, Winnipeg 2,618
44. Re/Max Real Estate (Mountain View), Calgary 2,600
45. Royal LePage Noralta Real Estate, Edmonton 2,539
46. Re/Max Executives Realty, Winnipeg 2,467
47. Re/Max Des Mille-Iles, Terrebonne, Que. 2,462
48. Re/Max Premier, Vaughan, Ont. 2,452
49. Re/Max 2000 Realty, Toronto 2,450
50. Re/Max Acces, Ste-Foy, Que. 2,423
51. Re/Max Crossroads Realty, Toronto 2,353
52. Re/Max Chay Realty, Barrie, Ont. 2,342
53. Re/Max Vernon, Vernon, B.C. 2,307
54. Re/Max Realty Services, Brampton, Ont. 2,276
55. Re/Max T.M.S., Ste-Thérèse, Que. 2,263
56. Re/Max Crest Realty Westside, Vancouver 2,236
57. Re/Max Crown Real Estate, Regina 2,235
58. Re/Max Kelowna, Kelowna, B.C. 2,231
59. Harvey Kalles Real Estate, Toronto 2,200
60. Re/Max Rouge River Realty, Toronto 2,197
61. Re/Max Reference 2000, Beauport, Que. 2,163
62. Royal LePage Kelowna, Kelowna, B.C. 2,159
63. Re/Max D’Abord, Sherbrooke, Que. 2,155
64. Century 21 Heritage Group, Thornhill, Ont. 2,140
65. Re/Max Centre City Realty, London, Ont. 2,137
66. Re/Max Elite, Edmonton 2,131
67. Royal LePage Coast Capital Realty, Victoria 2,126
68. Re/Max 2001, Fabreville, Laval, Que. 2,062
69. Re/Max First Realty, Pickering, Ont. 2,052
70. Re/Max Realty Professionals, Calgary 2,043
71. Royal LePage Meadowtowne Realty, Mississauga, Ont. 2,036
72. Re/Max De Francheville, Trois-Rivières, Que. 2,027
73. Century 21 First Canadian, London, Ont. 2,021
74. Re/Max of Nanaimo, Nanaimo, B.C. 2,013
74. Re/Max Vision, Gatineau, Que. 2,013
76. Re/Max Signature, Boucherville, Que. 1,961
77. Re/Max Eastern Realty, Peterborough, Ont. 1,940
78. Re/Max Westcoast, Richmond, B.C. 1,917
79. Re/Max Little Oak Realty, Abbotsford, B.C. 1,912
80. Re/Max Real Estate Services, Vancouver 1,845
81. Royal LePage Dynamic Real Estate, Winnipeg 1,795
82. Re/Max Select Properties, Vancouver 1,781
83. Re/Max Aboutowne Realty, Oakville, Ont. 1,780
84. Re/Max Professionnel, Granby, Que. 1,768
85. Re/Max Avantages, Charny, Que. 1,756
86. Re/Max Crown Realty, Sudbury, Ont. 1,739
87. Re/Max Condos Plus, Toronto 1,716
88. Coldwell Banker Case Realty, Scarborough, Ont. 1,671
89. Re/Max Del Mar Realty, Stoney Creek, Ont. 1,651
90. Re/Max Avant Tout, Rimouski, Que. 1,649
91. Re/Max Nyda Realty, Chilliwack, B.C. 1,645
92. Re/Max Treeland Realty, Langley, B.C. 1,639
93. Re/Max Advantage, Sherwood Park, Alta. 1,634
94. Re/Max Landan Real Estate, Calgary 1,614
95. Exit Realty Advantage, Fredericton, N.B. 1,595
96. Re/Max All-Stars Realty, Unionville, Ont. 1,548
97. Re/Max River City, Edmonton 1,542
98. Re/Max Real Estate, St. Albert, Alta. 1,525
99. Re/Max Sarnia Realty, Sarnia, Ont. 1,492
100. Re/Max Realty Concepts, Kingston, Ont. 1,487
101. Re/Max Imagine, Longueuil, Que. 1,480
102. Re/Max Life Styles Realty, Maple Ridge, B.C. 1,467
103. Re/Max Realty Specialists, St. John’s, Nfld. 1,455
104. Royal LePage Prime Real Estate, Winnipeg 1,449
105. Re/Max Ability Real Estate, Courtice, Ont. 1,442
106. Re/Max Fortin Delage, Ste-Foy, Que. 1,440
107. Royal LePage Wolstencroft Realty, Langley, B.C. 1,419
108. Re/Max Performance Realty, Mississauga, Ont. 1,410
109. Re/Max Centre City Realty, Prince George, B.C. 1,370
110. Re/Max Realty One, Mississauga, Ont. 1,363
111. Keller Williams Energy Real Estate, Whitby, Ont. 1,351
112. Re/Max Crest Realty, North Vancouver, B.C. 1,322
113. Re/Max Solid Gold Realty, Waterloo, Ont. 1,316
114. Re/Max 2000 Realty, Surrey, B.C. 1,309
115. Re/Max Capitale, Quebec City, Que. 1,286
116. Re/Max Realty Enterprises, Mississauga, Ont. 1,274
117. Re/Max Excellence, Edmonton 1,266
118. Re/Max First, Calgary 1,265
119. Re/Max Nova, Halifax 1,261
120. Coldwell Banker Westburn Realty, Burnaby, B.C. 1,247
121. Re/Max Vision Realty, Toronto 1,243
122. Coldwell Banker First Ottawa Realty, Ottawa 1,222
123. Re/Max Central Realty, Burnaby, B.C. 1,221
124. Re/Max Colonial Pacific Realty, White Rock, B.C. 1,218
125. Re/Max Group Four Realty, Fredericton, N.B. 1,217
126. Exit Realty Associates, Moncton, N.B. 1,211
126. Re/Max Real Estate Central Alberta 1,211
128. Coldwell Banker Peter Benninger Realty, Kitchener, Ont. 1,199
129. Re/Max Performance, St.-Lambert, Que. 1,196
130. Keller Williams Referred Realty, Toronto 1,191
131. Exit Realty Specialists, Saint John, N.B. 1,168
132. Re/Max Sabre Realty, Port Coquitlam, B.C. 1,160
132. Re/Max United, Mount Pearl, Nfld. 1,160
134. Royal LePage Network Realty, Red Deer, Alta. 1,154
135. Re/Max Tremblant, Mont-Tremblant, Que. 1,137
136. Exit Realty on the Rock, St. John’s, Nfld. 1,136
137. Royal LePage Estate Realty, Toronto 1,127
138. Exit Realty Metro, Bedford, N.S. 1,126
139. Re/Max Kings Realty, Mississauga, Ont. 1,124
140. Re/Max Niagara Realty, Niagara Falls, Ont. 1,120
141. Re/Max All Points Realty Group, Coquitlam, B.C. 1,110
142. Re/Max Fort McMurray, Fort McMurray, Alta. 1,107
143. Prudential Grand Valley Realty, Cambridge, Ont. 1,102
144. Century 21 Westman.com, Brandon, Man. 1,090
145. Re/Max Georgian Bay Realty, Midland, Ont. 1,080
146. Coldwell Banker R.M.R. Real Estate, Whitby, Ont. 1,058
147. Re/Max Jazz, Oshawa, Ont. 1,014
148. Re/Max Privilege, St-Hubert, Que. 1,009
149. Coldwell Banker Pinnacle Real Estate, Ancaster, Ont. 1,006
150. Re/Max Ultimate Realty, Toronto 1,003
151. Coldwell Banker Panda Realty, Edmonton 987
152. Re/Max Professionals Saint John, Saint John, N.B. 984
153. Coldwell Banker Momentum Realty, St. Catharines, Ont. 975
154. Coldwell Banker Horizon, Kelowna, B.C. 971
155. Royal LePage Credit Valley Real Estate, Brampton, Ont. 957
156. Re/Max Affiliates Realty, Ottawa 952
157. Coldwell Banker Coburn Realty, Ottawa 946
158. Keller Williams Golden Triangle Realty, Kitchener, Ont. 921
159. Re/Max First Choice Realty (Thunder Bay), Thunder Bay, Ont. 909
160. Re/Max Banner Real Estate, Middleton, N.S. 907
161. Re/Max Quinte, Belleville, Ont. 886
162. Re/Max Real Estate Centre, Edmonton 885
163. Re/Max Extra, Beloeil, Que. 880
164. Re/Max Actif, St-Bruno, Que. 852
165. Century 21 In Town Realty, Vancouver 847
166. Re/Max a-b Realty, Startford, Ont. 844
166. Re/Max Omega Realty, Newmarket, Ont. 844
168. Re/Max Legend Real Estate, North Bay, Ont. 841
169. Re/Max Lanaudiere, St-Charles-Borromée, Que.
170. Re/Max De La Pointe, Montreal 824
171. Re/Max Masters Realty, West Vancouver 822
172. Keller Williams Advantage Realty, Toronto 821
173. Re/Max Pembroke Realty, Pembroke, Ont. 819
174. Re/Max Land Exchange. Wingham, Ont. 816
174. Re/Max Real Estate – Lethbridge, Lethbridge, Alta. 816
176. Keller Williams Elite Realty, Port Coquitlam, B.C. 799
177. Century 21 Advantage, Red Deer, Alta. 772
178. Re/Max Accord, Edmonton 771
178. Re/Max Action, Lasalle, Que. 771
180. Prudential Property Specialists, Bedford, N.S. 770
181. Re/Max Immo-Contact, Duvernay, Que. 762
182. Keller Williams Realty South, Calgary 759
183. Re/Max Orillia Realty, Orillia, Ont. 757
184. Coldwell Banker Parker Realty, Charlottetown, PEI 755
185. Re/Max Futur, Châteauguay, Que. 741
186. Re/Max Du Haut Richelieu, St-Jean-sur-Richelieu, Que.
187. Re/Max Defi, Valleyfield, Que. 727
188. Re/Max 3000, Montreal 723
189. Re/Max Goldenway Realty, Toronto 711
190. Re/Max Grey Bruce Realty, Owen Sound, Ont. 710
191. Coldwell Banker National Preferred, Winnipeg 710
192. Re/Max Advantage Realty, London, Ont. 702
193. Re/Max Welland Realty, Welland, Ont. 690
194. Re/Max Harmonie, Montreal 689
195. Re/Max Bois-Francs, Victoriaville, Que. 688
196. Century 21 Miller Real Estate, Oakville, Ont. 666
197. Re/Max Trent Valley Realty, Trenton, Ont. 662
198. Century 21 United Realty, Peterborough, Ont. 658
199. Keller Williams VIP Realty, Ottawa 657
200. Re/Max Plus, Chambly, Que. 656
To view both lists, click here.