Business
Royal LePage Announces Major Expansion in British Columbia
Move makes it the largest real estate company on Vancouver Island TORONTO , July 22, 2...
About this update from Bridgemarq Real Estate Services, Inc.
[{"type":"text","content":"\n\nMove makes it the largest real estate company on Vancouver Island\n\n\n\nTORONTO, July 22, 2015 /CNW/ - Royal LePage Real Estate Services (Royal LePage) has announced the acquisition of the Coast Realty Group brokerage and property management business which will operate under the Royal LePage banner, effective immediately.  \n\n\"I am thrilled to welcome the more than 150 highly regarded professionals at Coast Realty to the Royal LePage family,\" said Phil Soper, President and CEO, Royal LePage. \"This important acquisition is consistent with our goal to give Canadians everywhere access to the superior service that only comes from working with one of our uniquely trained and equipped Realtors®.\"\n\n\"We have made growth in the all-important British Columbia market a strategic priority and the focus has paid huge dividends.  In the last year alone, Royal LePage has experienced incredible momentum across the province, adding 600 Realtors® through acquisition.  We are both the oldest and the fastest growing national real estate business in British Columbia and in Canada,\" Soper continued. \n\nEstablished in 1984, Coast Realty Group is a large, independent real estate company operating out of nine offices on Vancouver Island and one office on the mainland in Powell River, British Columbia.  \n\nDetails of the acquisition are as follows: \n\n\nBarry Clark and Travis Carmichael, broker owners of Royal LePage Nanaimo Realty have acquired, and will merge their brokerage with, Coast Realty Group offices in Nanaimo and Ladysmith and on Gabriola Island. The merged brokerage will operate as Royal LePage Nanaimo Realty. Combined, the brokerage has the largest market share in Ladysmith and on Gabriola Island and has almost tripled its market share in Nanaimo, based on units sold.\nClinton Miller, broker owner of Royal LePage Port Alberni-Pacific Rim Realty has acquired the Coast Realty Group offices in Port Alberni and Ucluelet.  The Port Alberni office will merge with Miller's brokerage in Port Alberni, and the Ucluelet office will be a branch office of that location.  Both offices will operate as Royal LePage Port Alberni-Pacific Rim Realty. Combined, the brokerage has the largest market share in both Port Alberni and Ucluelet, based on units sold.\nClinton Miller, broker own...