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Sutton Group – West Coast Realty Ranked as #1 Broker in Canada
The 2012 Real Trends Report on Canada’s Top 250 Brokers has been released and, for a second consecutive year, Sutton Group – West Coast Realty tops the list. Real Trends, the data tracking firm regarded as a leading source of real estate news, trends and analysis, once again named Sutton Group – West Coast Realty as #1 Largest Brokerage in Canada with 1,837 agents closing 15,039 deals. It also ranked the Canadian based brokerage #1 in Closed Sales Volume at over $9.6 billion for 2011.
“We were honoured to have been given this recognition the first time last year for our 2010 standing in the marketplace,” said Sutton Group’s General Manager, Merrily Hackett. “But frankly, to achieve this recognition once again for 2011 is truly a unique distinction. To have surpassed our own record for 2010… just phenomenal!”
It was the third year that Real Trends has recognized the top brokerages in Canada along with its recognition of the top 500 brokerages in the United States. To put this achievement in a different perspective, Ms. Hackett is quick to point out that if Sutton Group – West Coast Realty were located across the border, it would stand in fifth spot among some American real estate heavyweights, based on its sales volume of over $9.6 billion.
It is no small achievement for an all Canadian brokerage that began with one office some 30 years ago in North Vancouver. It has only been in the last three years that the brokerage expanded rapidly to encompass five branch offices throughout Metro Vancouver with less than 1,000 agents in 2009. In the last 2 years alone, Sutton Group – West Coast Realty has grown to encompass 19 branch offices spanning from Harrison Hot Springs in the eastern Fraser Valley, to Vancouver Island, from Whistler and Gibsons along the Sea to Sky corridor, to North and West Vancouver, with additional offices throughout Metro Vancouver and south into Surrey, Langley and White Rock.
“At the core of our growth has been our focus on educating our agents by incorporating a weekday professional development and coaching centre at our Head Office in Burnaby, anchored by our Director of Education, John Houlihan. We recently opened our second school in the Fraser Valley, a rare investment in this business, but something we recognize is a vital ingredient to enhance the success of our team.” Ms. Hackett summed it up, “Simply stated, it’s the investment in our agents that has made the difference. REALTORS® recognize the value of the brand and the numbers tell the story.”
Although at over $2 billion more than its closest competitor, Royal LePage Real Estate Services Ltd of Toronto, The Sutton Group – West Coast Realty GM is not about to rest on her laurels. “In the true Canadian spirit, we are humble about our achievements but very proud of each and every individual in our brokerage who contributed to this honour, some of whom have stood with us for over 25 years.”
In the ever changing and competitive world of real estate, there is no guarantee of the standing for the #1 Brokerage in Canada for 2012. But given the meteoric rise of a Canadian bred brokerage that began small on the shores of North Vancouver, there is no goal too high or challenge too daunting.