Discount real estate sales franchise PropertyGuys.com Inc. has teamed up with real estate brokerage group Realtysellers Real Estate Inc. to create one of the largest real estate enterprises in Canada.
"Canadians are set against paying billions of dollars annually in high commissions to traditional real estate companies. By partnering together, PropertyGuys.com and Realtysellers will be uniquely positioned to deliver the broadest range of professional services at a more reasonable cost," said Lawrence Dale, president and CEO of Realtysellers. "This is a real game changer for how the industry will operate from now on and a huge win for consumers."
Ken Leblanc, president and CEO of PropertyGuys.com said the union would lead to lower fees for clients and "access to brokerage services that were previously off limits."
Realtysellers will initially manage and provide brokerage services for customers listing their property on www.realtor.ca, the national MLS service provided by the Canadian Real Estate Association. Soon the partnership will offer full services with low-cost integrated brokerage and non-brokerage services to customers, Dale said.
from Western Investor November 2011
