Campbell River’s Coast Realty office, and others on the Island, will join Royal LePage Real Estate Services (Royal LePage) after it acquired the Coast Realty Group brokerage and property management business.
The two businesses will operate under the Royal LePage banner, effective immediately.
“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.
“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.”
Established 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.
Stephen Grant, broker owner of Royal LePage Advance Realty, has acquired the Coast Realty office in Campbell River, and will merge it with his existing brokerage.
The merged brokerage will operate as Royal LePage Advance Realty. Combined, the brokerage has the largest market share in Campbell River, based on units sold, according to Royal LePage.
Meanwhile, Barry 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.
Clinton 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.
Clinton Miller, broker owner of Royal LePage Parksville-Qualicum Beach Realty has acquired the Coast Realty Group offices in Parksville and Qualicum Beach.
The merged brokerage will operate as Royal LePage Parksville-Qualicum Beach Realty.
Gregg Hart, broker owner of Royal LePage in the Comox Valley, has acquired, and will merge his brokerage in Courtenay with the Coast Realty Group office in Courtenay. He has also acquired Coast Realty Group’s offices in Hornby, Denman Island, Cumberland and Union Bay, and will operate them as satellite offices of the Courtenay location.
The Coast Realty Group office in Powell River will be converting to Royal LePage in the next 30 to 60 days.
“Attracting the best real estate professionals to better serve our consumer clients is vital to sustaining our leadership position as Canada’s Real Estate Company,” Soper said.
“With this acquisition, Royal LePage extends our lead as the largest brokerage firm on Vancouver Island.”
Serving Canadians since 1913, Royal LePage is the country’s leading provider of services to real estate brokerages, with a network of more than 16,000 real estate professionals in more than 600 locations nationwide.
Royal LePage is the only Canadian real estate company to have its own charitable foundation, the Royal LePage Shelter Foundation, dedicated to supporting women’s and children’s shelters and educational programs aimed at ending domestic violence.