Download
royal lepage real estate brokers meeting july 2004 n.
Skip this Video
Loading SlideShow in 5 Seconds..
Royal LePage Real Estate Brokers Meeting July 2004 PowerPoint Presentation
Download Presentation
Royal LePage Real Estate Brokers Meeting July 2004

Royal LePage Real Estate Brokers Meeting July 2004

200 Views Download Presentation
Download Presentation

Royal LePage Real Estate Brokers Meeting July 2004

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. Royal LePage Real EstateBrokers MeetingJuly 2004

  2. Summary of CanadianReal Estate Franchising ActivityJanuary 1 – June 30 2004 Source: Real Estate Magazine (REM)

  3. Re-Flagging, M&A’s • 0 New Franchises • Lost 1 Franchise to ReMax – Broker Peter Mueller- 31 Agents in Scarborough • Master Franchisor Completed a Going-Private Initiative

  4. Re-Flagging, M&A’s Cont… • Mississauga, Ontario • Added 3 Sales Associates, • Broker Ann Huynh • Lost 3 offices -Royal LePage, Prudential & Coldwell Banker

  5. Re-Flagging, M&A’s Cont… • Prince George, British Columbia • Broker Sid Doucette • 8 Sales Associates • Formerly Century 21

  6. Re-Flagging, M&A’s Cont… • 1 New Office in Edmonton, Alberta • Added 8 Sales Associates • Emailed letter to offices “We are actively searching for a Broker(s) /Partner(s) in the Brantford, Cambridge and London areas. We would like to determine your current status and future interest. If you are Broker certified, and in a position to consider owning / managing a potentially fantastic real estate franchise, we would like to hear from you. Please reply so that we may record your interest. “

  7. Re-Flagging, M&A’s Cont… • Parksville British Columbia (Vancouver Island) • Added 8 Sales Associates (announcement 14) • Brokers Wayne Drumbell & Howard Story • Formerly Homelife • Lost 2 offices- Royal LePage & GMAC

  8. Re-Flagging, M&A’s Cont… • Greenwood Nova Scotia, • Added 8 Sales Associates • Broker Ron Fleming • Formerly Coldwell Banker

  9. Re-Flagging, M&A’s Cont… • Halifax Nova Scotia, • Added 9 Sales Associates • Broker Francis MacDonald & Davis Sala • Start-up

  10. Re-Flagging, M&A’s Cont… • Scarborough, Ontario • Acquired 31 Sales Associates and a new location • Broker Frank Colatosti • Total 6 office’s Toronto Area • Formerly Sutton • ReMax lost 2 offices – Royal LePage

  11. Re-Flagging, M&A’s Cont… • Woodbridge, Ontario • Added 1 Sales Associate • Broker Rajendra Sagar • Formerly Independent • Lost 1 Office - Independent

  12. Re-Flagging, M&A’s Cont… • Toronto, Ontario • Added 9 Sales Associates • Broker Vivendra Srivastava • Start-up

  13. Re-Flagging, M&A’s Cont… • Kelowna, British Columbia • Added 2 Sales Associates • Brokers Ken & Grant Weibe • Start-up

  14. Re-Flagging, M&A’s Cont… • Penticton British Columbia • Added 4 Sales Associates • Broker Bill Binfet • Start-up

  15. Re-Flagging, M&A’s Cont… • Kamloops, British Columbia • Added 7 Sales Associates • Broker Craig McIntyre • Start-up

  16. Re-Flagging, M&A’s Cont… • Edmonton, Alberta • Added 6 Sales Associates • Broker Tom Stratton • Start-up

  17. Re-Flagging, M&A’s Cont… • Grand Falls, Newfoundland • Added 2 Sales Associates • Broker Colin Power • Start-up

  18. Re-Flagging, M&A’s Cont… • Calgary, Alberta • Added 41 Sales Associates (75 Listings 2003 Per IMS) • Broker Tim Crough • Formerly Independent Toole Peet

  19. Re-Flagging, M&A’s Cont… • Steinbach, Manitoba • Added 17 Sales Associates • Broker Bob Schinkel • Formerly Homelife

  20. Re-Flagging, M&A’s Cont… • Red Deer, Alberta • Added 5 Sales Associates • Broker Darryl Sim • Formerly Independent

  21. Re-Flagging, M&A’s Cont… • Charlottetown, Prince Edward Island • Added 14 Sales Associates • Brokers Jim Matheson & Blair Fraser • Start-up

  22. Re-Flagging, M&A’s Cont… • Toronto, Ontario • Added 40 Sales Associates • Broker Jim Sturino • Formerly Coldwell Banker

  23. Re-Flagging, M&A’s Cont… • Fernie, British Columbia • Added 7 Sales Associates • Broker Candace Grey • Formerly Homelife • # 1 Market Share

  24. Re-Flagging, M&A’s Cont… • Bancroft, Ontario • Added 7 Sales Associates • Broker Sharon White • Formerly Independent

  25. Re-Flagging, M&A’s Cont… • Nakusp & Revelstoke British Columbia • Added 6 Sales Associates • Broker Ken Marshall • Formerly Independent

  26. Re-Flagging, M&A’s Cont… • Jasper, Alberta • Added 1 Sales Associate • Broker Richard Potter • Formerly ReMax • # 1 Market Share

  27. Re-Flagging, M&A’s Cont… • Campbellton New Brunswick • Added 5 Sales Associates • Broker Dudley Clark • # 1 Market Share

  28. Re-Flagging, M&A’s Cont… • Sherbrooke, Quebec • Added 4 Sales Associates • Broker Jean-Francois Toutant • Formerly ReMax

  29. No announcements in REM • 9 Offices in Canada • 297 sales associates

  30. Summary of Agents Added Y-T-D By Franchise System (Without Trans-Action)

  31. Conversion update:Le Groupe Trans-Action

  32. Le Groupe Trans-Action on acquisition day • Quebec franchisor founded 20 years ago • 3 owners : • Marcel Imbeault (still Executive vice president of Le Groupe Trans-Action) • Jean Limoges (RLP Limoges) • Pierre Tanguay (RLP Multi-Services) • 360 agents in 53 franchises • 75 locations • Gross revenue of 23.8 millions for 2002

  33. Exposure to many new markets • Montreal region: Ahuntsic, Villeray/Rosemont, Repentigny/Le Gardeur, Verdun, Pierrefonds, Mercier, Rivière-des-Prairies • North Shore: Rosemère, Mont-Laurier • South shore: St-Basile-le-Grand, St-Hyacinthe, Mont St-Hilaire, St-Denis, Farnham • Other: Joliette, Rivière-du-Loup, Charlevoix, Beauce

  34. Following acquisition day • Dominic St-Pierre (Director of franchise services for the Quebec region) and Marcel Imbeault (Executive Vice President of Le Groupe Trans-Action) visited every TA offices. • 3 options were presented to them: • Become a RLP franchisee • Remain with TA • Merge with one of our existing franchisee

  35. Offices who converted to RLP

  36. Offices who converted to RLP

  37. Offices who signed a letter of intent

  38. Offices who have not committed

  39. Offices who left TA

  40. Summary • 22 new franchises with 31 locations • 3 mergers • Converted 239 agents • Hired a net amount of 36 agents since converted • RLP exposure in 17 new markets • 19 agents in 4 offices are committed to convert

  41. Summary of Agents Added Y-T-D By Franchise System (With Trans-Action)

  42. Grapevine