Each month, REM shares brokerage expansions and conversions, leadership appointments and other key industry moves. Have an announcement to share? Email your news to editor@realestatemagazine.ca by the 26th of each month, and don’t forget to include a photo!

Expansions, mergers and conversions

Sutton Group expands in the west

Real estate company Sutton Group is expanding its reach with two new offices.

This month, Sutton announced the grand opening of Sutton Beeline Calgary and Sutton Centre Kelowna.

The establishment of the new locations was strategic, says Sutton, as both Kelowna and Calgary offer “significant market opportunities for growth.” 

Sutton Beeline in Calgary is led by managing broker Zaeena Gul, while Sutton Centre Kelowna is co-led by managing brokers Emily Coates and John Skender. 

“The opening of Sutton Beeline Calgary and Sutton Centre Kelowna represents a significant step forward for Sutton,” said Beatrice Cosentini, vice-president of Sutton’s western region.

“In a market where there is increased demand for innovative solutions, this team exemplifies the forward-thinking vision and enthusiasm required to drive meaningful change in the market.”

Royal LePage welcomes Saskatchewan brokerage

Mark Zawerucha

Royal LePage is announcing the opening of Royal LePage Success Realty, based in Yorkton, Sask. 

The brokerage will serve clients in Yorkton, as well as surrounding communities including Melville, Springside, Saltcoats, Theodore, Good Spirit Lake and beyond. 

The new brokerage is led by Mark Zawerucha, formerly an associate broker with Re/Max, who brings nearly a decade of real estate experience to his new ownership role.

“In the short term, my goal is to establish Royal LePage Success Realty as a trusted name in Yorkton and surrounding areas,” said Zawerucha. “Long term, I want to grow a strong team of professionals who share my commitment to delivering outstanding service to clients.”

Executives Property Management and Century 21 Assurance Realty Ltd. join forces

Treena Piva

Property management company Executives Property Management (Formerly Real Property Management), which services Kelowna and the B.C. Interior, has merged with Century 21 Assurance Realty Ltd.

Treena Piva and Aaron Piva of Executives Property Management will continue their leadership as managing directors of property management.

Century 21 Assurance Realty is led by managing broker Kim Davies.

“Our mission has always been to serve with integrity, lead with purpose, and create value for both investors and residents,” said Treena Piva. “Together, we’re taking that promise to the next level – continuing our commitment to redefine and elevate the expectations of property management through strategic innovation, advanced technology, and next-level service.”

Corcoran Horizon Realty opens new Hamilton office

Corcoran Horizon Realty is deepening its roots in Ontario with the opening of its newest office in Hamilton. 

Heading up the office as broker/managing partner is Martinus Geleynse, who brings over 16 years of experience in real estate, marketing and community development to the role, according to a company statement. 

“Our new Hamilton office reflects our belief in the city’s resilience, diversity and unmatched character,” said Cliff Rego, CEO and broker of record for Corcoran Horizon. “Hamilton is a place of reinvention and grit, where heritage meets innovation. We’re proud to establish a presence in a city that’s not only steeped in history but also driving forward with creativity, entrepreneurship, and community spirit.”

Corcoran is already established in the markets of Kitchener, Cambridge, Port Severn and Toronto.

Odyssey Retail Advisors expands to Canada

Odyssey Retail Advisors, a premier real estate advisory firm, is expanding into the Canadian retail market with a footprint in Toronto.

Headquartered in New York, with offices in Miami, Chicago and Los Angeles, the firm advises luxury and contemporary retailers in expanding their presence worldwide and guides developers in creating upscale shopping destinations.

Joining Odyssey as part of the Canadian expansion are Casdin Parr, David Bishop and Ryan McCarthy as executive vice presidents, along with Lesia Czech as director.

Together, they bring decades of experience advising national and international retailers across the Canadian retail landscape, says a company statement.

“This is a pivotal step in Odyssey’s continued evolution as a global advisory platform,” said Rich Johnson, principal at Odyssey Retail Advisors.

“Casdin, David and Ryan are widely respected for their deep client relationships, market expertise, and strategic thinking. Their presence enhances our ability to support clients in one of the most important luxury markets in North
America.”

Important milestones

New HQ for Berkshire Hathaway HomeServices Québec

Berkshire Hathaway HomeServices Québec is celebrating the grand opening of its new headquarters in Montreal.

Located minutes from Royalmount, dubbed the largest private development underway in the province, the move marks a step forward for the brokerage, which established itself in Québec in 2020.

The 2,000-square-foot space, located in suite 290 of 5929 Trans-Canada Highway, is designed to have the look and feel of a penthouse condominium, rather than an office, according to a company statement.

The brokerage is led by founder and CEO Sacha Brosseau, who is planning to expand across the province. 

“We will grow with the right people, at the right pace,” he said in a statement. “We’ve witnessed what happens when large corporations prioritize spreadsheets over their brokers, and we are building a different kind of company—one where growth serves to strengthen and support every member of our organization.”

Engel & Völkers Ottawa signs up for another decade

Engel & Völkers Ottawa recently announced the renewal of its franchise agreement, marking a decade in Ottawa’s high-end real estate market and committing to another 10 years under license partners John King and Larry Mohr. 

Since 2016, Engel & Völkers Ottawa has expanded to four shops across the metropolitan region. 

The brokerage has become a major player in Ottawa’s luxury segment, representing 12 per cent of all properties sold over $1 million and a commanding six per cent of the overall market share, according to a company statement.

Their 150 advisors make up three per cent of the local real estate board. 

The post The Real Deal: Industry highlights for October 2025 appeared first on REM.

Each month, REM shares brokerage expansions and conversions, leadership appointments and other key industry moves. Have an announcement to share? Email your news to editor@realestatemagazine.ca by the 26th of each month, and don’t forget to include a photo!

Leadership moves

Re/Max Twin City adds to leadership team

Re/Max Twin City Realty has appointed Brian Santos as managing broker for its Waterloo, Ont., and New Hamburg, Ont., offices. 

Santos brings 17 years of experience to the role, including as a past president of the Kitchener-Waterloo Association of Realtors and two-term director at Ontario Real Estate Association (OREA).

He is also respected for his community work through Scotland’s Yard, which has raised over $4 million for children’s care in local hospitals.

“Joining REMAX Twin City is an incredible opportunity to be part of a brokerage that values growth, innovation, and community,” said Santos. “I’m looking forward to building on the strong foundation already in place and helping our agents and offices reach even greater heights.”

Expansions and conversions

Re/Max Excellence expands with new office in Brampton

Mississauga, Ont.-based Re/Max Excellence is expanding its network to nearby Brampton. 

Broker/owners Gurv Dhillon and Aman Bhandaal are welcoming over 20 agents to their new office located at 456 Vodden Street.

“The decision to open another Re/Max office was driven by our commitment to growth, agent success, and expanding our footprint in a high-potential market,” said Bhandaal. “Seeing our agents achieve their dreams and build successful careers is what makes this expansion truly rewarding. 

Nest Seekers expands into Toronto’s Yorkville district

Nest Seekers International has opened its Ontario flagship office in Toronto at 101 Yorkville Ave., marking a key step in the company’s Canadian expansion.

“The launch of our Yorkville flagship is a defining moment for Nest Seekers in Canada,” said Angelo Ferlisi, broker of record for Nest Seekers Ontario. “It establishes our presence in one of the world’s most coveted luxury markets and sets the stage for growth and global collaboration.”

Founded in 2002 by CEO Eddie Shapiro, Nest Seekers bills itself as one of the fastest-growing privately held luxury real estate brokerages in the world. It operates more than 80 offices and employs over 2,000 professionals across major international markets. The firm has closed over US$100 billion in real estate transactions.

In addition to residential and commercial properties, Nest Seekers offers services for ultra-high-net-worth clients, including brokering yachts, fine art and private aircraft. The company is known for its use of media, technology and cross-market strategy to connect buyers and sellers globally.

Macdonald Realty opens new office in Whistler Village

Macdonald Realty has opened a new office in the heart of Whistler Village, B.C., expanding its presence in the Sea-to-Sky region.

Though active in the Whistler market for years, the new space signals a renewed focus, led by managing broker Patricia Place, says a company statement. It works in tandem with the company’s Squamish office, which holds the largest share of local listings.

Located at #124-4338 Main Street, the office is designed with flexibility in mind. It offers open workspaces where agents can meet clients, collaborate with colleagues, or work between showings.

Agents based in Whistler also benefit from full-service support from the Squamish location, including conveyancing and admin help.

Macdonald Realty now has 19 residential offices and more than 1,100 professionals across B.C.

Important milestones

CENTURY 21 Lakeside returns to rebuilt office two years after wildfire

Two years after the Bush Creek East wildfire tore through parts of the Shuswap Lake region in British Columbia, CENTURY 21 Lakeside Realty has returned to its rebuilt office in Scotch Creek.

The fire, which began in July 2023, caused widespread destruction across the North Shuswap area. Among the more than 100 structures lost was CENTURY 21 Lakeside’s office. Owner Kevin Campbell remembers the evacuation happening within minutes.

“We got the phone call that the fire was coming down the hill and we had to get moving immediately,” said Campbell “We didn’t have time to get into the office and take anything out – it got dangerously windy, the evacuation order came in, and everybody ran. In a matter of minutes, the office was gone.”

While the building was lost, no one on the team was injured. In the months that followed, the business operated out of a temporary location while the community began the long process of rebuilding.

The new office officially reopened this summer. Built on the same site, it now serves as a symbol of resilience for the business and the community.

CENTURY 21 Lakeside has been part of the CENTURY 21 Canada network since 1976 and recently renewed its franchise agreement through 2029.

CENTURY 21 Bamber marks 40 years in Calgary real estate

CENTURY 21 Bamber Realty is marking its 40th anniversary, highlighting four decades in Calgary’s real estate industry.

Founded in 1984, the brokerage has grown to become one of the top-performing CENTURY 21 offices in Canada. Owner George Bamber said the company’s focus remains on supporting Albertans through real estate transactions while fostering a strong, experienced team.

A key development in its anniversary year is a merger with CENTURY 21 Elevate. The Elevate team, led by Andre and Tanya d’Abadie, has joined the Bamber office, bringing with them over 20 years of experience in property management. Andre d’Abadie will now lead Elevate Property Management under the Bamber umbrella, expanding the brokerage’s range of services.

Bamber, who began his real estate career at age 23, said mentorship is central to his leadership approach. “It’s about guiding agents and helping them grow into the profession,” he said.

Bamber also serves on Alberta’s Residential Council and has previously served on the Calgary Real Estate Board. He says contributing to the industry’s development remains a priority.

The post The Real Deal: Industry highlights for September 2025 appeared first on REM.

The all-stock transaction is valued at approximately US$1.6 billion.

The combined company will be worth around US$10 billion and will bring together roughly 340,000 real estate professionals across about 120 countries and territories, said an official statement.

The deal marks a game-changing merger in the residential real estate sector, combining Compass — the largest residential brokerage in the United States by sales volume — with Anywhere’s portfolio of prominent brands, including Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA and Sotheby’s International Realty.

“Today marks a monumental step towards our mission to empower real estate professionals with everything they need to grow their business and better serve their clients,” said Compass CEO and founder Robert Reffkin. “I have deep respect for Anywhere’s leadership, agents, employees, culture, and brands. By bringing together two of the best companies in our industry, while preserving the unique independence of Anywhere’s leading brands, we now have the resources to build a place where real estate professionals can thrive for decades to come.”

The post Compass to acquire Anywhere Real Estate in ‘monumental’ deal appeared first on REM.

Following an extensive review of potential providers, Propra was selected for its “modern, intuitive technology and deep understanding of the operational and regulatory requirements unique to Canadian property managers,” says Century 21. 

“Propra stood out as a forward-thinking partner with a proven ability to meet the complex needs of property managers in Canada,” said Todd Shyiak, executive vice president of Century 21 Canada.

“Their platform aligns with our vision to support our offices with tools that are powerful and easy to adopt and scale.”

As part of the agreement, Century 21 Canada offices will receive exclusive pricing. Offices using third-party rent collection tools may also realize cost savings through Propra’s integrated rent collection features.

The partnership will roll out over the coming months.

The post Century 21 Canada announces property management platform partnership appeared first on REM.

The Century 21 agent said her local market is coming back to earth after a whirlwind few years, which started with a “huge boom” during COVID-19 as city dwellers exited in droves, seeking an escape a couple of hours outside of the city. 

That lasted until 2022, when interest rates began climbing from historic lows. 

“And then there was the inevitable crash. And I’ll call it a crash, but it was more of a reality check,” said Bradley.

“It was not a sustainable state of affairs.”

A return to the long-term trend

At the early 2022 peak, the median price in Muskoka and Simcoe County was nearly $1.4 million for waterfront residential and $900,000 for non-waterfront, according to OnePoint Association of Realtors (which has a new data reporting system since December 2024). 

Through to the end of 2024, prices steadily ticked downward and leveled out to where they would have been with typical year-over-year increases. 

“We started to see over the past couple of years some nice interest rate reductions,” said Bradley.

“So, there was this feeling of optimism that our markets are now going to start to climb again.”

Tariffs trigger uncertainty, stalling spring market optimism

Many sellers began 2025 feeling hopeful that a long-anticipated spring market was finally within reach, only to see that optimism stall amid uncertainty triggered by new U.S. tariffs. 

“Here I am in Collingwood and Blue Mountain—we’re very driven by skiing. We are a ski community, so our market historically has been a fall market, but we thought this year, this is it. We’ve had four or five interest rate reductions in a row. We’re going to see a spring market. And then we had the tariff.”

The shift in momentum was immediate.

“Essentially, the tariffs made everybody just put the brakes on, because there’s so much uncertainty now in the market—uncertainty from buyers’ perspective, not knowing whether their jobs are stable, or whether our prices are going to continue to erode,” she said. “We went from a period of extreme boom, to a bit of a letdown, to a feeling of optimism, to now again a bit of a disappointment.”

Setting seller expectations in a shifting market

Bradley is finding that setting clear and realistic expectations with sellers has become more crucial than ever.

“The biggest thing is having conversations with my clients that are rooted in reality,” said Bradley. 

She emphasizes that the market has fundamentally changed—gone are the days when a listing virtually guaranteed a quick sale.

“In this market, we have to be patient and strategic,” she said. “A listing won’t move just because it’s listed. It takes the right marketing and the right price.” 

According to Bradley, pricing is now more critical than ever, as buyers come armed with research and knowledge about neighbourhood trends and comparable sales.

“Buyers are savvy,” she said. “They know what properties are worth and are doing more due diligence than ever before.”

While demand may still be steady in some areas, she said that the path to a sale is no longer a straight line. “It’s about knowing your market, knowing your buyer, and being realistic about timelines,” she said.

From retirees to families: A changing buyer profile

The buyer profile in Blue Mountain and Collingwood is shifting, with a growing number of young families and second-home buyers joining what was once a retiree-dominated market. “We’re seeing a shift from primarily retirees to increasingly more families and younger individuals,” said Bradley.

While active retirees are still a part of the mix—often downsizing into condos or low-maintenance homes—there’s now a notable influx of executives who can afford a second property, and families eager to trade city life for something quieter and more connected.

Bradley had once made that decision for herself, trading a busy city lifestyle for a more peaceful and safe environment to raise her son. 

Blue Mountain’s four-season lifestyle attracts savvy investors

Long regarded as a premier winter destination for skiers, Blue Mountain is now gaining traction with investors drawn to its emerging four-season appeal. 

“Historically, this area was a draw for skiers, especially around Blue Mountain,” said Bradley. “But now, we have unbelievable beaches, golf courses, wineries, and a huge biking community.” 

The shift from a seasonal retreat to a year-round hotspot is creating new opportunities in the short-term rental market.

Where properties once sat vacant for much of the year outside ski season, investors are now seeing steady demand through spring, summer, and fall.

“It’s become truly four seasons,” she said. “Their properties don’t sit vacant for the other eight months of the year.” Visitors are coming not just to ski, but to enjoy hiking, mountain biking, beach days, and local wine tours. As a result, Blue Mountain is no longer just a winter playground—it’s an all-year destination with consistent returns across every season.

Courtney Zwicker

Courtney Zwicker is a digital reporter and associate editor for REM. Based in Atlantic Canada, she has over a decade of experience covering daily business news.

The post After a wild market run, Krista Bradley navigates a new normal in Southern Georgian Bay appeared first on REM.

Each month, REM shares brokerage expansions and conversions, leadership appointments and other key industry moves. Have an announcement to share? Email your news to editor@realestatemagazine.ca by the 26th of each month, and don’t forget to include a photo!

Leadership appointments

Parm Sidhu joins Re/Max Elite as broker of record

Re/Max Elite has appointed Parm Sidhu as its new broker of record and operations manager. With 18 years of experience in Alberta real estate, Sidhu will manage operations across all three Re/Max Elite offices in Edmonton, offering strategic direction and agent support.

Previously, Sidhu helped grow Alberta’s largest non-franchise brokerage, increasing its agent count from 50 to over 1,300 in six years. Her approach emphasized compliance, accountability, and development.

A Canadian Army veteran, she leads with structure and service. She has also served on the boards of the Alberta Real Estate Association and the Realtors Association of Edmonton.

“I’m excited to join Re/Max Elite and lead a brokerage that shares my values of professionalism, transparency, and excellence,” said Sidhu.

Retirements

Century 21 Canada broker Marg Bowlen retires after four decades of leadership

Marg Bowlen has stepped down as broker-owner of Century 21 Trident in Dartmouth, NS. after more than 40 years with the company. She began her career in 1980 as the office secretary when the brokerage first opened and became office manager in 1986. She was licensed the following year and became co-owner with Gary Chambers. In 1988, Bowlen became the broker.

Throughout her career, Bowlen focused on building strong operations and supporting agent growth. Under her leadership, the office developed a reputation for consistency and agent support. She worked closely with her leadership team, including longtime colleague Lisa Surette.

She also served with the provincial association for many years, offering input on real estate issues in the province. Outside of real estate, she supported several community programs, including youth hockey leagues, school breakfast programs, and Century 21 Canada’s national charitable partner, the Easter Seals Kids to Camp Program.

Surette, who worked alongside her for years, said, “She’s the kind of friend you always want in your corner… when the agents succeed, the company succeeds. And she has lived that truth every single day.”

Century 21 Trident will continue operations under its current team.

Business expansions

Century 21 Green Realty acquires Brampton-based Century 21 Empire Realty

Century 21 Green Realty has acquired Century 21 Empire Realty, a Brampton-based brokerage founded in 2017. The deal adds over 100 agents to the Century 21 Green Realty network and expands its operations in the Greater Toronto Area.

Century 21 Green Realty, led by broker of record Lakhvir Randhawa, now has offices in Mississauga, Brampton, and Milton. The brokerage offers weekly training, full-time admin and marketing support, and a structured leadership team.

“Our mission has always been to train, mentor, and elevate agents into industry leaders,” said Randhawa.

Agents from Century 21 Empire Realty will now have access to additional support systems and professional development resources.

“This isn’t just about growth in numbers, it’s about elevating the quality of service and leadership,” said Todd Shyiak, executive vice president of Century 21 Canada.

Century 21 Green Realty plans to continue expanding its services and training across the region.

Awards and accolades

Five Canadian agents named to “30 Under 30” list by Coldwell Banker

Five Coldwell Banker Canada agents have been named to the 2025 Coldwell Banker 30 Under 30 list, an international recognition awarded to top young professionals in the global Coldwell Banker network.

Selected from over 100,000 affiliated sales professionals in approximately 2,900 offices across 45 countries and territories, the honourees were chosen for their leadership, innovation, and service early in their careers.

The Canadian recipients are:

• Brody Reimer – Coldwell Banker Signature (Saskatoon, Sask.)

• Hunter Butts – Coldwell Banker Performance Realty (Amherst, N.S.)

• Stephen Jacyk – Coldwell Banker Park Avenue Real Estate (Beausejour, Man.)

• Jake Sherninin – Coldwell Banker Executives Realty (Castlegar, B.C.)

• Nathan Round – Coldwell Banker Northern Bestsellers (Yellowknife, N.W.T.)

“We couldn’t be prouder of these five Canadian agents and all they have accomplished,” said Karim Kennedy, CEO of Coldwell Banker Canada. “They reflect everything our brand stands for: entrepreneurial spirit, strong community roots, and a genuine commitment to helping people find their way home.”

The recognition highlights Coldwell Banker Canada’s growing national network and focus on supporting next-generation talent.

The post The Real Deal: Industry highlights for June 2025 appeared first on REM.

Goulart, who has more than 35 years of experience in the industry, made the move from Better Homes and Garden with his wife and business partner, Maria Goulart. The pair cited Century 21’s technology platform and brand reputation as key factors in their decision.

“When we were looking at making a change in Canada, we carefully evaluated all the top brands and Century 21 Canada stood out,” Goulart said. “The technology, the support, and the reputation of the brand align perfectly with our vision.”

Goulart has held various leadership roles throughout his career, including president of the Mississauga Real Estate Board, a broker-owner and in corporate management. 

Goulart says brokerage will focus on agent development, providing mentorship and support to help agents navigate the evolving real estate market. “Our agents have to be able to execute on those systems and then that’s where accountability enters the picture,” Goulart said. “We want them to know that we have an open-door policy, and we’re ready to answer any questions they have.”

Todd Shyiak, executive vice president of Century 21 Canada, welcomed the brokerage’s addition to the network. “Nelson and Maria’s vision for their agents aligns perfectly with what we hope to achieve with our brokers,” he said.

Goulart and his team will operate in the Mississauga market, where they aim to grow their brokerage and provide resources to help agents succeed in a shifting real estate landscape.

The post Nelson Goulart moves brokerage to Century 21 appeared first on REM.

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Connie Adair

Connie Adair is a contributing writer for REM.

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