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Overview
Bridgemarq Real Estate Services Inc. is a publicly traded real estate services company that operates in Canada and the United States. The company was formed in 2018 through the merger of two leading Canadian real estate services companies, Brookfield Real Estate Services Inc. and Bridgemarq Real Estate Services LP. The companyβs primary business is franchising real estate brokerage services under the Royal LePage, Via Capitale Real Estate Network, and Johnston & Daniel brands. As of 2021, Bridgemarq Real Estate Services Inc. has over 18,000 real estate agents and brokers in its network. The companyβs head office is located in Toronto, Canada, and it is currently led by its President and CEO, Phil Soper, who has more than 20 years of experience in the real estate industry. Bridgemarq Real Estate Services Inc. is listed on the Toronto Stock Exchange under the ticker symbol βBREβ and is a component of the S&P/TSX Composite Index. History Bridgemarq Real Estate Services Inc. was formed in 2018 through the merger of two leading Canadian real estate services companies, Brookfield Real Estate Services Inc. and Bridgemarq Real Estate Services LP. Brookfield Real Estate Services Inc. was previously known as Royal LePage Real Estate Services Ltd. and was founded in 1913. In 1985, Brookfield Asset Management acquired the company and renamed it Brookfield Real Estate Services Inc. Bridgemarq Real Estate Services LP was founded in 2006 and operated under the name Realogy Canada Ltd. until 2013 when it was renamed to Bridgemarq Real Estate Services LP. In 2018, the two companies merged to form Bridgemarq Real Estate Services Inc., which became the largest owner and operator of real estate brokerage services in Canada. Services Bridgemarq Real Estate Services Inc. provides a range of real estate brokerage services through its franchise brands, Royal LePage, Via Capitale Real Estate Network, and Johnston & Daniel. These services include buying and selling of residential and commercial properties, relocation services, property management, and mortgage brokerage. The company also offers training, technology, marketing, advertising, and other services to its franchisees. In addition, Bridgemarq Real Estate Services Inc. provides a suite of services for real estate agents and brokers, including access to a national referral network, professional development programs, and discounted products and services. Corporate Social Responsibility Bridgemarq Real Estate Services Inc. has a strong commitment to corporate social responsibility and is actively involved in supporting various charities and community initiatives across Canada. The companyβs philanthropic efforts are focused on improving the lives of youth, families, and individuals in need within the communities it serves. Bridgemarq Real Estate Services Inc. also has a partnership with the Royal LePage Shelter Foundation, which aims to support women and children escaping domestic violence and rebuilding their lives. The company encourages its franchisees and agents to participate in volunteer activities and fundraising events to support these charitable causes. Conclusion Bridgemarq Real Estate Services Inc. is a leading real estate services company in Canada, with a strong presence in the United States. The companyβs history, range of services, and commitment to corporate social responsibility make it a reputable and reliable choice for individuals and businesses seeking real estate brokerage services.
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