The Company is a leading provider of services to residential real estate REALTORS®¹. It generates cash flow from franchise royalties and service fees derived from a national network of real estate brokers and agents in Canada operating under the Royal LePage, Via Capitale and Johnston & Daniel brand names.
At January 1, 2011, the Company Network was comprised of 15,555 REALTORS®. The Company Network has an approximate 23% share of the Canadian residential resale real estate market based on transactional dollar volume. The Company is listed on the TSX and trades under the symbol "BRE".
¹REALTORS® is a trademark identifying real estate licensees in Canada who are members of the Canadian Real Estate Association.
For more information, visit www.brookfieldresinc.com.
Royal LePage Predicts Further Home Price Appreciation Contrary to Recent Talk of Decline (January 12, 2012)