Brookfield Real Estate Services Inc. (the “Company”) is a leading provider of services to residential real estate brokers and their agents across Canada. The Company generates cash flow from fixed and variable fees derived from a national network of more than 18,000 REALTORS®* operating under the Royal LePage brand name across Canada, under the Via Capitale Real Estate Network brand in Quebec and under the Johnston & Daniel banner in upscale neighborhoods across the Greater Toronto Area.
Approximately 72 per cent of Company revenue is based on fees that are fixed in nature, providing revenue stability and helping insulate cash flows from market fluctuations. The recurring fixed revenue structure combined with strong brands and a successful growth strategy position the Company to continue generating stable, long-term cash flows and paying growing dividends to shareholders.
Revenue streams are protected through long-term franchising agreements,
with royalties predominantly driven by fixed fees based on the number of agents
in the network, guarding the Company against market downturns.
Growth is produced both organically and through acquisition. Company offices
are diversified geographically across Canada, and within a trading area, across
culturally distinct markets.
The Company is listed on the TSX and trades under the symbol BRE. To learn more about the Company and its operations, please browse through this website.
* REALTORS® is a trademark identifying real estate licensees in Canada who are members of the Canadian Real Estate Association.