What Is Royal LePage Real Estate?


Quick Answer

Royal LePage Real Estate is a real estate agency based in Canada. The company was founded in 1913 and has locations throughout the country. As of March 2015, Royal LePage Real Estate has over 16,000 real estate agents focused on both buying and selling property.

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Full Answer

A. E. LePage is credited as the founder of Royal LePage Real Estate. LePage started in the real estate business by branding himself as The Bungalo Specialist in July 1913 before expanding to the construction business in 1918. He is also credited with being a founding member of the Toronto Real Estate Board. Royal LePage Real Estate became a publicly traded company in 1987 and began offering franchise opportunities in 1994. In 1995, the company became the first real estate agency in Canada to offer an online real estate portal.

Royal LePage also offers a luxury property service called Carrigate Trade. Carriage Trade is an exclusive service that provides representation for the most prestigious homes in Canada. These homes are marketed to buyers around the world, and each home must meet specific requirements to be a part of the Carriage Trade program. These requirements include the value of the property, if the property has any noteworthy history, any unique features and amenities that the property offers and the prestige of the neighborhood the property is located in.

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