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Sutton Group Management Ltd. Acquires Sutton Group - West Coast Realty

Sutton 2022-10-17 67

About Sutton Realty

Sutton was founded in 1983 and subsequently altered the course of an entire industry on the principle that real estate was driven by highly personalized relationships between the REALTOR® and their customers. As such, the Sutton System was designed to put the REALTOR® - not the real estate company - at the center of each business transaction. It delivers consumer-driven services, cost-control and creative business freedom to independent Realtors® on the front lines of the industry.

Sutton was also the first real estate company to offer each of its 6,000 REALTORS® with a personal email and custom website at the industry-renowned 'sutton.com' address. This initiative positioned its REALTORS® as specialized information brokers, and empowered them to continue growing responsive relationships through a cohesive - and still personal - marketing strategy.

With the entrepreneurial capacity to service local markets and appeal to unique demands, Sutton REALTORS® enjoy the best personal net income opportunity in the industry. Their efforts consistently exceed $35 billion in real estate transactions annually.

With over 6,000 REALTORS® and 200 offices across Canada, there is always a Sutton REALTOR® nearby to serve you!

 

Map of Sutton offices in Canada

 

 

100% Canadian-owned and operated, BC real estate powerhouse Sutton Group Management Ltd., has acquired Sutton Group – West Coast Realty.

 

VANCOUVER, British Columbia — Sutton Group Management Ltd. (SGM) announced today the acquisition of Sutton Group – West Coast Realty. In addition to its recent acquisition, SGM also holds Sutton Group – 1st West and Sutton Centre Realty, making it the largest real estate powerhouse in British Columbia.

 

Celebrated and trusted by some of North America’s most sophisticated and innovative real estate developers, the three subsidiaries have built a reputation as Western Canada’s leading brokerages, securing the highest volume of sales and deals for residential and commercial real estate transactions combined in Greater Vancouver and the Fraser Valley. Reflective of 2021 data, SGM holds the #1 count of agents comprising over 1,500, of which 160 are medallion recipients.

Beginning his award-winning career as an agent for over 19 years, Michael Lam, President and Chief Executive Officer of Sutton Group Management Ltd., has been able to achieve great success in Canada’s real estate industry.

 

Sutton Group – 1st West Realty, which Lam purchased in 2018, has consecutively held the title as #1 brokerage within the Sutton Group umbrella in relation to agent and revenue growth. The brokerage specializes in exclusive presale programming, setting the stage for an even bigger achievement with this recent acquisition.

 

Lam’s focus has always been on building dynamic, forward-thinking brokerages by integrating sophisticated platforms, resources, training, and industry-specific tools, pushing the boundaries of residential and commercial trading. This pursuit of excellence will be reflected in the recent acquisitions of Sutton Group – West Coast Realty and Sutton Centre Realty.

 

SGM plans to continue to provide its agents with access to exclusive inventory and unparalleled real estate offerings. This rare and privileged access to some of British Columbia’s most elite presale projects provides agents with priority information, purchasing opportunities, and client incentives derived from solid connections and track record. These long-standing relationships remain a priority and will undoubtedly be strengthened further for Sutton Group – West Coast Realty with this acquisition.

 

“The real estate market shifts continuously, and so do the needs of our consumers. We are committed to adapting to these changes by providing our agents and their clients with the most cutting edge tools programmed to suit their needs,” Lam shares. “As the largest powerhouse in town, we are looking forward to collaborating with industry partners to offer even more home choices to our agents and their clients, assisting them in making the best possible decision.”

 

Our leadership team [Chief Strategy Officer Kelly Mo and Chief Operating Officer Surp Rai] have spent a considerable amount of time determining the best direction for all companies, taking into consideration our employees, our agents, and their clients, Lam shares. Sutton Group – 1st West Realty, Sutton Group – West Coast Realty, and Sutton Centre Realty are all successful, recognized brokerages that offer well-rounded services and extraordinary exposure to potential buyers, sellers, and landlords with over 20 locations collectively. With the acquisition, we wanted to ensure we continue to build upon their achieved successes, and enhance their offerings.”

 

 

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