Housing Services 

Franchise Opportunities

Trends and Facts About Real Estate Franchises

The Canadian real estate industry consists mostly of micro to medium-sized businesses. of the 71,647 real estate businesses in Canada active in 2015, 99.5% of those had 99 and fewer employees.

The real estate industry in Canada is well established. The first real estate board was set up in 1888, in the growing area of Vancouver. In 1943, the Canadian Association of Real Estate Boards (CAREB) was established. Since 1986, the association has become known as the Canadian Real Estate Association (CREA).

Affiliating a smaller real estate firm with a larger franchise organization offers these advantages:

  • Proven track record of success for the Franchisor company

  • Brand name recognition

  • Training in current best practices and technology

  • Operational support

  • Marketing and advertising support

  • Group purchasing power

  • Partnerships with related vendors, such as home inspectors, mortgage lenders etc.

  • Decreased risk For those whose dream is to work in the real estate industry, but who are concerned about the current downturn, a franchise operation could be the best way to own your own real estate business.