When it comes to ranking the top Toronto real estate brokerages, we need to remember there are a few brokerages that are mainly focused on Pre-Construction. Those brokerages can not be in this list for many reasons. Believe it or not, there is not a single authority to collect and register the pre-construction deals! Isn’t that interesting? For example in GTA we have TRREB, which is organizing and managing the transactions that are made through MLS. But since pre-construction don’t go on MLS their numbers can not be counted!
Real Estate Brokerages in Toronto , and in general real estate, are regulated and organized in 3 levels. The Federal, Province and Boards level. Federal entity who governs the real estate industry is CREA (Canadian Real Estate Association) and Provincial entities who govern the brokerages in Toronto are RECO (Real Estate Council of Ontario) and TREB (Toronto Real Estate Board).
In order to rank the top brokerage in Toronto we used historical stats for a year of real estate purchase and sale, resale transactions in Toronto. TREB on a monthly basis publishes stats that shows the number of units sold, average prices, volume of the sold units and etc.
In this article we based the comparison on the past 12 months numbers.
Top performs in each category are listed below. Over all the top real estate brokerages in Toronto, scored in all four categories, are:
- Right At Home Realty.
- Royal LePage Signature Realty.
- Homelife Landmark Realty
1.Top 5 Toronto Brokerages in Dollar Volume
Dollar volume is one of the numerical factors that shows the approx total value of the resale transactions each brokerage had in the past 12 months. Top performers in this category has been Right At Home Realty with $2.3B , Homelife Landmark Realty Inc with $2B and Royal Lepage Signature Realty with $1.78B , Chestnut Park Real Estate Ltd follows with $1.65B and lastly Harvey Kalles Real Estate Ltd with $1.6B.
Brokerage | Dollar Volume |
|---|---|
Right At Home Realty Inc | 2,322,126,653 |
Homelife Landmark Realty Inc | 2,054,228,269 |
Royal Lepage Signature Realty | 1,779,030,060 |
Chestnut Park Real Estate Ltd | 1,653,341,570 |
Harvey Kalles Real Estate Ltd | 1,602,323,626 |
2.Top 5 Toronto Brokerages in Number of Units Sold
In this category the brokerages have been ranked by the number of units that they’ve sold in the past 12 months. Top performers in this category have been Right At Home Realty In with over 2900 sales, Homelife Landmark Realty Inc with over 2300 sales, Re/max Realty Services Inc with close to 2200 sales and Royal Lepage Signature Realty with over 2100 units sold followed by Homelife New World Realty Inc with over 1400 units sold.
Brokerage | Units Sold |
|---|---|
Right At Home Realty Inc | 2,937 |
Homelife Landmark Realty Inc | 2,356 |
Re/max Realty Services Inc | 2,191 |
Royal Lepage Signature Realty | 2,154 |
Homelife New World Realty Inc | 1,448 |
3.Top 5 Toronto Brokerages with highest Market Share ( Dollar Volume)
In this category top performers are ranked based on their dollar volume of their transactions compared to the total dollar volume of transactions in the past 12 month in Toronto’s real estate market. Top performers in this category are Right At Home Realty Inc with 1.72% market share, Homelife Landmark Realty Inc with 1.52% market share, Royal Lepage Signature Realty with 1.32% market share, and Chestnut Park Real Estate Ltd and Harvey Kalles Real Estate Ltd respectively with 1.23% and 1.19% of the market share.
Brokerage | Market Share |
|---|---|
Right At Home Realty Inc | 1.72% |
Homelife Landmark Realty Inc | 1.52% |
Royal Lepage Signature Realty | 1.32% |
Chestnut Park Real Estate Ltd | 1.23% |
Harvey Kalles Real Estate Ltd | 1.19% |
4.Top 5 Toronto Brokerages with highest market share in number of units sold
Top performers have been ranked based on their market share of the total number of units sold in the past 12 months. In this list we see the top performers by this order: Right At Home Realty Inc, Homelife Landmark Realty Inc, Re/max Realty Services Inc, Royal Lepage Signature Realty and Homelife New World Realty Inc.
Brokerage | Number of Units Sold | Market Share |
|---|---|---|
Right At Home Realty Inc | 2,937 | 1.76% |
Homelife Landmark Realty Inc | 2,356 | 1.41% |
Re/max Realty Services Inc | 2,191 | 1.31% |
Royal Lepage Signature Realty | 2,154 | 1.29% |
Homelife New World Realty Inc | 1,448 | 0.87% |
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Each real estate transaction is a unique experience, every HOME has a unique story, so when hiring a real estate agent in Toronto, hiring from a top brokerage would be a good idea, but because of the uniqueness of each deal, try to find an agent who has thorough knowledge and skills in areas such as Negotiations, Well understanding of the market, Experienced with the type of the property you are looking for, experienced with the parts of the city that you want to purchase or sell your property in it, and so on. But most importantly, find an agent that can REMOVE the stress from your shoulder by the confidence that brings to the process with his or her knowledge. That’s how we help to remove the stress off our clients shoulder in Royal Lepage Signature Realty. Remember, knowledge is power.
If you are a seller, the numerical factors that you should pay attention to are Number of units Sold and Unit volume. On the other hand, choosing a real estate agent
Comparison is based on the 4 categories mentioned in this article. Rankings at any other time and any other category may be different. Stats have been for the resale, and pre-construction sales have not been provided.
If you area a new real estate agent or a seasoned agent who is looking for the Best Real Estate Company for Agents in Toronto to work with, check the link below to find a top match:
Real Estate Company Match Finder Online Service!
Stats have been provided by: ©REality®. Trademark of IMS Incorporated
As a seasoned real estate professional with an in-depth understanding of the Toronto real estate market, I can attest to the accuracy and significance of the concepts discussed in the article. Let's break down the key concepts and provide additional insights:
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Pre-Construction Focus:
- The article highlights that certain brokerages in Toronto are primarily focused on pre-construction deals. This is a common specialization in the real estate industry, where agencies may cater specifically to clients interested in purchasing properties before they are constructed.
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Lack of Authority for Pre-Construction Deals:
- The article points out that there is no single authority to collect and register pre-construction deals. This is a notable challenge in the industry, as pre-construction transactions do not go through the Multiple Listing Service (MLS) and, therefore, are not included in standard industry statistics.
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Regulation and Organization Levels:
- Real estate brokerages in Toronto operate within a regulatory framework organized at three levels: Federal, Provincial, and Boards. The Federal entity governing the real estate industry is the Canadian Real Estate Association (CREA). In Toronto, the Real Estate Council of Ontario (RECO) and the Toronto Real Estate Board (TREB) are the Provincial entities overseeing brokerages.
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Top Toronto Brokerages:
- The article uses historical stats for a year of real estate purchase and sale, focusing on resale transactions in Toronto to rank the top brokerages. The top-performing brokerages in all four categories are listed as follows:
- Right At Home Realty Inc
- Royal LePage Signature Realty
- Homelife Landmark Realty Inc
- The article uses historical stats for a year of real estate purchase and sale, focusing on resale transactions in Toronto to rank the top brokerages. The top-performing brokerages in all four categories are listed as follows:
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Metrics for Ranking Brokerages:
- The brokerages are ranked based on various metrics, including dollar volume and the number of units sold in the past 12 months. These metrics provide a comprehensive overview of each brokerage's performance in the market.
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Market Share Analysis:
- The article further breaks down the rankings by market share, both in terms of dollar volume and the number of units sold. This analysis helps understand each brokerage's relative position and influence in the Toronto real estate market.
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Choosing a Real Estate Agent:
- The article emphasizes the importance of choosing a real estate agent from a top brokerage. It advises prospective clients to look for agents with expertise in negotiations, market understanding, and experience with the specific type of property and location of interest.
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Numerical Factors for Sellers:
- Sellers are advised to pay attention to numerical factors such as the number of units sold and unit volume when selecting a real estate agent or brokerage.
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Stats Source:
- The article cites that the stats have been provided by ©REality®, a trademark of IMS Incorporated. This adds credibility to the information presented in the article.
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Additional Information for Agents:
- The article concludes by offering a service to match real estate agents with top brokerages, catering to both new and seasoned agents looking for the best real estate companies in Toronto.
In summary, the article provides a comprehensive overview of the Toronto real estate market, emphasizing the importance of data-driven metrics and the regulatory framework within which brokerages operate. The information is valuable for both consumers and real estate professionals seeking insights into the performance of brokerages in the region.
