Royal LePage has been a provider of real estate services since 1913. Our name is recognized Canada-wide as a leader in the industries in which we operate. The Company has emerged from a three year restructuring program with a strong balance sheet and innovative programs. It all started in 1913 with a man named Albert E. LePage, a Canadian 
Albert LePage revolutionized the real estate industry in the country by being the first agent in Toronto to turn buying and selling homes into an accessible and professional enterprise. He actively sought clients through follow-up inquiries, took buyers from house to house by car and used descriptive ads in newspapers -- all industry standards today. He was also instrumental in establishing the Toronto  Real Estate Board which helped raise the standards of the industry. By the time he retired in 1953, Mr. LePage had moved the company beyond the residential market and into home building and the subdivision and sale of estates. Albert E. LePage began with a vision of what a company with his name on the door (and the words 'For Sale' on a sign) should represent: impeccable professionalism, principled conduct and the highest moral and ethical standards. Today, more than 80 years later, these principles still guide us in everything we do. Here, at a glance, is how we got where we are today: - 1955 - 1960 commercial division developed
- By 1967, A.E. LePage had expanded beyond Toronto and by 1970, beyond Ontario through a series of mergers and acquisitions
- A series of purchases from 1970 to 1976 gave LePage a residential brokerage presence from British Columbia to Quebec
- In 1974, the company moved into real estate development with the incorporation of
Canlea Ltd. - In 1984, A.E. LePage and Royal Trust merged their real estate brokerage and fee business, naming the new company Royal LePage
- In 1987 Royal LePage became a 54% owned division within the Trilon Financial Group
- Today we are a privately owned company.
About our Future  Royal LePage is Canada’s fastest growing real estate franchisor with over 8000 sales representatives and staff in more than 550 offices from coast-to-coast. Recognized as a North American industry leader in technology, Royal LePage is committed to providing its sales force with the tools and training they require to meet the needs of a changing consumer. As our industry continues to change, our commitment to our leadership role and investment in this future grows, and with it the success of our people.
Royal LePage History (Summary) The early years 1913 – Albert LePage founds A.E. LePage, and is the first REALTOR® in Canada to make a full-time business of selling homes. His staunch belief in personal service and commitment to innovation will transform the way real estate is sold. 1920 – Albert LePage helps establish the Toronto Real Estate Board to set professional standards in the industry. 1922 – Albert LePage helps found the Ontario Real Estate Association to organize real estate activities across the province, promote higher industry standards, protect the public from unscrupulous salespeople, and preserve property rights. 1940 – Albert LePage creates one of Toronto's first subdivisions, dividing Lady Eaton's Ardwold Gate Estate (near Toronto's historic Casa Loma) into 30 lots. 1953 – Albert LePage retires, selling 80% of the company to his nephew, Jim Collett, and to his colleagues Brian McGee and Ron Sanderson. Growth and expansion 1957 – President Gordon Gray orchestrates one of the most complex real estate deals to date, assembling land for the construction of the $125 million Toronto Dominion Centre. Buoyed by its success, A.E. LePage expands strongly into commercial real estate (operating today as Cushman & Wakefield LePage). 1964 – A.E. LePage offers a new service to help companies across Canada with employee relocations. (The service now operates under Royal LePage Relocation Services.)
The 1970s – A.E. LePage becomes a national real estate company, acquiring smaller companies across Canada and adding new services. It launches its first national advertising program, the Carriage Trade luxury properties program, the Town and Country Catalogue, and the quarterly Survey of Canadian House Prices. The company enters the United States marketplace with the acquisition of 20% of Coldwell Banker. 1984 – A.E. LePage merges with the real estate arm of Royal Trust to form Royal LePage, making it the largest real estate brokerage company in the country. 1987 – Royal LePage becomes a publicly traded company with the majority owner, Trilon Financial Corporation, holding 54% of the stock. 1994 – Royal LePage offers a franchise system, and rapidly grows its network by attracting leading independent brokerages and those from competing brands, including Johnston & Daniel. 1995 – Royal LePage launches www.royallepage.ca, "Canada's Real Estate Portal," which is one of the most popular real estate sites on the Internet. 1997 – Royal LePage further expands its network across Canada by acquiring Realty World Services, a national network of over 2,500 Realtors®. 1998 – Royal LePage launches the Shelter Foundation, providing financial support to local shelters and offering education on violence prevention.
1999 – Royal LePage becomes a wholly owned subsidiary of Brascan Corporation. 2003 – The Royal LePage Franchise Services Fund is listed on the TSE. Royal LePage acquires Groupe Trans-Action, a Quebec realty firm with over 80 offices. 2006 – Our network climbed to over 12,000 REALTORS®. More and more franchisees and Realtors® joined the network through out the year. 2007 – The Royal LePage network has surpassed 13,000 Realtors® this year. Our brand, product offerings and training vehicles are attracting new offices and Realtors in record numbers.
2008 - Royal LePage celebrates 95 years since founder Albert LePage started a business on the guiding principles of customer service and innovation. Today, Royal LePage is Canada’s oldest and largest real estate company. |