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$1.1B Residing Realty Associates With Keller Williams In Toronto, Canada

by Index Investing News
January 22, 2025
in Property
Reading Time: 3 mins read
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With 550 brokers and 35 workers members anticipated to transition to Keller Williams in March, the partnership will clinch Residing Realty as KW’s largest market middle in Canada by agent depend.

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Markham, Ontario-based Residing Realty, an unbiased 550-agent group, is affiliating with Keller Williams, clinching it because the Texas-based firm’s largest Canadian market middle, the brokerage introduced Monday.

A subsidiary of Residing Group of Firms, Residing Realty has generated greater than $1.1 billion in gross sales since 2023. The brokerage attributes its success to a robust give attention to agent coaching, distinctive shopper service and mentorship.

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William E. Soteroff

“We’re thrilled to welcome Residing Realty to our KW household,” Keller Williams Worldwide President William Soteroff stated in an announcement. “Their long-standing fame for excellence, mixed with their unwavering dedication to agent success and shopper satisfaction, aligns completely with our highly effective tradition and mission to empower entrepreneurs to thrive.”

Efficient March 3, 2025, Residing Realty will formally turn into KW Residing Realty, working from its head workplace at 8 Steelcase Rd W, Markham, Ontario, together with 5 extra department workplaces throughout the Higher Toronto space.

Residing Realty at present serves key markets from downtown Toronto to Markham, Newmarket to Mississauga and Pickering to Kitchener-Waterloo.

All 550 brokers and 35 workers members are anticipated to transition to KW.

David Wong will function group chief at KW Residing Realty market middle. Beforehand, he served as vice chairman of Residing Realty. Kelvin Wong will tackle the position working principal of KW Residing Realty. He has served as Residing Realty’s dealer of report since 2016.

After 45 years as an unbiased brokerage, Residing Realty partnered with KW to raise its providers and assist for each purchasers and brokers. Particularly, the brokerage will leverage KW’s coaching, expertise and world networking alternatives, executives stated.

Ben Wong

“Keller Williams aligns properly with our enterprise philosophy and tradition,” Ben Wong, an govt vice chairman and chief authorized officer with Residing Group of Firms, added. “We felt it solely made sense to hitch forces to broaden our presence and enhance market share.”

E-mail Richelle Hammiel





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Tags: 1.1BAffiliatesCanadaKellerlivingRealtyTorontoWilliams
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