Posted by Liliya Apostolova on Fri, 05/26/2006 - 11:09 |

Coquitlam, BC - On Monday, May 15 this year, Sutton Group - Priority Realty in Burnaby and Sutton Group - West Coast Realty in Coquitlam announced their immediate merger. The new office will become the fifth leading Sutton office in BC in terms of dollar volume and will accommodate 180 Realtors.

"The merger of Sutton Group - Priority and Sutton Group - West Coast is a very positive one and aligns perfectly with our corporate vision. Our growth as a company allows us to offer more resources and greater opportunities for our Realtors in terms of in-house development of services and training programs", comments Merrily Hackett, Broker of Sutton Group - West Coast Realty. She adds further, "By creating a larger office, we not only have more recognition in the market place, greater market share and more powerful statistics, but also an environment that fosters Realtor productivity and success".

Her remarks closely reflect these of Grant Murray, Broker of Sutton Group - Priority Realty. "This merger is economically viable and the newly formed office will realize great economies of scale. The obvious benefits include lower fee structure and ability to maintain full-time management focusing solely on Realtor needs and providing strong in-house training and coaching for new Realtors. The merged office will be one of the most productive offices in terms of dollar volume. Merrily, being one of the best recruiters in the system, will continue to fuel growth for the new office of 180 Realtors", says Murray.

Realtors in the newly formed office will have better access to continuous coaching and managers who are committed to excellent service. This will translate to a more efficient and productive office and naturally attract more Realtors to join. "The merger of Sutton Group - Priority Realty and Sutton Group - West Coast Realty, two very successful offices, will create a highly synergistic relationship that will further benefit the Realtors and the public. I am proud to see two industry veterans, with the stature of Merrily Hackett and Grant Murray, bring their strong offices together. This marks the beginning of the fifth largest Sutton office in BC, continuing to facilitate growth and success", shares Scott Shaw, President of Sutton Group Realty Services Ltd.

The Realtors will be operating out of the Coquitlam location since it can accommodate the newly grown office. Sutton is a 100% Canadian-owned and operated company with more than 8,300 salespeople in 195 offices nationwide. To find out more about Sutton salespeople or Sutton Spirit, visit www.suttonspirit.com.

-30-

Sutton Group Realty Services Contacts:

 Liliya Apostolova  604.691.1650 spirit@sutton.com
 Merrily Hackett    604.415.9800 mhackett@sutton.com
 Grant Murray    604.522.3800 gmurray@sutton.com


AttachmentSize
108_merger.pdf17.4 KB