Albert E. LePage established what has ultimately become the largest Canadian real estate brand. After Royal Trust acquired it in 1984, A.E. LePage changed its name to Royal LePage. Today it is part of Brookfield Real Estate Services, a network of more than 18,000 agent affiliates responsible for approximately 140,000 annual transactions totalling over $90 billion in annual sales.
A young and ambitious Michael Regan entered the real estate profession. Times were different back then: no cell phones, no Internet, just good old-fashioned hard work. With the Baby Boomers beginning to hit their financial stride, Michael began to build a business based on relationships.
Matthew joined Michael in the industry. Together they began to see the need for a client-centric approach to the business. By putting the needs of the client at the forefront, the needs of the business will be looked after.
A Team of incredibly talented and patient individuals was formed, from administration and management to sales people. They worked tirelessly to help propel and shape the company into what it is today.
Regan Real Estate was formed as the holding company for the trade name of Royal LePage Real Estate Services Regan Real Estate Inc., a sub-brokerage of Royal LePage Real Estate Services Inc. MRT (aka Matthew Regan Team and, as of 2018, The Regan Team) is the Team within the trade operating name. The Regan Team includes Sales Partners (the core of the company), top level management, business development, accounting, marketing, office staff and Sales and Accountability Partners (SAPs), a position unique to MRT.
2017 saw continued growth with 152 transactions representing $182,000,000 in sales volume. MRT achieved a national ranking of 9th out of 18,000 agents for Royal LePage, and 26th out of 34,000 agents on the Toronto Real Estate Board. The Team is second in market share in the City of Mississauga and continues advancement in the Oakville, Burlington and West Toronto market share.
2018 and Beyond
Regan Real Estate is poised for expansion and continued growth, with market share at the forefront of growth efforts. MRT provides its Sales Partners with 7,000 square feet of modern office space in two locations. Averaging 17% profit growth over the past 3 years, MRT Sales Partners have adopted and embraced a model that is good for business and great for the consumer.
The Tech Revolution is here. Real estate drives one-fifth of Canada’s annual gross domestic product and presents a huge opportunity for professional investors and primarily venture capital firms. The collision of maturing technology, changing demographics and an ever-stabilizing market drives billions of dollars into an industry ripe for innovation and change. The Regan Team understands and embraces change—we even look for it.