Royal Lepage brand #1 in Ottawa again!
The Royal Lepage brand accounted for more than 35% of all the transactions in the city¹ while the next closest competitor, Remax brand, had barely more than 19% market share for the same period¹.
Coldwell Banker had 16.4% market share¹ and Keller Williams had only 7.8%¹. The remaining brands, including Century 21, Sutton Group, Prudential, Exit, Minto and all others, did not meet the minimum 5% market share required to be ranked in the study¹.
It seems clear for 2006 that the Royal Lepage Brand is likely to retain the #1 position throughout the year.
¹ Based on OREB MLS data for the period covering January 2005 to October 2005 inclusive, based on total dollar volume of transactions. Brands refer to all independantly owned companies operating under the same franchise banner or title. The information is beleived to be accurate but is not warranted. E/OE
January 9, 2006 - A study, based on figures compiled using the Ottawa Real Estate Board's MLS system, found that Royal Lepage is the number one real estate brand in Ottawa, by far, conducting over 80% more business than the number 2 brand, Remax.
© Chris Hoare - 2006