Coast Realty Group has been purchased by Royal LePage Real Estate Services.

Coast Realty Group has been purchased by Royal LePage Real Estate Services.

Royal LePage real estate company acquires competitor Coast Realty

NANAIMO – Takeover is part of Royal LePage aggressive expansion in B.C. real estate markets over past year.

Expect to see Coast Realty Groups signs to come down from real estate offices.

Royal LePage Real Estate Services announced Tuesday it acquired Coast Realty Group brokerage and property management business on Vancouver Island.

Coast Realty will, effective immediately, begin operating under the Royal LePage banner. In Nanaimo the company will operate under Royal LePage Nanaimo Realty.

Barry Clark, broker owner of Royal LePage Nanaimo Realty with Travis Carmichael, will merge the brokerage with Coast Realty Group offices in Nanaimo, Ladysmith and Gabriola Island.

Clark said it’s a positive move and will double the number of realtors, to 80 from 40, under Royal LePage Nanaimo Realty.

The merger also triples the company’s regional market share.

“Nanaimo Realty’s been in business 68 years and Royal LePage has been in business 100 years,” Clark said. “It’s a good Canadian company and it’s very aggressive. The franchise is the fastest-growing franchise in Canada. We’re proud to be a part of it and moving forward.”

Phil Soper, Royal LePage president and CEO, said, in a press release, the company has made growth in British Columbia a strategic priority over the past year, adding 600 realtors through B.C. acquisitions. The Coast Realty deal adds 150 realtors on the Island and in Powell River.

Royal LePage was formed in 1913 and has 600 offices and more than 16,000 real estate professionals across Canada.

Coast Realty Group was established in 1984 and operated from nine offices on the Island and one in Powell River.

For more information, please visit www.royallepage.ca.

Just Posted

Graeme Roberts, who was mayor of Nanaimo from 1984-86, died this month at age 89. (Photo courtesy Nanaimo Community Archives)
City of Nanaimo flags at half-mast as former mayor Graeme Roberts dies at 89

‘Giant-killer’ beat out Frank Ney in mayoral election in 1984

Curl B.C. chairperson Teri Palynchuk is this year’s winner of the Janette Robbins Award for leadership. Palynchuk is pictured here with the Curling Canada Foundation Cup along with past chairperson Peter Muir, left, and Curl B.C. CEO Scott Braley. (Photo courtesy Curl B.C.)
Nanaimo curling exec wins Curl B.C. leadership award

Teri Palynchuk receives Janette Robbins Award

(Black Press file photo)
RCMP: Air ambulance called to Whiskey Creek after crash involving 2 motorbikes

Both riders taken to hospital with serious injuries

Vancouver courthouse. (Photo: Tom Zytaruk)
Man loses bid to appeal conviction for 1999 rape at Abbotsford music festival

James Redden, 53, formerly of Nanaimo, was found guilty in 2019 following six-day trial

Nanaimo author B.S. Thompson has released his debut novel, ‘The Book of Nodd.’ (Photo courtesy Nora Funk)
Nanaimo author invites readers into dangerous world of dreams in debut novel

B.S. Thompson unveils ‘The Book of Nodd’ with online launch June 20

People watch a car burn during a riot following game 7 of the NHL Stanley Cup final in downtown Vancouver, B.C., in this June 15, 2011 photo. THE CANADIAN PRESS/Geoff Howe
10 years ago: Where were you during the 2011 Vancouver Stanley Cup Riots?

Smashed-in storefronts, looting, garbage can fires and overturned cars some of the damage remembered today

A worker, at left, tends to a customer at a cosmetics shop amid the COVID-19 pandemic Thursday, May 20, 2021, in Los Angeles. (AP Photo/Marcio Jose Sanchez)
Half of cosmetics sold in Canada, U.S. contain toxic chemicals: study

Researchers tested more than 230 commonly used cosmetics and found that 56% of foundations and eye products, 48% of lip products and 47% of mascaras contained high levels of fluorine

White Rock’s Marine Drive has been converted to one-way traffic to allow more patio space for waterfront restaurants. (Peace Arch News)
Province promotes permanent pub patios in B.C. post-pandemic plan

More than 2,000 temporary expansions from COVID-19 rules

Annamie Paul, leader of the Green Party of Canada, speaks at a news conference on Parliament Hill in Ottawa, on June 10, 2021. THE CANADIAN PRESS/Justin Tang
Green Leader Annamie Paul facing no-confidence motion from party brass

move follows months of internal strife and the defection of MP Jenica Atwin to the Liberals

Potters Virginia Dunseith and Ruth Porter present their joint exhibit ‘Dig It’ at Art 10 Gallery until the end of June. (Josef Jacobson/News Bulletin)
Potters show pieces for home and garden at Nanaimo’s Art 10 Gallery

Virginia Dunseith and Ruth Porter’s show ‘Dig It’ on display until end of June

Emergency crews on scene of a two-car crash at the intersection of Cranberry Avenue and the Trans-Canada Highway on Sunday, June 13. (Greg Sakaki/News Bulletin)
Crash blocks Cranberry intersection in Nanaimo, no one injured

Incident blocks both southbound lanes of Trans-Canada Highway

Lake City Secondary School Williams Lake campus students Ethan Reid, from left, Brenden Higgins, Ty Oviatt, Kaleb Alphonse, Nathan Kendrick and Landon Brink with RCMP officers Const. Nicoll and Const. Stancec. (Photo submitted)
RCMP thank 6 teens for helping prevent forest fire in Williams Lake

The students came across fire in a wooded area and used the water they had to try and extinguish the flames

There is an emergency shelter near the Golden Ears peaks. (Facebook/Special to The News)
Hiker fogged in on Golden Ears, spends 2 nights

Talon Helicopters, Ridge Meadows Search and Rescue bring him home Monday

Most Read