Merger News
RE/MAX Del Mar Realty Inc. joins forces with RE/MAX Escarpment Realty Inc. to create powerhouse real estate brokerage
Hamilton, ON (February 1, 2011) – Two of Hamilton‐Burlington’s most prominent real estate brokerages—RE/MAX Del Mar Realty Inc. and RE/MAX Escarpment Realty Inc.—have officially merged, effectively creating the largest realty firm in the area.
The combined company—operating under the RE/MAX Escarpment Realty Inc. banner—now captures over 35 per cent marketshare in the Hamilton‐Burlington region. Plans for further strategic expansion are in place, with the ultimate goal of reaching a 50 per cent marketshare (representing one in every two homes sold).
“Growth has always been an essential part of our mandate,” says Louis Zurini, who as a RE/MAX Pioneer, founded RE/MAX Del Mar as one of the original RE/MAX franchises in 1980. “It’s ensured our success as a market leader, through the delivery of high standard service to today’s real estate consumers.”
RE/MAX Escarpment Realty Inc. now represents a sales force of nearly 300 realtors—experienced and skilled professionals—working from six office locations, including Stoney Creek, East Hamilton, Central Mountain, West Hamilton, Ancaster and Burlington.
“Joining forces was an effective way to unite two successful companies whose leaders share a similar vision, while simultaneously increasing our presence within the region,” adds Conrad Zurini, Louis Zurini’s son and Broker of Record of the newly‐expanded RE/MAX Escarpment Realty Inc. “We’ve always been proud to set the standard and feel that this is a critical step in our evolution. We’re thrilled at the opportunity to operate under the RE/MAX Escarpment name and bring our teams together to offer each client a truly exceptional real estate experience.”
Zurini notes that RE/MAX Escarpment Realty Inc. will remain true to the principles of quality, integrity and service that have long been the cornerstone of the pioneering franchise (RE/MAX Del Mar), which has been family‐run since its inception. Zurini’s father and mother, Louis and Ann, and sister, Joey, will continue to play an integral role in the company. Tom Rendall and Ralph Schmidt will continue to guide the day‐to‐day operations and advise on professional and business development at RE/MAX Escarpment Realty Inc.
“This merger takes two very solid franchises—both long‐standing and respected fixtures in their community‐‐and combines them into one outstanding brokerage that will, without question, raise the bar and the profile of the RE/MAX brand throughout the region,” says Michael Polzler, Executive Vice President, RE/MAX Ontario‐Atlantic Canada. “Tom Rendall and Ralph Schmidt built a formidable business over the years and should be commended for their leadership. The revolutionary vision of the Zurini family and its adept team of managers will undoubtedly position the expanded RE/MAX Escarpment Realty for greater success in the years ahead.”
RE/MAX is Canada’s leading real estate organization with over 18,000 sales associates situated throughout its more than 690 independently‐owned and operated offices in Canada. The RE/MAX network, now in its 38th year, is a global real estate system operating in 80 countries, with over 6,300 independently‐owned offices and over 92,000 member sales associates. RE/MAX realtors lead the industry in professional designations, experience and production while providing real estate services in residential, commercial, referral, and asset management.
For more information, visit: www.remax.ca.