Global luxury real estate brokerage The Agency announced the opening of its latest franchise – they’re saying bonjour to Montreal.
The Agency’s Montreal location will be the brokerage’s 28th franchise and it will join its other locations throughout Canada, including offices in Toronto, Victoria, Oakville, Calgary, Kitchener-Waterloo, Cowichan, and Vancouver.
“Our new franchise in Montreal is a true testament to the supreme interest and demand we’re experiencing throughout Canada for a brand like The Agency,” Jim Ramsay, the executive vice president of franchise sales at The Agency, said in a statement.
The California-based brokerage currently has more than 850 agents in 50 offices across the U.S., Canada, Mexico, the Caribbean and Europe.
In the past year, The Agency has rapidly expanded its footprint, opening new franchise in Downtown Toronto, Canada, New Canaan, Connecticut, North Shore-New York, Calgary, Canada, Vancouver, Canada, Boston, Massachusetts, Maui, Hawaii, Las Vegas, Nevada, and Denver, Colorado, in addition to new corporate office locations in Studio City and Pacific Palisades, California.
The new Montreal office will be led by managing partner John Faratro.
Faratro has more than 30 years of experience in the real estate industry. He specializes in residential developments and condos in and around Montreal, and he currently serves as President of Struktur Real Estate Developments and CEO and President of SVN Montreal Commercial Real Estate Agency. In addition, he has participated in more than $150 million worth of development projects and major commercial real estate transactions throughout the city.
The Agency, founded by CEO Mauricio Umansky, recently picked up the Chernov Team at its Sherman Oaks, California location. Dennis Chernov’s team departed from Keller Williams Studio City.