Groupe Sutton – Quebec, through its subsidiary, Groupe Reprise Quebec, was named the exclusive Quebec resale provider of Canada Mortgage and Housing Corp. (CMHC) foreclosures ranging from one to six units.
Following a CMHC call for tenders, the company won a two-year real estate brokerage service contract, which includes two one-year renewal options.
“We have won this mandate as a result of our ability to meet the CMHC’s requirements, while delivering the best quality/price ratio on the services we offer. The decision was also based on our ability to offer a financial guarantee to ensure our commitment throughout the term of the contract,” says Julie Gaucher, partner, vice president and chief of operations for Groupe Sutton – Quebec.
For almost 15 years, the company has handled resale foreclosures from both National Bank and the Canadian Imperial Bank of Commerce. It says it has a success rate above 86 per cent, with almost 80 per cent of the sales generated by Sutton brokers.
Groupe Sutton – Quebec has 68 offices in Quebec and Ottawa and more than 2,000 brokers.