Sutton Quebec

Sutton Quebec

January 11, 2016 08:57 ET

Groupe Sutton - Quebec Becomes the Real Estate Network Responsible for the CMHC's Resale Mortgage Foreclosures in Quebec

MONTREAL, QUEBEC--(Marketwired - Jan. 11, 2016) - As of February 1, 2016, groupe sutton - quebec will become the exclusive Quebec resale provider of Canada Mortgage and Housing Corporation (CMHC) foreclosures ranging from one to six units through its subsidiary, Groupe Reprise Quebec.

Following a CMHC call for tenders, groupe sutton - quebec, via its subsidiary Groupe Reprise Quebec, won a two year real estate brokerage service contract which includes two one-year renewal options with the CMHC.

"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. This confirms our company's excellent position in a very competitive market," explains Ms. Julie Gaucher, Partner, Vice President and Chief of Operations of groupe sutton - quebec.

It is worth noting that Sutton (Quebec), Real Estate Services Inc., through its Groupe Reprise Quebec subsidiary, has already worked for nearly 15 years on a significant part of resale foreclosures from both National Bank and the Canadian Imperial Bank of Commerce (CIBC), boasting a success rate above 86% with almost 80% of the sales generated by Sutton brokers.

About groupe sutton - quebec

Created more then 20 years ago, today groupe sutton - quebec is classed among real estate industry leaders across Quebec. Spread across 68 service outlets in Quebec and Ottawa, over 2,000 brokers possess an in depth understanding of the real estate market and ensure their clients' real estate transactions go smoothly every day. The first real estate banner to be both franchisor and franchisee, groupe sutton - quebec has laid the foundation for many industry innovations since 1995. Visit www.suttonquebec.com for more details.

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