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Royal LePage launches QuickQuote™, the first truly national home value estimator on a real estate website

TORONTO, July 13, 2022 – Royal LePage, Canada’s largest real estate company, has launched QuickQuote™, its highly anticipated home value estimator, continuing its path of investment, innovation and growth.

With an evolving real estate market top-of-mind, home buyers and sellers are looking for more data and insights to support their research process and help them make more informed decisions. QuickQuote™ empowers Canadians with instant, current market home value estimate, together with helpful related neighbourhood analytics.

“Home buyers and sellers can access QuickQuote™ on Canada’s number one most visited real estate company website, royallepage.ca,” said Carolyn Cheng, COO, Royal LePage. “Its estimates provide additional insights that generate leads and conversations, especially with sellers, and act as a powerful marketing tool for our network.”

QuickQuote™ is powered by, and leverages, the proprietary real estate data, advanced modelling and AI techniques of RPS Real Property Solutions, a highly sought-after provider of real estate insights and innovative, industry-leading valuation solutions for major financial institutions and leading Canadian brands.

“We are honoured to be selected as a technology partner of Canada’s foremost real estate brand to launch QuickQuote™,” said Yvonne von Jena, SVP, Client Solutions, RPS Real Property Solutions. “Our goal is to enhance the customer’s experience on royallepage.ca and support a channel that drives valuable home buyer and seller leads to Royal LePage agents, so they can further stand out in an increasingly crowded landscape.”

Royal LePage provides cutting-edge products and services to its network of REALTORS® and franchisees to maximize brokerage, team and agent productivity and profitability. The launch of innovative technology products such as QuickQuote™ empowers Royal LePage professionals with the tools they need to strengthen their client relationships. 

About Royal LePage

Serving Canadians since 1913, Royal LePage is the country’s leading provider of services to real estate brokerages, with a network of more than 19,000 real estate professionals in over 600 locations nationwide. Royal LePage is the only Canadian real estate company to have its own charitable foundation, the Royal LePage Shelter Foundation, dedicated to supporting women’s and children’s shelters and educational programs aimed at ending domestic violence. Royal LePage is a Bridgemarq Real Estate Services Inc. company, a TSX-listed corporation trading under the symbol TSX:BRE. For more information, please visit www.royallepage.ca.

About QuickQuoteTM

QuickQuoteTM is powered by the RPS Estimator solution and available on Royal LePage’s website, www.royallepage.ca, where homebuyers can use the QuickQuoteTM on listings to have a better sense of the likely market value of the listed home, while home sellers can get a better sense of the current value of their home. Additionally, consumers can adjust key attributes about a home – such as change the square footage or number of bathrooms – for an updated estimate, say when considering a renovation or to understand affordability trade-offs.

About RPS Real Property Solutions

RPS Real Property Solutions is a leading Canadian provider of outsourced real estate solutions including property valuations, data-driven risk management tools, market trending and insights, and consulting services. It partners with financial institutions, mortgage professionals, real estate professionals, government agencies and economic research firms to help them make informed decisions with confidence. The company’s expertise has established RPS as the strategic partner for real solutions to real property challenges. RPS Real Property Solutions Inc. is wholly owned by Brookfield Business Partners L.P. (TSX: BBU.UN, NYSE: BBU), a public company with majority ownership by Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM). For more information, please visit www.rpsrealsolutions.com.

*The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

For media inquires, please contact:

Jasmine Jeffries
Communications Specialist, Royal LePage

RPS Real Property Solutions
Laura Forester
Director, Marketing