Brampton Real Estate Board (BREB) members have voted to join the Toronto Regional Real Estate Board (TRREB), according to a Friday afternoon release.
The release, issued by TRREB, dubbed the move a "critical step forward towards the future of organized real estate."
The integration will bring BREB's 2,500 members to what is already Canada's largest real estate board, widening its lead even more. According to TRREB's website, it serves almost 70,000 licensed real estate brokers and salespersons in and about the Greater Toronto Area.
BREB President Jacquie Sullivan said in an announcement video that BREB will maintain a regional office in Peel "to ensure the local services, experience, and presence continues." The office's location has not yet been announced, but Sullivan said it will be a hub for TRREB and a local resource for the combined membership.
TRREB President Paul Baron noted that "having a strong regional presence is part of TRREB's overarching objective of strengthening services to TRREB members, now including BREB members, at more localized regional centres."
"This integration allows for better access to resources, heightened opportunities for collaboration, and enhanced GR advocacy efforts," Baron said. "Ultimately, we are excited to gain the added benefit of amplifying the voice and reach of realtors in the city of Brampton, and in the regions of Peel and Halton, with the support of TRREB's GR advocacy team."
Sullivan ended the announcement with an enthusiastic, "Here we go. We're on our way. The integration is happening with the future in mind."
This move comes less than three months after Barrie and District Association of Realtors also voted to integrate with the Toronto board, adding 1,500 members to TRREB's total count.