TORONTO, ON (July 13, 2022) – RPS Real Property Solutions is honoured to be selected as the solutions partner of Royal LePage, Canada’s largest real estate company, to launch QuickQuoteTM on its royallepage.ca website today.
With a rapidly evolving real estate market, many home buyers and sellers find themselves looking for more data and insights to support their research and inform their decision-making process. QuickQuote empowers Canadians with a current market value estimate of a home, together with helpful related neighbourhood analytics.
QuickQuote is powered by the RPS Estimator, an innovative and versatile solution that is currently in market supporting financial services with mortgage lead generation, retention and deeper mortgage broker-customer relationships. The RPS Estimator leverages proprietary real estate data as well as advanced modelling and AI techniques.
“After extensive research and testing, we found that the RPS Estimator solution had the broadest national coverage and innovative functionality to deliver meaningful value to consumers and our stakeholders, REALTORS® and brokers,” said Carolyn Cheng, Chief Operating Officer at Royal LePage. “Its estimates provide additional insights that generate leads and engaged conversations for our network, especially with sellers, acting as a powerful marketing tool for them.”
RPS provides highly sought-after real estate insights and innovative, industry-leading valuation solutions for major financial institutions and leading Canadian brands. The RPS Estimator solution is integrated into the Royal LePage website to deliver superior house price information seamlessly with an address only search or instantly for listings.
“We see opportunity for the RPS Estimator solution to provide unparalleled real estate insights throughout the mortgage and home journey for both real estate and financial services,” said Yvonne von Jena, Senior Vice President, Client Solutions at RPS. “Whether it is to generate leads in an increasingly crowded landscape, increase the closing ratio for underwriting teams or improve the overall customer experience, RPS is committed to bringing innovation to help in our clients’ success.”
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. RPS 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 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.
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 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. Royal LePage always encourages consumers to reach out to a REALTOR® for a more comprehensive home valuation.
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 over 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.
For Media Inquiries:
RPS Real Property Solutions
Yvonne von Jena
Head of Innovation & Marketing