Groupe Sutton – Québec becomes responsible for the CMHC’s resale mortgage foreclosures in Québec
As of February 1, groupe sutton – quebec will become the exclusive Québec resale provider of Canada Mortgage and Housing Corporation (CMHC) foreclosures ranging from one to six units through its subsidiary, Groupe Reprise Québec .
Following a CMHC call for tenders, groupe sutton – quebec, via its subsidiary Groupe Reprise Québec , 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 Julie Gaucher, partner, vice president and Chief of Operations of groupe sutton – quebec.
It is worth noting that Sutton (Québec ), 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 per cent with almost 80 per cent of the sales generated by Sutton brokers.