MACDONALD REALTY was established in 1944 by John Macdonald and Al Steel as a boutique residential brokerage firm specializing in properties on Vancouver’s exclusive West Side. In 1974 Gregory Carros, a young entrepreneur, purchased the company, and expanded the firm together with his partner Ronald Dick. By the late 1980s the company had developed a very strong brand name and market presence in Vancouver, with a reputation for professional excellence already well established.
The company’s modern era began in 1990, under the leadership of Lynn Hsu, Peter Scarrow, and a new management team, who were all dedicated to creating a truly integrated real estate organization. The timing coincided with Vancouver’s emergence onto the internation stage. In a few short years the city went from “undiscovered jewel” to “international hotspot”, perced strategically on the Pacific Rim and attracting visitors, celebrities, and investors from around the world.
Throughout the nineties a series of mergers, acquisitions, and strategic affiliations spurred MACDONALD REALTY'S growth throughout British Columbia. Building on our established strength and experience in Residential Sales, the new management group expanded the company’s business interests to include Commercial Sales and Leasing, Property Management, Development & Project Management, Project Marketing, Luxury Property Marketing, Mortgage Brokering and Lending, and Training.
In the fall of 2004, company leadership decided to pursue strategic franchise growth across Western Canada, which established MACDONALD REALTY in new markets in B.C. and Alberta. Today, MACDONALD REALTY has evolved into the most diversified brokerage, management and consultancy organization in Western Canada’s real estate industry, and is perfectly positioned for further grown and success in the 21st century.
The Kelowna office of MACDONALD REALTY has grown to 65 agents through selective, personal recruiting, merger and acquisition. The firm merged with Orchard City Real Estate Services in 1995 and then with Countrywide Palm Springs North Realty Corp in 1996. Experienced, full-time agents make all the difference and that is what MACDONALD REALTY KELOWNA is about.
Our experienced sales staff has created a large customer base in Vancouver, Richmond, Surrey, West Vancouver, Maple Ridge and the Okanagan Region. Our market share has been growing consistently and this has been a result of careful selective recruitment of sales and focus on productivity.