Coldwell Banker Prestige Realty

What Coldwell Banker Prestige Realty does

Coldwell Banker Prestige Realty is a single-agent real estate brokerage operating under the Coldwell Banker franchise system in Vancouver, British Columbia. The business is led by realtor Mehrnaz Chitsaz and provides buyer representation, seller representation, and investment advisory services across the Greater Vancouver area, including Vancouver proper, West Vancouver, North Vancouver, Burnaby, Coquitlam, Port Moody, Richmond, and surrounding municipalities. The service mix covers residential condos, houses, and townhouses, as well as select commercial transactions and pre-sale/presale project consultation for investors.

The operation runs on a standard brokerage technology stack: a Ubertor-hosted website (vancouverrealestateteam.ca) provides property search, listing display, blog content, and a mortgage calculator. Listings are sourced via the Real Estate Board of Greater Vancouver (REBGV) MLS Reciprocity program, which provides comprehensive property data and standardized listing exposure. Marketing is primarily digital (website, Facebook, LinkedIn, email newsletter via Mailchimp) supplemented by traditional open houses and MLS distribution. There is no proprietary technology, mobile application, API, or developer-facing platform.

The business model is commission-based real estate brokerage, with revenue generated from transaction fees on property sales (typical industry range 3–7% of sale price, split with co-operating brokers). Revenue streams include sales commissions from residential and commercial transactions and listing/marketing service fees. Pricing is not publicly disclosed and is negotiated per transaction. The company is privately held, functions as a single independent contractor under the franchise brand, and has no disclosed funding rounds, subsidiaries, or headcount figures.

Name

Coldwell Banker Prestige Realty

Legal name

Coldwell Banker Prestige Realty

Website

https://vancouverrealestateteam.ca

Company type

Private

Operating status

Operating

Short description

Coldwell Banker Prestige Realty is a Vancouver, Canada-based residential real estate brokerage operated by individual realtor Mehrnaz Chitsaz under the Coldwell Banker franchise, serving buyers, sellers, and investors across Greater Vancouver.

Ownership category

akta.pro rank

Product category

Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)

akta.pro secondary industries

Buyer Representation Services (BPAJAAAJ), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Residential real estate
• Commercial real estate
• Property listings
• Buyer representation
• Seller representation

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Real Estate Sales Commission: Commission-based revenue from residential property sales in Greater Vancouver. Agent represents buyers and sellers in real estate transactions.
2. Listing Services: Fees from listing properties for sale on MLS and providing marketing services to sellers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Coldwell Banker Prestige Realty is a real estate brokerage that provides buyer and seller representation services for residential and commercial properties across the Greater Vancouver area. Services include property search, listing, sales, pre-sale project consultation, and market analysis, supported by MLS Reciprocity data access and a Ubertor-powered website platform.

Product overview

Coldwell Banker Prestige Realty operates as a real estate brokerage offering a suite of consumer-facing services rather than a software product. The core offering centers on property listings and sales representation (residential and commercial), supplemented by buyer and seller representation services, pre-sale property consultation, mortgage calculation tools, and MLS Reciprocity data access. All services are delivered through the Ubertor-powered website platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Listings and Sales Services Full-service residential and commercial real estate listing and sales representation across Greater Vancouver, covering condos, houses, townhouses, and pre-sale properties for buyers, sellers, and investors.
• Buyer Representation Services End-to-end assistance for home buyers including property search, financing guidance, and support with non-Canadian real estate ownership rules such as NR6 form filing, targeted at first-time buyers and out-of-country investors.
• Seller Representation Services Home selling services including comparative market analysis, online listing submission, marketing, and full sales facilitation through closing for Greater Vancouver homeowners.
• Pre-Sale Property Consultation Guidance on pre-construction real estate projects in the Greater Vancouver market, popular with investors evaluating pre-sale opportunities and assignment potential.
• Commercial Property Services Commercial real estate listings and sales services, including office space transactions, for buyers seeking commercial property in Greater Vancouver.
• MLS Reciprocity Listings Access Access to Real Estate Board of Greater Vancouver (REBGV) MLS Reciprocity program listings, providing comprehensive property data, photographs, and broad market exposure to participating firms' clients.

Quantifiable outcome

• Successfully sold properties ranging from $479,900 to $4,080,000
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Coldwell Banker Prestige RealtycoreChannel Partner/ Reseller/ DistributorFranchise affiliation with Coldwell Banker providing brand recognition, training, technology platforms, and administrative support. Agent operates as an independent contractor under this brokerage.
• Real Estate Board of Greater Vancouver (REBGV)coreTechnology or IntegrationMember of REBGV providing access to MLS Reciprocity program for property listings and data. Listings include REBGV trademark and data usage disclaimer.
• Canadian Real Estate Association (CREA)minorChannel Partner/ Reseller/ DistributorProfessional association membership providing standards, resources, and MLS access for real estate professionals.
• Mortgage Brokers Association of BCminorGTM or Marketing PartnerReferral partnership for mortgage financing services. Website links to MBABC for mortgage rate information.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• RE/MAX Crest Realty (Westside): A major RE/MAX franchise serving the Greater Vancouver area. Comparable as a franchise-based brokerage offering residential and commercial real estate services in the same geographic market.
• Royal LePage West Real Estate Services: A Royal LePage franchise operating in Greater Vancouver offering buyer and seller representation. Comparable in franchise structure, service offering, and target clientele.
• Oakwyn Realty: A Vancouver-headquartered independent real estate brokerage. Comparable as a Metro Vancouver-focused brokerage offering residential and commercial services with local market specialization.
• Sotheby's International Realty Canada: A luxury real estate franchise network active in Greater Vancouver. Comparable as a premium brand offering high-end residential brokerage services to discerning buyers and sellers.
• Engel & Völkers Vancouver: An international luxury-focused real estate franchise with operations in Vancouver. Comparable in serving higher price-point residential segments in the Greater Vancouver market.
• Rennie & Associates Realty: A Vancouver-based real estate firm providing sales, leasing, and advisory services. Comparable in serving both residential and commercial real estate clients across Greater Vancouver.
• Dexter Realty: A well-established Greater Vancouver residential real estate brokerage. Comparable in offering buyer and seller representation across Vancouver's submarkets under a recognized local brand.
• Sutton Group West Coast Realty: A Canadian residential real estate franchise network operating across Greater Vancouver. Directly comparable as a franchise-based brokerage serving the same buyer/seller segments with commission-based representation services.
• Macdonald Realty: A long-established BC-focused real estate brokerage serving Greater Vancouver, Vancouver Island, and the Okanagan. Comparable in operating model, residential focus, and local market coverage.

Broad incumbents

• Zillow (U.S. tech-enabled brokerage reference): A large U.S.-based digital real estate platform that combines listings with brokerage services. Relevant as a broader industry disruptor in residential brokerage, though operating in a different primary geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/mehrnaz.chitsaz5
• LinkedInca.linkedin.com/pub/mehrnaz-chitsaz/26/878/8a

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coldwell Banker Prestige Realty