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Grassroots Realty Group

Full company profile

uuid00pmd4k

Namestring
Grassroots Realty Group
Legal namestring
Grassroots Realty Group Ltd.
Company typeenum
Private
Founded yearint
2017
Descriptiontext

Grassroots Realty Group is a privately held Canadian real estate brokerage headquartered in Alberta, founded in June 2017. The firm operates 35+ branch offices across Alberta with an employee base of 251-500, providing residential real estate transaction services (buyer and seller representation) alongside a property management division launched in August 2018. To date Grassroots has facilitated more than 25,000 transactions representing over $8 billion in cumulative real estate sales, and currently manages a property portfolio exceeding 1,600 units and $750 million in asset value. Founding leadership includes Yuri Smith (President) and Morgan MacLean (Vice President).

The company earns revenue through two complementary streams: (1) commission-based income from real estate transactions, where Grassroots retains a share of gross commission after agent splits, and (2) recurring fee income from its property management division covering residential units on behalf of landlord clients. The Grassroots Advantage marketing system functions as a centralized agent-support platform intended to differentiate the firm's seller-service offering versus traditional and discount competitors. Distribution is built around a multi-branch, hyper-local agent model with offices concentrated in Alberta's primary (Calgary, Edmonton) and secondary markets, including a dedicated Grassroots South sub-brand for southern Alberta.

The firm has received multiple industry recognitions, including placement on Canada's Top 50 Startups list (2020) and Alberta Real Estate Association awards. As a private Alberta limited company with no disclosed institutional funding rounds, Grassroots has funded growth through retained earnings and operational cash flow. Strategic focus to date has been geographic and product-line expansion within Alberta; no out-of-province or franchise operations are disclosed.

Short descriptiontext

Grassroots Realty Group is an Alberta-based real estate brokerage operating 35+ branches with 251-500 employees, serving individual buyers, sellers, and landlords through commission-based home transactions and a recurring property management division managing 1,600+ units.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersGrande Prairie, Canada
HQ citystring
Grande Prairie
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices11 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
residential real estate brokerage, property management services, MLS property search, real estate marketing system, rental property management
Industry2 codes
1Traditional Residential Brokerage (Existing Homes)
CodeBPAJAAAAPrimaryYes
2Residential Real Estate Teams & Agent Networks (Team-Based Brokerage)
CodeBPAJAAALPrimaryNo
NAICS code2 codes
  • Offices of Real Estate Agents and Brokers53121
  • Real Estate Property Managers53131
SIC code1 code
  • Real Estate Agents & Managers (For Others)6531
Product category
Residential Real Estate Brokerage
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Real Estate Commission
TypeTransaction Fee
Description

Traditional real estate commission-based revenue from residential property sales transactions. Agents operate under the brokerage and share commissions.

grassrootsrealtygroup.ca
2Property Management
TypeManaged Services
Description

Property management services generating revenue from managing rental properties. The company manages over 1600 units and $750M+ portfolio under management.

grassrootsrealtygroup.ca
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details1 tier
1Real estate transaction commissions
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Commission-based pricing typical of Alberta real estate brokerages. Specific rates not publicly disclosed.

grassrootsrealtygroup.ca
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1Grassroots Realty Group
Description

The primary brand for residential real estate brokerage services across Alberta

grassrootsrealtygroup.ca
Core offering1 text field

Grassroots Realty Group is a boutique residential real estate brokerage operating across Alberta with 35+ office locations. The company sells residential properties through licensed agents and runs a property management division handling over $750 million in portfolio and 1,600+ units. It also operates an online MLS property search platform powered by Pillar 9.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Quicker property sales through marketing system
+1 more record
Product overview1 text field

Grassroots Realty Group is a boutique residential real estate brokerage operating as a single unified platform across Alberta. The company offers core real estate brokerage services (residential and commercial property sales), a property management division (managing over $750M portfolio with 1,600+ units), and proprietary marketing systems including the Grassroots Advantage marketing program. The platform integrates MLS® property search functionality powered by Pillar 9™ for property listings, and provides virtual tour/video content capabilities. The brokerage operates across 35+ locations in Alberta and has facilitated over $8 billion in sales and 25,000+ transactions.

Product and service2 records
1Residential Real Estate Brokerage
CategoryReal Estate Brokerage
Description

Full-service residential real estate brokerage offering property buying, selling, and rental representation across Alberta through a network of licensed agents operating from 35+ office locations. The brokerage has facilitated over $8 billion in sales and 25,000+ transactions.

2Property Management Services
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Recent move14 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

eXp Realty is a cloud-based, agent-centric brokerage that has rapidly scaled globally and into Canada via a low-overhead, commission-split model. It is an emerging direct competitor to Grassroots in Alberta for agent recruitment, particularly among tech-forward realtors.

TypeDirect peer
Description

HomeLife Realty is a Canadian residential real estate brokerage franchise with a wide agent network. It directly competes with Grassroots in the mid-market residential brokerage segment.

TypeDirect peer
Description

Sotheby's International Realty Canada operates a luxury-leaning residential brokerage franchise with presence in major Canadian markets including Alberta (Calgary, Canmore). It competes with Grassroots in higher-end residential segments and in resort markets such as Banff and Canmore.

TypeDirect peer
Description

Engel & Völkers is a premium residential brokerage franchise with Canadian operations. It competes with Grassroots in Alberta's higher-end markets (Calgary, Banff, Canmore) and overlaps in the boutique-brokerage positioning Grassroots emphasizes.

TypeDirect peer
Description

Royal LePage is one of Canada's largest traditional residential real estate brokerages with a strong agent network and a well-known brand. It competes head-to-head with Grassroots for agent recruitment, listings, and buyer-side representation across Alberta.

TypeBroad incumbent
Description

Zillow is the largest US-based residential real estate search portal and iBuying platform. Although not a direct Canadian brokerage, its portal and consumer-experience expectations set the competitive baseline for digital brokerage experience that Grassroots must match.

TypeDirect peer
Description

Century 21 Canada operates a franchise model with a large residential agent base across Canada. It directly competes with Grassroots for agent recruitment and transactional market share in Alberta's residential brokerage market.

TypeDirect peer
Description

RE/MAX Canada is one of the dominant residential real estate franchise networks in Canada, operating a commission-based agent model with broad geographic coverage. It directly competes with Grassroots for both agents and seller/buyer clients across Alberta and the rest of Canada.

TypeRegional player
Description

Bosley Real Estate is a Toronto-focused independent residential brokerage with a strong urban brand. It is comparable to Grassroots as an independent, regionally concentrated boutique brokerage competing against national franchise networks.

TypeDirect peer
Description

Sutton Group is a Canadian residential real estate franchise network with offices across multiple provinces. It competes directly with Grassroots for agent recruitment and residential listings in Canadian markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Grassroots Realty Group

Residential Real Estate Brokeragegrassrootsrealtygroup.ca

Grassroots Realty Group is an Alberta-based real estate brokerage operating 35+ branches with 251-500 employees, serving individual buyers, sellers, and landlords through commission-based home transactions and a recurring property management division managing 1,600+ units.

What Grassroots Realty Group does

Grassroots Realty Group is a privately held Canadian real estate brokerage headquartered in Alberta, founded in June 2017. The firm operates 35+ branch offices across Alberta with an employee base of 251-500, providing residential real estate transaction services (buyer and seller representation) alongside a property management division launched in August 2018. To date Grassroots has facilitated more than 25,000 transactions representing over $8 billion in cumulative real estate sales, and currently manages a property portfolio exceeding 1,600 units and $750 million in asset value. Founding leadership includes Yuri Smith (President) and Morgan MacLean (Vice President).

The company earns revenue through two complementary streams: (1) commission-based income from real estate transactions, where Grassroots retains a share of gross commission after agent splits, and (2) recurring fee income from its property management division covering residential units on behalf of landlord clients. The Grassroots Advantage marketing system functions as a centralized agent-support platform intended to differentiate the firm's seller-service offering versus traditional and discount competitors. Distribution is built around a multi-branch, hyper-local agent model with offices concentrated in Alberta's primary (Calgary, Edmonton) and secondary markets, including a dedicated Grassroots South sub-brand for southern Alberta.

The firm has received multiple industry recognitions, including placement on Canada's Top 50 Startups list (2020) and Alberta Real Estate Association awards. As a private Alberta limited company with no disclosed institutional funding rounds, Grassroots has funded growth through retained earnings and operational cash flow. Strategic focus to date has been geographic and product-line expansion within Alberta; no out-of-province or franchise operations are disclosed.

Grassroots Realty Group firmographics

Firmographics
Name
Grassroots Realty Group
Legal name
Grassroots Realty Group Ltd.
Website
https://grassrootsrealtygroup.ca
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
251–500 employees
Short description
Grassroots Realty Group is an Alberta-based real estate brokerage operating 35+ branches with 251-500 employees, serving individual buyers, sellers, and landlords through commission-based home transactions and a recurring property management division managing 1,600+ units.
Ownership category
akta.pro rank

Grassroots Realty Group industry classification

Industry
Product category
Residential Real Estate Brokerage
NAICS
Offices of Real Estate Agents and Brokers (53121), Real Estate Property Managers (53131)
SIC
Real Estate Agents & Managers (For Others) (6531)
akta.pro primary industry
Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)
akta.pro secondary industry
Residential Real Estate Teams & Agent Networks (Team-Based Brokerage) (BPAJAAAL)

Keywords

  • Residential real estate brokerage
  • Property management services
  • MLS property search
  • Real estate marketing system
  • Rental property management

Where Grassroots Realty Group is headquartered

Location

Headquarters

HQ city
Grande Prairie
HQ country
Canada
HQ region
North America

Offices11 records

Markets served

Grassroots Realty Group business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Real Estate Commission: Traditional real estate commission-based revenue from residential property sales transactions. Agents operate under the brokerage and share commissions.
  2. Property Management: Property management services generating revenue from managing rental properties. The company manages over 1600 units and $750M+ portfolio under management.

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goReal estate transaction commissions

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Grassroots Realty Group product offering

Product offering

Core offering

Grassroots Realty Group is a boutique residential real estate brokerage operating across Alberta with 35+ office locations. The company sells residential properties through licensed agents and runs a property management division handling over $750 million in portfolio and 1,600+ units. It also operates an online MLS property search platform powered by Pillar 9.

Product overview

Grassroots Realty Group is a boutique residential real estate brokerage operating as a single unified platform across Alberta. The company offers core real estate brokerage services (residential and commercial property sales), a property management division (managing over $750M portfolio with 1,600+ units), and proprietary marketing systems including the Grassroots Advantage marketing program. The platform integrates MLS® property search functionality powered by Pillar 9™ for property listings, and provides virtual tour/video content capabilities. The brokerage operates across 35+ locations in Alberta and has facilitated over $8 billion in sales and 25,000+ transactions.

Differentiator

Problem solved

Functional benefit

Brands

  • Grassroots Realty Group: The primary brand for residential real estate brokerage services across Alberta

Products and services

  • Residential Real Estate Brokerage Full-service residential real estate brokerage offering property buying, selling, and rental representation across Alberta through a network of licensed agents operating from 35+ office locations. The brokerage has facilitated over $8 billion in sales and 25,000+ transactions.
  • Property Management Services

Quantifiable outcome

  • Quicker property sales through marketing system
  • +1 more outcomes

Companies that use Grassroots Realty Group

Customer profile

Segments3 records

Ideal customer profiles2 records

Grassroots Realty Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Grassroots Realty Group partnerships and signals

Strategic signal

Scale indicators8 records

Recent moves14 records

Expansion highlights4 records

Grassroots Realty Group competitors and assessment

Company assessment

Emerging players

  • eXp Realty Canada: eXp Realty is a cloud-based, agent-centric brokerage that has rapidly scaled globally and into Canada via a low-overhead, commission-split model. It is an emerging direct competitor to Grassroots in Alberta for agent recruitment, particularly among tech-forward realtors.

Direct peers

  • HomeLife Realty: HomeLife Realty is a Canadian residential real estate brokerage franchise with a wide agent network. It directly competes with Grassroots in the mid-market residential brokerage segment.
  • Sotheby's International Realty Canada: Sotheby's International Realty Canada operates a luxury-leaning residential brokerage franchise with presence in major Canadian markets including Alberta (Calgary, Canmore). It competes with Grassroots in higher-end residential segments and in resort markets such as Banff and Canmore.
  • Engel & Völkers Canada: Engel & Völkers is a premium residential brokerage franchise with Canadian operations. It competes with Grassroots in Alberta's higher-end markets (Calgary, Banff, Canmore) and overlaps in the boutique-brokerage positioning Grassroots emphasizes.
  • Royal LePage: Royal LePage is one of Canada's largest traditional residential real estate brokerages with a strong agent network and a well-known brand. It competes head-to-head with Grassroots for agent recruitment, listings, and buyer-side representation across Alberta.
  • Century 21 Canada: Century 21 Canada operates a franchise model with a large residential agent base across Canada. It directly competes with Grassroots for agent recruitment and transactional market share in Alberta's residential brokerage market.
  • RE/MAX Canada: RE/MAX Canada is one of the dominant residential real estate franchise networks in Canada, operating a commission-based agent model with broad geographic coverage. It directly competes with Grassroots for both agents and seller/buyer clients across Alberta and the rest of Canada.
  • Sutton Group: Sutton Group is a Canadian residential real estate franchise network with offices across multiple provinces. It competes directly with Grassroots for agent recruitment and residential listings in Canadian markets.

Broad incumbents

  • Zillow (US): Zillow is the largest US-based residential real estate search portal and iBuying platform. Although not a direct Canadian brokerage, its portal and consumer-experience expectations set the competitive baseline for digital brokerage experience that Grassroots must match.

Regional players

  • Bosley Real Estate: Bosley Real Estate is a Toronto-focused independent residential brokerage with a strong urban brand. It is comparable to Grassroots as an independent, regionally concentrated boutique brokerage competing against national franchise networks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Grassroots Realty Group social profiles

Digital presence

Grassroots Realty Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Grassroots Realty Group leadership team

Management profile

Number of profiles

Profiles2 records

Grassroots Realty Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Grassroots Realty Group M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Grassroots Realty Group

What does Grassroots Realty Group do?

Grassroots Realty Group is a boutique residential real estate brokerage operating across Alberta with 35+ office locations. The company sells residential properties through licensed agents and runs a property management division handling over $750 million in portfolio and 1,600+ units. It also operates an online MLS property search platform powered by Pillar 9.

Is Grassroots Realty Group a public or private company?

Grassroots Realty Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Grassroots Realty Group founded?

Grassroots Realty Group was founded in 2017. It employs 251 to 500 people.

Where is Grassroots Realty Group based?

Grassroots Realty Group is headquartered in Grande Prairie, Canada, in the North America region.

How does Grassroots Realty Group make money?

Two revenue lines are on record. Real Estate Commission is the primary driver. The others are property Management.

Who are Grassroots Realty Group's main competitors?

eXp Realty Canada is listed as an emerging player. Direct peers are HomeLife Realty, Sotheby's International Realty Canada, Engel & Völkers Canada, Royal LePage, Century 21 Canada, RE/MAX Canada and Sutton Group. Zillow (US) is listed as a broad incumbent. Bosley Real Estate is listed as a regional player.

Does Grassroots Realty Group have an API?

No public API is recorded for Grassroots Realty Group.

What industry is Grassroots Realty Group in?

Grassroots Realty Group's product category is Residential Real Estate Brokerage. Its primary akta.pro industry code is BPAJAAAA, Traditional Residential Brokerage (Existing Homes), with a secondary code of BPAJAAAL, Residential Real Estate Teams & Agent Networks (Team-Based Brokerage). Its NAICS code is 53121 and its SIC code is 6531.

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