Century 21 Bravo Realty 1
Graham Wilson is the broker owner of Century 21 Bravo Realty in Calgary. They are a respectively large real estate company with about 110 real estate agents. In 2008 when the recession hit they were doing about 2000 transactions a year and about $1 billion in sales. Within six months they lost 75 percent of their business and went from 2000 transactions a year to 500 transactions a year. So Graham needed to figure out how to proceed from that point in time. Visit casenet.ca for more free, open access decision focused video teaching cases from Acadia University.
Interviewee
Graham Wilson
Company
Industry
Business Activity
Century 21 Bravo Realty
Real Estate
Other service activities
Headquarters
Calgary, Canada
Size
Medium
Employees
25 to 500
Greater than $25 million
Yearly Revenue
Private Company
Type of Entity
Subject
Organization Theory
Level of Difficulty
Easy
Teaching Objectives
Learn about real estate industry
Keywords
Declining Revemues
* Note: The player is not currently compatible with Internet Explorer.