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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

Additional Info
Teaching Note

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