The new office will mark the brokerage’s 28th franchise across the U.S., Canada, Mexico, the Caribbean and Europe, CEO Mauricio Umansky announced Tuesday.

Luxury brokerage The Agency announced on Tuesday the launch of a new franchise in Montreal in Canada’s Quebec province.

Mauricio Umansky | Credit: The Agency

The new office will mark the brokerage’s 28th franchise across the U.S., Canada, Mexico, the Caribbean and Europe. It joins the company’s existing Canadian offices located in Toronto, Victoria, Oakville, Calgary, Kitchener, Cowichan and Vancouver.

John M. Faratro of Struktur Real Estate Developments and SVN Montreal Commercial Real Estate Agency will lead the new office as managing partner.

“We’re delighted to continue The Agency’s expansion throughout Canada and partner with John M. Faratro on our new franchise office in Montreal,” Mauricio Umansky, CEO and founder of The Agency, said in a statement. “John is an accomplished broker and leader with an amazing track record and reputation. We know he will be an incredible steward for The Agency brand and our unique culture.”

Jim Ramsay | Credit: The Agency

The brokerage has launched a number of new franchises in the last year, including in Downtown Toronto, Naples, New Canaan, Boston, Denver, Maui, Las Vegas and more. The company noted in a statement that continued strong demand across Canada has enabled its expansion throughout the country.

“Our new franchise in Montreal is a true testament to the supreme interest and demand we’re experiencing throughout Canada for a brand like The Agency,” Jim Ramsay, executive vice president of franchise sales at The Agency, said in a statement. “We’re excited to partner with Jon M. Faratro on this new endeavor as we continue to showcase the power of The Agency brand across the region.”

John M. Faratro | Credit: LinkedIn

Faratro has more than 30 years of experience working in the residential development and condo space in greater Montreal, occupying roles like president of Struktur Real Estate Developments and CEO and president of SVN Montreal Commercial Real Estate Agency, among other executive-level roles. He’s participated in more than $150 million worth of development projects and commercial transactions across Montreal, and has a reputation as a top agent in the area, a press release noted.

“I am honored to join The Agency family and be a part of such an influential luxury brand,” Faratro said in a statement. “The firm’s unparalleled marketing power, technology offerings and global brand recognition are unlike any other brokerage in the area. I look forward to continuing to service buyers and sellers in Montreal with this new, elevated experience.”

Get Inman’s Luxury Lens Newsletter delivered right to your inbox. A weekly roundup of all the biggest news in the world of high-end real estate delivered every Friday. Click here to subscribe.

Email Lillian Dickerson

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription