News

PropertyGuys.com to Create Up to 30 Jobs in Moncton

Yves Maillet, vice president of business growth at Opportunities NB; Ken LeBlanc, CEO and co-founder of PropertyGuys.com and Minister of Finance Cathy Rogers. Image: Submitted.

PropertyGuys.com will create up to 30 jobs over three years in Moncton with the expansion of its business services centre, the company announced Friday.

The company is doing this with help from the provincial government.

The private-sale real estate network was founded in Moncton in 1998. The company has more than 110 franchise operators and serves more than 600 communities across Canada.

PropertyGuys.com is now developing plans to export its proprietary technology into various global markets. The company also recently entered into a master franchise agreement in Australia that is now in early development stages, and it is working on an expansion into the United States.

“Our growth strategy is focused on high-touch meeting high-tech,” said Ken LeBlanc, CEO and co-founder of PropertyGuys.com, in a release. “Achieving the perfect balance between people and tech is really what we are trying to do. Opportunities NB’s support and guidance have been invaluable as we have grown into a global company from right here in New Brunswick.”

The provincial government, through Opportunities NB, is investing $150,000 into $3.6-million worth of payroll over four years. The government says this will support the creation of up to 30 jobs in Moncton and is expected to contribute $12.8-million to the province’s GDP over four years and $213,350 in provincial taxes over that same period.

The funding comes in the form of payroll rebates, which the province says are performance-based and only disbursed annually to a company once it has created and maintained the jobs during the year of the claim and provided proof of salary levels and employment.