You've worked hard and paid a lot to get your Ontario Real Estate license, and there is no reason to give that up.
We help agents across Ontario to keep their options open.
Karma Realty Inc. offers Real Estate License Parking services to Ontario Real Estate Sales Representatives and Brokers.
If you are leaving the business temporarily or permanently due to:
- Retirement
- Maternity Leave
- Illness
- Caring for an aging parent
- Travel
- You are a recent course graduate and not ready to start
- Any other purpose
It shouldn't cost you all your hard-earned savings.
By parking your license with us, you can:
- Keep your license so that you keep your options open
- Refer past clients, friends and relatives and collect the referral fee
- Move to Active selling again easily
- Be kept informed of industry changes
- Be notified of due dates for education and insurance
- Get a referral fee for any Sales Representative or Broker that you send to us
Karma Realty Inc. is not a member of the Canadian Real Estate Association (CREA), The Ontario Real Estate Association (OREA) or any other board. Registrants who park their license with us are still licensed Real Estate Representatives under the Real Estate Council of Ontario (RECO).
If you want to be able to do referrals and have the ability to re-instate your license, and pay a minimum for these benefits, then you have come to the right place.
It's not a difficult process, and we can walk you through every step.
Sign up to park my Ontario Real Estate license now!
Vancouver and Toronto Sales Fall
- Details
- Karma Realty
According the the HUFFPOST, Vancouver home sales have hit a 38 year low, falling to 1982 levels. However, prices were slightly up. In Toronto, sales have fallen 67 percent. Prices have also fallen by 2.5 percent according to TRREB.
If CORVID-19 isn't helping your income and you are considering your options, contact us to see how we can help!
Lack of Immigration will push housing prices down
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- Karma Realty
According to a article on the HuffPost, even after COVID-19 housing sales will remain flat and even fall due to the lack of Immigration to Canada.
According to Stephen Brown a economist at U.K.-based Capital Economics says Canada is “...extremely reliant on immigration”.
Demand is set to fall, and stay down “for years” because the country can expect a decline in immigration levels.
If the market slowdown is making you consider your options as a Real Estate Professional, contact us to see how we can help!
CREA - Canadian home sales and listings down in March
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- Karma Realty
Not a big surprise, considering the current CORVID-19 pandemic's effects on Canada overall, but CREA today announced that Canadian home sales and listings were down in March. Nationally, sales were down 14%. Properties coming to the market were down 12.5%.
"Transactions were down on a m-o-m basis in the vast majority of local markets in March. Among Canada's largest markets, sales declined in the Greater Toronto Area (GTA) (20.8%), Montreal (-13.3%), Greater Vancouver (-2.9%), The Fraser Valley (-13.6%), Calgary (-26.3%), Edmonton (-13.2%), Winnipeg (-7.3%), Hamilton-Burlington (-24.9%) and Ottawa (-7.9%). " - Canadian Real Estate Association
These numbers reflect the very beginning of the pandemic's effects on Canada. Read more here: Canadian home sales and listings down in March
If the market slowdown is making you consider your options as a Real Estate Professional, contact us to see how we can help!
Deep Freeze for Real Estate?
- Details
- Karma Realty
According the the CBC, the normally hot spring market is in a deep freeze as the CORVID-19 pandemic impacts the country.
Read More Here: Canadian real estate markets hit hard by pandemic
If the frozen market isn't for you and you are considering your options, contact us to see how we can help!