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!

 

      

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Last April, the Competition Tribunal ruled the Toronto Real Estate Board prevented competition, stifled digital innovation by prohibiting its realtor members from posting sales data online.

Yesterday the Federal Court of Appeal’s decided to uphold an April 2016 Competition Tribunal ruling.

TREB now says it will seek a Supreme Court of Canada appeal to fight this ruling further dragging out the battle. It says it will also seek an order staying the decision until the outcome of the appeal.

If you are considering your options, contact us to see how we can help.  

Details

Last year the Competition Tribunal ruled that the Toronto Real Estate Board prevented competition and stifled digital innovation by prohibiting its realtor members from posting sales data on their websites. TREB has appealed this decision.

"By denying agents the ability to introduce new and innovative real estate brokerage services using the internet, consumers are ultimately denied the benefits of greater competition.
Competition Bureau"

TREB's strict rules stiffel what real estate brokerage services could offer, which denys the consumer from the benifits of increased competion. Increased competion usually provides consumers with lower prices. Should the Federal Court of Appleal find in favour of the Competition bureau, this may further erode the ability of realtors to earn a decent living.

If you are considering your options, contact us to see how we can help.  

 

 

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According to the HuffPost, morgage rates have dropped 47 per cent in the third quarter of the year. This is mostly due to the new stress test rules that where announced by the Federal Government in the forth quarter of 2016. New home buyers are now finding it increasingly difficult to purchase a home.

Read the full article here.

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Earning an Ontario Real Estate License is an expensive endeavour. Real Estate Board fees, franchise fees, education and advertising all add up. Building a client base can take years. Sometimes however, life throws you a curve ball and you need to take a break. It would be a shame to loose all your hard earned good will. Parking your License with Karma Realty will allow you to still earn referral income by keeping your license active, but without the high costs of staying in business.

We are keeping doors open for Ontario Real Estate Agents, contact us now to see how we can help.