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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We have been asking all our agents, who use Interac e-transfer to receive their referral commissions, to set up Autodeposit on their Interac E-Transfer Service.

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As unemployment dampens the hot real estate market, home prices could drop 7% across Canada forecasts Moody's Analytics, Inc. Oversupply and affordability issues combined with the poor condition of the labour market will lead to the decline.

If a COVID-19 vaccine comes out, it is possible that home prices will bounce back in 2022, the report suggests.

Read More Here

If a market slowdown won't help your income and you are considering your options, contact us to see how we can help!

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According to the Swiss Bank, Toronto has the 3rd largest housing bubble in the world, beating out Vancouver, New York, Hong Kong and San Francisco. Placing 3rd in the Bank's score of world cities, only Munich and Frankfurt scored higher. This is the third year for Toronto to be in a housing bubble. The current high prices combined with the strong Canadian dollar could cause problems once the pandemic restrictions are lifted.

Read More Here

If a bubble bursting isn't in your plans and you are considering your options, contact us to see how we can help!

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Housing market recovery from COVID-19 crisis will be uneven across the country according to Canada Mortgage and Housing Corporation's latest Housing Market Outlook. This report focuses exclusively on urban areas, says "The housing outlook is subject to unprecedented uncertainty due to the pandemic."

The CMHC said a combination of factors related to the pandemic will slow housing starts and push sales and home prices below pre-COVID levels. The housing market likely won't see a return to pre-pandemic levels before the end of 2022.

If a two-year market slowdown is making you consider your options as a Real Estate Professional, contact us to see how we can help!