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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Price DropThe HuffPost reports that Toronto's real estate bubble is in a sharp decline that is now causing deals to go bad. Lenders are taking a hard look at home values and in some cases, cutting the amount of loan that they are willing to give, on already agreed upon deals. For some buyers, suddenly needing an extra $150,000 to close will cause them to walk from the deal. 

To read the whole article, please visit: Sliding Prices Wreak Havoc In Toronto's Housing Market

If the market crash is causing you to consider your options, contact us to see how we can help.

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As the Toronto market heated up, the number of Real Estate Agents working in the market increased. The ranks of Real Estate Agents in Canada's largest city have increased by 77% since 2008. But as it slows, the number of Real Estate Agents will decrease.

 

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OSV4VH0The average price of Canadian homes inched down in July by .3%. This is the first dop in price since 2013. Not a huge drop but another sign that the housing market is slowing. CREA also reported that sales where down 12% for the same period. 

Are you starting to feel the pinch? If so, contact us to see how we can help.

Read the full CBC article here: Average price of Canadian home sold in July inched down 0.3% to $478,696 in past year

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04According to the HuffPost, home sales are falling across Ontario, particullary west of Ottawa. The new mortgage rules and the new foreign speculator's tax appear to be to blame. Real Estate boards are reporting sales are down in most of the major Ontario cities. Toronto's July sales were down a wopping 40 percent! 

Can you handle a slowdown? Is it time to explore your options? If so, contact us to see how we can help.

Read the full article: Home Sales Falling ‘In Most Large Cities West Of Ottawa’