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!
COVID-19 looms over the normally hot spring Real Estate Market
- Details
- Karma Realty
With the potential for quarantines in the major urban areas of Canada due to the COVID-19 pandemic, the normally hot spring Real Estate market is likely to grind to a halt. Combined with the meltdown of the financial markets, many home buyers are panicking, worried that their investments will not not contain the capital they need for down payments.
With the very real threat of recession on the horizon, many home buyers will be reluctant to take on large debts. Home prices and sales are likely to suffer.
If the impending market slowdown is making you consider your options as a Real Estate Professional, contact us to see how we can help!
Image by Arek Socha from Pixabay
September home sales up 22% according to the Toronto Real Estate Board
- Details
- Karma Realty
TREB said that the Toronto home sales where up 22% when compared to a year ago. Howerever, total sales in the month where nearly the same as August. Selling price was also up by 5.2% when compared to last September.
If this increase isn't reflected in your commissions and you are considering your options, contact us to see how we can help!
Home sales recover in August
- Details
- Karma Realty
According to the Ontario Real Estate Association, home sales in Ontario continued to recover in August. Sales activity reported was up 6% from the August 2018. The average home price was also up 6%. On a year to date basis sales were up 7.1%
For more information see the CREA / OREA news release.
If a active market hasn't improved your activity and you are considering your options, contact us to see how we can help!
TREB: GTA home sales drop 16% in 2018
- Details
- Karma Realty
TREB has reported that a total of 77,426 residential transactions were processed by TREB's MLS® System in 2018. This represents a 16.1% drop in sales reported in 2017. The Toronto Real Estate Board also noted that total new listings entered into TREB's MLS® System were down by 12.7 per cent over the same period to 155,823.
Although the average price was up slightly, this is attributed to an increase in price of sales of condominium apartments within Toronto.
For more information, see the TREB news release
If a slowing market is making you consider your options, contact us to see how we can help!