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!

 

      

Details

The Toronto Real Estate Board predicts that a slower year is coming for Toronto's housing market. 2017's overheated market sent prices soaring, but 2018 looks to have a slower market. Causes include new goverment rules and rising mortage rates.

 "Federal and provincial policy decisions will act as a drag on demand for ownership housing." - Toronto Real Estate Board

See the full article here.

If a slowing Real Estate market has gotten you down, consider parking with us.

Details

Starting this month, it's going to be harder to buy a house. The new federal banking regulations will require a “stress test” for borrowers of conventional mortgages to ensure that they can afford higher rates. This means that home buyers have lost significant purchasing power. The Bank of Canada estimates that this will disqualify one in ten mortgage seekers. This in turn is predicted to lead to a 10 to 20 percent decline in house prices. When you combine this with the rise in interest rates, this should keep Canada’s housing markets relatively quiet through the first half of 2018.

If a quiet Real Estate market is not what you need, consider parking with us.

Details

Are you looking for a brokerage to park with? If so, we can help! We are keeping doors open for Ontario Real Estate Agents. Don't close the door to your future! Hang your Real Estate Licence here!

Moving to Karma Realty is very easy and in most cases, can be completed within a day. Contact us now!

Details

Toronto's real estate board is laying the blame at the government's door for a "volatile" year that saw sales drop more than 18 per cent and prices for detached homes dropped.

Record sales in the first quarter were followed by a decline after the Ontario Fair Housing Pland was announced. The new federal governement lending guideline will also continue to effect the market well into 2018.

"Much of the sales volatility in 2017 was brought about by government policy decisions," said Toronto Real Estate Board (TREB) president Tim Syrianos in a statement.

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