‘They built and they built’: Luxury rental vacancies hit double digits, report says
Nearly 17% of Canada’s high-end rental units are sitting empty, according to new data from CoStar. Affordable rentals are a different story, with vacancy closer to 3%.
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As TRESA Phase 3 takes shape, OREA pushes for a more nuanced penalty system
OREA acting CEO Diane Brisebois/contributed. The Ontario Real Estate Association (OREA) is urging the province to put more guardrails around a proposed new system of financial penalties for real estate professionals, pointing to British Columbia as a model for...
Leo Pareja named CEO of AGNT as founder Glenn Sanford steps down
Leo Pareja/Facebook Leo Pareja has been named CEO of AGNT, Inc., the parent company of eXp Realty, succeeding company founder Glenn Sanford, who will remain chairman of the board. The appointment, announced Oct. 8, takes effect immediately. Pareja has served as...
AI is here. Your MLS® platform should be ready.
Artificial intelligence is changing how people find information, make decisions and complete everyday work. In real estate, the opportunity extends beyond a new search feature or digital assistant. AI has the potential to reduce administrative effort, surface relevant...
Why an agent’s second good year costs the most
The first strong year in real estate feels like the finish line. For a lot of new agents, the tax bill says otherwise: the second good year is the one that costs the most. It is not that the second year earns less. It is that three obligations come due...