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Mario Toneguzzi

Mario Toneguzzi is a contributing writer for REM.

Study finds flooding lowers house prices, extends time on market

A new study says flooding pushes down housing prices and reduces the number of homes for sale, while increasing the time it takes a home to sell.
Michael Lam

Sutton Group Management Ltd. acquires Sutton Group – West Coast Realty

Michael Lam, president and CEO of SGM, says the latest acquisition brings the total number of real estate agents working with SGM to about 1,500.
Damon Conrad

Royal LePage Commercial plans to dominate secondary and tertiary markets

Damon Conrad says Royal LePage Commercial is now the largest and fastest-growing commercial banner in Canada.
Raman Dua

Save Max offers commissions the same day a deal is signed

Save Max, based in Mississauga, Ont., says it is the first Canadian real estate company to pay commissions to Realtors on the same day a deal is signed on a property transaction.
Purplebricks has been rebranded as FairSquare.

Purplebricks rebranded as FairSquare

Purplebricks has been rebranded as FairSquare. The brand, which has its roots as a for-sale-by-owner company, has evolved into a full-service brokerage that charges a fixed fee to clients, says Pascal Laflamme, president of FairSquare Group Realty.
Jason Henneberry

Fundible offers guaranteed financing before purchase offer is written

A new company is offering homebuyers 100-per-cent guaranteed financing before they write their purchase offer. Fundible says it’s a first-of-its-kind concept in Canada.

Gen Z primed for home ownership despite affordability issues – Sotheby’s

The next generation of homebuyers, Generation Z, is primed for first-time home ownership despite challenges with housing affordability, says a report by Mustel Group and Sotheby’s International Realty Canada.

Understanding Canada’s anti-spam and do-not-call rules

No matter how diligent a Realtor is in following Canadian Radio-television and Telecommunications Commission policy when it comes to spam and do-not-call lists, it’s tough to understand the full scope of your obligations and risks.
Bruce Tannas

Partnership allows Alberta municipalities to post local commercial listings

Alberta-based online business marketplace Connect4Commerce is partnering with Pillar 9 and Rocky View County to give Alberta Realtors a new platform for their commercial listings and provide potential buyers and sellers with information and tools.

Carrier acquires BrokerBay; will pair it with Supra

Carrier Global Corporation, which operates Supra with its real estate lockbox management and mobile credentialing business, is acquiring Toronto-based BrokerBay Inc., a pioneer in the development of a real estate management cloud ecosystem.