Announcements https://realestatemagazine.ca/category/news/announcements/ Canada’s premier magazine for real estate professionals. Tue, 17 Sep 2024 16:54:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://realestatemagazine.ca/wp-content/uploads/2022/09/cropped-REM-Fav-32x32.png Announcements https://realestatemagazine.ca/category/news/announcements/ 32 32 Macdonald Realty Group appoints Dan Scarrow as new president & CEO https://realestatemagazine.ca/macdonald-realty-group-appoints-dan-scarrow-as-new-president-ceo/ https://realestatemagazine.ca/macdonald-realty-group-appoints-dan-scarrow-as-new-president-ceo/#respond Wed, 18 Sep 2024 04:01:34 +0000 https://realestatemagazine.ca/?p=34466 "It’s an honour to lead a company with over 80 years of history … the next chapter will be our most dynamic yet”

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On Monday, Macdonald Realty Group of British Columbia announced the appointment of Dan Scarrow as its new president and chief executive officer. Dan succeeds Lynn Hsu, who will remain with the company as chair.

 

Scarrow’s track record

 

Scarrow has a long history with Macdonald Realty Group, having served as president from 2019 to 2022. For the past two years, he was president of Lyndan Properties, the company’s new real estate development arm with over $100+ million worth of projects in its pipeline.

“Dan has been a driving force behind our success for the past 15 years,” says Hsu. “With the establishment of Lyndan Properties and the continued achievements of Macdonald Realty, Macdonald Commercial, Macdonald Property Management and Macdonald Platinum Marketing, our position as BC’s leading real estate organization remains stronger than ever.”

Dan expressed his enthusiasm for the future: “It’s an honour to lead a company with over 80 years of history and an exciting path ahead. I believe the next chapter in Macdonald Realty Group’s story will be our most dynamic yet.”

 

Macdonald Realty has over 20 offices and 1,000 agents and staff and handles more than $10 billion in annual sales. Macdonald Commercial employs over 40 commercial agents across Vancouver, South Surrey and Victoria. Macdonald Property Management oversees properties valued at more than $6 billion and Macdonald Platinum Marketing has managed sales of over $2 billion in luxury new construction.

 

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Realty One Group Canada releases new franchise model https://realestatemagazine.ca/realty-one-group-canada-releases-new-franchise-model/ https://realestatemagazine.ca/realty-one-group-canada-releases-new-franchise-model/#respond Tue, 17 Sep 2024 04:01:42 +0000 https://realestatemagazine.ca/?p=34424 “Since partnering with Realty One Group, I've seen incredible forward momentum across every aspect of my business”

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Realty One Group recently announced its new franchise model it describes as a “full-scale evolution designed to empower real estate professionals like never before.”

The company launched the model in response to the unpredictable real estate landscape, with fluctuating markets and evolving consumer demands. It says with its new model, business owners will attract and retain more agents, grow and be set up for long-term success.

 

How the model stands out

 

Realty One Group describes the new model as standing out because of its culture: a 100 per cent commission model and offering of business coaching, support, tools and marketing.

Chris MacLeod, a franchise owner at Realty One Group Iconic, shares his experience: “Since partnering with Realty One Group, I’ve seen incredible forward momentum across every aspect of my business.

The new franchise model is a game-changer, making it easier to attract top talent and scale our operations. The combination of innovative tools, unparalleled support and a vibrant ‘coolture’ has not only set us apart in the market but has also made our journey incredibly rewarding.”

MacLeod adds his team is progressing towards its goals faster than ever.

 

“We are so excited to be improving on our existing model as we expand across Canada,” Vicki Schmidt, CEO of Realty One Group Canada, adds.

“We are committed to being the best value in the market with an unbeatable brand presence and end-to-end technology solution, unlimited support and now an unbelievable new simplified fee structure allowing franchisees to focus on growing their business.”

 

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The Scott Marshall Group of Kelowna, B.C. joins Sotheby’s https://realestatemagazine.ca/the-scott-marshall-group-of-kelowna-b-c-joins-sothebys/ https://realestatemagazine.ca/the-scott-marshall-group-of-kelowna-b-c-joins-sothebys/#respond Wed, 11 Sep 2024 04:01:51 +0000 https://realestatemagazine.ca/?p=34274 “Their proven track record and deep connections to the local community align perfectly with our mission to deliver unparalleled service and results across Canada”

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Sotheby’s International Realty Canada recently announced the addition of the Scott Marshall Group to its national network. Based in Kelowna, British Columbia, the team brings expertise and roots in the Okanagan Valley.

“The addition of the Scott Marshall Group to Sotheby’s International Realty Canada reinforces our position as the premier choice for discerning clients seeking the highest level of real estate expertise,” says Don Kottick, president & CEO of Sotheby’s International Realty Canada. 

“Their proven track record of success and deep connections to the local community align perfectly with our mission to deliver unparalleled service and results across Canada.”

 

The team

 

Led by Scott Marshall, the Scott Marshall Group is known for its specialization in acreages, lakeshore, luxury and farmland properties. 

Marshall is a fifth-generation Okanagan resident with a real estate and farming family history going back to 1911. He has deep knowledge of the region and an educational background in real estate and finance from the University of British Columbia. For eight years, he worked with a large international real estate brand, where he achieved the top sales position among over 200 local agents and ranked second in sales for B.C.

Joining Marshall are two sales associates: Cole Young and Natalie Reichert. Young carries a mortgage broker license, an extensive background in finance, with a global perspective from his time in Singapore, and knowledge of investment banking, mortgage brokering and real estate. Reichert is a graduate of Kwantlen Polytechnic University and brings experience in international markets.

“I am confident that the Scott Marshall Group’s presence will bring immense value to the brand and further solidify its leadership in the Canadian real estate market,” says Nathan Flavel, regional managing broker, Interior British Columbia.

“We take pride in working with exceptional real estate leaders across Canada and we look forward to working together with the Scott Marshall Group to achieve new heights of success.”

 

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Re/Max Preferred Realty acquires Re/Max Chatham-Kent Realty https://realestatemagazine.ca/re-max-preferred-realty-acquires-re-max-chatham-kent-realty/ https://realestatemagazine.ca/re-max-preferred-realty-acquires-re-max-chatham-kent-realty/#respond Thu, 05 Sep 2024 04:01:41 +0000 https://realestatemagazine.ca/?p=34103 “We’re excited about this next chapter of growth and the opportunity it provides us with, to build lasting relationships with clients in these communities”

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Glen Muir, broker/owner of Re/Max Preferred Realty in Windsor-Essex County, Ontario, has recently acquired Re/Max Chatham-Kent Realty.

Muir, who founded Re/Max Preferred Realty in 1992, has 46 years of industry experience.

 

The expansion

 

The expansion will allow Re/Max Preferred Realty to broaden its presence in the Chatham and Tilbury markets, with the addition of two new office locations and 17 real estate agents. Now, Re/Max Preferred Realty hosts a network of 175 agents across six offices. 

Muir brings his sales team, including managers Denny Laurin, with 33 years of local market expertise, and his son, Gord Muir, with 11 years of industry experience.

 

Moving forward

 

Muir remains committed to providing his agents with all the support, tools and resources they need for their continued success at Re/Max. “We are excited about this next chapter of growth and the opportunity it provides us with, to build lasting relationships with clients in these communities,” he shares.

Muir says he looks forward to helping the Re/Max brand secure the Chatham-Kent region’s top market share spot for many years to come.

 

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Cottage country merger: Century 21 Granite Realty + Century 21 All Seasons Realty https://realestatemagazine.ca/cottage-country-merger-century-21-granite-realty-century-21-all-seasons-realty/ https://realestatemagazine.ca/cottage-country-merger-century-21-granite-realty-century-21-all-seasons-realty/#comments Wed, 28 Aug 2024 04:01:02 +0000 https://realestatemagazine.ca/?p=33940 Brandon Nimigon seeks to continue growing brand presence in the area and its culture of collaboration that has been successful to date

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Century 21 Granite Realty Group Inc. recently announced its merger with Century 21 All Seasons Realty. Led by broker Brandon Nimigon, the brokerage has been serving the Haliburton, Ontario area since 2021.

 

‘A great fit for everyone’

 

Nimigon started with Century 21 Canada in 2015 as an agent and took over the brokerage in 2021. As for the reason he decided to merge with All Seasons Realty, he sought a brokerage similar in location and culture.

The merged group now operates five offices in Haliburton, Algonquin Highlands, Bancroft and Minden.

“We have similar markets, similar clients and agents with a wide expertise in cottage country,” Nimigon explains. “We’ve already had the chance to work together for years and they’re a close-knit group just like us. Our abutting borders make this merger a great fit for everyone.”

 

What the future holds

 

Looking to the future, Nimigon seeks to continue growing the brand’s presence in the area and its culture of collaboration that has been successful for both brokerages.

“This is going to be a great opportunity for all of us to grow our expertise in the area, strengthen our brokerage name throughout cottage country and build a stronger referral network between our two areas,” he says.

 

Merger will benefit ‘every single agent’ serving Central Ontario communities

 

Nimigon notes that Century 21 Canada has consistently provided support for their agents and owners, including through technology: “Their online tools are second to none and the personal backing we receive from their corporate head office has always been great. That tied in with one of the strongest brands in real estate is why we all choose C21.”

“We really encourage our brokers to find ways to collaborate and become stronger together,” says Todd Shyiak, executive vice president of Century 21 Canada.

“This merger will lead to a much stronger brand presence in Central Ontario which will benefit every single agent who serves those communities, and of course, Brandon and the leadership team at C21 Granite will have our full support as he brings these two brokerages together.”

 

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Venturon partners with Darabase Canada to offer real estate AR advancements and spatial web technology https://realestatemagazine.ca/venturon-partners-with-darabase-canada-to-offer-real-estate-ar-advancements-and-spatial-web-technology/ https://realestatemagazine.ca/venturon-partners-with-darabase-canada-to-offer-real-estate-ar-advancements-and-spatial-web-technology/#respond Tue, 27 Aug 2024 04:01:18 +0000 https://realestatemagazine.ca/?p=33909 By integrating advanced technologies, the collaboration seeks to redefine real estate, offering innovative solutions that benefit both property owners and the wider community

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Venturon Ltd., a Canadian-owned investment group focused on real estate technology start-ups, has recently partnered with Darabase Canada, a technology company specializing in immersive media for the spatial web (spatial out-of-home and permission-based augmented reality (AR) advertising).

Venturon brings decades of experience in various real estate sectors, integrating technology, products and services to create opportunities, efficiencies and investment returns. This is Darabase’s first such agreement in Canada since entering the market in February.

 

‘As AR and the spatial web advance, buildings, streets & landmarks will be transformed … reshaping our daily lives’

 

The collaboration merges each company’s expertise in AR advertising and managing property digital rights, an emerging asset class.

With the rise of AR-enabled devices and advances in the spatial web, the companies partnered to create new value for property owners across Venturon’s client and partner network.

“Real estate needs a new foundation, and technology is the key to unlocking its full potential,” says Deena Pantalone, founder and managing partner of Venturon. “Our partnership with Darabase aligns perfectly with our vision to rethink real estate. By leveraging Darabase’s expertise in AR and the spatial web, we’re paving the way for innovative solutions that benefit both property owners and the broader community.”

Peter Pinfold, CEO of Darabase Canada, notes that Venturon shares their vision that modern property ownership includes not just physical space but also property digital rights: “These rights enable property owners to protect, manage and monetize their digital assets, much like air and subterranean rights add value to traditional real estate.

The world is becoming a digital canvas for immersive brand experiences. As AR and the spatial web advance, our buildings, streets and landmarks will be transformed with dynamic, interactive content, reshaping our daily lives.”

 

Image: Darabase

 

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Humber College introduces scholarships to boost career transitions into real estate https://realestatemagazine.ca/humber-college-introduces-scholarships-to-boost-career-transitions-into-real-estate/ https://realestatemagazine.ca/humber-college-introduces-scholarships-to-boost-career-transitions-into-real-estate/#respond Tue, 20 Aug 2024 04:01:33 +0000 https://realestatemagazine.ca/?p=33817 Royal LePage Meadowtowne Realty Best and Brightest Scholarships support non-traditional learners committed to lifelong learning and are a stepping stone for future industry leaders

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Humber College Institute of Technology & Advanced Learning (Humber) recently announced new scholarships in the Real Estate Salesperson program that offer career transition opportunities.

The Royal LePage Meadowtowne Realty Best and Brightest Scholarships are the first scholarships to support learners in the program.

 

Helping to fund 16 students committed to lifelong learning, professional development and upskilling for two years

 

Kimberley Kenney received one such scholarship, which helped put her at ease with her plan to transition into real estate after over 12 years of working for international non-profit organizations in marketing and communications.

“It is an immense honour to be selected as a recipient,” says Kenney. “Ever since I can remember, I have been fascinated with real estate. The scholarship enabled me to pursue essential training and licensing programs that will build a solid foundation for my new career.”

Helping to fund non-traditional learners committed to lifelong learning, professional development and upskilling, the scholarships will be awarded to eight individuals per year over the next two academic years. Recipients must be top performers in the second of four exams in the Real Estate Salesperson program.

Erin Gray, associate dean, program delivery, education and training solutions (ETS), notes the importance of nurturing talent, promoting diversity and ensuring that the real estate sector continues to grow with skilled, informed and dedicated professionals. “Establishing scholarships for learners in the Real Estate Salesperson Program within the ETS department is not just an investment in education; it is an investment in the future of the industry and our communities.”

Alejandra Padron, another scholarship recipient, was inspired to specialize in real estate by her parents, who started their careers at Royal LePage Meadowtowne in the early 2000s.  

“My ultimate goal is to blend my background in urban planning with the hands-on, client-focused approach of real estate sales,” she says. “I aim to assist clients in finding their dream homes and also contribute to the development of sustainable, inclusive and thriving neighbourhoods.”

 

A scholarship that ‘looks beyond learners with the highest grade point average’

 

At a Humber event last month to celebrate the scholarship, broker of record/owner, Alex Ocsai, said one of the reasons Royal LePage Meadowtowne chose to establish the new scholarship program is to look beyond learners with the highest grade point average.  

“We want to support learners who excel in other areas, be it community work, sports, music — emerging leaders in the field who may one day give back to our communities.”

 

Photo: Humber.ca

 

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TRREB awards 7 students with its Past President’s Scholarship https://realestatemagazine.ca/trreb-awards-7-students-with-its-past-presidents-scholarship/ https://realestatemagazine.ca/trreb-awards-7-students-with-its-past-presidents-scholarship/#respond Thu, 15 Aug 2024 04:01:02 +0000 https://realestatemagazine.ca/?p=33746 “The longevity of this initiative is a testament to how the real estate industry truly cares about giving back and making a difference”

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The Toronto Regional Real Estate Board (TRREB) and its member realtors are supporting high school students pursuing post-secondary education with the TRREB Past President’s Scholarship.

Since the program’s 2007 inception, 73 students have received a total of $264,500 to put toward their futures.

 

‘TRREB member realtors are helping to open doors … empowering students to pursue their dreams’

 

To qualify, each student must write a compelling essay dealing with key issues in the real estate industry, and the winners can win one of two $5,000 first-place, $2,500 second-place, $2,000 third-place and $1,500 fourth-place prizes.

“TRREB member realtors are helping to open doors beyond real estate. We’re empowering students to pursue their dreams with our Past President’s Scholarship. The longevity of this initiative is a testament to how the real estate industry truly cares about giving back and making a difference,” says TRREB president, Jennifer Pearce.

 

Award-winning essays and their proposed industry solutions

 

First place

 

The first-place winners are Tejiri Inikori and Dev Katyal. Inikori’s essay addresses the challenges of housing affordability in the Greater Golden Horseshoe and the flexibility renting offers individuals and families. Inikori is heading to Queen’s University for its kinesiology program.

Katyal’s essay proposes three solutions to tackle the housing affordability crisis: revisiting zoning, more purpose-built rentals and providing support for vulnerable households. This fall, Katyal will study computer science at the University of Waterloo.

 

Second place

 

In second place are Daniel Tan and Jaden da Silva. Tan’s essay explores what’s needed to accommodate our growing population. Tan is attending the University of Western Ontario for computer science and Ivey Business School in the fall.

da Silva’s essay compares housing in Tokyo and Austria and how these regions address building more homes and affordability. da Silva will attend the University of Toronto and major in neuroscience and economics.

 

Third place

 

The third-place winners are Elisa Gabriele and Ethan Berger. Gabriele’s essay uncovers if the rental market is keeping up with the growing demand for housing. Gabriele will attend the University of Waterloo this fall for architectural engineering.

Berger’s essay discusses government and its efforts to get more shovels in the ground. Berger will attend the University of Guelph to study animal science.

 

Fourth place

 

Yulia Senyuk took the fourth-place award. Senyuk’s essay highlights the rising cost of renting and the impact this is having on consumer debt. Senyuk enrolled in the Schulich School of Business at York University.

 

Learn more about TRREB’s Past President’s Scholarship, including when to apply for the 2025 program.

 

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HPAR joins GDAR, RAGBOS and LAR as OnePoint Association of Realtors on October 1 https://realestatemagazine.ca/hpar-joins-gdar-ragbos-and-lar-as-onepoint-association-of-realtors-on-october-1/ https://realestatemagazine.ca/hpar-joins-gdar-ragbos-and-lar-as-onepoint-association-of-realtors-on-october-1/#comments Mon, 12 Aug 2024 04:01:02 +0000 https://realestatemagazine.ca/?p=33557 "This amalgamation marks a new chapter of collaboration and growth, ensuring that our members have access to the best tools, resources and representation”

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The Guelph & District Association of Realtors (GDAR), Realtors Association of Grey Bruce Owen Sound (RAGBOS) and The Lakelands Association of Realtors (LAR) recently announced that the Huron Perth Association of Realtors (HPAR) has officially joined the forthcoming amalgamation between GDAR, RAGBOS, and LAR.

They will form the new OnePoint Association of Realtors (OnePoint) effective October 1 this year.

“The inclusion of the Huron Perth Association of Realtors is a monumental step in strengthening our collective voice and enhancing the services we provide to our members,” says Dillon Fraser, president of GDAR.

“This amalgamation marks a new chapter of collaboration and growth for all involved, ensuring that our members have access to the best tools, resources and representation available in today’s dynamic real estate market,” Doug Pool, president of RAGBOS, adds.

 

‘Together, we are stronger and better equipped to meet the evolving needs of realtors and the clients they serve’

 

With the addition of HPAR, OnePoint will represent nearly 2,900 real estate professionals, making it the fifth-largest real estate board in Ontario.

“This synergy will allow for increased efficiencies, streamlined operations and a greater capacity to advocate on behalf of its members at all levels of government and within the broader real estate community,” Bonnie Looby, president of LAR, notes.

Teresa Ondrejicka, president of HPAR, explains that HPAR’s decision to join forces with neighbouring associations reflects its shared commitment to innovation, professional development and member success. “Together, we are stronger and better equipped to meet the evolving needs of realtors and the clients they serve.”

OnePoint echoed these sentiments, as noted by Katrina Steffler, executive officer of GDAR:

“By pooling our resources and expertise, OnePoint Association of Realtors will deliver enhanced services, cutting-edge technology and powerful advocacy that will empower our members to excel in their careers and drive positive change in the industry.”

 

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Engel & Völkers collaborates with Canva to offer its network E&V Create https://realestatemagazine.ca/engel-volkers-collaborates-with-canva-to-offer-its-network-ev-create/ https://realestatemagazine.ca/engel-volkers-collaborates-with-canva-to-offer-its-network-ev-create/#respond Thu, 08 Aug 2024 04:01:26 +0000 https://realestatemagazine.ca/?p=33470 “We’ve worked to tailor resources to meet some of the highest marketing standards in the industry and unique demands of luxury real estate marketing”

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Earlier this week, Engel & Völkers announced a new, first-of-its-kind strategic relationship with global visual communications platform Canva. The collaboration will offer Engel & Völkers’ network of brokerages and advisors tools designed to enhance their digital advertising and social media presence through video and more.

Every real estate professional affiliated with Engel & Völkers Americas has access to E&V Create powered by Canva, enabling them to easily create high-quality, engaging content, leveraging a library of thousands of Engel & Völkers templates that will be added to regularly. 

Engel & Völkers notes the initiative is part of its ongoing commitment to integrate innovative technologies that enhance the marketing capabilities of its real estate advisors.

“Engel & Völkers is dedicated to providing our advisors with the resources they need, especially in a highly competitive market. Recognizing that many real estate professionals already use Canva, we’ve chosen to align with this trusted platform to provide a next-level marketing solution,” says Jill DeSilva, senior vice president of product, Engel & Völkers Americas.

“The breadth and depth of Canva’s platform makes it perfectly suited for the real estate industry. Real estate professionals can easily create everything they need to market their properties and personal brands effectively and at scale, while brokerages can ensure their teams are producing high-quality content that’s consistently on-brand,” notes Rob Giglio, chief customer officer at Canva. “We’ve worked with Engel & Völkers to tailor resources to meet some of the highest marketing standards in the industry and the unique demands of luxury real estate marketing.”

 

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