Community https://realestatemagazine.ca/category/community/ Canada’s premier magazine for real estate professionals. Fri, 13 Sep 2024 18:25:52 +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 Community https://realestatemagazine.ca/category/community/ 32 32 How a near-death experience inspired realtor Ken Welte to become an emergency medical responder https://realestatemagazine.ca/how-a-near-death-experience-inspired-realtor-ken-welte-to-become-an-emergency-medical-responder/ https://realestatemagazine.ca/how-a-near-death-experience-inspired-realtor-ken-welte-to-become-an-emergency-medical-responder/#respond Mon, 16 Sep 2024 04:01:25 +0000 https://realestatemagazine.ca/?p=34387 After a life-threatening accident, Ken Welte wanted to give back — he now offers the same life-saving support that helped him and his wife survive

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Ken Welte, an agent with Sutton West Coast Realty, recently achieved his Emergency Medical Responder (EMR) certification and earned his Emergency Medical Assistance (EMA) license. This follows a life-changing experience in 2021 when Welte survived a serious ATV accident. 

Resulting from a deep desire to give back to those in need, Welte now volunteers as an EMR.

 

Welte’s story: Inspired by a near-death experience

 

On January 15, 2021, Welte and his wife, Laura, were involved in a near-death ATV accident that left them both in critical condition. Laura was airlifted to safety, while Welte was transported by UTV. He recalls the professionalism and dedication of the BC Emergency Health Services (BCEHS) and Nanaimo Search and Rescue (SAR) teams. 

“Their expertise and care were nothing short of life-saving,” he says. “The pain management provided by the BCEHS was crucial. Without it, an already horrific experience would have been unbearable.”

Welte’s mission as an EMR, inspired by the care he and his wife received, is to provide the same humane pain management care to others in their time of need. As a volunteer with SAR, he recognized the importance of being well-equipped with advanced skills and knowledge and so decided to pursue his EMR certification. 

After six months of study and training, Welte passed the EMA exam and earned his license. Today, he volunteers with SAR, responding to emergencies at least once a week, including swift water rescues and community mental health calls.

“This certification is just the beginning,” Welte emphasizes. “I’m committed to continuous learning and improvement so I can offer the best care possible to those in need.”

 

Photo: suttonspirit.com

 

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Garry Bhaura of CREA & Re/Max President Realty marks milestone birthday with community tree-planting event https://realestatemagazine.ca/garry-bhaura-of-crea-re-max-president-realty-marks-milestone-birthday-with-community-tree-planting-event/ https://realestatemagazine.ca/garry-bhaura-of-crea-re-max-president-realty-marks-milestone-birthday-with-community-tree-planting-event/#respond Thu, 12 Sep 2024 04:01:30 +0000 https://realestatemagazine.ca/?p=34317 “Each tree represents our commitment to nurturing the planet. Together, we are shaping a healthier environment for generations to come”

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Garry Bhaura, vice chair of the Canadian Real Estate Association (CREA) and broker of record at Re/Max President Realty, celebrated his 50th birthday through environmental stewardship with the planting of 50 trees at the Claireville Conservation Area in Brampton.

The September 6 event, organized in collaboration with the Toronto and Region Conservation Authority (TRCA) and the City of Brampton, aimed to combat climate change and promote a greener future.

The trees planted will enhance local biodiversity, provide essential green space and help mitigate the effects of climate change by sequestering carbon and improving air quality.

 

Significant for both the community and the real estate industry

 

The initiative was significant for both the community and the real estate industry. It attracted Bhaura’s friends, family, colleagues and community members — all committed to supporting environmental sustainability. 

Attendees included Brampton Mayor Patrick Brown, City Councillors Rod Power and Rowena Santos, Regional Councillor Gurpratap Toor, Member of Provincial Parliament Hardeep Grewal, Don Kottick, president of Sotheby’s International Canada, Larry Cirqua, CREA past chair, Winson Chan, Tridel VP of sales and CREA director, along with members of the Re/Max President Realty team. 

 

Reflecting on the event, Bhaura states, “Planting a tree is planting hope for a greener, more sustainable future. Each tree represents our commitment to nurturing the planet. Together, we are shaping a healthier environment for generations to come.

I’m deeply thankful to the Toronto and Region Conservation Authority, the City of Brampton and everyone who joined us in this meaningful endeavour.”

 

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Speaker lineup: Boost your business while making a real difference on Sept. 12 https://realestatemagazine.ca/speaker-lineup-boost-your-business-while-making-a-real-difference-on-sept-12/ https://realestatemagazine.ca/speaker-lineup-boost-your-business-while-making-a-real-difference-on-sept-12/#respond Mon, 09 Sep 2024 22:05:44 +0000 https://realestatemagazine.ca/?p=34238 Join us on Sept. 12 for an extraordinary virtual conference to boost your business and make a real impact—discover the surprise that awaits...

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On September 12th from 11 AM – 3 PM EST, you’re invited to join us for a virtual conference and be part of something bigger.

 

Grow your business while giving back: Help raise much-needed funds for SickKids Foundation

 

This isn’t just another conference. This is a chance to grow your business with insights from top-tier speakers while helping Bruce Johnson cross the finish line on his incredible mission to raise $1,000,000 for SickKids, in memory of daughter, Alyssa Rae Johnson.

 

Why this matters 

 

Bruce’s story matters. He’s raised $900,000 so far, and now he’s battling stage 4 lung cancer. With your help, we’re pushing to get him to that $1 million mark. 100 per cent of ticket sales go directly to the SickKids Foundation through Bruce’s campaign.  

Every speaker. Every bonus. Every dollar. All for a great cause. This is your opportunity to grow AND give back. 

Together, we can make a difference — for your business, for Bruce, and for kids in need of lifesaving care at SickKids. 

 

Speaker lineup

 

Check out our top real estate & marketing expert speaker lineup and walk away with actionable strategies to boost your business. 

 

Andrew Perrie

 

Andrew Perrie is a luminary in the realm of real estate who stands as a beacon of charisma, leadership and inspiration. With over five years of unparalleled experience, he has not only established himself as a triumphant real estate team leader but has also ascended to the pinnacle of oratory prowess, captivating and motivating audiences on stages of all sizes.

From his early days, Andrew’s innate ability to forge connections and genuinely understand clients’ needs sowed the seeds of his flourishing career. This passion evolved into the creation of his own real estate team in Niagara-on-the-Lake and Muskoka, where his unwavering dedication to both clients’ triumphs and the team’s expansion earned him acclaim as a charismatic and results-driven leader.

Beyond his undeniable real estate acumen, Andrew’s exceptional gift for simplifying intricate concepts and inspiring through his podcast, “That Fine Life,” further solidifies his standing. His influence extends to the digital realm, where he has amassed a substantial and engaged following, emphasizing the importance of personal branding in today’s digital landscape. Andrew’s journey is marked not only by personal achievements but also by his fervent commitment to mentoring aspiring real estate professionals, making him a true luminary in the industry.

 

Justin Konikow

 

Justin Konikow is a visionary leader and co-owner of Prime Real Estate Brokerage and PRIME Media Productions, where he’s known for turning the industry on its head with innovative strategies and a fresh perspective. With decades of experience in the real estate market, Justin has become a national thought leader and sought-after speaker, guiding agents, developers and investors on mastering the art of market domination. His expertise spans luxury and waterfront properties, commercial investments and cutting-edge media production, making him a triple threat in the industry.

Justin owns one of the only firms that touch all aspects of real estate, a concept he calls “focused diversification.” His firm handles residential, commercial, investment, agricultural, land and recreational properties, cross-pollinating clients across these asset classes to offer a truly comprehensive service. His team operates like a Navy SEAL unit, assembling a tactical group of specialists, tailored to each client’s needs, all guided by the same core values, mission statement and decentralized command.

Beyond his role as a top real estate agent, Justin is a successful entrepreneur, content creator, and host of the Prime People Podcast, where he dives into the intersection of real estate, entrepreneurship and personal development. His work is a blend of sharp business acumen and creative storytelling, leveraging the latest in technology and social media to reach and engage a global audience.

 

Kelley Skar

 

Kelley is a second-generation realtor, Max/Recruit real estate coach and real estate trainer with a proven track record, as well as an international speaker.

He knew early on in life that he was going to be an educator. Kelley started in university with the goal of becoming a high school teacher; however, life took him in a different direction. His passion for learning and educating has never left and as a result, he’s a dedicated learner and a student of history, business and life. His passion lies in high-level discussion around business strategies and helping agents & brokers build a bigger, better, highly profitable real estate business.

He has been married to his beautiful wife for over 17 years and they have smart, athletic and articulate 15-year-old twins. They enjoy hiking through the Okanagan, spending time at the beach and on the lake as well as travelling the continent and hopefully at some point, the globe. He loves to play golf, work out in the gym, hang out with friends and take in Green Bay Packers football games — as a huge fan.

One of his favourite quotes comes by way of Jocko Willink: “Getting better isn’t about a hack or a trick or one change that you need to make. Getting better is a campaign. It’s daily, weekly, an hourly fight. Against weakness, temptation & laziness. It’s a campaign of discipline. A campaign of hard work and dedication. It’s about getting up early, going to bed late and grinding out every second in between!”

 

Jess Lenouvel

 

Jess Lenouvel is a real estate marketing expert, founder of The Listings Lab and best-selling author of *More Money, Less Hustle: Becoming the 7-Figure Real Estate Agent.*

After spending 15 years in real estate, selling over $300 million worth of property, Jess hit a breaking point from the relentless hustle. Determined to find a better way, she dove into digital marketing and transformed her business into a scalable, sustainable model. In 2018, she founded The Listings Lab to help other agents do the same, teaching them how to market effectively and build successful, hustle-free businesses.

 

Tony Joe

 

Located in Victoria, British Columbia, Tony has been selling real estate since 1991 and has earned production awards including VREB Gold, Special Gold and President’s Awards as well as Re/Max Diamond, Circle of Legends and Western Canada Special Services Award (2009). Tony was president of the Victoria Real Estate Board in 2008 and of AREAA (the Asian Real Estate Association of America) Vancouver 2015-2019.

He’s an Instructor for the B.C. industry regulator (BC Financial Services Authority), a subject matter expert for the B.C. Real Estate Association and a certified coach for Richard Robbins International. Systems and processes allow Tony to run a hyper-productive yet small team while being massively active in his community, serving on several community boards and fundraising initiatives while balancing abundant family time and an exciting personal life. His radio show, The Whole Home Show, airs weekly on iheartradio.ca and its podcast can be found on iTunes and elsewhere.

 

The Leads are Sh*t

 

Taylor Hack

 

Taylor Hack is so dedicated to saving families from 3-star experiences in real estate that the team he leads, HACK&CO @ Re/Max River City, became the most-reviewed real estate team in Edmonton, Alberta on rankmyagent.com.

A passionate entrepreneur, Taylor is considered notable within the real estate industry for his creative business solutions and strategy. In less than three years, Taylor broke into the top 2 per cent of Re/Max Agents in the world and was asked to appear on stage throughout North America, featured as a Top-35-Under-35 in Real Estate Professional Magazine, and honoured as a finalist for Real Estate Innovator of the Year by Inman.

As a dedicated team leader, Taylor has helped HACK&Co teammates achieve rare experiences in real estate that are hallmarks of performance, such as making million-dollar listings and Top Teammate rankings and becoming strong providers for their families.

 

Andrew Fogliato

 

Andrew Fogliato has been in the real estate industry since you still had to physically print out six copies of an offer plus a clean one for the lawyer when the deal was done.

He’s worked as an agent, a trainer for one of the big brands, a proptech consultant, a marketer, a speaker and more.

Now he owns Just Sell Homes, a real estate marketing agency specializing in helping realtors grow their business, and RealEstateMagazine.ca, the premier news source for Canadian realtors.

 

Learn more or get your tickets for the Sept. 12th event.

 

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Join us for a life-changing event: How you can help Bruce Johnson hit $1 million for SickKids https://realestatemagazine.ca/join-us-for-a-life-changing-event-how-you-can-help-bruce-johnson-hit-1-million-for-sickkids/ https://realestatemagazine.ca/join-us-for-a-life-changing-event-how-you-can-help-bruce-johnson-hit-1-million-for-sickkids/#comments Mon, 09 Sep 2024 15:35:34 +0000 https://realestatemagazine.ca/?p=34205 Join us on September 12 for a day of learning, growth and giving back in support of Bruce’s mission for SickKids Foundation

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On September 12th, real estate professionals from across the country will come together for a virtual conference unlike any other. It’s your chance to grow your business, learn from the industry’s best and support a cause that touches the hearts of many.

Bruce Johnson is on a mission. Over the years, Bruce has raised almost $900,000 for the SickKids Foundation, helping fund the world-class care and groundbreaking research that SickKids is known for. But now, Bruce is facing his toughest battle yet: stage 4 lung cancer. Despite this, his goal is clear — to reach $1 million for SickKids.

 

Why you should attend

 

Not only will you walk away with practical insights to drive your business forward, but 100 per cent of your ticket purchase goes directly toward Bruce’s incredible cause. This is your chance to learn, grow and give back in a meaningful way.

We’ve lined up top-tier speakers who will deliver actionable strategies for success in today’s real estate market. And as a bonus, everyone who attends will receive exclusive offers and resources to help take their business to the next level.

The virtual event will run from 11 a.m. to 3 p.m. EDT on September 12th, giving you plenty of time to soak in the knowledge and connect with other like-minded professionals.

 

Here’s how you can make an even bigger impact

 

For those who want to do more, we’ve got something special. If you donate at least $500, you’ll get a private 1:1 session with one of our expert speakers. Whether it’s a consulting call or a training session for your team, this is an exclusive opportunity to get personalized advice that will take your business to new heights.

 

Why this cause matters

 

For Bruce, the journey to raise $1 million is personal. It’s a cause that hits close to home, and we’re all rallying behind him to help get there. Every dollar raised during this virtual conference will go directly to SickKids, ensuring that the hospital can continue its life-saving work.

Bruce has been a fixture in the real estate world for decades, and now is our chance to give back to someone who has given so much to our community.

 

How to register

 

Tickets are just $20, and it’s all going to an incredible cause. Visit Real Estate Magazine to grab your spot today. Together, we can help Bruce hit his $1 million goal and make a real difference for kids in need.

This September 12, be a part of something bigger. Get your ticket and join us for a day of learning, growth and giving back. Bruce’s mission is nearing its final chapter, and your support will help write a story of hope, resilience and generosity.

 

Sign up now and help us make history.

 

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Realtor Bruce Johnson’s final journey to raise $1 million for SickKids in memory of his daughter https://realestatemagazine.ca/realtor-bruce-johnsons-final-journey-to-raise-1-million-for-sickkids-in-memory-of-his-daughter/ https://realestatemagazine.ca/realtor-bruce-johnsons-final-journey-to-raise-1-million-for-sickkids-in-memory-of-his-daughter/#respond Fri, 30 Aug 2024 04:03:01 +0000 https://realestatemagazine.ca/?p=34012 Discover how Johnson’s determination and love for his late daughter, Alyssa Rae, have impacted children’s healthcare and how you can help

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Bruce Johnson, realtor and salesperson with Wasaga Bay, Ontario’s Re/Max By The Bay Brokerage has been a strong supporter of the Children’s Miracle Network and brought in hundreds of realtors worldwide to support their children’s hospitals.

 

A heartbreaking journey

 

As his career began in 1997, Johnson signed up to be a Miracle Agent for the Children’s Miracle Network, donating a portion of every home sale to his local children’s hospital. Shortly after, he and his wife, Mary, learned that they were expecting their firstborn child.

Alyssa Rae was born on November 17, 1998, and was immediately rushed to the Neonatal Intensive Care Unit at SickKids Hospital in Toronto with a rare condition known as omphalocele, where organs had grown outside of her body. Her condition was further exacerbated by an exposed heart and issues with her lungs and brain. After three weeks of fighting for her life, on Sunday, December 6, Alyssa passed away.

“We had her for 20 days, and that itself is a miracle. Without SickKids, that would not have happened,” shares Mary.

Mary and Johnson welcomed their second daughter, Holly, and youngest, Jocelyn. Both children also needed treatment from SickKids.

 

Turning grief into action: The birth of ‘Motorcycle for Miracles’

 

In 2013, a promise made during one of Holly’s eye surgeries at SickKids turned a planned father-daughter adventure into a fundraiser in memory of Alyssa known as “Motorcycle for Miracles.”

Fundraising began in Wasaga Beach and included the pair riding their motorcycle to Costa Rica to raise money for the Alyssa Rae Johnson Fund at SickKids, supporting high-priority needs in medical research, education and patient care — from stubborn cancers and involved heart conditions to rare diseases and more.

Realtorscare.ca

 

Over the next six years, with the support of their whole family, Johnson and Holly took an additional two trips: Canada to Costa Rica was followed by Newfoundland to British Columbia and then the “Ends of the Earth” ride spanning the Americas — from the Northwest Territories to Argentina.

“These kids are the toughest human beings on earth. They really are. And they haven’t done anything to deserve to be in the hospitals,” says Johnson. “That’s the steel in our spines that kept us going through stuff that most people would stop for.”

 

60,000 kilometres for kids: Spreading hope across the Americas

 

Along their routes, Johnson and Holly met with local agents and brokerages at each stop, to speak with them about the impact of realtor-driven donations and raising money for the Children’s Miracle Network. They also encouraged realtors to start their own campaigns in support of local children’s hospitals.

In total, they rode 60,000 kilometres and raised $750,000 for the Children’s Miracle Network to support sick children everywhere.

In recognition of his worldwide impact, Johnson received a 2019 Good Neighbors Award from the National Association of Realtors in the United States (making him the only non-American recipient ever).

Following this, Johnson ventured on a final solo “Road to a Million” ride through Newfoundland and Labrador in 2022. He successfully raised $1 million for the Children’s Miracle Network — $865,000 of which went directly to the Alyssa Rae Johnson Fund at SickKids in Toronto.

 

Continuing the fight: Johnson’s promise despite his own battle

 

This past spring, the Johnsons again received devastating medical news: Bruce had non-operable, stage four lung cancer and his doctors didn’t know how much longer he had. He’s currently receiving targeted treatment to prolong his life.

 

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

 

A post shared by REALTORS Care® (@realtorscare)

 

While many in his position might slow down and take a step back from work and other commitments, Johnson has tirelessly continued to raise money and awareness of children dealing with severe health issues, despite his own prognosis.

“If I could, I think that I’d like to tell Alyssa about how awesome our Dad is,” says Holly. “I think that he deserves to know that she would be really proud of him and everything that he’s given for her memory.”

 

The final push to $1 million for Alyssa Rae

 

Johnson’s final goal is to see the Alyssa Rae Johnson Fund reach $1 million.

 

Realtorscare.ca

 

“We are so fragile, and these places put us back together, put these kids back together, are magically trying to put me back together,” he shares. “Even if the drugs are failing me, those will be my last days because that’s something that I really think is meaningful to leave that legacy behind. For Alyssa. I promised her, I can’t and won’t forget her.”

 

Learn more and support Johnson and his cause here.

 

Photo: Realtorscare.ca

 

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How realtors are empowering youth and making a difference at Camp Choice BC https://realestatemagazine.ca/how-realtors-are-empowering-youth-and-making-a-difference-at-camp-choice-bc/ https://realestatemagazine.ca/how-realtors-are-empowering-youth-and-making-a-difference-at-camp-choice-bc/#respond Thu, 29 Aug 2024 04:01:35 +0000 https://realestatemagazine.ca/?p=33988 “The impact of their work extends far beyond the camp, as the lessons learned and confidence gained will continue to influence these youth for (many) years”

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This year, Camp Choice BC brought together a group of realtors who volunteered their time and energy to make a lasting impact on the lives of at-risk youth. In six days, they immersed themselves in the camp experience, leading a series of empowering activities designed to build confidence, leadership and resilience among the participants.

 

A week of growth and adventure

 

The camp offered a wide range of activities that were both challenging and rewarding for the youth, including archery and horseback riding. Under the guidance of their realtor mentors, the youth learned to overcome initial fears and embrace the excitement of these activities.

One of the most transformative experiences of the camp was the high ropes course. This physically demanding challenge required the youth to confront their fears head-on, with the realtors offering support, encouragement and guidance throughout the journey.

 

Breaking through barriers

 

Another powerful activity was the board-breaking exercise, where youth were encouraged to write down things that were holding them back, whether it was fear, self-doubt or negative influences. With the support of their peers and mentors, they then physically broke through the boards, symbolizing their commitment to overcoming these barriers in their lives.

 

Tackling tough topics

 

The camp also provided important educational sessions on critical issues such as drug and alcohol use and self-harm. These sessions were designed to equip the youth with the knowledge and tools they need to make informed decisions and understand the consequences of harmful behaviors. Realtors led discussions, offering a safe space for the youth to ask questions, share their experiences and seek support.

 

Building leaders for the future

 

The camp also featured classroom sessions focused on leadership development. Led by the realtors, these sessions emphasized the importance of communication, teamwork and problem-solving. Through interactive exercises and discussions, the youth explored what it means to be a leader and how they can apply these lessons in their communities.

As well, realtors shared their own experiences, offering insights into how the skills learned at camp could translate into real-world success.

 

A commitment to community

 

Facilitators John Patricelli, Phil Moore, Xyrina Gutierrez, Celia Chiu & Chelsea Wiseman

 

Phil Moore, the camp’s vice chair and mentor, notes that realtors’ involvement in Camp Choice BC is a testament to their deep commitment to giving back to the community. “By taking time out of their demanding careers to mentor and guide these young people, they are making a profound difference in their lives,” he highlights.

“The impact of their work extends far beyond the camp itself, as the lessons learned and the confidence gained will continue to influence these youth for years to come. The camp continues to be a place where young people can discover their potential, build lasting friendships and develop the skills they need to succeed.”

 

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Unpacking entrepreneurship realities with Trevor Koot: Insights from the ‘Business is Fcking Hard’ podcast https://realestatemagazine.ca/unpacking-entrepreneurship-realities-with-trevor-koot-insights-from-the-business-is-fcking-hard-podcast/ https://realestatemagazine.ca/unpacking-entrepreneurship-realities-with-trevor-koot-insights-from-the-business-is-fcking-hard-podcast/#respond Tue, 27 Aug 2024 04:03:30 +0000 https://realestatemagazine.ca/?p=33890 Entrepreneurship isn't easy. Dive into the raw stories, practical advice and  surprising theme of “purpose before profits” that could redefine your approach to business

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I recently had the opportunity to sit down with Trevor Koot, the mind behind the Business is Fcking Hard podcast, to delve into the insights and experiences that shaped his journey. In our candid Q&A session, Koot shared the inspiration, challenges and personal stories that have driven the creation of his impactful podcast.

This conversation has excellent value for real estate agents and broker-owners, as we’re all entrepreneurs. And it’s hard.

 

The inspiration

 

When asked about the inspiration behind the Business is Fcking Hard podcast, Koot emphasizes the need for vulnerability among business owners. He recalls a pivotal moment in 2008 when, during a speech at the Provincial Chamber of Commerce in Saskatchewan (he had been nominated for an entrepreneurship award), he candidly declared, “Business is f*cking hard,” which was met with resounding applause.

This reaction underscored the shared struggles of entrepreneurs and the necessity for open conversations about the realities of running a business. His TED Talk further fueled the podcast idea, aiming to connect with business owners who often feel isolated in their challenges.

 

Relevance to realtors

 

The insights and experiences shared on the Business is Fcking Hard podcast are particularly relevant to real estate agents. Like other entrepreneurs, agents face the daily challenges of managing their own businesses — from financial stability and staffing decisions to maintaining morale and navigating the ever-changing market.

The podcast’s emphasis on vulnerability, shared struggles and practical lessons can provide valuable guidance and reassurance to real estate agents as they navigate the ups and downs of entrepreneurship.

 

A defining experience

 

Koot recounts a particularly tough day in his entrepreneurial journey when he had to lay off seven employees to save his company. This experience of grappling with unsustainable growth fueled by the belief that Silicon Valley popularized — “growth for growth’s sake” equals success — deeply impacted him.

Koot’s raw, honest and actionable blog posts have also chronicled the struggles of navigating the unpredictable waters of entrepreneurship, from facing financial instability to managing staff expectations and morale. Before the podcast, Koot wrote articles sharing these stories, setting the stage for the more expansive and personal format of podcasting.

 

Debunking misconceptions

 

Koot’s podcast delves into the difficult aspects of entrepreneurship, confronting common misconceptions.

Many people mistakenly believe that the entrepreneurial journey is easier for others while their own struggles are unique. By sharing raw and real stories, Koot aims to dispel this myth and foster a sense of solidarity among business owners.

 

A surprising theme underpinning success: Purpose before profits

 

One of the most impactful — and unexpected — themes Koot has identified after interviewing entrepreneurs is “purpose before profits.” This notion suggests that true entrepreneurs are driven by a deeper mission beyond mere financial gain.

For instance, Koot interviewed a health supplement company owner who prioritizes creating a healthier community over simply boosting sales figures. This purpose has worked to motivate him over all sorts of struggles. Another interviewee, a woman who founded a workwear company, started her business with the goal of making women feel comfortable and confident in their appearance and clothing — far beyond just turning a profit. Yet, she makes one. 

Research supports this concept of purpose-driven entrepreneurship. Studies have shown that businesses with a strong sense of purpose tend to outperform those solely focused on profits. For example, a study published in the Harvard Business Review found that companies with a clearly articulated purpose were more likely to achieve consistent revenue growth. Additionally, Deloitte’s Global Human Capital Trends report highlighted that purpose-driven companies often have stronger employee engagement, which in turn drives better business outcomes.

Koot’s exploration of this theme on his podcast serves as a powerful reminder to all entrepreneurs, including real estate agents, that a clear purpose can lead to more meaningful and sustainable success. By focusing on the broader impact of their work, real estate professionals can create lasting relationships with clients and contribute to the communities they serve.

 

The podcast’s influence on Koot

 

Hosting the podcast has profoundly influenced Koot’s approach to business and entrepreneurship.

Initially intended as a side project, the podcast has inspired Koot and motivated him to share what he’s learning more broadly. Despite selling his last companies in 2021 and becoming CEO of the British Columbia Real Estate Association in 2022, Koot remains connected to the entrepreneurial spirit.

 

Advice for aspiring entrepreneurs

 

Avoid the superficial success lure. When offering advice to aspiring entrepreneurs, Koot stresses the importance of avoiding the lure of superficial success. The entrepreneurial journey is often glamourized, especially in industries like real estate where success can sometimes appear effortless from the outside. However, true success requires dedication, hard work and a deep commitment to the craft of business. 

For real estate agents, this advice is particularly relevant as we’re bombarded with Million Dollar Listing and endless Instagram photos of real estate agents driving fancy cars or drinking expensive champagne. The allure of quick commissions and the perception of flexibility can overshadow the reality of what it takes to build a successful real estate business.

Koot advises agents to approach their work with the mindset of a business owner rather than just a salesperson. This means investing time in understanding the market, developing a solid business plan and continuously refining their skills.

Improve financial literacy. Moreover, Koot emphasizes the importance of financial literacy: “Financial literacy is crucial for real estate agents to thrive in their careers and maintain long-term success. Many agents overlook the importance of understanding their cash flow, tracking expenses and setting aside money for taxes and other obligations,” he notes.

Koot’s own admitted oversight on understanding his company’s cash flow is what led him to a variety of financial stresses. His podcast guests attribute part of their success to mastering financial basics, and he encourages agents to take note so they too can avoid common pitfalls like overspending during high-income periods or being caught off guard by tax bills.

The real estate market is constantly evolving, and agents must be prepared to navigate changes, whether they be economic downturns, shifts in consumer behavior or technological advancements.

 

By sharing raw stories of struggle and triumph, practical advice and insights on purpose-driven success, Koot offers a virtual support system for agents navigating the complexities of running their own businesses. In an industry where challenges can feel isolating, this podcast reminds you that you’re not alone.

 

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Royal LePage Shelter Foundation supports women with brain injuries from intimate partner violence with $75,000 https://realestatemagazine.ca/royal-lepage-shelter-foundation-supports-women-with-brain-injuries-from-intimate-partner-violence-with-75000/ https://realestatemagazine.ca/royal-lepage-shelter-foundation-supports-women-with-brain-injuries-from-intimate-partner-violence-with-75000/#respond Thu, 22 Aug 2024 04:01:38 +0000 https://realestatemagazine.ca/?p=33838 Funds will go towards a national shelter training program for front-line staff to offer better support

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With over 40 per cent of women in Canada reporting their experience of violence at the hands of an intimate partner, and nearly all of those women suffering at least one brain injury as a result, British Columbia-based charity Supporting Survivors of Abuse and Brain Injury Through Research (SOAR) is working to bring attention to this issue.

 

Grant of $75,000 to help the cause

 

The Royal LePage Shelter Foundation (RLSF) is supporting their work with a grant of $75,000. The funds will be used to help launch a training program for women’s shelters across Canada, equipping front-line staff with the knowledge and skills they need to better support women who’ve experienced a brain injury from intimate partner violence.

“When we first heard the horrifying statistics on how many women were suffering a brain injury from intimate partner violence and learned how many shelter workers still didn’t know how to recognize or respond to it, we knew this was a project we had to support as part of our commitment to helping women and children find safety and healing from domestic abuse,” says Lisa Gibbs, executive director of RLSF.

 

Project will help create new, standardized best practices in identifying and supporting survivors at a shelter

 

Karen Mason, co-founder and executive director of SOAR, expresses how grateful the organization is to RLSF for supporting such impactful work. They can’t wait to get started.

“This project has the potential to form the basis for new, standardized best practices in identifying and supporting survivors at what is often their first point of contact after leaving an abusive relationship — a shelter — leading to better outcomes overall,” Mason adds.

 

Photo: RoyalLePageLeadingEdge.ca

 

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Get involved: 17th ORCF Motorcycle Ride for Charity is this September https://realestatemagazine.ca/get-involved-17th-orcf-motorcycle-ride-for-charity-is-this-september/ https://realestatemagazine.ca/get-involved-17th-orcf-motorcycle-ride-for-charity-is-this-september/#respond Thu, 25 Jul 2024 04:01:31 +0000 https://realestatemagazine.ca/?p=33206 “It’s important that our community comes together to build awareness, raise much-needed funds and discuss the positive impact that realtors and industry can make”

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On September 12, 2024, the Ontario Realtors Care Foundation (ORCF) is holding its 17th Motorcycle Ride for Charity.

With a mission to enable and empower realtors across Ontario to fundraise in support of shelter-related causes in the communities in which they live and work, ORCF funds registered charities that improve the quality of Ontarians’ lives by providing refuge, a haven or another type of protection from the effects of hunger, the elements, abuse, disabilities and illness.

 

The event

 

Participants will choose to ride one of two routes this September. At the end, they’ll meet to end their day together in Peterborough over dinner.

While the full itinerary is still coming, the Eastern and Western routes are:

  • Ottawa — Smiths Falls — Kingston — Peterborough
  • Kitchener — Barrie — Peterborough 

 

 

Previous years help but need still great

 

In 2023, ORCF granted out over $1.8 million dollars in funds to over 170 organizations to support individuals who need it the most. This included the Motorcycle Ride for Charity’s best year ever, when it raised approximately $49,000.

And the need is great. In Ontario:

  • 45 per cent of tenant households spend 30 per cent or more of their total income on shelter — the highest rate in Canada.
  • Food bank use has increased 42 per cent over the past three years and a third of those visitors are using this service for the first time.

Source: Association of Municipalities of Ontario

 

Goal for 2024

 

This year, ORCF has set an ambitious goal to raise $52,000, which it will use to support shelter-related causes in Ontario.

“In 2023, the Foundation made a major impact on shelter and food insecurity in Ontario by donating $1.8 million to over 170 charitable organizations. But the need is great, and we can do more,” Shannon Ketelaars, ORCF’s executive director, explains.

She notes that skyrocketing housing costs and food inflation are causing more households to choose between feeding their families or putting a roof over their heads. “Now more than ever, it’s important that our community stays connected and comes together to build awareness, raise much-needed funds and discuss the positive impact that realtors and our industry can make through the work of the Ontario Realtors Care Foundation,” expresses Ketelaars.

 

Get more information, register to ride or pledge a rider here.

 

Image: Ontario Realtors Care Foundation

 

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The evolving role of property management: Simplifying life in residential communities https://realestatemagazine.ca/the-evolving-role-of-property-management-simplifying-life-in-residential-communities/ https://realestatemagazine.ca/the-evolving-role-of-property-management-simplifying-life-in-residential-communities/#respond Tue, 23 Jul 2024 04:03:22 +0000 https://realestatemagazine.ca/?p=33085 The modern concept of "home" goes beyond just a living space. Property management is evolving to support this, providing essential services and innovative solutions

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In recent years, the concept of “home” has taken on new meaning as a hub to live, recharge, work and play. That’s why residential communities have become even more appealing. They provide residents with convenient services and shared amenities that enhance community spirit and bring this modern concept of “home” to life.

However, managing such communities is an increasingly complex task, and this is where our industry has had to evolve to better serve our customers. 

 

More than just rule enforcers

 

Council/board members in residential communities play a crucial role in making essential long-term decisions to enhance property values and support resident well-being. Yet, as volunteers, they often lack the time and expertise required to handle the many aspects of community management.

That’s why today’s property management companies are more than just rule enforcers. The best of them build teams with diverse skills ranging from hospitality to technology, insurance, financial, operations, sustainability, training and development — not to mention expertise in complying with rapidly evolving regulations, at the federal, provincial and municipal levels. 

 

Professional insurance advice

 

For example, property insurance availability and premiums are important factors impacting condominium corporations and stratas. More than ever, council/board members need expert advice to secure the coverage they need.

Property management companies can play a crucial role by offering a team of insurance professionals to consult council/board members, even in evolving and volatile markets. These teams work with the goal of securing improved coverage to help corporations achieve savings in premiums, bringing peace of mind to councils/boards and residents in a shifting insurance environment. 

 

EV charging

 

Another example is EV (electric vehicle) charging, which is becoming an expectation and an essential utility. Communities are looking for guidance and support to update their electrical and parking infrastructure, so they provide that amenity in a sustainable, easy-to-manage and cost-effective manner.

Property management companies need to be equipped with the resources, relationships and expertise to deliver custom solutions for each community. 

 

Expert guidance to drive energy savings & comply with new regulations

 

When it comes to sustainability in general, properties need expert guidance to drive energy savings and to comply with new regulations. This requires market-level experience to leverage local incentives and secure funding for extensive capital projects.

For example, a 500-unit condominium community in Toronto recently implemented an extensive energy-saving capital project. Their property management team identified a Save on Energy incentive program called BizEnergySaver, which offers substantial incentives for installing LED and lighting control upgrades, parking garage exhaust fan controls and variable frequency drives. After applying for the program, the community secured $35,000 in incentives, so the capital cost was dramatically reduced from $51,000 per year to $17,000. 

 

Technology: An essential tool to the business

 

While our business is about relationships, technology is also an essential tool that can save time and improve the resident experience. Each community has unique needs and requires custom technology solutions to operate seamlessly — from security to package management and reserving amenities to managing billing.

In Vancouver, for example, communities are simplifying operations with technology designed to reduce emails and provide owners and residents with quick answers to general inquiries on accounts and payments, maintenance, document requests, strata lot renovation requests and more. This tool immediately reduces the time managers spend on recurring questions so they can focus their time engaging with strata councils/boards and residents, providing thoughtful service and support. 

 

Education investment: Key to setting up the new generation for success

 

As I think about the future, I’m excited to see a new wave of homeowners taking on leadership roles in their corporations. In markets such as Vancouver, more first-time homebuyers are moving into high-rises and joining their strata councils/boards.

To set this new generation of strata council/board members up for success, property management companies must invest in council/board education programs to develop their skills. That includes dedicated webinars, training and continuing education to help both new and seasoned council/board members learn and navigate change.

 

Good property managers, including those working with developers, need a varied team of experts

 

These examples support my view that a good property manager always has a team of experts in different fields to offer comprehensive solutions. That means providing council/board members with resources to make decisions that put residents and owners’ interests first.

This also applies to property management companies working with developers. Each developer has a unique vision for their community and the resident experience. The property management company can set the developer and residents up for success from the initial planning stages to the eventual transition to the condominium council/board.

 

As the industry evolves, property management needs to be about simplification. By providing expertise, anticipating needs and offering innovative solutions, our industry needs to make life easier for council/board members, developers, residents and property management teams alike. 

It’s clear that professional property management will continue to play a vital role in creating thriving, harmonious communities that residents are proud to call home, however they choose to define it.

 

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