As of January 3rd, significant changes are reshaping the landscape of the real estate market in Canada, particularly impacting how off-market listings are marketed. These alterations, outlined by the Canadian Real Estate Association (CREA), are set to influence the way listings are handled on platforms like BrokerPocket.Before we dive in, it’s important to note that BrokerPocket will continue to operate under the new CREA Cooperation policy. BrokerPocket will implement technological updates to help agents adhere to the changes with CREA, and operate as “business as usual”.
We're thrilled to share that BrokerPocket, Canada's leading off-market real estate platform, is taking a giant leap forward. In direct response to valuable user feedback, we're proud to announce a significant expansion. Now, for the first time ever, our platform is opening its doors to rental listings, serving both residential and commercial properties. What's even more thrilling is the introduction of our seamless "Convert to Lease" feature, simplifying the process of transitioning your for-sale listings into lucrative rental opportunities.
Networking is one of, if not the most important skill that a real estate agent can develop. It is the basis on which an agent can acquire clients, collaborate with other professionals, and find properties to buy or sell that other people haven't heard of yet. Networking is everything. In this article, we are going to outline five great ways to network and grow your business.
This case study provides Real Estate Agents across Canada with valuable insights into successfully handling the sale of a divorce property. It focuses on navigating the complexities of the process while maintaining confidentiality and privacy for the divorcing couple. By following the strategies outlined in this case study, agents can effectively guide their clients, foster cooperation, and achieve equitable outcomes within the framework of federal divorce laws applicable throughout Canada,while keeping in mind the specific regulations at the Provincial and property level.
Assignments are becoming more and more popular. Toronto and Vancouver are two very popular Canadian cities where assignments are commonplace, but... what is an assignment?
RESO® (Real Estate Standards Organization) is the go-to resource for the establishment of new standards-based systems across the World. Its standards are at the core of the majority of real estate listing organizations in North America, including (but not limited to): CREA (Canadian Real Estate Association); ITSO (Information Technology Systems Ontario), and; US based National Association of REALTORS® (NAR).
As we reach the midway point of 2023, we are thrilled to share with you the incredible progress and achievements BrokerPocket has accomplished since January. From expanding our network of brokerages to welcoming a multitude of agents, BrokerPocket has experienced remarkable growth. Let's recap the highlights of our journey so far and showcase the exciting opportunities that lie ahead.
Simply put, the policy will make it an ethical obligation for real estate professionals to place their listings on MLS within three (3) days of publicly marketing a residential property.
BrokerPocket is collaborating on a new initiative with the Diamond & Diamond Real estate division. Eric Skicki, CEO of BrokerPocket and Joseph Berljawsky, the head of Diamond & Diamond Real Estate division, are working together to build the industry's first free legal chat service for real estate agents. This new service will be launching in the coming months and will allow agents to chat with lawyers on the BrokerPocket platform to answer any legal questions they may have regarding real estate.
Exclusive listings are gaining in popularity in response to the drastically shifted market conditions. An exclusive listing, also referred to as a “pocket listing” is an off-market property that is not publicly posted on the multiple listing service (MLS®).
The launch of BrokerPocket 2.0 takes the platform further where individuals will be able to sell, buy and connect with other real estate professionals. The new Connect feature allows real estate professionals across Ontario, and soon to be all of Canada and the United States, to network. This is a feature the founder and CEO of BrokerPocket, Eric Skicki, believes will unite a fragmented market in which real estate professionals are often restricted to practicing in their designated areas and allocated boards.