There has been a lot of negative media attention over the past few weeks regarding the collapse of IPRO brokerage here in Mississauga. IPRO was one of the largest real estate brokerages in Ontario by agent count and ran a low cost model for agents, most of whom were part time and didn’t do one transaction in a year. This issue has resulted in the brokerage closing and charges being laid regarding trust moneys that were misappropriated.
The landscape of brokerages and realtors can be quite complex, and it’s important for the public to consider several factors as they decide who should represent them and their family when buying or selling a home.
Expertise, reputation and reviews, negotiation skills and experience; a relationship with the fiduciary duties of a realtor and legal compliance knowledge-all these important- all come with experience and tenure in the industry.
The Larose team has been in business for 25 plus years when Kevin started, there were no more than 30,000 agents in Ontario - now there are 110,000. Along with this growth has emerged many different brokerages/models. From our journey starting with Remax to Keller Williams (both American companies) and now to partnering with Royal Lepage, we are proud to share the same values of excellence, trust and empathy with Canadas largest national real estate company.
Whether you are assessing market trends, exploring financing options, or planning your next move, we would look forward to the opportunity to earn your trust.
Sincerely,
Kevin & Marlene Larose
