#10773019 - 02/25/26 07:16 AM
Re: dat real estate v.2021
[Re: Screamin' Type-R]
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9609
Loc: Toronto, ON
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Starting to hear this week about RE's 'parking' their licenses ..
AI Overview Parking a real estate license in Ontario means transferring your registration to a brokerage that is not a member of real estate boards or associations (like CREA and OREA), allowing you to avoid high annual dues while keeping your license active with RECO. This option is ideal for taking a break, as you can still earn commissions on referrals and, in some cases, trade directly. http://www.realestateparking.ca Key Aspects of Parking a License in Ontario: Costs: Instead of thousands in board fees, parking typically costs a small annual fee (e.g., $100–$130/year) + E&O insurance. Restrictions: You generally cannot access the MLS system, cannot call yourself a REALTOR®, and may not represent buyers/sellers directly (depending on the brokerage). Process: The transfer is handled online via RECO's portal, often in as little as 30 minutes. Requirements: You must still pay for your RECO license renewal and complete mandatory continuing education. http://www.realestateparking.ca Where to Park Your License: Companies such as Karma Realty Inc. (realestateparking.ca), MyLicense Canada, and Net More Real Estate offer these services.
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#10773379 - 02/26/26 09:26 AM
Re: dat real estate v.2021
[Re: furball]
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Hatorade
pheggit
Post Master Supreme
Registered: 11/05/99
Posts: 26935
Loc: Toronto, ON
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Starting to hear this week about RE's 'parking' their licenses .. AI Overview Parking a real estate license in Ontario means transferring your registration to a brokerage that is not a member of real estate boards or associations (like CREA and OREA), allowing you to avoid high annual dues while keeping your license active with RECO. This option is ideal for taking a break, as you can still earn commissions on referrals and, in some cases, trade directly. http://www.realestateparking.ca Key Aspects of Parking a License in Ontario: Costs: Instead of thousands in board fees, parking typically costs a small annual fee (e.g., $100–$130/year) + E&O insurance. Restrictions: You generally cannot access the MLS system, cannot call yourself a REALTOR®, and may not represent buyers/sellers directly (depending on the brokerage). Process: The transfer is handled online via RECO's portal, often in as little as 30 minutes. Requirements: You must still pay for your RECO license renewal and complete mandatory continuing education. http://www.realestateparking.ca Where to Park Your License: Companies such as Karma Realty Inc. (realestateparking.ca), MyLicense Canada, and Net More Real Estate offer these services.
This has always been a thing. Over 70,000 realtors alone in Toronto. Less than 4000 homes sold each month. You do the math.
_________________________
'07 997.1 GT3 '08 E90 M3 '11 E90 d '02 Rota Grid - 195-55-16FR (RIP) '04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi) I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr
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#10773742 - 02/27/26 10:38 AM
Re: dat real estate v.2021
[Re: Hatorade]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 108771
Loc: Barrie, Ont,
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Back to selling essentials oils on Facebook until the market picks up
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-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#10773788 - 02/27/26 12:10 PM
Re: dat real estate v.2021
[Re: furball]
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Eddie_82
miataist
Post Master Supreme
Registered: 01/09/03
Posts: 38132
Loc: Ca�ada
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#10773822 - 02/27/26 03:31 PM
Re: dat real estate v.2021
[Re: Eddie_82]
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Risky Business
Post Master Supreme
Registered: 05/17/10
Posts: 47549
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#10808908 - 07/21/26 08:49 AM
Re: dat real estate v.2021
[Re: furball]
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Risky Business
Post Master Supreme
Registered: 05/17/10
Posts: 47549
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John Tsai? Good dude.
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#10811291 - 08/02/26 12:52 PM
Re: dat real estate v.2021
[Re: furball]
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Risky Business
Post Master Supreme
Registered: 05/17/10
Posts: 47549
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lol, meanwhile my draft condo ranking tool is finally at a point where it's starting take shape. Way more complicated than i thought.
didn't have it on my bingo card i'd become a vibe coder in middle age, but here we are.
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#10813717 - 08/13/26 03:54 PM
Re: dat real estate v.2021
[Re: furball]
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Risky Business
Post Master Supreme
Registered: 05/17/10
Posts: 47549
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Meeting with lawyer tomorrow and have first insurance company on deck for September that wants to preview the tool for their risk underwriting. Second full time job inbound.
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#10814666 - 08/18/26 06:56 AM
Re: dat real estate v.2021
[Re: Risky Business]
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Screamin' Type-R
The R stands for exactly what you think it does.
Post Master Supreme
Registered: 02/20/01
Posts: 48207
Loc: T.O. - Canaduh
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#10818429 - 09/03/26 06:54 AM
Re: dat real estate v.2021
[Re: Eddie_82]
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Risky Business
Post Master Supreme
Registered: 05/17/10
Posts: 47549
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99% person who bought it has to sell their house and the purchase of the house with escape clause in conditional on the buyer selling their house. If they don't sell by a certain time the deal falls apart. On the flip side, if a new buyer was interested they can make an offer on the house with EC clause and the other buyer has 48 hours to firm up or the 2nd buyer has the right to buy it.
You don't see it often because mostly desperate sellers take it, makes no sense to agree to these. They were popular a few decades back and are normal outside of the GTA.
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#10819993 - Today at 10:01 AM
Re: dat real estate v.2021
[Re: loudsubz]
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Risky Business
Post Master Supreme
Registered: 05/17/10
Posts: 47549
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It's addictive (for me).
It's definitely not easy if you are actually trying to build something and you really have to learn how to navigate token spend and what model to use for what task or you can burn thousands of dollars in tokens a week. I've been watching a lot of AI Engineer YT videos to learn the basics, all I can say is I have a deep appreciation for what good software developers do, it's pretty complicated.
If you have something you want to try and 'build' you should try, there is zero downside to trying to learn the basics on how to deploy code, etc. My prior experience is just programming in high school (Turing), and building some lame HTML geocities websites back in the day, so I basically know nothing.
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#10819994 - Today at 10:02 AM
Re: dat real estate v.2021
[Re: Risky Business]
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Risky Business
Post Master Supreme
Registered: 05/17/10
Posts: 47549
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On YouTube search AI Engineer Grill me skill, and take that into claude code to start a project. You are working backwords to wireframe and architect what you are trying to do and the code takes care of the rest when you set the right parameters and constraints.
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