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Layoffs hit the Canadian Real Estate Industry

The Canadian economy is not as strong as it was. With recent lay-offs in the tech space, it was only a matter of time before job losses started to hit the Canadian Real Estate industry.

The first round of lay-offs appears to be within the head office of new real estate industry disrupter "Properly". A real estate company with a unique value proposition of guaranteeing the sale of your home before purchasing your new one.

In this video, Surrey REALTOR® Steve Karrasch of Macdonald Realty touches on the recent article linked below and his beliefs on why so many new age real estate companies will fail and why the "big brands" will remain dominant.

Article: https://betakit.com/properly-secures-36-million-cad-pulls-back-on-geographic-expansion-plans-as-canadian-housing-market-cools/
Properly: https://www.properly.ca/

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