Right At Home Realty
Encyclopedia
Right At Home Realty, Inc. (RAH) is the largest independent brokerage
at the Toronto Real Estate Board
(TREB) and had the number 1 selling office in TREB based on the number of sold homes in 2009. Modelled after Florida
-based Charles Rutenberg Realty, RAH's compensation package basically consists of 100% commissions
to the salesperson, while charging monthly and deal-closing fees. As a result, RAH claims to be TREB's fastest growing brokerage in the GTA
.
Right At Home's business model relies on volume. At the same time, RAH argues the model best fits the changing industry:
In addition to their corporate headquarters in Toronto, Right At Home has branch offices in Mississauga
/Brampton
, Richmond Hill, Ontario; Burlington
/Hamilton
, Oakville
, and Durham
.
Real estate broker
A real estate broker, real estate agent or realtor is a party who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy...
at the Toronto Real Estate Board
Toronto Real Estate Board
The Toronto Real Estate Board , founded in 1920, is the largest real estate board in Canada with over 28000 members. TREB's Multiple Listing Service is shared with boards in the surrounding area, namely the Brampton, Durham Region, Mississauga and Orangeville Real Estate Boards.The Toronto Real...
(TREB) and had the number 1 selling office in TREB based on the number of sold homes in 2009. Modelled after Florida
Florida
Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...
-based Charles Rutenberg Realty, RAH's compensation package basically consists of 100% commissions
Commission (remuneration)
The payment of commission as remuneration for services rendered or products sold is a common way to reward sales people. Payments often will be calculated on the basis of a percentage of the goods sold...
to the salesperson, while charging monthly and deal-closing fees. As a result, RAH claims to be TREB's fastest growing brokerage in the GTA
Greater Toronto Area
The Greater Toronto Area is the largest metropolitan area in Canada, with a 2006 census population of 5.5 million. The Greater Toronto Area is usually defined as the central city of Toronto, along with four regional municipalities surrounding it: Durham, Halton, Peel, and York...
.
Right At Home's business model relies on volume. At the same time, RAH argues the model best fits the changing industry:
- public access to the once proprietary information of the Multiple Listing ServiceMultiple Listing ServiceA multiple listing service is a suite of services that enables real estate brokers to establish contractual offers of compensation , facilitates cooperation with other broker participants, accumulates and disseminates information to enable appraisals, and is a facility for the orderly...
via www.realtor.ca - advances in technology enabling real estate agents to both work from homeTelecommutingTelecommuting or telework is a work arrangement in which employees enjoy flexibility in working location and hours. In other words, the daily commute to a central place of work is replaced by telecommunication links...
and be highly mobile - pervasiveness of Internet accessInternet accessMany technologies and service plans for Internet access allow customers to connect to the Internet.Consumer use first became popular through dial-up connections in the 20th century....
in CanadaCanadaCanada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
.
In addition to their corporate headquarters in Toronto, Right At Home has branch offices in Mississauga
Mississauga, Ontario
Mississauga is a city in Southern Ontario located in the Regional Municipality of Peel, and in the western part of the Greater Toronto Area. With an estimated population of 734,000, it is Canada's sixth-most populous municipality, and has almost doubled in population in each of the last two decades...
/Brampton
Brampton, Ontario
Brampton is the third-largest city in the Greater Toronto Area of Ontario, Canada and the seat of Peel Region. As of the 2006 census, Brampton's population stood at 433,806, making it the 11th largest city in Canada. It is also one of Canada's fastest growing municipalities, with an average...
, Richmond Hill, Ontario; Burlington
Burlington, Ontario
Burlington , is a city located in Halton Region at the western end of Lake Ontario. Burlington is part of the Greater Toronto Area, and is also included in the Hamilton Census Metropolitan Area. Physically, Burlington lies between the north shore of Lake Ontario and the Niagara Escarpment...
/Hamilton
Hamilton, Ontario
Hamilton is a port city in the Canadian province of Ontario. Conceived by George Hamilton when he purchased the Durand farm shortly after the War of 1812, Hamilton has become the centre of a densely populated and industrialized region at the west end of Lake Ontario known as the Golden Horseshoe...
, Oakville
Oakville, Ontario
Oakville is a town in Halton Region, on Lake Ontario in Southern Ontario, Canada, and is part of the Greater Toronto Area. As of the 2006 census the population was 165,613.-History:In 1793, Dundas Street was surveyed for a military road...
, and Durham
Durham, Ontario
Durham is a community in the municipality of West Grey, Grey County, Ontario, Canada. Durham is located near the base of the Bruce Peninsula.-Location:...
.
See also
- Canadian Real Estate AssociationCanadian Real Estate AssociationThe Canadian Real Estate Association represents over 100,000 Realtors across Canada.The Association owns the Multiple Listing Service or MLS trademark and the Realtor trademarks in Canada. Local real estate Boards or Associations operate a local data base under a licensing agreement with the...
- Ontario Real Estate AssociationOntario Real Estate AssociationThe Ontario Real Estate Association represents the 45,000+ real estate brokers and salespeople who are members of Ontario's 42 real estate boards. In addition, OREA provides all real estate licensing courses in Ontario through the Ontario Real Estate College.In 1922 a new organization was founded...
- Toronto Real Estate BoardToronto Real Estate BoardThe Toronto Real Estate Board , founded in 1920, is the largest real estate board in Canada with over 28000 members. TREB's Multiple Listing Service is shared with boards in the surrounding area, namely the Brampton, Durham Region, Mississauga and Orangeville Real Estate Boards.The Toronto Real...
- REALTORS Association of Hamilton-BurlingtonRealtors Association of Hamilton-BurlingtonThe REALTORS Association of Hamilton-Burlington is the 2nd largest real estate board in Ontario and the 7th largest in Canada, representing over 2400 members in Hamilton, Burlington and surrounding areas. The territory served, however, is not exclusive -- there is some overlap in marketing areas...
- Durham Region Real Estate Board
- Oakville, Milton, and District Real Estate Board