When it comes to Regina’s real estate market, perception does not match reality, says the new president of the Association of Regina Realtors, Tim Chicilo.
“Currently we have a high inventory of homes for sale, but people are mistaking that for the market being slow. Public perception is that prices are down 20 per cent in the last year, but it’s actually only 3.5 per cent. Sales are still strong – in line with recent years’ levels – and I see that continuing for 2015.”
Chicilo grew up in Canora, moving to Regina for university in the late ’80s. Before becoming a Realtor in 2007, he spent 14 years in retail, owning a ski and bike shop and a clothing store. Along with coaching his kids’ sports teams, Chicilo has made time to serve on several boards, including the ARR’s Board of Directors since 2009.
A Realtor with RealtyOne Real Estate Services, Chicilo will serve as ARR president for one year. Joining him on the 2015 ARR Board of Directors: president-elect Rick Miron, Re/Max Crown Real Estate; past-president Basil Pappas, Re/Max Crown Real Estate; Margarita Parisone, Royal LePage Regina Realty; Marina Rist, Realty Executives Dale Ripplinger & Associates; Jason Cossette, Re/Max Crown Real Estate; Brin Werrett, Royal LePage Regina Realty; Tim Otitoju, Platinum Realty Specialists; and Darren Bostock, Global Direct Realty.
