by Jordana Springgay | Nov 17, 2022 | News
QUICK HITS Toronto-based brokerage, Properly, is laying off 71 employees. In a letter to staff, CEO Anshul Ruparell says he grew the company too fast — and cited real estate’s changing landscape as the reason behind the layoffs. Since it was founded...
by REM Editorial Team | Oct 7, 2021 | News
Properly has formed a partnership with real estate TV personalities Drew and Jonathan Scott. The Scott Brothers are directly investing in the company. “Properly is changing the home-buying experience in Canada for the better, and we’re thrilled to provide our...
by REM Editorial Team | Jul 30, 2021 | News, Technology
Properly, which calls itself “the Canadian tech-enabled real estate brokerage,” recently announced that it has secured $44 million in Series B financing to fuel a national expansion. Bain Capital Ventures led the financing, joined by strategic investors Intact...
by Brian Bell and Bruce Atyeo | Jul 20, 2021 | Columnists, Featured, Technology
Disruption tools have the potential to dramatically change the face of the real estate industry. Nowhere is there a better example of real estate disruption than Zillow in the United States and their “Zestimate”, an automated property valuation (APV) that has been at...
by Brian Bell | May 20, 2021 | Columnists, Featured
The persistent housing affordability crisis has haunted the dreams of would-be homeowners in major urban markets across the country for decades. In particular, the Greater Toronto Area (GTA) and the perennially hot Vancouver and surrounding Lower Mainland markets have...
