How long does it take to set up a real estate brokerage?
Our onboarding process has been fine-tuned to be as efficient as possible. The length of time it takes differs between new brokerages and transferring brokerages. Transferring brokerages take up to one week to set up, whereas new brokerages can take four to six weeks.
Will you do the corporate tax return for our company?
No. We will provide all necessary financial statements to your company’s Accountant and correspond as needed to help him/her complete the year-end. We'll also post all the journal entries to the accounting software.
We will print the cheque and then you can choose between having us either 1) notify the agent or client to come to our office to pick it up, or 2) mail the cheque to the Landlord directly.
Where do the deposits get dropped off?
Agents can drop their deposit cheques off at any one of our nine offices in the GTA —with our offices reaching as far as Barrie in the North, Oshawa in the East, and Burlington in the West. Or, agents can make a direct deposit and send verification of the deposit.
06. Financial Records
How often are my financial records prepared?
A financial package (including P&L Statement and Balance Sheet) is prepared for clients on a monthly basis. However, clients are welcome to request a different preparation frequency that meets their needs. Refer to Accounting & Bookkeeping.
