Realtor.ca Canada Inc. has officially launched the recruitment process for a permanent CEO, who will lead the platform as a standalone subsidiary of the Canadian Real Estate Association.
The board of directors released a statement Wednesday that it’s actively seeking candidates.
“We are excited to begin this search and identify the leader who will guide Realtor.ca through its next phase of development,” said David Oikle, board chair.
“This appointment will be pivotal to advancing our strategic growth and continued innovation.”
Patrick Pichette currently serves as interim CEO.
With a market share sustaining close to 50% year-after-year, Realtor.ca is poised to launch a new chapter, it said, offering “significant opportunities for revenue diversification, leveraging emerging technologies, and deepening consumer trust.”
This CEO search will be led by Toronto-based The Leadership Agency, which has a track record of recruiting executives for high-growth companies, nonprofits, and mission-driven organizations.
Applications are now open. The board says it anticipates making an appointment later this fall.
Realtor.ca’s transition
Until recently, Realtor.ca operated as a not-for-profit, but with growing competition and rising costs, CREA said it saw a need to rethink its approach.
By transitioning to a for-profit model, it believes the platform can unlock new revenue streams and reduce its reliance on member dues, reinvesting profits back into the platform.
Already, Realtor.ca has appointed six members to its board.
