Saskatchew­an RE­AL­TOR® As­so­ci­a­tions com­plete amal­ga­ma­tion

The Southwest Booster - - BIRTHS - SUB­MIT­TED

Saskatchew­an RE­AL­TORS® signed the dot­ted lines on April 18 to make it of­fi­cial – in Jan­uary 2020 the As­so­ci­a­tion of Saskatchew­an RE­AL­TORS® (ASR), the As­so­ci­a­tion of Regina RE­AL­TORS® (ARR) and Saska­toon Re­gion As­so­ci­a­tion of RE­AL­TORS® (SRAR) will amal­ga­mate to form a sin­gle RE­AL­TOR® as­so­ci­a­tion in the prov­ince. The three as­so­ci­a­tion pres­i­dents signed an amal­ga­ma­tion agree­ment fol­low­ing the ASR An­nual Gen­eral Meet­ing in Regina.

On March 19, 2019, RE­AL­TORS® from across the prov­ince came to­gether and voted over 80 per cent in favour of a sin­gle as­so­ci­a­tion. The new en­tity, to be called Saskatchew­an RE­AL­TORS® As­so­ci­a­tion (SRA) will come into ef­fect on Jan­uary 1, 2020.

For years, or­ga­nized real es­tate has been com­ing to­gether to im­prove ser­vice of­fer­ings and ef­fi­cien­cies for RE­AL­TORS® and home buy­ers and sellers through­out the prov­ince. From a one- time high of 11 as­so­ci­a­tions within the prov­ince, the current de­ci­sion will cre­ate one sin­gle pro­vin­cial as­so­ci­a­tion, in ad­di­tion to RE­AL­TORS® As­so­ci­a­tion of Lloy­d­min­ster and Dis­trict, who, while in favour of the amal­ga­ma­tion, will not par­tic­i­pate due to their du­al­provin­cial­ity.

While the con­cept of sin­gle as­so­ci­a­tions has been pur­sued for sev­eral years, in­clud­ing two previous failed at­tempts in Saskatchew­an, the success of the March 19 vote will put Saskatchew­an RE­AL­TORS® As­so­ci­a­tion un­der the mi­cro­scope across North Amer­ica.

“Real es­tate as­so­ci­a­tions from across the coun­try, and into the U.S. are com­ing to us to learn what we’ve done dif­fer­ently to make the vote suc­cess­ful this time around,” says ASR Pres­i­dent and Swift Current RE­AL­TOR® Ter­essa Mannle. “Our staff has been en­gaged in speaking events across the coun­try to share our story, and other as­so­ci­a­tion lead­ers have in­formed us that we will be watched with in­ter­est ev­ery step of the way to de­ter­mine the out­come of this ini­tia­tive. But we have a solid busi­ness plan, and we’re con­fi­dent that this will be a success story.”

From a na­tional per­spec­tive, Saskatchew­an has a rel­a­tively small mem­ber­ship of close to 1,600 RE­AL­TORS®. As tech­nol­ogy be­comes more preva­lent in the in­dus­try, so does the capacity to pro­vide vir­tual tools re­motely. Ac­ces­si­bil­ity is no longer an issue in pro­vid­ing ser­vices prov­ince-wide. The ben­e­fits of com­bin­ing re­sources will al­low a sin­gle as­so­ci­a­tion to re­main in­no­va­tive and com­pet­i­tive and help pre­pare it for fu­ture success.

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