EPISODE · Oct 3, 2025 · 24 MIN
The iPro Realty Collapse and What It Means for Realtors | Episode 182
from David and David on Real Estate · host David and David on Real Estate
In this episode of David and David on Real Estate, hosts David Kormann and David Gorski break down the shocking closure of iPro Realty, one of Ontario’s largest brokerages. With $8–10 million in missing trust funds and thousands of agents left scrambling, this incident has raised serious questions about the role of discount brokerages, regulatory oversight by the RICO Act, and the future of trust in the real estate industry. The Davids share insights on what went wrong, what it means for agents, and why every realtor should pay attention to this story.SUBSCRIBE TO THE PODCAST ► https://www.youtube.com/kormans🔗 Get a free consultation: https://linktr.ee/Kormans📖 Grab a Copy of My New Book: https://www.thebible3.com/✔ INSTAGRAM: https://www.instagram.com/kormansllp/✔ TIKTOK: https://www.tiktok.com/@kormansllp✔ TWITTER: https://www.twitter.com/kormansllp✔ FACEBOOK: https://www.facebook.com/kormansLLP✔ LINKEDIN: https://ca.linkedin.com/company/kormansllp
What this episode covers
In this episode of David and David on Real Estate, hosts David Kormann and David Gorski break down the shocking closure of iPro Realty, one of Ontario’s largest brokerages. With $8–10 million in missing trust funds and thousands of agents left scrambling, this incident has raised serious questions about the role of discount brokerages, regulatory oversight by the RICO Act, and the future of trust in the real estate industry. The Davids share insights on what went wrong, what it means for agents, and why every realtor should pay attention to this story.SUBSCRIBE TO THE PODCAST ► https://www.youtube.com/kormans🔗 Get a free consultation: https://linktr.ee/Kormans📖 Grab a Copy of My New Book: https://www.thebible3.com/✔ INSTAGRAM: https://www.instagram.com/kormansllp/✔ TIKTOK: https://www.tiktok.com/@kormansllp✔ TWITTER: https://www.twitter.com/kormansllp✔ FACEBOOK: https://www.facebook.com/kormansLLP✔ LINKEDIN: https://ca.linkedin.com/company/kormansllp
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The iPro Realty Collapse and What It Means for Realtors | Episode 182
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