Tim Hudak, CEO of OREA, steps down

Earlier today, in an email to members of the Ontario Real Estate Association (OREA), CEO Tim Hudak confirmed he is leaving the association. His last day will be August 2, 2024.

He shared his gratitude and the accomplishments he helped with over his seven years in the role:

“I have been tremendously honoured to have spent the last seven years as the CEO of the Ontario Real Estate Association (OREA). When I was recruited to the job, as I was leaving my time in public office, I believed I would be here for about five years with a goal of delivering high-impact advocacy, greater profile for the organization and refreshed, practical products to support realtors as they connect people with a great place to call home.

Over the last seven years, we have accomplished many things together:

• OREA became Ontario’s leading champion for homeowners and those who aspire to join their ranks;
• Our powerful advocacy helped convince government to pass legislation to get more affordable homes built faster;
• The Trust in Real Estate Services Act (TRESA) made Ontario the North American leader in professional standards and consumer protection with new business tools for realtors including Personal Real Estate Corporations;
• The Ontario Realtor Wellness Program provides a safety net of health and insurance benefits to be there when realtors need it most. The ORWP is a first among professional associations in North America; and
• We streamlined OREA, reducing middle management and becoming a leading organization doing fewer things better.

With these successes in mind, earlier this year I advised the board of directors of my intention to leave OREA this summer. My last day will be August 2, 2024.

I want to take this opportunity to thank the OREA staff who at all times act with integrity, creativity, and in the best interests of our members. To the boards I have served, I thank you for your leadership in guiding staff to accomplish all of our goals. To the members, I thank you for the critical role you play in our day-to-day lives and the economy.  I admire your work ethic and your unmatched dedication to building strong communities.

Finally, I want to thank the MPPs and leaders of all parties — including Premiers Ford and Wynne — for their leadership, openness and drive to create more homeowners.

I will be forever a champion of the Canadian dream of homeownership and the extraordinary work Ontario realtors do in helping people get the keys to a great home.

I look forward to spending August with my family and tackling new adventures in the fall.

Sincerely,

Tim Hudak
OREA CEO”