With our calendars having flipped to May, Toronto’s real estate community is anticipating the third annual “State of the Market” event on Thursday, May 9, hosted by RAD Marketing. The event, to be held at Cineplex Queensway at 1025 The Queensway, is subtitled “The Revolution,” particularly looking at pre-construction markets and Artificial Intelligence. This exclusive agent-only gathering has drawn in over 1,200 agents over the years, and hundreds are expected to come this year.
As in previous years, attendees will hear from Riz Dhanji, a leader in pre-construction real estate whose insights and strategies have helped sculpt the skyline of Toronto and beyond. Known for his dynamic approach and deep market acumen, Dhanji will offer insights for those looking to elevate their own business acumen in a competitive industry. This year, Dhanji will explore the evolving landscape of pre-construction real estate, focusing on upcoming trends and the impact of international market shifts on Canadian commissions. He will also discuss RAD Marketing’s upcoming pipeline.
Riz Dhanji, Founder and President of RAD Marketing, Salim Teja, Partner with Radical Ventures
The event will kick off with an introduction by UrbanToronto, setting the stage for the two presentations, as well as RAD’s sales team who will be present to discuss their projects, including Forêt Forest HillTM, KING Toronto, Craft Residences, Leaside Common, and Corktown. Salim Teja, a partner at Radical Ventures, a venture capital firm with a focus on AI, will open the first session. With over 25 years of experience in technology and entrepreneurship, Teja is ideally placed to discuss the intersection of Artificial Intelligence and real estate. His talk, titled “The AI Journey,” aims to look at how AI and market dynamics will change the real estate industry and how agents can use AI to their advantage, and optimizing AI within real estate.
Following Teja’s insights, the spotlight will return to Dhanji for the second session. His presentation, “Unlocking Tomorrow: How to 10X Your Business by Navigating Pre-Con Markets in 2024 and Beyond,” will dive deep into the mechanisms of pre-construction markets and RAD’s robust project pipeline. Dhanji’s extensive background, from his early days in Vancouver and Hong Kong to his pivotal roles in major Canadian and international developments, has uniquely positioned him to forecast and influence market trends.
Downtown Toronto from Casa Loma, image by UrbanToronto Forum contributor Paclo
Dhanji’s connection to innovation is not just professional but personal. Recounting a conversation with Teja, Dhanji shared, “We were speaking a few months ago about how the real estate industry has been the slowest to be disrupted. Salim mentioned a company using robotics and AI to build homes — something very revolutionary for our industry — hence the idea came about to split the presentation to discuss the ‘Revolution’ of our industry, and then I would discuss the market and what the future holds.”
Beyond the strategic insights that will be shared at the event, it will of course present excellent networking opportunities, and a chance to forge the future of Toronto’s real estate. For industry professionals keen on staying ahead of the curve, the conversations that begin at the Cineplex Queensway could very well shape their strategies for years to come. With a blend of expert analysis, future-focused discussions, and a clear vision for the next wave of real estate innovation, the State of the Market 2024 is set to be a beneficial experience for any real estate professional.
“This is the first time this has ever been done by integrating these two topics in real estate in Toronto to a group of prominent real estate agents,” Dhanji concluded, “and shows how we can help our real estate agent partners improve their business for the future.”
* * *
UrbanToronto has a research service, UrbanToronto Pro, that provides comprehensive data on construction projects in the Greater Toronto Area—from proposal through to completion. We also offer Instant Reports, downloadable snapshots based on location, and a daily subscription newsletter, New Development Insider, that tracks projects from initial application.
