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The Visionary

Ozzie Jurrock wrote the book on real estate
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- Story by Joe Leary Photography by Lia Crowe

He is featured in Who91裸聊视频檚 Who in Canada,

Who91裸聊视频檚 Who in America, BC and the US, as well as Louis Rukeyser91裸聊视频檚 Who91裸聊视频檚 Who. But the name Ozzie Jurock is synonymous with real estate. Ozzie has played a vital part in leading the real estate ranks over the years, including taking on roles as president of Royal LePage Canada and Royal LePage Asia, based in Taiwan.

He91裸聊视频檚 been chairman and CEO of NRS Block Bros. and has served on the boards of the BC Real Estate Council, the Vancouver Real Estate Board, the Quality Council of BC and the advisory board of BCIT, and done stints such as president of the real estate boards of Burnaby, Coquitlam and New Westminster.

He is also a best-selling author and an in-demand speaker, giving more than 80 speeches per year. He has appeared regularly on TV and continues to air on CKNW radio as he has for the past 26 years.

Ozzie is a fellow of the Real Estate Institute of Canada and is one of this country91裸聊视频檚 leading business motivators. And that91裸聊视频檚 just the thumbnail sketch. With such a loaded CV, one has to ask how it all began.

91裸聊视频淚 came to Canada in 1966, fell in love with it and became a Canadian as soon as I could,91裸聊视频 Ozzie says. 91裸聊视频淚 started in the hotel business as a waiter at the Hotel Vancouver and within a year I was the ma卯tre d91裸聊视频 at the brand new Devonshire Seafood House.91裸聊视频

Here, he says, he saw people who were 91裸聊视频渄oing well91裸聊视频 financially.

91裸聊视频淭here was the head of a brokerage house who had a monthly lunch account of $40091裸聊视频攁nd I was making $300 a month. I thought to myself, 91裸聊视频榃hat does he have that I can learn?91裸聊视频 I didn91裸聊视频檛 have the education and I certainly didn91裸聊视频檛 have the standing, but I kept watching him.91裸聊视频

When Ozzie asked the question 91裸聊视频淲hat is out there for me?91裸聊视频 people often suggested he get into the real estate business.

91裸聊视频淪o I got the license and became a realtor and through a series of very fortuitous events, I [eventually] became the president of Royal LePage Canada with 10,000 employees.91裸聊视频

Next, it was time to go solo.

91裸聊视频淏y 1993, I decided that I wanted to go out on my own. I started writing a real estate newsletter and then went more into real estate investing,91裸聊视频 Ozzie recalls. 91裸聊视频淎round then, we [launched] two major conferences that we91裸聊视频檝e continued doing for 27 years91裸聊视频攐ne in the spring, one in the fall.91裸聊视频

The one constant takeaway from a conversation with Ozzie Jurock is that he91裸聊视频檚 a visionary, as fully evidenced by his early forecasts.

91裸聊视频淚 wrote a book in 1998 called Forget About Location, Location, Location! In 1963, the average home price was $13,500. By 1998, it was $278,000 and if you extrapolated that for the next 35 years91裸聊视频 as I said in my book91裸聊视频攅very house in Vancouver would be worth $5 million. Everybody thought, 91裸聊视频榃hat are you smoking?91裸聊视频 But I never changed my view. Two years ago on the West Side, the average price clocked in at $4.4 million.91裸聊视频

Ozzie says the current real estate market is a veritable hotbed.

91裸聊视频淩ight now the market is an absolute madhouse,91裸聊视频 he states emphatically. 91裸聊视频淚t91裸聊视频檚 on fire in a number of different areas.91裸聊视频 As an example, he says, Etobicoke, Ontario is up 27 per cent in single-family home prices; in fact, there are nine areas in Ontario that are up over 30 per cent.

91裸聊视频淎nd we91裸聊视频檙e not talking Toronto91裸聊视频攚e91裸聊视频檙e talking, like, Barrie,91裸聊视频 he says. 91裸聊视频淭his is unusual, but it is exactly what I forecast.91裸聊视频

His basic philosophy, he says, is: 91裸聊视频淚nflation is number one; number two is supply and demand, and number three is immigrant/migration. You read that on the basis of affordability, Vancouver and Toronto are the numbers five and six worst cities in the world, yet that doesn91裸聊视频檛 determine prices. Vancouver has never been affordable in over 40 years. If you wanted to live in Vancouver or Hong Kong or Manhattan or Berlin, you had to pay over 65 per cent of your income towards a mortgage. Vancouver is actually better off than most places, but it91裸聊视频檚 a worldwide phenomenon.91裸聊视频

As active as Ozzie remains on the real estate circuit, his life is a split between work and play.

91裸聊视频淓very year I go for a three-month cruise with my wife,91裸聊视频 he says. 91裸聊视频淲e love cruising. I have a boat, and in the summer months we go to places like Secret Cove [on the Sunshine Coast], and in the winter we have a house in Kimberley and I ski. But in between, when we have our big events, I work very hard.91裸聊视频

And for his personal philosophy on living in the current environment: 91裸聊视频淭his is a new world; truth is in, bluffing is out. As Jordan Peterson says, 91裸聊视频楾ell the truth, or at least don91裸聊视频檛 lie.91裸聊视频 When you look at the world right now91裸聊视频攕tay committed to yourself, stay committed to your family. I91裸聊视频檝e been married 53 years and I91裸聊视频檓 proud of it. My mother used to always say91裸聊视频攁nd it91裸聊视频檚 an old quote91裸聊视频91裸聊视频榊our actions speak so loudly, I can91裸聊视频檛 hear what you91裸聊视频檙e saying.91裸聊视频 Just make sure that your actions are congruent with what you say.91裸聊视频

That aptly describes Ozzie Jurock and by his own description of life, it91裸聊视频檚 been a charmed existence: 91裸聊视频淚 could not have written a scenario that could have been more exciting.91裸聊视频

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