On the TechTO stage ×1
First seen on the TechTO stage in 2019. Every talk is searchable — ask the archive about Sheldon ↗
In their words
it's a 250 billion dollar market each year in Canada, that's about 500,000 transactions a year
the biggest misconception is that it's about the home or it's about the market — it's really a people business
Around the web ×1
Quick answers
What is Sheldon McCormick known for?
Running Communitech, and before that co-founding Properly, the Toronto proptech that bought homes directly from sellers so they could move before their own sale closed.
What was his TechTO talk about?
Opportunities for FinTech in Canadian Real Estate, at FintechTO in July 2019. He argued real estate was the most overlooked area for fintech in Canada and shared what eighteen months of operating Properly in Calgary had taught him.
What happened to Properly?
It raised roughly $100M, dropped its purchase guarantee in January 2023 amid a volatile housing market, and was sold that year in two transactions; the founders exited. See the Properly page for the detail.