Carl Porritt: Six Decades In, And It’s Still Fun

Carl Porritt: Celebrating Six Decades of Unprecedented Longevity in Toronto Real Estate

For most real estate professionals, reaching the quarter-century mark is a significant achievement, recognized by the Toronto Regional Real Estate Board (TRREB) with a 25-year pin, membership in an exclusive club, and an invitation to an honorary dinner. This esteemed recognition continues for those who dedicate 50 years to the dynamic world of real estate. Yet, what happens when a career spans an astonishing six decades? Carl Porritt, a seasoned sales representative at Royal LePage Porritt Real Estate Brokerage in Etobicoke, is poised to answer that question, as he marks an extraordinary 60 years in the business this February.

Porritt’s remarkable journey has led him to ponder the existence of a special acknowledgement for such a rare milestone. “We were talking to the past president the other day, and she was going to see if they have something,” Porritt shares with a hint of curiosity, adding that he would be content with “another pin.” This simple desire underscores the humility of a man who has witnessed and shaped the very fabric of Toronto’s real estate market for longer than many agents have been alive. Indeed, very few sales representatives in the history of TRREB have achieved such enduring longevity, making Porritt’s upcoming anniversary a truly unique event.

A Trailblazer from the Start: The Youngest to Join an “Old Guys’ Game”

Carl Porritt’s career trajectory has always been one of distinction. He proudly recounts being told he was the youngest ever to receive the 25-year pin, a testament to his early entry into the industry. By the time he received his 50-year pin, he was among a select group of only about 30 individuals across the entire board. When asked if he knows anyone else who has matched his six-decade tenure, Porritt pauses thoughtfully. “There’s got to be, but I don’t know anyone,” he muses, highlighting the unparalleled nature of his career.

Porritt’s remarkable longevity can be directly attributed to his youthful start, embarking on his real estate journey at the tender age of 21. He often shares a vivid recollection of those early days: “I always tell the story that back then, I knew one other guy in real estate under 40 in the city of Toronto.” He succinctly captures the prevailing industry landscape of the 1960s, describing it as an “old guys’ game.” This environment, dominated by older, established professionals, presented a unique set of challenges and opportunities for the young, ambitious Porritt, who had to carve out his own path and earn respect in a traditional, tight-knit community.

Interestingly, a career in real estate wasn’t Porritt’s initial aspiration. He began his professional life as a mechanic, a trade far removed from property sales. However, a pivotal conversation with an uncle who was already immersed in the real estate business changed his course. His uncle suggested he consider joining him, a proposition that Porritt embraced. The barrier to entry back then was strikingly low compared to today’s rigorous standards. Porritt recalls the straightforward process: he simply went down to Queen Street in Toronto, picked up the “blue book” – a manual containing the necessary regulations and information – read it thoroughly, paid a mere $5, and was issued a salesman’s license. The ease of entry allowed him to quickly transition into the industry, though he later pursued and completed additional courses to earn his broker’s license, solidifying his professional standing. Despite the relatively simple licensing process, Porritt emphasizes that succeeding as a young sales representative required unwavering dedication and, above all, honesty. “If I didn’t know the answer to a question [from a client] I’d say I didn’t know and I’d find out and call them back,” he explains, illustrating a foundational principle that has guided his entire career and contributed significantly to his stellar reputation.

Witnessing a Revolution: From Intimate Industry to Expansive Market

Carl’s daughter, Shelley Porritt, who has admirably followed in her father’s footsteps and now serves as the broker of record at Royal LePage Porritt, credits her father for instilling in her all she knows about the business. She often expresses her amazement at the profound transformations her father has not only witnessed but actively navigated over the decades. “When my father got into it, everybody knew everybody, it was such a small industry back then. Now, nobody knows anybody,” Shelley observes, highlighting the dramatic shift from a close-knit professional community to a vast, sometimes anonymous, marketplace.

The elder Porritt confirms this dramatic expansion with staggering statistics. “When I started there were less than 3,000 agents [in Toronto],” he states. “Today there are 60,000.” This explosive growth, twentyfold over sixty years, underscores the scale of change in the Toronto real estate landscape. The advent of technology has undoubtedly been a double-edged sword for seasoned professionals like Porritt. While acknowledging the undeniable benefits of modern advancements, he also laments the loss of certain traditional aspects. “It’s good, but we don’t get to negotiate like we used to. We lose the personal touch,” Porritt reflects, expressing a nostalgic sentiment for the days when face-to-face interactions with other agents and sellers during offer discussions were common, a part of the business he genuinely considered “fun.” The efficiency of email and digital platforms, while indispensable today, has undeniably altered the social and personal dynamics of real estate transactions.

Unforgettable Transactions: Anecdotes from a Bygone Era

With six decades of experience under his belt, Carl Porritt possesses an unparalleled trove of unusual and often humorous anecdotes from his long career. These stories offer a captivating glimpse into the unconventional practices and unique challenges of a different era in real estate.

One such memorable incident occurred in the late 1960s. A client, after purchasing a house, found himself short on funds to cover the commission. In a rather unconventional exchange, the client offered Porritt his trailer home as payment. “I used the trailer a few years and then sold it,” Porritt recounts with a chuckle. While some of his colleagues initially found the transaction amusing, fate soon had a way of turning the tables. Not long after, Porritt noticed an unfamiliar truck parked in the office lot. Inquiring about it, his colleague, Len, responded, “I sold a house and the guy didn’t have enough for commission, so the guy gave me his truck.” These exchanges, unthinkable in today’s regulated financial climate, illustrate a time when resourcefulness and flexibility were key in closing deals.

Another story that stands out involves a client who arrived at the office with a substantial deposit of $2,000 in cash, presented in a simple brown paper bag. “We gave him a receipt and put the money in the bank,” Porritt calmly states. He quickly contrasts this with modern regulations, explaining, “Things have changed. We can’t take cash deposits anymore, and we wouldn’t be able to take a trailer.” The evolution of financial regulations and anti-money laundering protocols means such transactions are now firmly relegated to the history books, underscoring the vastly different operational environment real estate agents navigate today.

Perhaps the most astonishing anecdote involves a firearm. “In the late ’60s, I sold a house, and a shotgun was the deposit,” Porritt reveals. The story goes that a neighbor was keen to purchase a house Porritt had listed but lacked the necessary funds for a cash deposit. The seller, however, expressed an interest in the neighbor’s shotgun. A creative solution was forged: “The seller said the neighbor had a shotgun that he wanted. So I had the buyer give the seller the shotgun, and I wrote on the offer, ‘$200 cash deposit held by seller.'” This extraordinary tale not only highlights the ingenuity sometimes required to complete a transaction but also the informal, trust-based nature of deals in a less regulated past. Such a scenario would, of course, be entirely impossible and illegal in today’s real estate market.

Hector Porritt, the great uncle of the current broker of record Shelley Porritt, started the business in 1955. Carl joined him in 1962 and in 1975, Carl and wife Elizabeth bought the business. Today their daughter Shelley is broker of record.

From Telegrams to Digital Age: Evolving Sales Practices

Porritt’s earliest sales serve as a benchmark for the dramatic changes in property values. His very first sale, a home in Rexdale in 1962, went for a modest $13,000. His second deal involved a vacant lot in Mississauga, which sold for $3,000. These figures, almost unimaginable in today’s inflated market, provide a stark reminder of the economic shifts over six decades.

The methods of presenting and accepting offers have also undergone a monumental transformation. The days of telegrams and faxes as primary communication tools are long gone. Porritt vividly recalls a time when submitting an offer might involve flying to Montreal or driving to North Bay just to present it in person, a level of effort and personal investment that has largely been replaced by instant digital communication. “In those days it wasn’t legal to sell houses on a Sunday. It was nice when we had Sundays off because you had a day with your family,” Porritt reminisces, touching upon another aspect of the industry that has evolved – the concept of a dedicated day of rest. The modern real estate agent often works seven days a week, a far cry from the more structured work-life balance of the past.

A Legacy Beyond Listings: Community and Family

Despite the arduous work and demanding schedule inherent in a lifelong real estate career, Carl Porritt and his wife, Elizabeth (herself a real estate sales representative), always found ample time to give back to their community. They dedicated themselves to volunteering for and sponsoring local youth sports, including hockey, baseball, and lacrosse, fostering a sense of community and opportunity for countless children. Their commitment extended beyond sports; 27 years ago, they founded the Long Branch Business Improvement Area (BIA), playing a crucial role in enhancing local commerce and community spirit. Around the same time, they initiated the beloved Etobicoke Lakeshore Christmas parade, an event that has become a cherished tradition. For 23 years, Carl himself embraced the festive role of jolly old St. Nick, bringing joy to thousands of children and families. Their extensive and selfless volunteer work did not go unnoticed; in 2012, the couple was proudly awarded the prestigious Queen Elizabeth II Diamond Jubilee medal, a fitting tribute to their profound impact on their community.

The family legacy continues through Shelley Porritt, who now expertly steers the Royal LePage Porritt Real Estate Brokerage. The business, originally started by Carl’s great uncle Hector Porritt in 1955, saw Carl join in 1962. By 1975, Carl and Elizabeth took the reins, nurturing and expanding the brokerage. Today, Shelley’s leadership ensures that the Porritt name remains synonymous with trust, expertise, and community engagement in Toronto real estate.

The Enduring Passion: Six Decades and Still Going Strong

Even after six decades, Carl Porritt’s connection to the real estate world remains strong. He meticulously preserved all the archives from his early days in the business, a priceless collection of historical documents he now plans to donate to TRREB, ensuring future generations can learn from the industry’s rich past. While he now divides his time between relaxing trips to the cottage and warmer destinations down south, he hasn’t entirely stepped away from his professional life.

“On February 12, 2022, it’ll be 60 years, and I still go to the office a few days a week, if I’m in Toronto,” he affirms. His continued presence isn’t driven by necessity but by an enduring passion for the work. He encapsulates his lifelong enjoyment with a simple yet profound question: “Where else can you have fun and make a good living talking to people?” This sentiment perfectly encapsulates the spirit of Carl Porritt, a man who found not just a career, but a vocation and a profound source of fulfillment in building relationships and helping people achieve their dreams through real estate.

Carl Porritt’s journey is more than just a testament to personal endurance; it’s a living history of the Toronto real estate market. His unique perspective, shaped by witnessing the industry’s evolution from a small, intimate community to a sprawling, technologically advanced landscape, offers invaluable insights. As he celebrates this unprecedented milestone, Carl Porritt stands as an iconic figure, a beacon of dedication, integrity, and community spirit in the ever-changing world of real estate.