Guest Columns

Guest Columns

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Currently, there are no guidelines in place to require a seller or their sales representative to provide third-party verification of the exact square footage of their listed property.

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Having a qualified inspector go through the home with the seller can be quite educational and may help them develop a game plan prior to the for sale sign going on the front lawn.

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To every one of you who have been hurt by a dishonest sales rep, we grieve with you and offer our humblest apologies. It makes us angry that our reputations are lumped in with the bad guys.

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Control the listing, control the market. This concept is an industry fundamental. Collaboration, communication and accountability are vital in supporting your efforts to increase your double-sided business.

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Ontario Real Estate Association president Ettore Cardarelli says, “We need your feedback on these proposals because it will determine which ideas OREA takes to the government to improve our industry as a whole.”

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Real Estate Council of Ontario chair Mike Cusano asks, “Which elements of REBBA do you think should be updated? Are there changes that would make it easier for you to serve your clients better?"

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RECO’s role is to protect consumers by enforcing the law and taking disciplinary actions as needed, but we can’t monitor every real estate trade that takes place in the province and we can’t punish bad behaviour we don’t know about.

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In condominium market terms, an assignment is an advance option or a right to purchase a condo unit when it eventually comes onstream. Transactions are neither regulated nor recorded on MLS.

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There is a powerful, compelling answer to solving the pandemic affordable housing crisis, complete with a huge financial pool, if the government would only take steps to unlock it.

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Even though statistics show that as many as 80 per cent of new real estate sales representatives leave the industry within two years, those who stick it out can be in it for decades.