Guest Columns

Guest Columns

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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.

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Intelligent people read all the time. Become an intelligent Realtor. Prospects will recognize you for your newly acquired and ongoing intelligence. Avoid the trap of Realtor apathy.

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While passing a law to ban double ending deals may make for a great sound bite for the government, it will not solve the core issue and will only serve to hurt consumer rights.

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The renewal of the Ontario’s new home warranty program will take some time to implement, so in the interim, your clients who bought newly built homes should continue to submit warranty claims.

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How many times have you, as a Realtor, been asked the question, “How much is your commission?” How you answer this question is important and may set the stage for how future conversations around commissions go.