Tags Posts tagged with "Real Estate and Business Brokers Act"

Real Estate and Business Brokers Act

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The Ontario Real Estate Association (OREA) is calling for a strengthened real estate education program in its third white paper, Working Towards Excellence: A Forward Looking Plan for Real Estate Registration Education.

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OREA is commending the Ontario government for introducing real estate legislation that tackles conflict of interest situations and consumer confusion that can arise in the current multiple representation system.  

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The Ontario Real Estate Association (OREA) wants to see an overhaul of the Real Estate Council of Ontario’s (RECO) mandatory continuing education (CE) program.

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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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The Ontario Realtors Pension Plus (ORPP), the plan “won’t cost Realtors a penny out of pocket,” says Jim Zaza of Zaza Financial Group. The money for coverage comes from tax savings from each agent’s personal pension plan.

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People across Ontario understand the importance of real estate in this province, both as an investment and as a place to live and raise...

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The saga of the contorted definition of “real estate” continues. Section nine of REBBA continues to be a trap for the unwary in which one individual is barred from receiving compensation while another enjoys a windfall.

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What do Ontario Realtors really think about their mandated commission protection insurance, and what can boards and associations across the country learn from Ontario as they consider it.

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Recently an Ontario court was asked to consider, for the first time ever, whether the sale of a licence is captured by REBBA. In other words, does someone need to be registered under REBBA to demand a commission?