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November 26th - 2021
Call for Candidates – Ontario Real Estate Association
Interested in running for a position on OREA’s 2022 Board of Directors? The following positions are up for election: two Directors-at-Large and four Provincial Directors (one each from the Southern, Northeastern, Western and Central Ontario Areas).
Interested in running for a position on OREA’s 2021 Board of Directors? The following positions are up for election: four Provincial Directors (made up of one each from the Central, Northern, Eastern and Western Ontario Areas) and two Directors-at-Large. Submit your candidacy form to OREA’s Chief Executive Officer care of Andrew Popert, PwC | Partner Assurance, PricewaterhouseCoopers LLP (mailing address provided on Candidate Submission Form).
Interested in running for a position on OREA’s 2022 Board of Directors? The following positions are up for election: two Directors-at-Large and four Provincial Directors (one each from the Southern, Northeastern, Western and Central Ontario Areas). Directors will serve a two-year term.
If you are interested in volunteering, please review the Election Package here.
Candidates must complete and submit an online application (the “Application Form”) by no later than 12:00 p.m. midnight, Saturday, February 12, 2022. You will be prompted to log in.
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For more information contact
Ontario Real Estate Association
Jean-Adrien Delicano
Manager, Media Relations
JeanAdrienD@orea.com
416-445-9910 ext. 246
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Stickhandling offers and negotiations: Join seminar
April 18, 2016
The offer process is one of the most complex aspects of trading in real estate. To learn more, take part in the upcoming web seminar (webinar) offered by OREA.
Newsletter
Upcoming seminars on standard forms
April 18, 2016
More information about OREA standard forms is available through an ongoing seminar series. This spring, find out what’s coming in a series of web seminars (webinars) and sign up.
Newsletter
Real estate: More than just sales
April 18, 2016
The role of the REALTOR® is not so much salesperson as consultant, according to one Ontario real estate professional. In fact, selling is far from the whole picture, she argues.
Newsletter
New tutorials explain forms
April 18, 2016
If you need help understanding and working with OREA Standard Forms, you can learn more from a new slate of tutorials. Ten new online tutorials help you navigate the complexities of forms.
Newsletter
What a dump: Landfill discovered under dream home
April 18, 2016
The buyers learned belatedly that their dream home was built over a landfill site. Legal Beat discusses the court dispute over disclosure after a rural real estate sale.
Newsletter
What consumers need to know about assignments: RECO
April 18, 2016
Assignments in real estate have been the focus of media attention recently. The Real Estate Council of Ontario (RECO) answers questions about this type of transaction.
Newsletter
New OREA board of directors for 2016
April 18, 2016
The Ontario Real Estate Association officially installed its new president and board of directors at the annual general meeting in Toronto in March.
Newsletter
Time flies: Organizing your day
March 13, 2016
Staying organized and managing your workload effectively is vital to success in real estate. Three REALTORS® from across Ontario share their strategies for time management.
Newsletter
Changes to pre-registration education
March 13, 2016
Important changes are coming to pre-registration education on April 1 that will boost the knowledge of new entrants to the profession. The Real Estate Council of Ontario (RECO) is making changes with support from the Ontario Real Estate Association (OREA).
Newsletter
What’s new in Standard Forms: Join seminar
March 13, 2016
If you want to learn more about the standard forms used in real estate, sign up for a free seminar offered by the Ontario Real Estate Association.
Newsletter
New videos highlight consumer research findings
March 13, 2016
Two lively animated videos created by OREA reveal the results of surveys of consumers in the province of Ontario. They conclude with the importance of working with a REALTOR®.
Newsletter
Buyers floored by property’s structural weakness
March 13, 2016
A few years after purchasing a house, the buyers learned that previous owners had removed a load-bearing wall, rendering the second floor unsafe. The buyers sued the company that provided title insurance.
Newsletter
Last chance to volunteer for OREA committees
March 13, 2016
Joining a committee or task force is a great way to meet colleagues and contribute to the real estate profession. Volunteer for a committee as a way to serve your profession and enhance your knowledge.
Newsletter
Local markets are stronger: Survey
March 13, 2016
Residential real estate markets are stronger now than they were a year ago, according to a recent survey of consumers. The Ontario Home Ownership Index, a survey conducted by OREA, reveals that 40 per cent felt the market in their own city was stronger in 2016.
Newsletter
Tips to protect your home and property: IBC
March 13, 2016
Review your home insurance policy and update your home inventory, advises the Insurance Bureau of Canada. These are among the steps you can take to protect your home and property, according to IBC.
Newsletter
Save the date: OREA annual conference and AGM
March 13, 2016
The Ontario Real Estate Association’s Annual Assembly Meeting and REALTORS Care Foundation Annual General Meeting take place on March 9 in Toronto. It’s all part of the OREA 2016 Leadership Conference.
Newsletter
Avoid errors in real estate listings
February 12, 2016
Mistakes in a real estate listing can hurt your clients and damage your career. That’s why accuracy in a listing is vital. Two experienced REALTORS® discuss common errors in listings and the consequences of making them.
Newsletter
Virtual home staging can save time, money
February 12, 2016
It’s now possible to stage a home without painting or decluttering, thanks to virtual home staging. Read the second of two stories on enhancing a property the digital way.
Newsletter
New seminars and tutorials deal with standard forms
February 12, 2016
Learn more about the forms often used in real estate by participating in an upcoming seminar or tutorial.
Newsletter
Customer Service Centre aims to help
February 12, 2016
If you have questions or concerns about your real estate studies, the Customer Service Centre at the OREA Real Estate College can help. The satisfaction rate among callers rose to 95%, up 3 percentage points.
Newsletter
Legal Beat: Faulty septic system makes for sale that stinks
February 12, 2016
This lawsuit hinged on the state of the septic system at a rural property and claims about plumbing expertise made by the registrant.
Newsletter
Videos focus on overcoming challenges, meeting goals
February 12, 2016
Learn how others have met challenges, surmounted obstacles or met their goals. Check out the Leadership podcasts posted to the Ontario Real Estate Association website.
Newsletter
Looking for committee volunteers
February 12, 2016
Joining a committee or task force is a great way to meet colleagues and contribute to the real estate profession. Volunteer for a committee as a way to serve your profession and enhance your knowledge.
Newsletter
Save the date: OREA annual conference and AGM
February 12, 2016
The Ontario Real Estate Association’s Annual Assembly Meeting and REALTORS Care Foundation Annual General Meeting take place on March 9 in Toronto. These events are part of the OREA 2016 Leadership Conference.
Newsletter
Slowing down: Surviving the lean season
January 8, 2016
Winter is often one of the slowest periods in real estate, you must manage the slow times in order to remain in business during the hectic seasons. Three REALTORS® from different Ontario cities share their strategies for getting through the lean times.
Newsletter
Campaign prevents expanded land transfer tax
January 8, 2016
A high-profile advocacy campaign to prevent the spread of the hated municipal land transfer tax has been highly successful. The Ontario Real Estate Association was vigilant in lobbying Queen’s Park to ensure the MLTT does not extend beyond Toronto.
Newsletter
Living beyond your means in real estate
January 8, 2016
Avoid the temptation to spend too much or abuse your credit cards when you start to succeed in the business, advises a Toronto REALTOR®.
Newsletter
Apply to win a prestigious leadership award
January 8, 2016
If you’re new to real estate, involved in organized real estate and dedicated to doing community work, you can apply to win a prestigious award that helps you hone your leadership skills.
Newsletter
Home staging - the virtual way
January 8, 2016
If your clients don’t have the time or energy to declutter or repaint before listing their place for sale, you can suggest “virtual staging” to create a stylish picture that appeals to buyers.
Newsletter
Legal Beat: Alarm system leads to alarming lawsuit
January 8, 2016
The seller installed an alarm system in his home before putting it on the market. After the property sold, a dispute arose over the payment of monthly fees for the alarm monitoring service.
Newsletter
Looking for committee volunteers
January 8, 2016
Joining a committee or task force is a great way to meet colleagues and contribute to the real estate profession. Volunteer for a committee as a way to serve your profession and enhance your knowledge.
Newsletter
Miss Real Estate Manners: Always be professional
January 8, 2016
Courtesy and professionalism are crucial in real estate. Read the final installment of tips in a series from the London and St. Thomas Association of REALTORS® (LSTAR).
Newsletter
Renovate before reselling? Some tips from RECO
January 8, 2016
If your clients plan to renovate before selling their home, they should remember that upgrades and repairs cost time and money. RECO provides tips to protect consumers and their pocketbooks.
Newsletter
Multiple offers pose unique challenges
December 22, 2015
A multiple offer situation requires attention to detail and due diligence on a number of fronts, no matter where the property is located. The EDGE newsletter spoke to three REALTORS® in different cities about how they handle competing offers.
Newsletter
What kind of REALTOR® superhero are you?
December 22, 2015
All REALTORS® are superheroes. Take part in a fun and interactive quiz to learn what kind of superhero you are.
Newsletter
Ontario government close to allowing doubling of land transfer taxes
December 22, 2015
The Ontario government has indicated it will make home buying even harder by giving all municipalities authority to levy a municipal land transfer tax (MLTT).
Newsletter
Call for candidates – OREA
December 22, 2015
Are you interested in running for a position on OREA’s board of directors? Find out more.
Newsletter
Call for Candidates – Foundation
December 22, 2015
Are you interested in running for a position on the Ontario REALTORS Care® Foundation board of directors? Find out more.
Newsletter
Get your home ready for winter: IBC
December 22, 2015
Short, dark days and colder temperatures are a reminder to start preparing your home for winter. The Insurance Bureau of Canada lists some steps to prepare for the arrival of those sub-zero days.
Newsletter
Legal Beat: Wet basement a reminder of buyer beware precedent
December 22, 2015
In this case, the buyers discovered a leak in the basement after moving into a house, and the concept of buyer beware played a key role in the court decision.
Newsletter
Miss Real Estate Manners: Protect your clients
December 22, 2015
Safety and compliance should be top of mind when you conduct a real estate showing. Read the latest installment of tips from the London and St. Thomas Association of REALTORS® (LSTAR).
Newsletter
Offer handling a common complaint: RECO
December 22, 2015
A high proportion of complaints to RECO pertain to the handling of offers. Make sure the process and your conduct are fair, ethical, open and transparent.
Newsletter
What kind of REALTOR® superhero are you?
November 23, 2015
The Ontario Real Estate Association (OREA) has developed a fun and interactive quiz that asks what kind of superhero you are. Play the game now.
Newsletter
Condo challenges: The particulars of the condominium market
November 23, 2015
Learn about the peculiarities of the condominium market from two REALTORS® who have been selling condos for 25 years or more. They share insights and experiences to help you navigate a market that is different from other residential real estate.
Newsletter
Romancing the real estate brokerage
November 23, 2015
Starting a career in real estate is like a new romance. Treat it like a budding romance to find yourself in wedded bliss rather than divorce court, advises one Ottawa Realtor.
Newsletter
Call for candidates – OREA
November 23, 2015
Are you interested in running for a position on OREA’s board of directors? Find out more.
Newsletter
Call for Candidates – Foundation
November 23, 2015
Are you interested in running for a position on the Ontario REALTORS Care® Foundation board of directors? Find out more.
Newsletter
Looking for volunteers on OREA committees
November 23, 2015
Joining a committee or task force is a great way to meet colleagues and contribute to the real estate profession. Serve your profession and enhance your knowledge by volunteering for a committee.
Newsletter
Legal Beat: Get your BRA signed
November 23, 2015
Getting a Buyer Representation Agreement (BRA) signed at the beginning would have prevented problems and a lawsuit in this commercial case.
Newsletter
Comic video highlights generation gap
November 23, 2015
A funny new video about a millennial client and her older REALTOR® exposes a generation gap in language.
Newsletter
Miss Real Estate Manners: Know your limits
November 23, 2015
Don’t overstep your bounds or give advice beyond your own level of expertise. Read the fifth installment of tips from the London and St. Thomas Association of REALTORS® (LSTAR).
Newsletter
Child's play: Working with young families
October 18, 2015
Showing properties is a crucial step in selling a home, but special challenges exist when young children are involved. Three REALTORS® talk about their approach to ensuring that everything runs smoothly.
Newsletter
REALTOR® value the focus of ad campaign
October 18, 2015
Television and billboard ads that promote the value of using a REALTOR® are running this fall across Ontario. The ads are part of the REALTORS® we do the homework campaign.
Newsletter
Don’t fear the heritage property
October 18, 2015
Heritage properties need not be a source of fear if you work in real estate. They are a substantial part of many markets across the province and one expert predicts their numbers will only increase over time.
Newsletter
RECO: Registrant fails to check zoning
October 18, 2015
The registrant in this transaction promoted a property as having two units, highlighting the rental potential with no mention of zoning restrictions. Read the decision from the Real Estate Council of Ontario after a complaint was submitted.
Newsletter
Technology events enhance your skills
October 18, 2015
Come to one or more events this fall to keep you on the cutting edge of technology in real estate and hone your skills. Sign up for an event as part of Emerge: Moving You Forward with the tools for Tomorrow.
Newsletter
Legal Beat: Brokerage sale leads to debate over turnkey operation
October 18, 2015
In this transaction, the owner sold her brokerage to buyers who later argued it was supposed to be a turnkey operation – a business already set up and ready to go with no changes needed. A lawsuit ensued.
Newsletter
Miss Real Estate Manners
October 18, 2015
Courtesy and common sense are vital ingredients for a successful real estate career. Read the fourth installment of tips and advice from the London and St. Thomas Association of REALTORS® (LSTAR).
Newsletter
Motorcycle ride a success
October 18, 2015
Sunny skies warmed the riders at this year’s Motorcycle Ride for Charity, who completed a successful ride from Toronto to Ottawa for a good cause. This year marked the 10th anniversary of the ride organized by the Ontario REALTORS Care® Foundation.
Newsletter
College wins prestigious award
October 18, 2015
The OREA Real Estate College has won a prestigious educational award for its blended learning curriculum from the Real Estate Educators Association, beating out hundreds of other programs across North America.
Newsletter
Mentorship in real estate
September 22, 2015
The guidance of experienced professionals can help you grow in your career and personal life. Mentorship takes different forms, from one-on-one sessions to group meetings or formal training. Three REALTORS® talk about how mentoring has helped them.
Newsletter
Complaints service helps at stressful time
September 22, 2015
It can be stressful to learn that you are the subject of a complaint to the Real Estate Council of Ontario. A service created by the Ontario Real Estate Association helps you navigate the process and know what to expect at a challenging time.
Newsletter
Serving buyers in the pre-construction phase
September 22, 2015
When a property is not yet built, ask many questions and use due diligence to prevent surprise and disappointment for your buyers, advises one Toronto REALTOR®.
Newsletter
Ad campaign promotes REALTOR® value
September 22, 2015
Television and billboard ads that promote the value of using a REALTOR® will be running this fall across the province. They are all part of the REALTORS® we do the homework campaign.
Newsletter
Video and webinar explain new form
September 22, 2015
A short video and web tutorial help you understand Form 801, the new document created to help comply with legislation to prevent phantom offers.
Newsletter
Fall technology events
September 22, 2015
Dates and locations are now confirmed for fall tools and technology events as part of Emerge: Moving You Forward with the Tools for Tomorrow. Find out about upcoming events in your region of the province.
Newsletter
Legal Beat: When you don’t have a crystal ball
September 22, 2015
The seller took legal action against her REALTOR®, claiming she was misled by flawed advice to sell her property at a price below market value.
Newsletter
Consumer confidence in local markets growing
September 22, 2015
More Ontarians have a favourable opinion of the real estate market in their local city or town, according to new research released in an index produced by the Ontario Real Estate Association.
Newsletter
Miss Real Estate Manners
September 22, 2015
Courtesy is paramount in the real estate industry, according to the latest installment of tips and advice on professional behaviour in real estate from the London and St. Thomas Association of REALTORS®.
Newsletter
Handling stress in real estate
August 22, 2015
Real estate can be a stressful career. Erratic hours, stiff competition and an uncertain income all contribute to the stress. Three seasoned REALTORS® talk about how they cope with stress and share their tips.
Newsletter
Electronic signatures now allowed for agreement of purchase and sale
July 1, 2015
Legislation is now in place to allow electronic signatures to be used for the agreement of purchase and sale (APS) in real estate transactions.
Newsletter
New form deals with law to prevent phantom offers
August 22, 2015
A new form is available to help you comply with legislation aimed at preventing phantom offers. The Ontario Real Estate Association has created Form 801, an offer summary document that satisfies the conditions of Bill 55, The Stronger Protection for Consumers Act.
Newsletter
RECO: Registrant switches brokerages and changes lawn signs
August 22, 2015
The registrant moved to a new brokerage and changed the lawn signs on properties for clients whom he had represented through his old brokerage. Read the decision from the Real Estate Council of Ontario after complaints were submitted.
Newsletter
Get organized and stay organized
August 22, 2015
Managing your time in the demanding real estate profession can be a challenge. REALTOR® Eric McCartney of York Region shares some of his insights into getting – and staying – organized.
Newsletter
Fall into technology events
July 18, 2015
If you want to stay on the cutting edge of technology in real estate, come to one or more events this fall around the province as part of the series called Emerge: Moving You Forward with the Tools for Tomorrow.
Newsletter
Consumers show confidence in local markets: Index
July 18, 2015
What do Ontario consumers really think about the current real estate market? Learn more in the newest results from the Ontario Home Ownership Index research study.
Newsletter
Legal Beat: Lack of electricity a reminder that REALTORS® must verify facts
July 18, 2015
The registrant was selling two vacant rural lots and his signs and advertisements stated that the properties were “fully serviced” by an electricity source on the road at the edge of the property. A court case ensued when the buyer learned that electricity service was lacking.
Newsletter
Miss Real Estate Manners: Do unto others
July 18, 2015
Treat your colleagues, customers and clients the way you would like to be treated. Read the second installment of tips and advice from the London and St. Thomas Association of REALTORS® (LSTAR).
Newsletter
Miss Real Estate Manners: Show courtesy
June 7, 2015
Courtesy, communication and common sense are the three “C”s that real estate brokers and salespeople should follow in doing business. The London and St. Thomas Association of REALTORS® shares some tips from its “Miss Real Estate Manners” summary of good behaviour.
Newsletter
Motorcycle ride for charity celebrates 10th anniversary
June 5, 2015
The rubber meets the road on Wednesday, July 8 in this year’s Motorcycle Ride for Charity. Take part in the ride or sponsor a rider to support the many shelter-related charities that benefit from the ride organized by the Ontario REALTORS Care® Foundation.
Newsletter
Avoid advertising pitfalls
June 8, 2015
Make sure your real estate advertisements follow the provincial guidelines to prevent complaints and fines for false or misleading advertising. The industry regulator, the Real Estate Council of Ontario, outlines some of the most common mistakes spotted in real estate ads.
Newsletter
Wired Office: Big data is key to real estate service
June 6, 2015
Big data is everywhere, and more consumers are doing at least some online searches of their own before contacting a REALTOR®. Find out how big data can help you give a better service to your clients and customers even in today’s wired world.
Newsletter
Legal Beat: Buyers will find out eventually
June 4, 2015
The sellers in this case experienced water damage at their property, a fact not disclosed during the real estate transaction. A lawsuit was launched after the buyers learned from their new neighbours about previous water and mould problems at the house.
Newsletter
Awards honour volunteers, milestones
June 3, 2015
Volunteers are the backbone of many organizations. That’s why the efforts of volunteers in the province’s real estate community were recognized by the Ontario Real Estate Association (OREA).
Newsletter
OREA training video popular
June 1, 2015
A video blog post on how to give clear classroom instructions has found popularity on YouTube. It is just one in a series of instructional videos for trainers that help facilitate classroom sessions.
Newsletter
Supporters of charities, shelters recognized
June 2, 2015
Many REALTORS® help families find the perfect home, but they also do a great deal of volunteer work to support charities that give shelter to the homeless and others in need. The Ontario REALTORS Care® Foundation honoured various individuals and groups for their charity work.
Newsletter
Four tips for a hassle-free move: RECO
June 8, 2015
The Real Estate Council of Ontario (RECO) has published tips to help consumers select the best mover. Share these tips from Consumer Protection Ontario with your clients and customers.
Newsletter
Hone your negotiation skills
May 6, 2015
Even a flock of chickens can be the subject of dispute in a real estate transaction. Negotiation is vital in this line of work, and the more you hone your negotiating skills, the more successful your career will be. Read more about negotiating skills and the art of the deal from three Ontario REALTORS®.
Newsletter
Developing your brand
May 5, 2015
Branding in real estate yields tangible results. A pair of REALTORS® learned this after asking some tough questions in the process of developing their brand. Find out how an Ottawa team achieved lasting recognition by developing its brand.
Newsletter
Rules vary for basement apartments, second suites
May 5, 2015
Be cautious in your approach to properties with basement apartments, second suites or in-law suites. That’s because the laws vary across the province and can be a legal minefield.
Newsletter
President’s Message from Patricia Verge
May 4, 2015
The president of the Ontario Real Estate Association notes that change is the new normal in today’s business world. Patricia Verge discusses the challenges and changes in real estate today.
Newsletter
RECO decision: Memory fails registrant who conveys wrong price
May 5, 2015
A registrant’s mistaken price presentation leaves the sellers out of pocket and the buyers out of luck following this transaction, which leads to a RECO complaint.
Newsletter
Legal Beat: Saturday closing leads to lawsuit
May 2, 2015
A closing that was scheduled for a Saturday in an agreement of purchase and sale (APS) led to legal issues in an Ontario property transaction.
Newsletter
Unveiling the OREA Real Estate College alumni program
May 6, 2015
A graduate’s connection to his or her college should not end on graduation. That’s why the OREA Real Estate College has launched a new alumni program.
Newsletter
Snapshot of OREA members revealed
May 3, 2015
A new survey of members of the Ontario Real Estate Association (OREA) provides valuable information and helps create a profile of members across the province. Find out more about the age, language, locations, and type of real estate transactions conducted by members.
Newsletter
Motorcycle ride for charity
May 2, 2015
This year’s Motorcycle Ride for Charity organized by the Ontario REALTORS Care® Foundation will take place on Wednesday, July 8. Riders depart from the OREA headquarters in Don Mills, with several stops on the way to Ottawa.
Newsletter
Annual report now available
May 1, 2015
An interactive version of the 2015 annual report of the Ontario Real Estate Association is now posted to the OREA website, with electronic links to bring you more information on the products and services provided by OREA.
Newsletter
Bridging the generation gap in real estate
May 3, 2015
It has never been more important for young and old to work together. In an industry that is constantly evolving, both new and seasoned REALTORS® must collaborate and share knowledge, argues one Ontario broker.
Newsletter
Foundation board installed
May 1, 2015
The board of directors of the Ontario REALTORS Care® Foundation for 2015 was officially installed at the annual OREA conference.
Newsletter
RECO website refreshed
May 3, 2015
The Real Estate Council of Ontario recently unveiled its new website. The site has been revised to better serve the needs of both consumers and real estate professionals.
Newsletter
The importance of repeat business and referrals
April 4, 2015
Word-of-mouth advertising is a vital way to build your business. Referrals and repeat business are crucial to your success in real estate. In this feature article, three Ontario REALTORS® talk about the strategies they use to get referrals and generate repeat business.
Newsletter
REALTOR® value advertising campaign continues
April 3, 2015
An ad campaign designed to promote REALTOR® value to the public will continue until the end of 2018. That decision is the result of a vote on a special levy to fund the extension of the campaign at the annual general meeting of the Ontario Real Estate Association (OREA).
Newsletter
The benefits of volunteering in real estate
April 1, 2015
Many personal and professional benefits come from volunteering, as the president of a local real estate association learned after a year in office.
Newsletter
REALTOR® Quest the largest show of its kind
April 2, 2015
On May 6 and 7, thousands of real estate professionals will gather at the Toronto Congress Centre for Canada’s largest REALTOR® trade show and conference, featuring seminars, learning opportunities and up to 240 exhibitors.
Newsletter
Personal real estate corporations the focus of bill
April 3, 2015
A bill introduced recently at Queen’s Park aims to change legislation to allow real estate salespeople in Ontario to incorporate. The Tax Fairness for Realtors Act would bring Ontario in line with six other Canadian provinces.
Newsletter
Legal Beat: Use forms properly and fill in the blanks
April 2, 2015
A contract became null and void after forms were not completed properly and a notice waiving conditions was not delivered personally to the seller.
Newsletter
Technology and real estate the focus of event
April 3, 2015
RETechTalks is a conference with a focus on technology and real estate, described as a day to learn from the very best people in Toronto real estate.
Newsletter
OREA News: New board of directors for 2015
April 3, 2015
The Ontario Real Estate Association officially installed its new president and board of directors at the annual meeting in Toronto on March 11.
Newsletter
Market Watch: Housing affordability slips nationally
April 1, 2015
Solid increases in Ontario home prices were key to the slight erosion in housing affordability across Canada, according to a housing trends report.
Newsletter
Surviving the busy spring season
March 26, 2015
Although springtime means sunshine and flowers in bloom, it represents the busiest time of year in real estate. Three experienced Ontario REALTORS® share their ideas and insights on how to cope and thrive during the industry’s busiest season.
Newsletter
Green real estate conference
March 19, 2015
The business case for environment-friendly buildings has never been stronger. Learn more at the upcoming Green Real Estate Conference on April 23 at the Metro Toronto Convention Centre.
Newsletter
Women’s hockey star and IBC promote road safety
March 19, 2015
Drive according to weather conditions. That’s the message of a new road safety video produced by the Insurance Bureau of Canada (IBC) featuring Canadian women’s hockey star Kelly Terry. Watch the video here.
Newsletter
RECO: Agreement to lease doesn’t show that tenant would rent to students
March 22, 2015
In this RECO decision, the registrant was disciplined after the owner of a property discovered that her property had been turned into a rooming house for students.
Newsletter
Remind consumers to hire contractors who work safely
March 24, 2015
Renovation work done by the wrong contractor can create expensive problems. The Ontario Ministry of Government and Consumer Services has crafted tips to help consumers select contractors who work safely.
Newsletter
Legal Beat: Installation of ATM the focus of commercial dispute
March 25, 2015
The landlord and tenant in this commercial dispute disagreed over the installation of an automated teller machine (ATM) on the property. The court case drained cash at a pace that rivalled that of the dispensing machine itself.
Newsletter
New advertisements released in REALTOR® value campaign
March 20, 2015
An exciting new slate of advertisements is being released March 2 to promote REALTOR® value to consumers across Ontario.
Newsletter
OREA website refreshed
March 20, 2015
A bold new look and feel is evident on the OREA website, making it quicker and easier for you to get what you need to succeed in your real estate career.
Newsletter
News: Call for volunteers
March 20, 2015
Joining a committee or task force is a great way to meet real estate colleagues and make a contribution to your profession. The deadline to apply is March 20.
Newsletter
Welcome to the digital EDGE
February 22, 2015
OREA is pleased to launch an all-electronic version of The REALTOR® EDGE newsletter, full of useful news and information to help you in your real estate business.
Newsletter
Safety first should be motto for REALTORS®
February 22, 2015
Safety is highly important for those working in real estate. Three REALTORS® share their experiences and talk about the importance of taking precautions when showing properties or hosting an open house.
Newsletter
Broader export demand predicted: RBC
February 22, 2015
Canada’s economy is expected to see higher export growth in 2015, despite the recent decline of oil prices, says a new report.
Newsletter
Housing outlook for 2015 shows modest gains
February 22, 2015
Most regions posted modest gains in average prices of residential homes despite increased inventory in many of Canada’s housing markets, according to a recent report from RE/MAX.
Newsletter
Levy recommended to fund REALTOR® value ad campaign
February 22, 2015
For two years OREA has promoted the value of REALTORS® via a mass advertising campaign. Delegates to the OREA AGM in March will be asked to vote on a special levy to continue to fund the campaign.
Newsletter
Ontarians feel better about economy, real estate markets
February 22, 2015
Six out of 10 Ontarians surveyed say the state of their city’s economy is good, up from 53 per cent last year, according to a research study commissioned by OREA and Ipsos Reid.
Newsletter
Embracing the growing heritage market
February 22, 2015
The heritage market is growing swiftly thanks to a boom in home renovations. Conservation expert Robert Hulley shares his insights for REALTORS® who want to capitalize on the opportunities.
Newsletter
Legal Beat: Plaintiff in commercial case has great expectations
February 22, 2015
An executive seeking to develop commercial condos spent nearly $100,000 on marketing then sued his brokerage for reimbursement after the relationship soured.
Newsletter
Save the date
February 22, 2015
It's time to jot down the date for the Ontario Real Estate Association’s Annual Assembly Meeting and REALTORS Care® Foundation Annual General Meeting.
Newsletter
News: Call for volunteers
February 22, 2015
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession. Serving your profession in this way works to enhance your knowledge of and connections to the field.
Newsletter
The EDGE goes green
January 22, 2015
Starting next month, The REALTOR® EDGE newsletter will be delivered in an electronic format only. This month's issue is the last print edition, marking the end of an era - and a new beginning - for the highly popular newsletter produced by the Ontario Real Estate Association.
Newsletter
Real estate couples: Sold on partnerships
January 22, 2015
Many couples find that working together at the same real estate brokerage strengthens both their marriage and their business, as well as drawing on complementary skills.
Newsletter
Backing up your data
January 22, 2015
If you haven’t backed it up, then you don’t have it. So goes the rule about copying and archiving your computer data. If your files - documents, photographs, videos, music etc. - are not backed up in at least one secondary place, then they’re as good as gone.
Newsletter
Buyers’ regrets reported: RECO
January 22, 2015
Almost half (45%) of first-time buyers and 41% of home owners wish they had done something differently during the transaction, says a survey from the Real Estate Council of Ontario.
Newsletter
Modest overvaluation of housing prices: CMHC
January 22, 2015
A modest amount of overvaluation was observed by the Canada Mortgage and Housing Corporation (CMHC), meaning that house prices in the country are slightly higher than what underlying factors suggest they should be.
Newsletter
Condominium living means following rules
January 22, 2015
This case focused on ongoing issues between a condominium corporation and one of its unit owners who continued to defy restrictions at the property.
Newsletter
News: Call for volunteers
January 22, 2015
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession. Serving your profession in this way works to enhance your knowledge of and connections to the field.
Newsletter
Save the date
January 22, 2015
It's time to jot down the date for the Ontario Real Estate Association’s Open Forum, Annual Assembly Meeting and REALTORS Care® Foundation Annual General Meeting.
Newsletter
Jam raises funds
January 22, 2015
Music, dancing and jamming were all for a good cause at the Jam with a Past President held in conjunction with OREA’s recent Political Affairs Conference (PAC) in Toronto.
Newsletter
Books and ideas to ring in the New Year
December 28, 2014
A new year offers a fresh start and a chance to embrace change. The EDGE newsletter spoke to REALTORS® from across the province who shared their thoughts about books and ideas to ring in 2015.
Newsletter
President's message
December 28, 2014
OREA President, Costa Poulopoulos, reports on the latest advocacy work being undertaken by the Ontario Real Estate Association on issues that matter to REALTORS® and real estate in his winter message.
Newsletter
College wins prestigious award
December 28, 2014
The OREA Real Estate College has won an educational programming award from the Learning Resources Network (LERN), the world’s largest association devoted to continuing education and lifelong learning.
Newsletter
Call for candidates – Foundation
December 21, 2014
Interested in running for a position on OREA’s 2015 board of directors? The following positions are up for election: four Provincial Directors (made up of one each from the Western, Northern, Eastern and Central Ontario Areas), and two Directors-at-Large.
Newsletter
Call for candidates – OREA
December 21, 2014
Interested in running for a position on OREA’s 2015 board of directors? The following positions are up for election: four Provincial Directors
Newsletter
Driving in my car: REALTORS® and their vehicles
December 21, 2014
Driving is a big part of our jobs. Having been raised by a REALTOR®, I learned that fact early on.
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Helping your clients deal with form overload
December 21, 2014
Real estate transactions involve pages and pages of forms, and a key part of your job is to help consumers navigate their way through them.
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Hotsheet: Household safety tips from IBC
December 21, 2014
The short, dark days at this time of year provide an opportunity to turn your attention to household safety.
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Looking for volunteers
December 21, 2014
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
Newsletter
Market Watch: Green real estate conference
December 21, 2014
The business case for green buildings has never been stronger. Market interest in greening new and existing buildings is at an all-time high.
Newsletter
OREA wants your input
December 21, 2014
Join OREA’s research panel and your valuable opinions will help to guide policies, develop educational opportunities and evaluate OREA services.
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Stay safe while you’re on the job
December 21, 2014
Pay attention to safety issues and develop good habits to ensure that you keep safety in mind at all times when working in real estate.
Newsletter
Updates to forms and clauses
December 21, 2014
The Standard Forms Committee of the Ontario Real Estate Association (OREA) has approved the revisions and creation of new forms and clauses for 2015.
Newsletter
Breaking up is hard to do: Dumping a client
November 20, 2014
Dumping a client does not happen often, but over the course of your real estate career a breakup or two is bound to occur.
Newsletter
Tips to avoid a client breakup
November 20, 2014
Pre-qualify buyers. Sometimes they are not realistic. Everything comes down to qualifying. Sort out wants, needs and “must haves” and make sure that the money for a purchase is actually available.
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Jobs, economic activity threatened by land transfer tax
November 20, 2014
A significant loss of jobs and economic activity in Mississauga, London, Hamilton, Ottawa and Thunder Bay will occur if a municipal land transfer tax is imposed in those cities
Newsletter
Hotsheet: Index Home Buyers’ Plan: CREA
November 20, 2014
The Canadian Real Estate Association (CREA) has launched a call to action to REALTORS® to urge the government to index the Home Buyers’ Plan (HBP) to inflation.
Newsletter
Market Watch: Businesses rely more on mobile technology
November 20, 2014
The Canadian Real Estate Association (CREA) has launched a call to action to REALTORS® to urge the government to index the Home Buyers’ Plan (HBP) to inflation.
Newsletter
RECO decision: Advertisement causes problems
November 20, 2014
The following decision from RECO Discipline and Appeals Hearings has been condensed and all names have been changed.
Newsletter
Ad campaign to promote REALTOR® Value continues
November 20, 2014
Promoting the value of using a REALTOR® to the public has been the focus of a recent advertising campaign by the Ontario Real Estate Association (OREA), and the message is getting through.
Newsletter
Legal Beat: Deception over fire leads to lawsuit
November 20, 2014
One of the buyers of a property had respiratory problems. Before making a purchase, the buyers instructed their real estate representative to ask whether a fire had ever occurred in that house.
Newsletter
Political Affairs Conference in November
November 20, 2014
The Ontario Real Estate Association will hold its 2014 Political Affairs Conference (PAC) from Nov. 23 to 25 at Toronto’s Park Hyatt Hotel, 4 Avenue Road.
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Call for candidates – OREA
November 20, 2014
Interested in running for a position on OREA’s 2015 board of directors?</strong> The following positions are up for election: four Provincial Directors
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Call for candidates - Foundation
November 20, 2014
Interested in running for a position on the Foundation’s 2015 board of directors? The following positions are up for election: three REALTOR® Directors
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Reaping rewards from rental sales
October 23, 2014
Many buyers today are looking for investment properties like apartment buildings or vacation homes that they can rent out.
Newsletter
Budgeting most important strategy for home buyers: Research
October 23, 2014
Ontarians planning to buy a home in the next two years cited various financial strategies to save for a down payment
Newsletter
RECO decision: Sales rep enters property without permission
October 23, 2014
The following decision from RECO Discipline and Appeals Hearings has been condensed and all names have been changed.
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Hotsheet: Tips to prevent house fires
October 23, 2014
Fires claim lives and cost millions of dollars in damage every year. To prevent these tragedies, the Insurance Bureau of Canada offers tips for preventing house fires and saving lives.
Newsletter
Market Watch: Employment growth looks brighter for late 2014
October 23, 2014
A rebound in economic growth recently and expectations for future solid growth bode well for employment prospects, according to a new report.
Newsletter
Political Affairs Conference in November
October 23, 2014
The Ontario Real Estate Association will hold its 2014 Political Affairs Conference (PAC) from Nov. 23 to 25 at Toronto’s Park Hyatt Hotel, 4 Avenue Road.
Newsletter
Train for success with new online course
October 23, 2014
Real Estate Professionals at Work is a new online professional development course designed for REALTORS® to apply the principles of professionalism in their day-to-day practices.
Newsletter
Legal Beat: Caught in a “net-net” of confusing language
October 23, 2014
The commercial tenant in this case had a three-year lease that was renewed for two years and then for a further two years.
Newsletter
Second video produced in OREA series
October 23, 2014
A new video aimed at helping you to connect with consumers has been produced by the Ontario Real Estate Association (OREA).
Newsletter
Technology and strategy the focus of events
October 23, 2014
Boosting your technology skills and enhancing your strategic approach to your real estate business are the focus of a series of events offered this fall by the Ontario Real Estate Association.
Newsletter
Gimme five: The deposit and five business days
September 23, 2014
Once an offer is accepted by both parties in a real estate deal, the buyer’s deposit must be delivered to the brokerage in accordance with the terms outlined in the Agreement of Purchase and Sale (APS).
Newsletter
Quiz: Deposit and five business days
September 23, 2014
Here’s a quiz to test your knowledge. In all of these instances, assume that the offer has been accepted by both parties to an APS and that the deposit in question has been delivered in accordance with the terms of the APS. T
Newsletter
Index reveals consumer perceptions of market
September 23, 2014
What do Ontario consumers really think of the current real estate market?
Newsletter
Hotsheet: New RECO mobile app
September 23, 2014
A new mobile app was launched by the Real Estate Council of Ontario (RECO) this summer.
Newsletter
Market Watch: Price surges in big cities mask temperate national market
September 23, 2014
Home prices are expected to increase steadily in Canada for the remainder of 2014, with the average price of a home in Canada rising between 3.9 and 5.2 per cent in the year’s second quarter, according to a new report.
Newsletter
Serving as a resource and a mediator
September 23, 2014
The consumer perception of what we do in our line of work is very different from the reality of my daily activities.
Newsletter
Technology and strategy the focus of events
September 23, 2014
Boosting your technology skills and enhancing your strategic approach to your real estate business are the focus of a series of events offered this fall by the Ontario Real Estate Association.
Newsletter
Legal Beat: Structure is aerodrome, not boathouse, owner argues
September 23, 2014
The purchaser of this Ontario recreational property was a long-time developer.
Newsletter
Association wins diversity award
September 23, 2014
The Ontario Real Estate Association (OREA) has won an award for its efforts on workplace diversity.
Newsletter
New and improved student handbook
September 23, 2014
An updated and enhanced student handbook produced by the OREA Real Estate College is now available.
Newsletter
Motorcycle ride a success
September 23, 2014
Good riding weather helped to ensure the success of this year’s Motorcycle Ride for Charity.
Newsletter
Dollars and sense: Managing your money
August 23, 2014
Starting out in real estate can be financially challenging, especially given the initial lack of income and the volume of upfront expenses.
Newsletter
Technology events across the province
August 23, 2014
Keep your technology skills sharp by attending one or more in a series of events offered by the Ontario Real Estate Association in the coming months.
Newsletter
Hotsheet: Global property market the focus of conference
August 23, 2014
The 9th annual Global Property Market is a targeted opportunity for Canadian institutional investors, real estate income trusts, real estate operating companies and private equity funds.
Newsletter
Market Watch: Manufacturing sector continues to be sluggish
August 23, 2014
Manufacturers in Canada recently signalled the slowest improvement in overall business conditions in four months, largely reflecting a further moderation in output growth,
Newsletter
Etiquette and best practices for real estate showings
July 27, 2014
Security is important to consumers and it’s one of the reasons they choose to use a REALTOR®.
Newsletter
Legal Beat: Choose words carefully in commercial documents
July 27, 2014
The listing agreement in this case stipulated that: a commission will be paid if the property is sold; the commission will be paid after the sale is completed;
Newsletter
Index to track consumer opinions
July 27, 2014
The Ontario Home Ownership Index is an exciting new initiative from the Ontario Real Estate Association (OREA) to help you learn more about the public’s views on the real estate market across the province and at a more local level.
Newsletter
Video promotes value of REALTORS®
July 27, 2014
A new video aimed at helping you to connect with consumers has been produced by OREA.
Newsletter
Running a real estate brokerage
June 22, 2014
While many real estate salespeople focus on serving consumers who are buying or selling properties, a broker of record serves a different clientele -- the REALTORS® themselves.
Newsletter
Municipal land transfer tax costs Toronto billions
June 22, 2014
The municipal land transfer tax (MLTT) in Toronto is responsible for a massive loss of economic activity and a corresponding loss of thousands of jobs, according to new research by the Ontario Real Estate Association (OREA).
Newsletter
Hotsheet: Support the Motorcycle Ride for Charity
June 22, 2014
Revving up their engines, REALTORS® from across the province will be participating in this year’s Motorcycle Ride for Charity.
Newsletter
Market Watch: Financial planning crucial for persons with disabilities
June 22, 2014
A financial plan can play a pivotal role in easing financial stress for the 3.8 million Canadians with a disability and those caring for them, according to a new report.
Newsletter
Wired Office: Making your home smarter with technology
June 22, 2014
It used to be that in order to turn a light on or off, you walked over to it and flicked a switch. Since then we have progressed to timers, so if you aren’t home, you can set the lights to go on and off at predetermined times.
Newsletter
Legal Beat: Commercial tenant alleges breach of good faith
June 22, 2014
Is there a duty at common law to bargain in “good faith”? Various courts in the United States have replied that there is. However, most Canadian courts have responded that there is not.
Newsletter
Technology events in 2014
June 22, 2014
If you want to stay on the cutting edge of technology in real estate, come to one or more in a series of events offered in the months ahead by the Ontario Real Estate Association.
Newsletter
Foundation announces new name and logo
June 22, 2014
Foundation announces new name and logo
Newsletter
Cross-cultural competency is good business
May 26, 2014
The ability to work with people of different cultures and backgrounds is not only a good interpersonal skill, but it can also help your business.
Newsletter
Hotsheet: Heart trumps head among buyers - RECO
May 26, 2014
The heart often overrules the head when it comes to buying a home, according to a new study into the behaviour of Ontario’s home owners released by the Real Estate Council of Ontario (RECO).
Newsletter
Market Watch: CMHC to increase mortgage insurance premiums
May 26, 2014
Following the annual review of its insurance products and capital requirements, CMHC is increasing its mortgage loan insurance premiums for home owners and rental properties of one to four units, effective May 1.
Newsletter
Campaign launched to stop spread of tax
May 26, 2014
Preventing the spread of municipal land transfer taxes (MLTT) is the focus of a new advocacy campaign at the Ontario Real Estate Association.
Newsletter
Goal setting in real estate
May 26, 2014
With the arrival of spring, we are often filled with a sense of renewal. This is an ideal time to assess our business plan and set new goals.
Newsletter
Government examines electronic signatures legislation
May 26, 2014
Electronic agreements of purchase and sale will mean faster and more convenient transactions for REALTORS® and consumers.
Newsletter
Legal Beat: Signed agreement facilitates payment of commission
May 26, 2014
The sellers in this case initially tried to sell their home in Ancaster, Ontario by themselves. They subsequently listed it with the REALTOR® on May 6. The commission was 5 per cent and there was a 60-day holdover period.
Newsletter
Annual report now available
May 26, 2014
Find out what your association has been doing for you over the past year. A new annual report from the Ontario Real Estate Association (OREA) outlines the products and services available to you, as well as summarizing association activities over the past year.
Newsletter
Take part in new technology events
May 26, 2014
If you want to stay on the cutting edge of technology in real estate, come to one or more in an upcoming and popular series of events offered by the Ontario Real Estate Association.
Newsletter
Sponsors contribute to conference success
May 26, 2014
The OREA 2014 Annual Conference at Toronto’s Westin Harbour Castle Hotel in March was a great success.
Newsletter
Guiding first-time home buyers
April 22, 2014
Buying a home can be a highly emotional experience, and REALTORS® who work with first-time buyers often find themselves tempering their clients’ dreams with a dose of reality.
Newsletter
Hotsheet: NAR conference and expo
April 22, 2014
Registration opens on May 7 for the 2014 REALTORS® Conference and Expo organized by the U.S.-based National Association of REALTORS® (NAR).
Newsletter
Market Watch: Financial services show progress on women’s issues
April 22, 2014
Eighty-five per cent of Canadians feel that the financial services industry has made progress in addressing women’s issues, but more work needs to be done.
Newsletter
OREA website engages viewers
April 22, 2014
A dramatic increase in mobile traffic to the website of the Ontario Real Estate Association (OREA) has occurred over the past year, according to a new report.
Newsletter
Being thorough in your real estate transactions
April 22, 2014
Thoroughness takes time - a commodity often in short supply in our line of work. The demands on our time, from client meetings and office work to family commitments, can make it difficult for REALTORS® to be thorough.
Newsletter
Legal Beat: Dispute over amount of parking leads to lawsuit
April 22, 2014
This case deals with the amount of parking provided to a commercial tenant in a shopping mall. The tenant, Farm Boy Inc., operates grocery stores in the Ottawa area and leased space in a mall.
Newsletter
OREA board of directors for 2014
April 22, 2014
The Ontario Real Estate Association officially installed its new President and Board of Directors at the Annual Assembly Meeting and Leadership Conference from March 4 to 6 in Toronto.
Newsletter
Foundation board of directors for 2014
April 22, 2014
The REALTORS Care Foundation officially installed its new President and Board of Directors for 2014 at the OREA Leadership Conference in Toronto.
Newsletter
Younger Ontarians value owning home
April 22, 2014
Home ownership is important to the younger residents of Ontario, according to a new survey conducted by Ipsos Reid for the Ontario Real Estate Association (OREA). In the research, 79 per cent of those surveyed in Generation X
Newsletter
Commercial real estate offers challenges, opportunities
March 21, 2014
REALTOR shows buyers a commercial buildingWalk through any town in Canada and you’ll undoubtedly see signs on lawns and billboards promoting local brokerages.
Newsletter
Flexible remuneration a positive change
March 21, 2014
REALTOR workingBrokerages will now be able to give consumers more options on how to pay for real estate services.
Newsletter
Hotsheet: CanTech Conference in April
March 21, 2014
The Canadian Real Estate Technology Conference will take place on Thursday, April 10 at the Metro Toronto Convention Centre, South Building.
Newsletter
Market Watch: Seller’s market predicted in large cities
March 21, 2014
Conditions for the real estate market across Canada continue to be strong and increasing prices are predicted for the spring market, a new report states.
Newsletter
Customer Service Centre lends a helping hand
March 21, 2014
If you’ve ever had a question about courses you need or continuing education you wish to pursue in real estate, the Customer Service Centre at the OREA Real Estate College is there to respond.
Newsletter
Legal Beat: Seller’s remorse occurs after rumours of demolition
March 21, 2014
The house owner in this case sold her property for $1.7 million and then changed her mind. Her major complaint was that she learned that the buyer might demolish the house.
Newsletter
Home inspectors should be regulated
March 21, 2014
The Ontario home inspection industry should be regulated, according to the Ontario Real Estate Association.
Newsletter
Thunder Bay board turns 100
March 21, 2014
The Thunder Bay Real Estate Board is celebrating its 100th birthday in 2014.
Newsletter
Leave emotions out of negotiations
February 21, 2014
Negotiating in real estate can be difficult when emotions get in the way.
Newsletter
Campaign boosts public perception of REALTORS®
February 21, 2014
Realtor shows professional man a property on left side of campaign posterAn exciting new ad and media relations campaign has enhanced the public perception of REALTORS®, recent surveys reveal.
Newsletter
Hotsheet: Land and development conference in Toronto
February 21, 2014
The 10th annual Land & Development Conference will take place on May 13, 2014 at the Metro Toronto Convention Centre, North Building.
Newsletter
Market Watch: Canada to benefit from a strengthening U.S. economy
February 21, 2014
Canada’s economy is expected to perk up in 2014, supported by an increase in exports and strengthening business investment, according to a new report.
Newsletter
Estimating the value of a heritage property
February 21, 2014
Valuing a heritage home requires certain specialized skills.
Newsletter
Legal Beat: Prove you took reasonable steps to fulfill terms
February 21, 2014
A typical OREA conditional clause may include the following words: “Unless the buyer gives notice in writing delivered to the seller personally or in accordance with any other provisions for the delivery of notice in this Agreement of Purchase and Sale or any Schedule
Newsletter
Optimism about market, economy
February 21, 2014
Ontarians seem hopeful about the provincial real estate market, according to new research conducted by the polling firm of Ipsos Reid for the Ontario Real Estate Association (OREA).
Newsletter
Looking for volunteers
February 21, 2014
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
Newsletter
Save the date
February 21, 2014
The Ontario Real Estate Association’s Open Forum, Annual Assembly Meeting and REALTORS Care Foundation Annual General Meeting will take place on Wednesday, March 5 at the Westin Harbour Castle Hotel in Toronto.
Newsletter
Stressed out: Managing workplace stress
January 26, 2014
In today’s go-go-go world, where wireless connections allow for instant communication any time of day or night, no-one is immune to stress from the fast pace of life.
Newsletter
STRESS BUSTING TIPS:
January 26, 2014
Be aware of your stressors and take the following preventative steps:
Newsletter
Tools and technology series a hit
January 26, 2014
The demand for skills and knowledge of tools and technology in real estate continues to grow, according to organizers of a new series of events offered this past fall by the Ontario Real Estate Association.
Newsletter
Carbon monoxide detectors to be mandatory in homes
January 26, 2014
The Ontario legislature recently passed a bill to make carbon monoxide detectors mandatory in homes across the province.
Newsletter
Market Watch: Tighter inventory for commercial property
January 26, 2014
While unprecedented levels of demand were reported for commercial real estate in key Canadian markets in 2013, a shortage of available product continues to hamper sales activity virtually across the board,
Newsletter
Wired Office: Out with the old, in with the new
January 26, 2014
Interested in earning some quick cash (or gift cards)? It’s as easy as gathering up your old technology and selling it or trading it in.
Newsletter
Legal Beat: Words matter in agreements and can lead to litigation
January 26, 2014
Interested in earning some quick cash (or gift cards)? It’s as easy as gathering up your old technology and selling it or trading it in.
Newsletter
Updates to forms and clauses for 2014
January 26, 2014
The Standard Forms Committee of the Ontario Real Estate Association (OREA) has approved the revisions and creation of new forms and clauses for 2014.
Newsletter
Save the date
January 26, 2014
The Ontario Real Estate Association’s Open Forum, Annual Assembly Meeting and REALTORS Care Foundation Annual General Meeting will take place on Wednesday, March 5 at the Westin Harbour Castle Hotel in Toronto.
Newsletter
Looking for volunteers
January 26, 2014
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
Newsletter
Time management in real estate
December 7, 2013
In the fast-paced world of real estate, time management is more important than ever.
Newsletter
Time management technology tips
December 7, 2013
Take a basic computer course to learn more about how to operate your system. If something goes wrong, there’s a greater likelihood that you’ll have some idea of what to do.
Newsletter
Lobbying for personal real estate corporations
December 7, 2013
In Ontario, real estate salespeople are among the few regulated professions that are not permitted to incorporate under current laws.
Newsletter
Hotsheet: Green real estate conference
December 7, 2013
Although robust economic conditions have not yet returned across North America, market interest in greening new and existing buildings is at an all-time high.
Newsletter
Market Watch: 2014 housing starts to remain stable: CMHC
December 7, 2013
Canada Mortgage and Housing Corporation (CMHC) expects total housing starts to be stable in 2014, as fundamentals such as employment growth and migration continue to support the Canadian housing market.
Newsletter
Building a client base in real estate
December 7, 2013
As a REALTOR®, I am always thinking about my client base – how to build it and how to maintain it.
Newsletter
Legal Beat: Two sets of buyers leads to court case
December 7, 2013
In this case that took place in the United States, an Ohio couple wanted to buy a house.
Newsletter
Call for candidates - OREA
December 7, 2013
Interested in running for a position on OREA’s 2014 board of directors? The following positions are up for election
Newsletter
Call for candidates - Foundation
December 7, 2013
Interested in running for a position on the Foundation’s 2014 board of directors? The following positions are up for election
Newsletter
Looking for volunteers
December 7, 2013
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
Newsletter
Amendments: Second thoughts on the APS
November 12, 2013
An amendment – a change to one or more terms in an agreement – is a tool commonly used in real estate.
Newsletter
Media successes in REALTOR® value campaign
November 12, 2013
This fall marks the launch of an exciting new campaign to promote the value of REALTORS®.
Newsletter
Hotsheet: Conversations before living together
November 12, 2013
Moving in together is a big step in any relationship, and RE/MAX has provided some suggestions of discussions that couples should have before taking the plunge.
Newsletter
Market Watch: Online is where it's at for small business
November 12, 2013
Canadians choose small businesses based largely on how those firms use technology, according to a survey by TD Canada Trust.
Newsletter
Wired Office: Sharing is caring with social media
November 12, 2013
Social media is many things. It is about conversations, storytelling and relationship building through the sharing of useful content. This column focuses on how to share content.
Newsletter
Legal Beat: Driving log would add evidence to tax appeal
November 12, 2013
In this case, the appellant is a self-employed residential REALTOR® working with RE/MAX who was remunerated on a commission basis.
Newsletter
Call for candidates - OREA
November 12, 2013
Interested in running for a position on OREA’s 2014 board of directors? The following positions are up for election
Newsletter
Call for candidates - Foundation
November 12, 2013
Interested in running for a position on the Foundation’s 2014 board of directors? The following positions are up for election
Newsletter
Political Affairs Conference in November
November 12, 2013
The Ontario Real Estate Association will hold its 2013 Political Affairs Conference (PAC) from Nov. 26 to 28 at Toronto’s Courtyard Marriott Hotel.
Newsletter
Dealing with difficult clients
October 11, 2013
Dealing with challenging clientsDifficult clients can drain you of time and energy and compromise other transactions.
Newsletter
Campaign promotes REALTOR® value
October 11, 2013
An exciting new advertising campaign to promote the value of REALTORS® has been launched by the Ontario Real Estate Association.
Newsletter
Record property damage claims after summer flood
October 11, 2013
More than $850 million in insurance claims have been filed following property damage caused by the intense record rainfall and flash floods in Ontario that occurred on July 8, the Insurance Bureau of Canada (IBC) reports.
Newsletter
Market Watch: U.S. foreclosures down from last year
October 11, 2013
Foreclosure inventories fell 32 per cent in July compared to the previous year, another sign that the foreclosure crisis in the U.S. may finally be over, according to the latest foreclosure report released by CoreLogic and posted to the newsroom of the National Association of REALTORS® (NAR).
Newsletter
RECO: Unsupervised access to seller’s home
October 11, 2013
The following decision from RECO Discipline and Appeals Hearings has been condensed and all names have been changed.
Newsletter
Legal Beat: Increase in development fees passed on to buyer
October 11, 2013
Ontario municipalities charge builders and developers fees for things such as building permits and development costs.
Newsletter
Political Affairs Conference in November
October 11, 2013
The Ontario Real Estate Association will hold its 2013 Political Affairs Conference (PAC) from Nov. 26 to 28 at Toronto’s Courtyard Marriott Hotel.
Newsletter
Learn more about social media
October 11, 2013
If you want to learn more about using social media, you can take part in a free webinar series hosted by the Ontario Real Estate Association (OREA) and the Toronto Real Estate Board (TREB).
Newsletter
Take part in technology events
October 11, 2013
If you want to stay on the cutting edge of technology in real estate, come to one or more events being offered this fall by the Ontario Real Estate Association.
Newsletter
FINTRAC compliance: Know your responsibilities
September 9, 2013
Enduring a FINTRAC audit takes time and effort, but failure to comply can have serious consequences for you and your brokerage.
Newsletter
First anniversary of service for OREA members
September 9, 2013
A new service was launched a year ago for members of the Ontario Real Estate Association (OREA) who are the subject of a complaint to the industry’s regulator, the Real Estate Council of Ontario (RECO).
Newsletter
Canadian Apartment Investment Conference
September 9, 2013
Investors, developers, managers and owners may be interested in the 2013 Canadian Apartment Investment Conference happening on Tuesday, Sept. 24 at the Metro Toronto Convention Centre.
Newsletter
Market Watch: Baby boomers look to downsize
September 9, 2013
A majority of REALTORS® say their clients between the ages of 48 and 67 are searching for smaller properties, according to a June survey.
Newsletter
Take part in new technology events across Ontario
September 9, 2013
If you want to stay on the cutting edge of technology in real estate, come to one or more in a series of events offered this fall by the Ontario Real Estate Association.
Newsletter
iCollege courses: Affordable and informative
September 9, 2013
How much do REALTORS® know about the Buyer Representation Agreement, the Listing Agreement, and the National Do Not Call list?
Newsletter
Legal Beat: Verbal agreement doesn't hold up in court
September 9, 2013
Should the courts allow parol evidence in the context of a written agreement?
Newsletter
Watch for ad campaign
September 9, 2013
The value of using a REALTOR® is at the heart of an exciting new advertising and media campaign being launched by the Ontario Real Estate Association (OREA).
Newsletter
Motorcycle ride a success
September 9, 2013
Motorcycle riders put the rubber to the road this past July to raise funds for the REALTORS Care Foundation.
Newsletter
Enrol in leadership workshop
September 9, 2013
You can earn two Continuing Education credits by enrolling in a Leadership 200 workshop being offered in class on Friday, Sept. 27 at the Ontario Real Estate Association (OREA) office in Don Mills.
Newsletter
Misleading advertising and how to avoid it
August 9, 2013
Advertising matters in real estate -- it can be a powerful tool to attract clients.
Newsletter
Summer energy saving tips for home owners
August 9, 2013
Take steps to make your home or cottage cool, comfortable and sustainable this summer since energy efficiency is always in style, says Phil Dorner, president of the Ontario Real Estate Association.
Newsletter
Gen Y still wants to own homes
August 9, 2013
Generation Y -- those individuals born between 1980 and 1994 -- still want to own a home despite the challenges, according to a survey.
Newsletter
Market Watch: Six in 10 GTA home owners plan to buy again
August 9, 2013
Real estate prices continue to rise, but a new poll says that hasn’t damaged home owners’ belief in the market in the Greater Toronto Area.
Newsletter
Wired Office: Useful apps for real estate professionals
August 9, 2013
Most people with smartphones and tablets take advantage of their devices by installing apps that provide them with up-to-the-minute weather and news reports, improve productivity or just for fun. Admittedly, some apps are more useful than others.
Newsletter
Legal Beat: Faulty valve leads to breach of contract and lawsuits
August 9, 2013
The parties entered into an agreement of purchase and sale on this high-end B.C. property with a closing date no later than Oct. 20, 2008.
Newsletter
Leadership Now e-newsletter
July 5, 2013
If you’d like to learn more about volunteering and leadership, check out the new electronic newsletter produced by the OREA Centre for Leadership Development.
Newsletter
Our graduates speak for themselves
July 5, 2013
Listen to what our graduates are saying about their experiences at the OREA Real Estate College and why it is a great place to learn.
Newsletter
Watch for fall OREA events
July 5, 2013
Stay on the cutting edge of technology in real estate by attending a series of events being organized this fall by the Ontario Real Estate Association.
Newsletter
Support the Motorcycle Ride for Charity
July 5, 2013
It’s not too late to pledge your support for this year’s Motorcycle Ride for Charity.
Newsletter
Website improvements at OREA
July 5, 2013
The Ontario Real Estate Association (OREA) website continues to evolve to meet the needs of our students and members.
Newsletter
iCollege courses: Affordable and informative
July 5, 2013
How much do REALTORS® know about the Buyer Representation Agreement, the Listing Agreement, and the National Do Not Call list?
Newsletter
Safety is paramount for swimming pool owners
June 5, 2013
Ten seconds is all it takes for someone to drown.
Newsletter
Tips for owners of backyard pools
June 5, 2013
Vigilance - Never leave a child alone near water, not even for a second. Don’t be distracted by a ringing phone, doorbell, task or another child.
Newsletter
In the swim: Pools and real estate
June 5, 2013
If you’re selling a home with a swimming pool, be sure your buyer is aware of the risks and responsibilities as well as the benefits.
Newsletter
Housing starts moderate: CMHC
June 5, 2013
Monthly housing starts in Canada totalled 182,754 units compared to 188,369 a month earlier, according to a news release from the Canada Mortgage and Housing Corporation.
Newsletter
Market Watch: Low interest, flattening prices support market
June 5, 2013
Canada’s housing market is being supported by an unprecedented combination of low interest rates, flattening house prices and a strengthening economy, according to a recent survey.
Newsletter
RECO decision: Illegible document leads to complaint
June 5, 2013
The following decision from RECO Discipline and Appeals Hearings has been condensed and all names have been changed.
Newsletter
Merger of two boards announced
June 5, 2013
Two Ontario real estate boards have announced their merger following a membership vote on April 17.
Newsletter
Legal Beat: Disclosing presence of sexual offender in neighbourhood
June 5, 2013
Questions sometimes arise in real estate about how to deal with the sale of a property in the neighbourhood of a convicted sex offender.
Newsletter
Electronic real estate transactions
June 5, 2013
The Ontario Real Estate Association (OREA) successfully advocated for a legislative amendment to the Electronic Commerce Act, 2000, that would facilitate faster, smoother real estate transactions.
Newsletter
Support the Motorcycle Ride for Charity
June 5, 2013
Revving up their engines, REALTORS® from across the province will be participating in this year’s Motorcycle Ride for Charity.
Newsletter
Attention to detail crucial at open houses
May 5, 2013
First impressions can apply to property as well as people.
Newsletter
Enhancing electronic real estate transactions the goal of lobby efforts
May 5, 2013
Electronic agreements of purchase and sale save time and money for consumers and REALTORS®.
Newsletter
NAR conference and expo
May 5, 2013
Registration opens on May 6 for the 2013 REALTORS® Conference & Expo organized by the U.S.-based National Association of REALTORS® (NAR).
Newsletter
Market Watch: First-time buyers still a force
May 5, 2013
Four in 10 Canadians who plan to enter the housing market in the next two years are first-time buyers, according to a new poll.
Newsletter
Wired Office: Tell your story visually with infographics
May 5, 2013
Example of a word cloudA picture is worth a thousand words, which helps explain the growing popularity of infographics (information + graphics).
Newsletter
Marijuana grow-op registry supported by OREA
May 5, 2013
The creation of a province-wide registry of homes that were former marijuana grow operations or clandestine drug laboratories is the goal of a bill introduced in the provincial legislature and supported by the Ontario Real Estate Association (OREA).
Newsletter
Research provides snapshot of REALTORS®
May 5, 2013
A new survey by the Ontario Real Estate Association (OREA) offers a snapshot of the association’s members across the province.
Newsletter
Legal Beat: Confusion over condo boundaries leads to decade of litigation
May 5, 2013
The buyer in this case bought a condominium unit in Toronto. She was under the impression that the unit comprised three floors, from the basement floor up to the ceiling of the third floor of a townhouse complex.
Newsletter
Annual report now available
May 5, 2013
Find out what your association has been doing for you over the past year.
Newsletter
Stay connected with OREA app
May 5, 2013
Get up-to-the-minute news on the real estate industry that you can easily share through the free OREA application for iPhone and iPad.
Newsletter
Single parenting a challenge in real estate
April 5, 2013
Working in real estate is a challenge at the best of times, but combining it with single parenthood is even more daunting.
Newsletter
Foundation supports worthy causes
April 5, 2013
Many people are not aware of all of the charitable work and volunteer time that REALTORS® contribute to worthy causes.
Newsletter
Many boomers don‘t plan to downsize: survey
April 5, 2013
Despite the perception that aging baby boomers may create a glut of traditional single-family homes as they downsize into smaller residences, a new survey shows that demand for suburban detached homes remains strong among those born between 1947 and 1966.
Newsletter
Market Watch: Housing starts show moderation
April 5, 2013
Housing starts in Canada totalled 195,087 units in February, revealing a moderation in demand for housing that means builders are adjusting accordingly, according to a recent news release from the Canada Mortgage and Housing Corporation.
Newsletter
Taking your website from static to standout
April 5, 2013
Taking your website from static to “standout” was the subject of a talk I heard recently in New York. Nicole Nicolay (@nik_nik), founder of Agent Evolution, spoke about ways to transform your website from the same old static venue into something that stands out from the rest and helps generate more business leads.
Newsletter
Legal Beat: Plenty of blame to go around in RECO case
April 5, 2013
This situation involved two salespeople who worked at the same brokerage.
Newsletter
New OREA 2013 board of directors
April 5, 2013
The Ontario Real Estate Association officially installed its new President and Board of Directors at the Annual Assembly Meeting on March 6.
Newsletter
Duty of care to clients and customers
March 5, 2013
The difference between a client and a customer is a crucial one in real estate.
Newsletter
RECO announces changes to mandatory continuing education
March 5, 2013
The Real Estate Council of Ontario (RECO) recently announced changes to the way that mandatory continuing education is delivered to real estate registrants in the province, effective Aug. 1.
Newsletter
Shoe cover dispensers keep floors clean
March 5, 2013
If you want floors and carpets to stay clean at open houses, an automatic shoe cover dispenser may interest you.
Newsletter
Market Watch: Brief mild correction forecast
March 5, 2013
Fewer homes are expected to trade hands in the first half of 2013, which should slow the pace at which home prices rise, according to a new survey.
Newsletter
My first steps as a REALTOR® and working mom
March 5, 2013
When I started working as a real estate administrator, I was 19 years old, didn’t own property and definitely didn’t have kids. I had a nine-to-five job and was ready to take on the world.
Newsletter
Tax credit supports accessibility for seniors
March 5, 2013
A tax credit for modifications to help Ontario seniors make modifications in their homes to improve accessibility is now available.
Newsletter
Legal Beat: Property tax dispute leads to appeal court
March 5, 2013
The owner of a Toronto apartment building appealed his property tax assessment. Before the city made a decision on the taxes, he sold the property.
Newsletter
Items can be viewed before voting
March 5, 2013
Members of the Ontario Real Estate Association who wish to examine proposed amendments to the OREA By-law prior to the Annual Assembly meeting can access the material on the OREA website.
Newsletter
OREA events in March
March 5, 2013
The OREA Open Forum, Annual Assembly Meeting and REALTORS Care Foundation Annual General Meeting will take place on Wednesday, March 6.
Newsletter
OREA website a hit
March 5, 2013
The OREA website continues to attract more viewers with features that make it faster and easier to find what you need.
Newsletter
Winter's tale: When the money isn't coming in
February 18, 2013
If you’re used to a regular paycheque, working for commission can be a big adjustment.
Newsletter
REALTORS® are home owners too
February 18, 2013
Most REALTORS® (88 per cent) surveyed for recent OREA research own their own homes.
Newsletter
Market Watch: Fewer mortgages in arrears: CMHC report
February 18, 2013
As a result of prudent mortgage lending practices, the number of mortgages in arrears in Canada has been trending downward, according to a report released recently by Canada Mortgage and Housing Corporation (CMHC).
Newsletter
App provides easy access to OREA services
February 18, 2013
iPhone with OREA appA dynamic new mobile application has been launched by the Ontario Real Estate Association.
Newsletter
Wired Office: Pinterest for business
February 18, 2013
Pinterest is a virtual bulletin board that lets you organize and share all the beautiful things you find on the web.
Newsletter
Legal Beat: Home renovation not substantial enough for rebate
February 18, 2013
After being denied a tax rebate for a home renovation, this Quebec taxpayer appealed. He had applied for a GST rebate through a program that enabled home owners to recoup some costs for work on a new residential complex or one that had undergone substantial renovation.
Newsletter
OREA events in March
February 18, 2013
The OREA Open Forum, Annual Assembly Meeting and REALTORS Care Foundation Annual General Meeting will take place on Wednesday, March 6, 2013.
Newsletter
Leadership podcasts available
February 18, 2013
Gain valuable insights into leadership in just five minutes. Podcasts featuring a variety of renowned speakers and authors are now available for you to hear in short segments via the Ontario Real Estate Association website.
Newsletter
Thriving Young Professionals Network
February 18, 2013
The Young Professionals Network (YPN) at the Ontario Real Estate Association continues to grow.
Newsletter
Preparing for the booming seniors' market
January 24, 2013
The baby boom generation forms a demographic bulge that has reshaped society as it passed through.
Newsletter
Stopping the municipal land transfer tax
January 24, 2013
Municipalities in Ontario are gearing up to force the province to grant them the authority to charge a municipal land transfer tax (LTT) on home buyers.
Newsletter
Insuring a heritage home can be challenging
January 24, 2013
The market for heritage homes – although not as frenetic as the condo boom -- has rapidly gained interest in recent years.
Newsletter
Tablet ownership on rise
January 24, 2013
Almost half of REALTORS® (47 per cent) own a tablet computer, and nearly 62 per cent said they plan to buy one within the next two years.
Newsletter
MarketWatch: Slight improvement in affordability
January 24, 2013
Canada’s housing market became more affordable as a result of modest declines in home prices and further gains in household incomes, according to a new report.
Newsletter
Ontarians want to know home’s grow-op history
January 24, 2013
An overwhelming majority of Ontario residents (93 per cent) want to know if the home they plan to buy was once a marijuana grow-op or clandestine drug lab, a new survey reveals.
Newsletter
Legal Beat: Document in commercial case means what it says
January 24, 2013
The owners of a hotel first listed their property for sale with a RE/MAX brokerage, where Angelo Muraco worked as their REALTOR®. Although several potential buyers expressed interest, no sale occurred.
Newsletter
Save the date
January 24, 2013
The OREA Open Forum, Annual Assembly Meeting and REALTORS Care Foundation Annual General Meeting will take place on Wednesday, March 6 at the Sheraton Centre Hotel, 123 Queen Street West, Toronto.
Newsletter
Looking for volunteers
January 24, 2013
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
Newsletter
Motorcycle ride supports charity
January 24, 2013
The Motorcycle Ride for Charity organized by the REALTORS Care Foundation has now raised more than $30,000.
Newsletter
Video promotes volunteering
January 24, 2013
A new video to help your real estate board recruit new volunteers has been developed by the OREA Centre for Leadership Development.
Newsletter
Foundation brochure highlights good work
January 24, 2013
A new brochure has been published highlighting the good work of REALTORS® in fundraising for charities and shelters in Ontario.
Newsletter
Warning signs of potential real estate fraud
December 5, 2012
It may be as simple as falsifying information on a mortgage application.
Newsletter
New videos promote REALTOR® value
December 5, 2012
Two videos that promote the value of using a REALTOR® have been created by the Ontario Real Estate Association (OREA).
Newsletter
Entrepreneurs plan to hire
December 5, 2012
More Canadian entrepreneurs are planning to hire employees this year, according to a new survey.
Newsletter
MarketWatch: Prices up but sales fall
December 5, 2012
Canadian prices have edged up but the number of house sales has fallen compared to the same period last year, according to a recent survey.
Newsletter
Lifestyle marketing: The next big thing
December 5, 2012
When we sell a property, our product is not just four walls and a roof.
Newsletter
User-friendly upgrade for WEBForms®
December 5, 2012
Ontario real estate salespeople and brokers who use WEBForms® should watch for upgrades to this product in the new year.
Newsletter
Value for your OREA dues
December 5, 2012
The $110 per year that you pay to the Ontario Real Estate Association (OREA) enables you as a member to receive products and services that are most important to you.
Newsletter
Legal Beat: Failure to communicate leads to botched deal
December 5, 2012
This Ontario deal was supposed to close on July 27, but the transaction failed to close. The seller resold the property and sued the buyer for losses of $28,000.
Newsletter
Looking for volunteers
December 5, 2012
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
Newsletter
Updates to forms and clauses
December 5, 2012
Updated forms and clauses will soon be available on the Ontario Real Estate Association website.
Newsletter
Last call: It’s our birthday and you get the gifts
December 5, 2012
The OREA Real Estate College is offering every member a free nine-credit bundle of Continuing Education online courses.
Newsletter
Is anyone there? Vacant possession and the APS
November 15, 2012
Vacant possession & the APSThe concept of vacant possession is sometimes glossed over by real estate practitioners, but you ignore it at your peril.
Newsletter
Sellers want to understand market and legal processes
November 15, 2012
Beyond worrying about the state of the real estate market, Ontarians are most concerned about understanding the process and legal documents when selling a home, a new survey reveals.
Newsletter
Preparing for severe weather
November 15, 2012
Severe weather and hurricanes can have a devastating impact on communities and homes, according to the Insurance Bureau of Canada, which follows developments related to severe weather across the country.
Newsletter
MarketWatch: Farmland prices reach new heights
November 15, 2012
The value of Canadian farmland continues to reach new heights, according to the RE/MAX Market Trends Report, Farm Edition 2012.
Newsletter
Wired Office: Tips to keep your online passwords safe
November 15, 2012
We often hear that “strong” passwords are an important part of keeping our online transactions safe.
Newsletter
Join research panel for chance to win $1,000
November 15, 2012
Share your voice and let us know what the Ontario Real Estate Association can do for you.
Newsletter
New OREA mobile app to be launched
November 15, 2012
A dynamic new mobile application is being developed by the Ontario Real Estate Association.
Newsletter
Legal Beat: Multiple representation and the dangers of duality
November 15, 2012
While working on Legal Forum, I received the following question from a REALTOR® on an issue related to multiple representation, formerly known as dual agency.
Newsletter
Call for candidates – Ontario Real Estate Association
November 15, 2012
Interested in running for a position on OREA’s 2013 Board of Directors?
Newsletter
Call for candidates - REALTORS Care Foundation
November 15, 2012
Interested in running for a position on the Foundation’s 2013 Board of Directors?
Newsletter
National customer service week
November 15, 2012
The Ontario Real Estate Association joined thousands of companies around the world to participate in National Customer Service Week.
Newsletter
Political affairs conference
November 15, 2012
The Ontario Real Estate Association is holding its Political Affairs Conference (PAC) this month.
Newsletter
It’s our birthday and you get the gifts
November 15, 2012
The OREA Real Estate College is offering every member a free nine-credit bundle of Continuing Education online courses.
Newsletter
CSAE volunteer award
November 15, 2012
Dinaz Garda, CAE, manager, executive office operations at OREA, has been honoured with the 2012 President’s Award from the Trillium Chapter of the Canadian Society of Association Executives (CSAE).
Newsletter
Form frenzy: Waivers mistakenly used over fulfillments
October 12, 2012
In the heat of real estate deals, changes to documents often happen quickly in a flurry of pen strokes.
Newsletter
Buyers prize safety, value, location
October 12, 2012
Safety, perceived value and a location close to shopping or transportation are the most important factors Ontarians consider when buying a home, according to a new survey.
Newsletter
Rookie mistakes by first-time buyers
October 12, 2012
The majority of buyers say they would have done some things differently after purchasing a home, according to a new survey.
Newsletter
MarketWatch: National housing market at tipping point
October 12, 2012
The average price of a home in Canada increased year-over-year between 3.3 and 5.5% in the second quarter of 2012, according to The Royal LePage House Price Survey and Market Survey Forecast.
Newsletter
Political affairs conference focuses on three issues
October 12, 2012
November is fast approaching, and so is OREA’s Political Affairs Conference (PAC).
Newsletter
RECO decision: Absence of seller leads to problems
October 12, 2012
The following decision from RECO Discipline and Appeals Hearings has been condensed and all names have been changed.
Newsletter
Podcasts on leadership available to members
October 12, 2012
Podcasts on leadership available to OREA membersYou can gain valuable insights into leadership in just five minutes.
Newsletter
Legal Beat: No deal and no commission without clear title
October 12, 2012
In a typical real estate transaction, the sellers must provide clear title on closing. The OREA agreement of purchase and sale (APS) says:
Newsletter
New service for OREA members
October 12, 2012
A member of OREA who is the subject of a RECO complaint can now speak with OREA lawyer Diana Russo, who will provide legal information on the RECO investigative and adjudicative process.
Newsletter
It’s our birthday and you get the gifts
October 12, 2012
The OREA Real Estate College is offering every member a free nine-credit bundle of Continuing Education online courses.
Newsletter
Foundation gala supports good cause
October 12, 2012
The REALTORS Care Foundation will host a gala on Saturday, Oct. 20 at the Premiere Ballroom & Convention Centre in Richmond Hill, north of Toronto.
Newsletter
Charity golf tournament raises $8,000
October 12, 2012
Local REALTORS® from the Rideau-St. Lawrence Real Estate Board raised more than $8,000 in a golf tournament that they donated to five food banks in the area.
Newsletter
Married to it: Real estate spouses must juggle schedules
September 4, 2012
When her husband started his real estate career, Elaine Rocca recalls that he worked most evenings and was often out until 1 and 2 a.m. presenting offers and getting established in the field.
Newsletter
Movement toward mergers in some real estate boards
September 4, 2012
Real estate in cottage country often attracts more attention in warmer months, but this year several areas piqued the interest of more than just consumers -- real estate professionals were watching closely too.
Newsletter
New registrar announced by RECO
September 4, 2012
The Real Estate Council of Ontario (RECO) announced the appointment of Joseph (Joe) Richer as its next registrar, effective Sept. 17.
Newsletter
Focus on global property investment
September 4, 2012
The seventh annual Global Property Market Conference offers a unique, targeted opportunity for strategic information and networking on investment and development around the world.
Newsletter
Market Watch: Canadians support small business: survey
September 4, 2012
An overwhelming majority of Canadians (94 per cent) believe small businesses play a crucial role in the economy’s growth and almost nine in 10 view them as vital job creators, according to a new survey.
Newsletter
Legal Beat: Once it's sold, it's sold
September 4, 2012
The law indicates that on the date the bank signs an unconditional agreement of purchase and sale with a buyer, the original borrower has no further legal right to pay off his mortgage.
Newsletter
Political affairs conference in November
September 4, 2012
The Ontario Real Estate Association will hold its 2012 Political Affairs Conference (PAC) from November 20 to 22 at Toronto’s Courtyard Marriott Hotel.
Newsletter
Watch for upcoming YPN events
September 4, 2012
Several events are being planned this fall by the Young Professionals Network (YPN) at the Ontario Real Estate Association.
Newsletter
Motorcycle ride supports charity
September 4, 2012
Motorcycle riders braved extreme heat this past July to participate in the Motorcycle Ride for Charity that left from the Ontario Real Estate Association’s Don Mills headquarters.
Newsletter
It's our birthday - and you get the gifts
September 4, 2012
The OREA Real Estate College is offering every member a free nine-credit bundle of Continuing Education online courses.
Newsletter
KWAR celebrates 75th anniversary
September 4, 2012
The Kitchener-Waterloo Association of REALTORS® (KWAR) is celebrating its 75th anniversary this year. Formed in 1937, the association now represents more than 1,200 real estate professionals and is the 15th largest real estate association in Canada.
Newsletter
Respect the client relationships of other brokerages
August 8, 2012
Do unto others as you would have them do unto you.
Newsletter
Interview with outgoing RECO registrar
August 8, 2012
After 10 years as registrar at the Real Estate Council of Ontario (RECO), Allan Johnston is retiring at the end of July.
Newsletter
Market Watch: Renters may make cottages affordable
August 8, 2012
A recent Royal LePage national survey shows that potential cottage buyers and those already in the market have different plans for generating income.
Newsletter
Ride the waves at 2012 RealREIT
August 8, 2012
The 2012 RealREIT (Real Estate Investment Trust) Conference takes place on Sept. 19 in Toronto.
Newsletter
Wired Office: Pin your hopes on Pinterest
August 8, 2012
Even if you aren’t yet a user of Pinterest, you’ve likely heard of it. Similar to a corkboard or bulletin board, this electronic locale allows you to “tack” or “pin” visuals and text to view and share with others online.
Newsletter
It’s our birthday -- and you get the gifts!
August 8, 2012
Celebrating OREA's 90th BirthdayThe OREA Real Estate College is offering every member a free nine-credit bundle of Continuing Education online courses.
Newsletter
Legal Beat: Buyer presented no evidence of water problem
August 8, 2012
The action arose after a house was purchased by the plaintiff, Ms. H. Graham in the City of West Quinte in 2002.
Newsletter
Letter to the editor
August 8, 2012
I really liked the article, “Keep clothing professional” that appeared in REALTOR® EDGE’s June issue. I’d like to add a couple of points:
Newsletter
Proposal supports electronic transactions
August 8, 2012
A private member’s bill that would facilitate the use of electronic agreements of purchase and sale for real estate transactions was introduced recently in the provincial legislature, and the concept has been endorsed by the Ontario Real Estate Association (OREA).
Newsletter
Newmarket brokerage wins team spirit award
August 8, 2012
For the fourth consecutive year, the Newmarket Century 21 Heritage Group has won the team spirit award for the Heart & Stroke Foundation’s York North BIG Bike fundraiser.
Newsletter
Watch for upcoming YPN events
August 8, 2012
The Young Professionals Network (YPN) at the Ontario Real Estate Association has hosted several successful events recently, and more are scheduled in the future.
Newsletter
REALTOR® value videos win more awards
August 8, 2012
Two OREA videos that highlight the value of using a REALTOR® have won several awards recently.
Newsletter
Legal Forum reaches a milestone
June 11, 2012
Image of scales of justiceLegal Forum, one of the most popular features on the Ontario Real Estate Association’s website, has received its 5,000th question.
Newsletter
Keep clothing professional even in summer
June 11, 2012
As the weather warms up, hemlines seem to get shorter, necklines get lower and toes begin to make public appearances.
Newsletter
Commercial real estate conference in Ottawa
June 11, 2012
Discover what’s new in the commercial real estate industry at BOMEX, the Building Owners and Managers Association annual conference and exhibition, to be held Sept. 11 to 13 at the Westin Ottawa Hotel.
Newsletter
Market Watch: Ontarians positive about housing market
June 11, 2012
A house or condo is a good investment, according to nine out of 10 Ontarians, who show more confidence in real estate than those surveyed in other Canadian regions, according to the 19th annual RBC Homeownership Poll.
Newsletter
Find your unique value proposition in real estate
June 11, 2012
In order to stand out in the real estate industry, you need to find your UVP.
Newsletter
Legal Beat: Buyers ignored red flags, judge rules
June 11, 2012
The buyers did not have enough money on the closing date of July 6, 1999, to complete their deal. Their REALTOR® lent them $74,500.
Newsletter
REALTOR® value videos win prestigious award
June 11, 2012
Two OREA videos that highlight the value of using a REALTOR® won a silver medal from the Canadian Public Relations Society (CPRS) recently.
Newsletter
Electronic workshops offered to OREA members
June 11, 2012
If you’d like to take some professional development on leadership but are short on time or travel funds, a new eWorkshop format may be right for you.
Newsletter
Call volume up over last year
June 11, 2012
The volume of phone calls into the Customer Service Centre at OREA is up about 11 per cent over the same quarter last year, according to recent figures.
Newsletter
Motorcycle ride for charity leaves from OREA
June 11, 2012
Registration is now taking place for the Motorcycle Ride for Charity organized by the REALTORS Care Foundation.
Newsletter
RECO online transfers and terminations
June 11, 2012
The Real Estate Council of Ontario has launched a new service that allows online transfers and terminations.
Newsletter
OREA achieves national green status
May 6, 2012
The Ontario Real Estate Association has been awarded a prestigious national designation for outstanding environmental efforts.
Newsletter
Ask questions about UFFI in real estate transactions
May 6, 2012
Although the number of homes containing UFFI (urea formaldehyde foam insulation) has declined greatly in recent years, many real estate documents still take into account the existence of this controversial substance.
Newsletter
On the Markets: Optimism over economy declines, says survey
May 6, 2012
Ontarians were among the most optimistic in the country about the national economy two years ago, but their outlook has been sliding and they are now among the least optimistic, according to a recent survey.
Newsletter
Check water damage coverage, IBC urges
May 6, 2012
With warmer-than-normal temperatures occurring in many regions over the past winter, the Insurance Bureau of Canada (IBC) is encouraging Canadians to ensure that they have adequate water damage protection on their home insurance policies.
Newsletter
Market Watch: Continued higher house prices predicted
May 6, 2012
Ontario’s economic prospects for the next three years include moderate growth and continued high unemployment as government spending is cut and businesses expand carefully.
Newsletter
RECO Decision: Early birds break the rules
May 6, 2012
The following decision from RECO Discipline and Appeals Hearings has been condensed and all names have been changed.
Newsletter
Legal Beat: Telephone Discussion not an agreement, judge rules
May 6, 2012
In this case, a REALTOR® sued for $1.25 million for commission related to undeveloped land sold for $29 million following the death of a farmer and landowner.
Newsletter
Annual report distributed around Ontario
May 6, 2012
The new annual report of the Ontario Real Estate Association has been published and distributed to real estate boards across the province.
Newsletter
Motorcycle ride for charity in July
May 6, 2012
Registration is now taking place for the Motorcycle Ride for Charity organized by the REALTORS Care Foundation.
Newsletter
OREApedia adds new topic
May 6, 2012
A new topic, Respect Client Relationships, has now been posted to OREApedia.
Newsletter
Fans of Facebook
May 6, 2012
More than 2,500 people now “like” the OREA Real Estate College Facebook page, the college reported.
Newsletter
Do your homework when choosing a mover
April 3, 2012
For some consumers, the most daunting aspect of the buying or selling process is the move itself.
Newsletter
Tapping into a trillion dollar boomer market
April 3, 2012
The baby boomers are flexing their demographic muscle once again.
Newsletter
New website dedicated to commercial title insurance
April 3, 2012
Canada’s largest insurer of commercial titles, First Canadian Title, recently launched a website designed specifically for the commercial real estate market.
Newsletter
Market Watch: Steady as she goes in year ahead
April 3, 2012
Housing markets are expected to remain steady in 2012 and 2013, according to the latest Canada Mortgage and Housing Corporation (CMHC) Housing Market Outlook.
Newsletter
Legal Beat: Trans-Atlantic meeting leads to lawsuit
April 3, 2012
The original meeting took place in England, where an Ontario real estate professional was participating in an emigration fair.
Newsletter
New board of directors at OREA
April 3, 2012
A new board of directors was installed for 2012 at the annual OREA leadership conference in Toronto.
Newsletter
Change of address for RECO
April 3, 2012
The Real Estate Council of Ontario (RECO) has moved office locations, as of March 26.
Newsletter
RECO candidates invited to OREA area meetings
April 3, 2012
Candidates running for a seat on the RECO board of directors are invited to attend an upcoming OREA area meeting.
Newsletter
The ABCs of prospecting techniques
March 4, 2012
In Glengarry Glen Ross, a movie based on the play by David Mamet, motivational salesperson Blake confronts the employees of a Chicago real estate office about their less than stellar performances.
Newsletter
OREA celebrates 90th anniversary
March 4, 2012
Back in 1922, a loaf of bread cost 12 cents and a pound of butter set you back about 70 cents.
Newsletter
Wired Office: Google+ your business
March 4, 2012
A few months ago, here in the Wired Office column in REALTOR® EDGE, you read about Google+, which is yet another social media platform that enables people to connect on the Web.
Newsletter
Land and development conference in May
March 4, 2012
Learn about development strategies, challenges, opportunities and risks as well as where land values in the Greater Golden Horseshoe are heading at the Real Estate Forum’s Land and Development Conference on May 1 at the Metro Toronto Convention Centre.
Newsletter
Market Watch: Price correction unlikely: report
March 4, 2012
House prices are expected to continuing going up across the country despite some high-profile reports to the contrary, a new survey reports.
Newsletter
Young Professionals Network invites members of all ages
March 4, 2012
More than eight out of 10 REALTORS® in the province are 40 years of age or older, according to a recent survey by the Ontario Real Estate Association.
Newsletter
Legal Beat: Advertising should be current and reflect reality
March 4, 2012
The developer in this Alberta case marketed land that was not yet subdivided.
Newsletter
Call for RECO board nominations
March 4, 2012
Members of the Real Estate Council of Ontario who are interested in serving on its 2012 board of directors are required to submit their nomination forms by Monday, April 2 no later than 2:00 p.m.
Newsletter
New price index launched by CREA
March 4, 2012
The Canadian Real Estate Association has launched the MLS® Home Price Index, in partnership with: the Toronto Real Estate Board, Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board,
Newsletter
Leadership education ranked outstanding
March 4, 2012
The OREA Centre for Leadership Development is the only one of its kind in North America, providing comprehensive, phased-in training to volunteer association leaders.
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Slow seasons in real estate call for business plan
February 7, 2012
It’s a field known for seasonal ups and downs and market shifts.
Newsletter
Holdover clause is an ounce of prevention
February 7, 2012
Although many OREA standard clauses are designed to protect your clients, the holdover clause in a listing agreement was specifically created to protect REALTORS® by ensuring that you receive the commission you’ve earned if a house sells.
Newsletter
Conference focuses on going green
February 7, 2012
The Real Estate Forum’s Green Real Estate conference will examine the economics, benefits and value of green buildings.
Newsletter
Market Watch: Stable resale market predicted
February 7, 2012
Ontario housing demand is expected to slow in the coming months due to fewer first-time buyers and a modest pace in economic and job growth, says a recent CMHC report.
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On the Markets: Retiring baby boomers may generate activity
February 7, 2012
Forty per cent of baby boomers in Ontario plan to move for their retirement, but many are waiting to sell their homes in the hope that values will increase, according to a recent report.
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RECO: Registrant fails to check status of listing
February 7, 2012
The following decision from RECO Discipline and Appeals Hearings has been condensed. All names have been changed.
Newsletter
Legal Beat: Case illustrates how not to represent a buyer
February 7, 2012
This case involved the sale of a Niagara Falls motel. The registrant, Neelam Bhalla and her brokerage, Sutton Group Results, acted in a multiple representation (dual agency) situation in the sale of the motel by Surma, the seller, to the buyers.
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Looking for volunteers
February 7, 2012
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
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Donation to human rights museum
February 7, 2012
Ontario REALTORS® have made a significant contribution to human rights with a donation of $55,000 to the Canadian Museum of Human Rights in Winnipeg, Manitoba.
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Assembly Meeting open to members
February 7, 2012
All members are invited to attend the OREA Annual Assembly Meeting on Wednesday, February 29 at Toronto’s Sheraton Centre Hotel, 123 Queen Street West.
Newsletter
Foundation Meeting open to members
February 7, 2012
Immediately following the OREA Annual Assembly Meeting (see previous item) on February 29 will be the first REALTORS Care Foundation Annual General Meeting and elections for the foundation board of directors,
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Leadership speakers featured at conference
February 7, 2012
The 2012 OREA Leadership Conference takes place from Feb. 28 to March 1 and features various motivating speakers at the event at Toronto’s Sheraton Centre Hotel.
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Whose side are you on anyway? Multiple representation is a complex scenario
January 7, 2012
Representing more than one party in the same deal is a challenging scenario in real estate.
Newsletter
Advertising guidelines simplified by RECO
January 7, 2012
Issues related to advertising in real estate were among the most common complaints about registrants to the Real Estate Council of Ontario over the past year, according to the council’s 2010-2011 annual report.
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New and revised forms for 2012 from OREA
January 7, 2012
Standard forms produced by the Ontario Real Estate Association play an important role in the day-to-day business of brokers and salespeople across the province.
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Legal Beat: Use appropriate forms to avoid litigation
January 7, 2012
This case raises the issue of whether a real estate brokerage is entitled to a portion of the commission from the listing brokerage after a commercial sale when a Confirmation of Co-operation and Representation (OREA Form 320) has not been signed.
Newsletter
Mortgage broker re-licensing education
January 7, 2012
Licensed mortgage brokers or agents in Ontario will need to take an approved re-licensing (RE) course in order to renew their licenses by March 31, 2012.
Newsletter
Market Watch: Farmland prices on the rise
January 7, 2012
Rising agricultural values and tight inventory have pushed the price of Ontario farmland up significantly in the past year, according to RE/MAX Ontario-Atlantic Canada.
Newsletter
Assembly Meeting open to members
January 7, 2012
All members are invited to attend the OREA Annual Assembly Meeting on Wednesday, February 29 at Toronto’s Sheraton Centre Hotel, 123 Queen Street West.
Newsletter
Foundation Meeting open to members
January 7, 2012
Immediately following the OREA Annual Assembly Meeting (see item above) on February 29 will be the first REALTORS Care Foundation Annual General Meeting and elections for the Foundation board of directors, with real estate boards being the voting members.
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Become a better salesperson by honing your skills
December 3, 2011
You knew this going in – you need certain skills to be a successful real estate salesperson.
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A new and better website at OREA
December 3, 2011
The Ontario Real Estate Association website has undergone a major renovation.
Newsletter
Wired Office: What to look for in an e-Reader
December 3, 2011
The wind is howling and the snow is falling. Safe and cozy indoors with a warm fire roaring in the fireplace, you are curled up in your favourite chair, happily reading your… ebook.
Newsletter
Home Ownership Matters campaign a success
December 3, 2011
The Ontario Real Estate Association hit the campaign trail during this fall’s provincial election with the Home Ownership Matters initiative.
Newsletter
Customer service the focus of accessibility law
December 3, 2011
Did you know that, as of January 1, 2012, a new law takes effect? The Customer Service Standard of the Accessibility for Ontarians with Disabilities Act (AODA) is part of a goal to make Ontario completely accessible for persons with disabilities by 2025.
Newsletter
Market Watch: Real estate professionals anxious over future
December 3, 2011
Canadian real estate professionals are increasingly anxious about prospects for the next year, as a sector that has led the country’s economic recovery shows signs of slowing along with the broader world economy.
Newsletter
RCMP launches grow-op strategy
December 3, 2011
Addresses of Canadian homes containing dismantled marijuana grow-ops will now be listed on the RCMP website as part of the National Grow Initiative.
Newsletter
Legal Beat: Title insurance can be a deal saver
December 3, 2011
A typical Ontario Agreement of Purchase and Sale (APS) requires that the sellers provide clear title on a property, subject to the stated matters that buyers accept.
Newsletter
OREApedia a terrific resource
January 3, 2011
Fifty-four real estate topics are now posted to OREApedia.
Newsletter
Looking for volunteers
December 3, 2011
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
Newsletter
Handling stress in the field of real estate
November 3, 2011
Experiencing stressStiff competition, erratic hours, and an uncertain income are just a few of the reasons that a career in real estate can be stressful.
Newsletter
Reaching an agreement: Learn the essentials of the APS
November 3, 2011
One of the most important forms used in real estate on a regular basis is the Agreement of Purchase and Sale (APS).
Newsletter
RECO Decision: Marijuana grow-op not disclosed
November 3, 2011
The following decision from RECO Discipline and Appeals Hearings has been condensed. All names have been changed.
Newsletter
ON THE MARKETS: House prices rally due to low rates, stable economy
November 3, 2011
The average price of a home in Canada increased between 5.7 and 7.8 per cent in the third quarter of 2011, compared to the previous year, according to a recent Royal LePage report.
Newsletter
LEGAL BEAT: Students in townhouse complex violate family provisions
November 3, 2011
A North Bay condominium corporation brought an application against the owners of townhouse units to enforce the terms of the declaration and bylaw registered many years ago.
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Commercial real estate investment conference
November 3, 2011
The 2011 Real Estate Forum promises a hard-hitting and information-packed two days.
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MARKET WATCH: Canadian real estate outperforms in developed world
November 3, 2011
Canada’s housing market stands out among developed world nations for its resilience and longevity, according to a recent report by Scotia Economics.
Newsletter
Call for candidates – OREA
November 3, 2011
Interested in running for a position on OREA’s 2012 Board of Directors?
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Call for candidates - REALTORS Care Foundation
November 3, 2011
In February 2011, the voting members of the REALTORS Care Foundation passed the revised REALTORS Care Foundation Bylaw.
Newsletter
Break out of the mould: Watch for mould and water damage in homes
October 3, 2011
It’s a scenario you dread: You’re showing your clients the home of their dreams. Every room is better than the last and they’re falling in love with the place, when suddenly they recoil in horror and beat a hasty path to the door. The culprit? The harsh spectre of mould.
Newsletter
Doing business under the Do Not Call legislation
October 3, 2011
In a profession that relies on cold calls and consumer contacts, the national Do Not Call List may seem like an impossible roadblock for real estate professionals.
Newsletter
Ontarians moving more often
October 3, 2011
Seven out of 10 repeat home buyers in Ontario (71 per cent) are moving to larger or more luxurious homes and many are doing so earlier than originally planned.
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MARKET WATCH: Outlook positive for commercial real estate
October 3, 2011
Canada’s top real estate executives are predicting a bright future for commercial real estate.
Newsletter
ON THE MARKETS: Resale housing market to stabilize by 2012
October 3, 2011
Fewer buyers and more listings will result in a more balanced resale housing market in Ontario over the next year, according to the third quarter Housing Market Outlook by Canada Mortgage and Housing Corporation (CMHC).
Newsletter
RECO Decision: Tenant had no right to sell
October 3, 2011
The following decision from RECO Discipline and Appeals Hearings has been condensed. All names have been changed.
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LEGAL BEAT: Time well spent explaining Buyer Representation Agreements
October 3, 2011
A real estate brokerage sued for its commission under a signed Buyer Representation Agreement (BRA).
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OREA volunteer leadership training in demand
October 3, 2011
The leadership training that has been developed by the OREA Centre for Leadership Development is in demand from other outside organizations.
Newsletter
“Like” us on Facebook
October 3, 2011
More than 2,000 people “like” the OREA Real Estate College Facebook page.
Newsletter
OREA leader elected chair of CSAE
October 3, 2011
Ed Barisa, chief executive officer of the Ontario Real Estate Association, was elected chair of the Canadian Society of Association Executives (CSAE) at the society’s annual conference in Saskatoon in September.
Newsletter
Emotions can hinder sale of matrimonial home after a marriage breakdown
September 1, 2011
You’ll encounter many different situations over the course of your real estate career, but one that can be particularly tricky is the sale of a matrimonial home following a marriage breakdown.
Newsletter
You’ve got mail: New clause offers added choice for electronic transmission
September 1, 2011
Sending documents by email and through the internet is becoming increasingly common in business, including real estate.
Newsletter
Energy retrofit program renewed
September 1, 2011
The federal government has renewed the popular ecoENERGY Retrofit - Homes program. Until March 31, 2012, homeowners can receive grants up to $5,000 to make their homes more energy-efficient and save energy costs
Newsletter
MARKET WATCH: More moderate housing market predicted
September 1, 2011
An unusually rapid recovery in the Canadian housing market played an important role in ensuring that Canada’s recession, although sharp, was also short, according to Bank of Canada Governor Mark Carney.
Newsletter
WIRED OFFICE: Why all the fuss over Google+?
September 1, 2011
Google has recently launched a new social media platform called Google+ (plus).
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RECO Decision: Buyer faces host of problems with basement apartment
September 1, 2011
The following decision from RECO Discipline and Appeals Hearings has been condensed and all individual and corporate names have been changed.
Newsletter
LEGAL BEAT by Merv Burgard: Shedding light on storage facility’s lakeside location
September 1, 2011
An unexpected municipal work order required the sellers to move a lakeside storage shed away from the shoreline.
Newsletter
Charity motorcycle ride a success
September 1, 2011
This year’s Motorcycle Ride for Charity was a great success, with organizers anticipating that funds raised to support the REALTORS CARE Foundation may total more than $50,000 once all pledges are in.
Newsletter
OREA embraces social media
September 1, 2011
The Ontario Real Estate Association is at the forefront of new technologies by strategically developing a dynamic social media presence.
Newsletter
Let’s make a deal: Offers, counter-offers and the acceptance of offers
July 1, 2011
Success in real estate – as in hockey – is all about playing your best and maximizing your strengths to try to beat your opponents.
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Working the farm: Prospecting and farming skills are vital for new salespeople
July 1, 2011
You’ve finished your real estate courses and you’re eager to get started, but how can you build a client base to grow your business?
Newsletter
Future of green building is focus of conference
July 1, 2011
The green building market is booming and is expected to reach $173.5 billion (U.S.) by 2015.
Newsletter
MARKET WATCH: Housing market drives economic optimism
July 1, 2011
Although Canadians are still coping with the recession’s effects, they feel more optimistic about their personal finances and the housing market is playing a key role, a survey in Consumerology Report reveals.
Newsletter
ON THE MARKETS: Buyers bullish on recreational properties
July 1, 2011
Warmer weather often turns people’s thoughts to getting away from it all, and a recent survey reveals that many Ontarians love their cottages.
Newsletter
RECO Decision: Restaurant listing never posted into system
July 1, 2011
The following decision from RECO Discipline and Appeals Hearings has been condensed. All individual and corporate names have been changed.
Newsletter
LEGAL BEAT: Do your homework on owner’s equity before listing property
July 1, 2011
When you meet your sellers, go over their financial position and ask some basic questions and confirm their answers. Here are some suggested questions to ask them before listing.
Newsletter
OREA blog launched
July 1, 2011
A new and exciting way to shop for tools to help you in your career is now available to students and members of the Ontario Real Estate Association.
Newsletter
College develops online store for students and members
July 1, 2011
A new and exciting way to shop for tools to help you in your career is now available to students and members of the Ontario Real Estate Association.
Newsletter
Online exam option
July 1, 2011
The OREA Real Estate College has introduced an online exam option for both the admissions test and the examination for the first pre-registration course, Real Estate as a Professional Career.
Newsletter
Buyer Representation Agreements: Make sure buyers understand what they’re signing
June 1, 2011
The most common complaint to the Real Estate Council of Ontario (RECO) is from consumers who say they didn’t understand what they were signing when they entered into a Buyer Representation Agreement.
Newsletter
RECO revises website
June 1, 2011
A new website design has recently been launched by The Real Estate Council of Ontario (RECO).
Newsletter
MARKET WATCH: Conventional mortgages still popular
June 1, 2011
Canadians are surprisingly conservative on the mortgage front despite a decade of low interest rates, according to a survey commissioned by ING DIRECT.
Newsletter
Advertising in real estate: Beware of pitfalls and know the rules
June 1, 2011
Advertising can be a powerful tool to attract potential clients, whether it’s through flyers, newspaper ads, billboards or blogs.
Newsletter
WIRED OFFICE: Secret codes or marketing tool Have you seen any white squares containing black dots and geometric lines lately?
June 1, 2011
Materializing with increasing frequency in magazines and on flyers, business cards, billboard ads and websites, these boxes with funky designs are known as Quick Response or QR codes.
Newsletter
LEGAL BEAT: Clients can and do make all kinds of claims after a loss
June 1, 2011
The buyer sued the sellers, the home inspector and her REALTOR® after water infiltration and basement flooding occurred in her Saskatchewan home.
Newsletter
Student handbook available online
June 1, 2011
A revised online version of Your Career in Real Estate: A Student Handbook has recently been released by the OREA Real Estate College.
Newsletter
Motorcycle ride stops at various boards
June 1, 2011
Pledge forms are still available for the Motorcycle Ride for Charity organized by the REALTORS Care Foundation.
Newsletter
Campaign College focuses on election
June 1, 2011
Members of the Ontario Real Estate Association from across the province came to Toronto in April for Campaign College, which took place over two days and gave members the tools and information they need to prepare for this fall’s provincial election.
Newsletter
Multiple choice, multiple opportunities: Helping your clients deal with multiple offers
May 4, 2011
In a seller’s market, multiple offers are common, but they can also happen in a balanced or buyer’s market.
Newsletter
New salespeople advised to hit the ground running for real estate success
May 4, 2011
Ask any REALTOR® to recall their first day on the job and most will tell you it was overwhelming.
Newsletter
Old woman in the shoe ad promotes REALTORS®
May 4, 2011
A television commercial featuring a modern day retelling of the Mother Goose fable of The Old Woman Who Lived in a Shoe is the latest addition to CREA’s national ad campaign.
Newsletter
MARKET WATCH: First-time buyers strive to get ahead of higher interest rates
May 4, 2011
Driven by the potential of higher interest rates in the future, first-time buyers are contributing to a strong upward momentum in residential housing markets across the country, according to a recent RE/MAX report.
Newsletter
ON THE MARKETS: Ontario economy set to grow in 2011
May 4, 2011
Ontario’s economy has picked up and posted its best performance since 2002, according to the latest Provincial Economic Outlook report by RBC Economics.
Newsletter
RECO Decision: Registrant fined for falsifying documents
May 4, 2011
The following decision from RECO Discipline and Appeals Hearings has been condensed. All individual and corporate names have been changed.
Newsletter
LEGAL BEAT: License to sell - Registration protects public by supervising mortgage brokers
May 4, 2011
Mr. Guido and his company worked to assist people with marketing and financing.
Newsletter
OREA News: Volunteerism awards recognize outstanding contributions
May 4, 2011
The efforts of volunteers were recognized at the 2011 OREA Annual Conference at Toronto’s Westin Harbour Castle Hotel.
Newsletter
Motorcycle Ride for charity takes place in July
May 4, 2011
Registration and pledge forms are now available for the Motorcycle Ride for Charity organized by the REALTORS Care™ Foundation.
Newsletter
Student handbook available online
May 4, 2011
A revised online version of Your Career in Real Estate: A Student Handbook has recently been released by the OREA Real Estate College.
Newsletter
Show me the money: The fate of the deposit if the deal falls through
April 1, 2011
You’ve worked hard to seal the deal and to get the buyer and seller to come to an agreement. But what happens to the deposit if the deal fails to close?
Newsletter
Video on home buying and HST released by OREA and provincial government
April 1, 2011
A video that explains to prospective buyers the facts about the Harmonized Sales Tax (HST) and the housing market was recently released by the Ontario Real Estate Association (OREA) and the provincial government.
Newsletter
Land and development conference coming up
April 1, 2011
Find out which market factors and dynamics are affecting land acquisition and development in the Greater Golden Horseshoe (GGH) at the 2011 Land and Development Conference on May 5 at the Metro Toronto Convention Centre.
Newsletter
MARKET WATCH: Improved housing sales predicted
April 1, 2011
Canadian home sales for 2011 are expected to be better than previously predicted, thanks to improving consumer confidence which will partly offset the anticipated negative impact of interest rate hikes, The Canadian Real Estate Association (CREA) reports.
Newsletter
WIRED OFFICE: Personal branding - What it is and why it’s important
April 1, 2011
Lately, a new term has crept into business lingo -- “personal branding.” According to Wikipedia, personal branding is “the process whereby people and their careers are marked as brands.
Newsletter
RECO Decision: Registrant fails to disclose financial interest in property
April 1, 2011
The following decision from RECO Discipline and Appeals Hearings has been condensed. All individual and corporate names have been changed.
Newsletter
LEGAL BEAT: What’s in a name? Get personal signature on buyer representation agreement
April 1, 2011
The buyer and the REALTOR® had maintained a casual friendship and occasional business relationship for 15 years before the events that occurred leading to this action.
Newsletter
Sponsors contribute to conference success
April 1, 2011
The OREA 2011 Annual Conference at Toronto’s Westin Harbour Castle Hotel in March was a great success.
Newsletter
Campaign College focuses on provincial election
April 1, 2011
OREA staff members are busy finalizing the details for the 2011 OREA Campaign College scheduled to take place April 18 and 19 at the Sutton Place Hotel in downtown Toronto.
Newsletter
Jam with a Past President
April 1, 2011
Once again this year, the REALTORS Care™ Foundation has organized a Jam with a Past President event. Brian Walker, OREA’S President in 2007, hosts the annual event, which will be held during Campaign College (see item above).
Newsletter
Correction
March 1, 2011
The February issue of REALTOR® EDGE contained incorrect information in an article about power of sale.
Newsletter
Fascination with history plays role in appeal of heritage properties
March 1, 2011
Although Henry Ford famously remarked that “history is bunk,” people with a love of all things historical would disagree with the renowned automaker.
Newsletter
The price is right: Learning to price properties with confidence
March 1, 2011
Accurately pricing a property and listing it reasonably close to market value so that it’s not overpriced is an important aspect of a REALTOR®’s job.
Newsletter
New real estate mobile app launched by CIBC
March 1, 2011
CIBC recently introduced the Home Advisor App to give home buyers access to helpful information, tools, and advice right from their iPhone or BlackBerry while they’re out house hunting.
Newsletter
MARKET WATCH: Survey uncovers trends among single home buyers
March 1, 2011
Although conventional wisdom suggests that most singles would rather live in an urban setting, a survey conducted by Coldwell Banker revealed that the majority of single homeowners (52 per cent) chose suburbia.
Newsletter
ON THE MARKETS: Canadian resale market to have a soft landing in 2011
March 1, 2011
Fears of a U.S.-style housing crash in Canada were unfounded and the resale market in this country has landed safely, according to a recent report by TD Economics.
Newsletter
RECO Case: Buyer’s experience dampened by water leakage and undisclosed multiple representation
March 1, 2011
The following decision has been condensed from RECO Complaints, Compliance and Discipline Hearings and Appeals. All names have been changed.
Newsletter
LEGAL BEAT: Fixture or chattel? Arguments focus on status of motel sign
March 1, 2011
A large commercial sign situated on a piece of property in western Ontario is at the centre of this dispute.
Newsletter
Volunteer now and make a difference
March 1, 2011
Joining a committee or task force at OREA is a great way to serve your profession while enhancing your leadership skills.
Newsletter
Call for nominations for RECO 2011 election of directors
March 1, 2011
Members of the Real Estate Council of Ontario who are interested in serving on its board of directors are required to submit their nomination forms no later than 2:00 p.m. on Friday, April 1.
Newsletter
Campaign College advances real estate issues during election
March 1, 2011
To prepare member boards and associations to advance REALTOR® issues during provincial election years, OREA is hosting a two-day Campaign College.
Newsletter
Power of sale property must sell in “as is” condition
February 1, 2011
First you see that the lawn has not been cut and the weeds are taking over. Then you notice that the newspapers and mail are piling up on the front porch. The windows look dirty, and the house looks forlorn and neglected.
Newsletter
Vision for future of real estate technology unveiled
February 1, 2011
Giving a competitive edge to REALTORS® is the goal of several new technology innovations being developed by the Canadian Real Estate Association’s MLS® and Technology Council (MTC).
Newsletter
Growth of social media in U.S. real estate shown
February 1, 2011
Eighty per cent of REALTORS® in the United States use social media, according to the National Association of REALTORS® (NAR) technology survey for 2010.
Newsletter
MARKET WATCH: Strong housing market predicted for early 2011
February 1, 2011
News of a strengthening economy and low interest rates may result in a stronger-than-expected housing market for early 2011.
Newsletter
WIRED OFFICE: Etiquette on the web: Always be polite
February 1, 2011
Canadians are enthusiastic users of the internet. Perhaps the long, cold winters push us towards our internet interfaces.
Newsletter
RECO Case: Failure to disclose commission agreement proves costly
February 1, 2011
The following decision has been condensed from RECO Complaints, Compliance and Discipline Hearings and Appeals. All names of individuals, brokerages and other businesses have been changed.
Newsletter
LEGAL BEAT by Mervin Burgard: Deal not dead if parties agree to another document
February 1, 2011
The buyer signed an Agreement of Purchase and Sale (APS) for a pre-sale unconstructed condominium unit that she wished to own. The document contained a condition that stated:
Newsletter
New mobile application for hand-held house hunting
January 3, 2011
A mobile application of REALTOR.ca for Windows® Phone 7 is now available to help consumers check out houses while they’re on the go, CREA announced.
Newsletter
MARKET WATCH: More balanced 2011 market predicted for homes
January 3, 2011
The market for resale homes in Canada was firmer for a third straight month in October 2010, suggesting a soft landing for the once red-hot sector and stable market conditions for the next two years, according to industry reports.
Newsletter
Uncertain forecast for commercial markets in 2011
January 3, 2011
Wishing they had a crystal ball, many commercial real estate experts expressed uncertainty about 2011 market prospects in the North American and global economies at the Annual Global Property Market and Toronto Real Estate Forum.
Newsletter
New year’s sales tips from the experts
January 3, 2011
The new year often inspires people to make a fresh start, spurring a rush to the self-help section of bookstores everywhere.
Newsletter
ON THE MARKETS: Canadians wary of household debt risks
January 3, 2011
Canadians are very cognizant of the dangers of excessive debt leverage, according to a special report by Scotia Economics.
Newsletter
RECO Case: Unsuspecting buyers get less than they bargained for
January 3, 2011
The following decision from RECO Complaints, Compliance and Discipline Appeals has been condensed.
Newsletter
LEGAL BEAT by Mervin Burgard: Disclose the fact that suicide took place
January 3, 2011
A question was asked about whether a builder was obligated to disclose to a buyer that an intruder broke into a house and committed suicide just before the sale closed.
Newsletter
OREA NEWS: OREA Annual Assembly Meeting open to members
January 3, 2011
All OREA members are invited to attend the Annual Assembly Meeting on Wednesday, March 2, 2011 at the Westin Harbour Castle Hotel in Toronto.
Newsletter
OREA office applying for LEED status
January 3, 2011
The Ontario Real Estate Association has applied to the Canada Green Building Council for LEED status for its renovated headquarters in Don Mills.
Newsletter
Looking for volunteer leaders
January 3, 2011
Joining a committee or task force is a great way to meet colleagues and make a contribution to the real estate profession.
Newsletter
Two new topics posted to OREApedia
January 3, 2011
REALTORS® can check out the two new topics posted to OREApedia recently.
Newsletter
Podcast offers tips for home staging
December 12, 2010
BMO (Bank of Montreal) has added the Happy Homeowner to its First-Time Homebuyers series of podcasts.
Newsletter
MARKET WATCH: Nine-in-ten Ontario boomers plan to downsize
December 12, 2010
For their next move, Ontario boomers are looking to downsize to smaller homes.
Newsletter
What does the CREA competition consent agreement mean to REALTORS®?
December 12, 2010
Now that an agreement has been reached between CREA and the Commissioner of Competition does that mean the public can list properties on the MLS® System? Not without a REALTOR® they can’t.
Newsletter
Over half of Ontarians confused about HST and resale homes
December 12, 2010
A full 56 percent of Ontarians mistakenly believe that the new Harmonized Sales Tax (HST) applies to the full purchase price of a resale home, according to an Ipsos Reid survey commissioned by the Ontario Real Estate Association (OREA).
Newsletter
WIRED OFFICE: iPads and PlayBooks and Slates, oh my!
December 12, 2010
With the holiday season coming there has been much ado about a new breed of technology currently being referred to as the digital tablet.
Newsletter
REALTOR® trademark is a valuable asset
December 12, 2010
One of the benefits of being a member of organized real estate is the right to call yourself a REALTOR®.
Newsletter
LEGAL BEAT: Take care when drafting exclusions
December 12, 2010
The sellers had serious legal disputes with their neighbours Ms. Belzberg and Mr. Knechtel about restrictive covenants. That went to court and the sellers lost.
Newsletter
Looking for leaders
December 12, 2010
If you’ve ever thought of serving your profession, why not sign up for an OREA committee?
Newsletter
Public Career Night a success
December 12, 2010
The first-ever educational open house aimed at promoting real estate as a career was a great success for the OREA Real Estate College.
Newsletter
Leadership courses presented at NAR conference in U.S.
December 12, 2010
At a recent meeting of the National Association of Realtors (NAR) in New Orleans, two volunteer leadership training courses developed by the OREA Centre for Leadership Development were presented to participants at the U.S. meeting on request from the Americans.
Newsletter
TD targets young Canadians with online budgeting tools
November 12, 2010
In a recent TD Poll, which compared investment attitudes of Gen X (born between 1965 and 1976) and Gen Y (born after 1980), Gen Xers said saving more each month, paying off debt, and opening an RSP are the top financial decisions they would make differently if they were 25 again.
Newsletter
MARKET WATCH: Canadian Housing activity hit $307 billion
November 12, 2010
The value of housing activity related to new home construction, as well as the rental, sale and renovation of existing homes in Canada reached $307 billion in 2009, or more than one-fifth of Canada’s total gross domestic product, according to Canada Mortgage and Housing Corporation’s (CMHC) latest Canadian Housing Observer report.
Newsletter
Many OREA Standard Forms revised for 2011
November 12, 2010
A new Seller Commission Agreement form will help protect the commission of co-operating brokers in situations where they are dealing directly with the seller. This new form was created for 2011 and a large number of existing forms have been revised.
Newsletter
New financial tools available to help REALTORS® help clients
November 12, 2010
REALTORS® have the opportunity to help first time home buyers make their dream of home ownership come true.
Newsletter
ON THE MARKETS: Ontario's economic confidence and housing affordability slide
November 12, 2010
Ontarian's economic confidence slipped 18 points (from 97 to 79 points) over the previous quarter, the highest of all regions across Canada -- according to the latest RBC Canadian Consumer Outlook. Just 57 per cent of Ontarians believe the state of the economy is good, down nine points from June and compared to 60 per cent nationally.
Newsletter
RECO Case – The price is right
November 12, 2010
The following RECO Complaints, Compliance and Discipline Appeals decision has been condensed and can be viewed in its entirety on the RECO website at www.reco.on.ca.
Newsletter
LEGAL BEAT: Consider tax allocation for tenants
November 12, 2010
This case concerns the interpretation of a commercial lease. It asks how the contribution the tenant is to make in respect of property taxes is to be calculated.
Newsletter
Stay current and connected
November 12, 2010
The OREA Real Estate College has launched two new initiatives to help you stay up-to-date with College news and events.
Newsletter
Calling all candidates!
November 12, 2010
Interested in running for a position on OREA’s 2011 Board of Directors?
Newsletter
Mandatory home energy audits stopped
October 10, 2010
The Ministry of Energy has decided not to proceed with plans to introduce mandatory home energy audits on real estate transactions.
Newsletter
MARKET WATCH: Survey shows consumers confused about HST
October 10, 2010
A recent survey by Royal LePage shows that consumers in Ontario and British Columbia have misconceptions about how the Harmonized Sales Tax (HST) affects real estate transactions.
Newsletter
Bubble or no bubble? Two studies show conflicting opinions
October 10, 2010
Is the Canadian real estate market in a bubble about to burst or not?
Newsletter
REALTORS® have a duty to disclose defects
October 10, 2010
Basement flooding, cracks in the foundation, mould – what do sellers need to disclose and what do REALTORS® need to find out?
Newsletter
WIRED OFFICE Which smart phone is best for you?
October 10, 2010
Gone are the days of sitting around in your office waiting for an important call or for that essential email to arrive.
Newsletter
Learn how to stay safe on the job
October 10, 2010
Real estate is definitely a people business and, as a REALTOR® you meet lots of people on the job.
Newsletter
LEGAL BEAT: Material defect costs commission on 1.2 million dollar deal
October 10, 2010
The buyer sees a house in Carlisle, Ontario that meets his needs.
Newsletter
Shop for courses 24/7
October 10, 2010
Enrolling in OREA Real Estate College courses is a whole lot easier thanks to the “web self-serve” functionality on the www.orea.com website.
Newsletter
OREA Government Relations department wins CSAE Award
October 10, 2010
For its successful campaign against the Ontario government’s proposed mandatory energy audits, OREA was awarded the CSAE’s 2010 Associations Make a Better Canada Award in the Public Affairs/Government Relations category.
Newsletter
OREA celebrates excellence in customer service
October 10, 2010
At the Ontario Real Estate Association (OREA) we are proud to be participating in National Customer Service Week (October 4 - 8, 2010), and wanted to take this opportunity to thank you for being a "customer" of OREA. We value and appreciate your business.
Newsletter
Commercial real estate sustainable?
September 10, 2010
A new report finds the Canadian commercial real estate industry is playing catch-up with respect to environmental, social and governance (ESG) issues when compared to international peers.
Newsletter
MARKET WATCH: Homeowners are more financially fit
September 10, 2010
Homeowners are in the best shape when it comes to financial fitness in Canada. Sixty five per cent of homeowners pay off their credit card balances each month, vs. 48 per cent of non-homeowners.
Newsletter
Clauses should clarify terms of agreement between buyer and seller
September 10, 2010
Get it in writing…and get it right. A good clause in an Agreement of Purchase and Sale (APS) exists to make sure that the requests of both parties are accurately reflected.
Newsletter
“My REALTOR® had all the answers”
September 10, 2010
A new television commercial promoting the value of REALTORS® began airing across Canada at the end of August.
Newsletter
ON THE MARKETS: Lending rate hike won’t greatly impact real estate market
September 10, 2010
When the Bank of Canada (B of C) raised its overnight lending rate by 25 basis points in July, it sent fear into the hearts of many would be home buyers.
Newsletter
RECO Decision: Stolen identity, misrepresentation punished
September 10, 2010
The following RECO Discipline decision has been condensed and can be viewed in its entirety on the RECO website at www.reco.on.ca.
Newsletter
LEGAL BEAT: How to save your client’s money
September 10, 2010
I act for a builder buying several lots from a developer on which individual homes will be built.
Newsletter
Real Estate as a Professional Career is now offered in class
September 10, 2010
The OREA Real Estate College now offers the classroom method of course delivery for Real Estate as a Professional Career, the introductory course to The Salesperson Registration Education Program.
Newsletter
Defects and the Importance of Disclosure
September 10, 2010
Knowing the types of defects to look for and what information needs to be disclosed to your clients is part of the REALTOR®’s duty.
Newsletter
Be the REALTOR® every client wants
September 10, 2010
A new one-credit, online, CE course, Be the REALTOR® Every Client Wants, is now available!
Newsletter
RECO elects directors
August 10, 2010
Following the Real Estate Council of Ontario’s Annual Meeting in June, the Board of Directors elected George Lavallee as Chair and Keith Tarswell as Vice-Chair for 2010 – 2011.
Newsletter
MARKET WATCH: Housing activity will stabilize
August 10, 2010
Housing starts rebounded in the second half of 2009 and early 2010 and will stabilize over the next two years, according to Canada Mortgage and Housing Corporation’s (CMHC) second quarter Housing Market Outlook Canada Edition.
Newsletter
Expand your knowledge of clauses and conditions
August 10, 2010
Real estate transactions are loaded with issues that require carefully worded clauses and conditions to keep the deal on track. OREA Standard Clauses are used by members on a daily basis.
Newsletter
Dealing with the complaints process
August 10, 2010
What if a complaint is filed against you with the Registrar? What can you expect? How long is the process going to take?
Newsletter
WIRED OFFICE: Privacy and Social Media
August 10, 2010
Conduct an internet search on yourself by entering your name in a search engine (e.g., Google, Bing, etc.).
Newsletter
RECO Decision: REALTOR® fails to include all owners in listing agreement
August 10, 2010
The following RECO Complaints, Compliance and Discipline Appeals decision has been condensed and can be viewed in its entirety on the RECO website at www.reco.on.ca.
Newsletter
LEGAL BEAT: Power of Sale
August 10, 2010
The lender started Ontario Power of Sale proceedings and sued the mortgagor-owner who defended on several grounds. None were found in the owner's favour.
Newsletter
OREA exam replaces CAAT for admissions
August 10, 2010
Applicants to OREA’s Salesperson Registration Education Program can now write the OREA Real Estate College’s own real-estate focused Admissions Test to comply with the Private Career Colleges Act, 2005 mandated ‘Grade 12 or equivalent’ admissions requirement to our program.
Newsletter
Perceived viability of real estate industry shifts: survey
August 10, 2010
More brokers today feel that the viability of the real estate industry is in jeopardy, according to the 2010 Broker Viability study.
Newsletter
Homeowner emergency response plan starts
June 16, 2010
Residents and businesses in disaster-stricken communities across Ontario will be able to recover and rebuild more quickly, thanks to a plan launched in May by the Ontario Association of Fire Chiefs and The Home Depot Canada.
Newsletter
MARKET WATCH: First time buyers willing to pay more for location
June 16, 2010
A Bank of Montreal (BMO) survey released in April says among current homeowners and future first-time homeowners, location is the main reason they would consider offering more than the asking price for a home.
Newsletter
Applying the HST: REALTOR®tips
June 16, 2010
The new harmonized sales tax (HST) takes effect July 1st. Ontario REALTORS® need to prepare for the changes now.
Newsletter
RECO can no longer obtain criminal record checks
June 16, 2010
To become registered or renew registration with the Real Estate Council of Ontario (RECO), applicants not only have to have the appropriate real estate education, they must also be able to prove financial fitness and disclose any criminal charges against them.
Newsletter
ON THE MARKETS: Canadian economy’s growth will slow
June 16, 2010
Almost halfway through the year and the recovery in the Canadian economy is strong, but to what extent is this recovery the real thing and to what extent is it sustainable at the current rate?
Newsletter
Real estate brokerages need a plan to ensure a safe and healthy workplace to protect workers
June 16, 2010
Bill 168, Ontario’s new workplace violence and harassment legislation, will require every real estate brokerage to take specific steps to comply with the new law which comes into effect on June 15, 2010.
Newsletter
LEGAL BEAT: Standard form saves commission
June 16, 2010
The brokerage sued their buyer client for $21,774.50 under an Ontario Buyer Representation Agreement (BRA).
Newsletter
Timeline reminders
June 16, 2010
The OREA Real Estate College has started two campaigns to remind students of the time restrictions for completion of the Salesperson Registration Education Program.
Newsletter
REALTORS® ride to help provide shelter
June 16, 2010
Show your support for the REALTORS Care Foundation’s fifth annual REALTOR® ride for charity, a motorcycle ride in support of shelter-related charities.
Newsletter
No new applicants for ecoENERGY program
May 5, 2010
Effective March 31, 2010, the ecoENERGY Retrofit program that provided grants of up to $5,000 to Canadians who make their homes more energy efficient, stopped accepting new bookings for pre-retrofit evaluations.
Newsletter
MARKET WATCH: Mortgage rates on the rise
May 5, 2010
Canada’s big five banks have begun raising rates on certain fixed mortgages, including the benchmark five-year mortgage.
Newsletter
OREApedia helps members find information quickly
May 5, 2010
Quick and easy access to the vast amount of information on the OREA website is now possible through a feature called OREApedia.
Newsletter
New enrolment requirements for OREA Real Estate College
May 5, 2010
OREA was recently registered as a Private Career College under the Private Career Colleges Act, 2005 (PCCA).
Newsletter
WIRED OFFICE: Getting the most from your Search
May 5, 2010
Searching on the internet has become an integral part of our lives. There is an infinite amount of information sitting just a few keystrokes/mouse clicks/touch and presses away.
Newsletter
CREA clarifies MLS® Rules in response to competition concerns
May 5, 2010
CREA has changed its MLS® rules to clarify that the nature of services to be provided to the seller or buyer is a matter of agreement between the REALTOR® and his or her client or customer.
Newsletter
LEGAL BEAT: Can you live with the rules?
May 5, 2010
The condo unit owners installed two satellite dishes on the patio of their unit which the condominium corporation said were contrary to the Declaration, Bylaws and Rules.
Newsletter
OREA Real Estate College guarantees course dates
May 5, 2010
In an effort to assist students and registrants in planning their course schedules for 2010 and meet their timelines to complete required courses, the OREA Real Estate College introduced a schedule of ‘Guaranteed Course Dates’.
Newsletter
Ontario budget: little help for real estate
May 5, 2010
The Ontario 2010 budget was highlighted by a large provincial deficit and little in the way of help for the provincial real estate industry.
Newsletter
Conference focuses on land, development
April 5, 2010
The Real Estate Forum’s 2010 Land & Development Conference will offer insights on trends and strategies for land acquisitions and development in the Greater Golden Horseshoe as well as speculate on where land values are heading for 2010 and beyond.
Newsletter
MARKET WATCH: Housing starts trend upward for 2010
April 5, 2010
Housing starts rebounded in the second half of 2009 and will strengthen in 2010, according to Canada Mortgage and Housing Corporation's (CMHC) first quarter Housing Market Outlook, Canada Edition.
Newsletter
Learn how to spot structural deficiencies in homes
April 5, 2010
What should be one of the happiest moments in a person's life can sometimes be spoiled by the discovery of structural defects that were unknown or undisclosed at the time of purchase.
Newsletter
Social media’s a natural fit for REALTORS®
April 5, 2010
“REALTORS®are people people so the opportunities available to you through social media are tremendous.”
Newsletter
Canadians feel a home is key to retirement: poll
April 5, 2010
Home buying momentum in Canada continues to gain steam.
Newsletter
RECO Decision: Disclose terms when offer is presented
April 5, 2010
The following RECO Discipline Hearing decision has been condensed and can be viewed in its entirety on the RECO website at www.reco.on.ca.
Newsletter
LEGAL BEAT: Judge turns up the heat
April 5, 2010
When the buyer took possession of his Winnipeg house, he found that the space heaters had been removed, and the pipes were frozen.
Newsletter
Nominations swell for Volunteerism Awards
April 5, 2010
Karen Shartun of the Kitchener-Waterloo Real Estate Board was awarded the OREA Volunteerism Award for an Individual, presented at the 2010 OREA Annual Conference.
Newsletter
ExamTutor© 2 study guide available
April 5, 2010
ExamTutor© 2 CD-ROM is now available to students taking the Articling Segment and Real Estate Broker Courses, including Real Property Law, Real Estate Investment Analysis, Principles of Appraisal, Principles of Mortgage Financing, Principles of Property Management and the Real Estate Broker Course.
Newsletter
REALTOR® ride helps provide shelter
April 5, 2010
The Brampton Real Estate Board is once again hosting the REALTORS Care Foundation annual charity motorcycle ride, from July 7th to 10th, 2010.
Newsletter
OREA podcasts available on OREA website
April 5, 2010
Interviews with speakers from the recent leadership conference can now be heard on the OREA website.
Newsletter
REALpac releases office green lease guide
March 8, 2010
The Real Property Association of Canada (REALpac) has developed a Green Lease Guide for Commercial Office Tenants.
Newsletter
MARKET WATCH: Consumer confidence hits two year high
March 8, 2010
The Index of Consumer Confidence rose 13.8 percentage points in January to a 23-month high, according to the Conference Board of Canada’s latest Index of Consumer Confidence.
Newsletter
Make the most of green upgrades
March 8, 2010
As energy conservation becomes more of a concern for both government and consumers, REALTORS® can better serve their clients by knowing more about heating system upgrades and government grant programs for them.
Newsletter
REALTORS® welcome EI benefits for self-employed Canadians
March 8, 2010
Self-employed REALTORS® can now participate in the Employment Insurance (EI) program, CREA, the Minister of Human Resources and Skills Development and the Minister of State for Small Business and Tourism announced on February 1.
Newsletter
Mortgage brokers and agents licences up for renewal
March 8, 2010
More than 1,300 real estate brokers and sales representatives met the requirements to be licensed as mortgage brokerages, brokers or agents under the new Mortgage Brokerages, Lenders and Administrators Act, 2006 (the Act).
Newsletter
WIRED OFFICE: Should you upgrade to Windows 7?
March 8, 2010
By now, you’ve probably heard some mention of Microsoft’s new operating system known as Windows 7. Released in late October 2009, most new PCs now come with Windows 7 pre-loaded.
Newsletter
Get to know MTO policies for real estate signage
March 8, 2010
REALTORS® working with properties that enter onto public highways in Ontario need to be aware of guidelines for entrance permits as well as real estate signage.
Newsletter
LEGAL BEAT: Conduct can create agency relationship
March 8, 2010
The buyer used REALTOR® “S” to look for a condominium unit but refused to sign a Buyer Representation Agreement (BRA).
Newsletter
Errors and omissions new course starts
March 8, 2010
Risk Management Strategies for Errors and Omissions Insurance is a new six-credit course designed to help real estate professionals understand terms used in errors and omissions insurance policies.
Newsletter
Sponsors contribute to conference success
March 8, 2010
OREA’s 2010 Annual Conference was made possible by the donation of our generous sponsors.
Newsletter
New online study guide available
March 8, 2010
Has studying got you stressed? The new passit online study guides are designed to help ease the stress of studying for real estate pre-licensing courses in Ontario.
Newsletter
Teachers buy into mortgage insurance business
February 4, 2010
A private investor group, in which Ontario Teachers’ Pension Plan is the lead sponsor, is set to buy the Canadian mortgage insurance business of American International Group Inc (AIG).
Newsletter
MARKET WATCH: Strong market gains expected to continue through first half of 2010
February 4, 2010
Canada's residential real estate market is forecast to remain unusually strong through the first half of 2010, according to the Royal LePage Market Survey Forecast and House Price Survey.
Newsletter
“Time is of the essence” when notices given and received
February 4, 2010
One of the most significant changes made to the OREA 2010 Standard Forms was the revision of the Notices clause in Form 100, the Agreement of Purchase and Sale.
Newsletter
First-time buyers may want rental income but beware restrictions
February 4, 2010
Many homebuyers consider purchasing a property with an existing or potential for a second suite.
Newsletter
ON THE MARKETS: Economists predict higher interest rates in fall
February 4, 2010
According to many of Canada’s top economists, higher interest rates – and debt servicing costs – may be just around the corner.
Newsletter
Identifying fraud: use caution, common sense
February 4, 2010
Mortgage fraud continues to be a major concern for the real estate industry.
Newsletter
LEGAL BEAT: Open use of driveway for 20 years supports easement
February 4, 2010
Welton owned two lots and sold one. He then built a driveway that both lots could use. The driveway is located on the lot that he sold. He has continued to service and maintain the driveway since 1963. A dispute arose between Welton and the new owners of that lot who had bought it in 1985.
Newsletter
Make a difference; join a committee
February 4, 2010
If you’ve ever thought of serving your profession, why not sign up for an OREA committee?
Newsletter
REALTOR® concerns not reflected in brownfield regulation amendments
February 4, 2010
None of the province’s amendments to Ontario’s record of site condition regulation 153/04, released in December, address concerns raised by OREA during the consultation process.
Newsletter
AERO improves offer to REALTORS®
February 4, 2010
AERO Insurance Brokers has just negotiated a 33 per cent increase on the discount offered to OREA members. As a benefit of OREA membership, you have access to great group rates with two of Canada’s leading insurance companies.
Newsletter
OHBA fears black market due to HST
January 5, 2010
The Ontario Home Builders' Association (OHBA) is asking the provincial and federal governments to implement a permanent renovation tax credit or rebate for homeowners to mitigate the effect of the HST.
Newsletter
MARKET WATCH: Bank of Canada rates hold in 2010: poll
January 5, 2010
The Bank of Canada will most likely keep its promise to hold the key interest rate at near-zero levels through the second quarter of 2010 according to a recent Reuters poll of Canada's primary securities dealers.
Newsletter
Nurture those online leads
January 5, 2010
Most REALTORS® say referrals and repeat business are their main source of business leads. However, according to the National Association of REALTORS® (NAR) Technology Survey, 53 per cent of respondents feel the Internet is very important to generating leads.
Newsletter
Real estate reality show pulled
January 5, 2010
CREA successfully won its recent battle to have “Realtor vs. Realtor”, a Canadian real estate reality TV series, taken off the air.
Newsletter
What is a Heritage Property?
January 5, 2010
In past EDGE articles we’ve learned how to price heritage properties and that a number of Ontario municipalities have initiated programs to provide tax relief, grants and loans to heritage property owners. But how do you identify one?
Newsletter
WIRED OFFICE: GeoWarehouse® introduces online store
January 5, 2010
Teranet has launched the GeoWarehouse Store to assist REALTORS® in helping their clients make more informed real estate decisions.
Newsletter
OREA main office now a green building
January 5, 2010
OREA held a grand opening and ribbon cutting ceremony in December to celebrate the completion of the green building renovations to the Duncan Mills office.
Newsletter
LEGAL BEAT: PCDS/SPIS not a warranty
January 5, 2010
The buyers bought a house in Saskatchewan and received the seller's Property Condition Disclosure Statement (PCDS) that indicated there were no unrepaired roof leaks or moisture or water problems in the house, but also stated that there were previous backyard drainage problems which had been repaired to the best of his knowledge.
Newsletter
OREA mourns Lee Hoppe
January 5, 2010
The Ontario Real Estate Associations is sad to report that 1975 OREA President Earl Leroy (Lee) Hoppe passed away on Sunday, November 22, 2009 in Kitchener. He was 78.
Newsletter
REALTOR® efforts could not stop HST
January 5, 2010
Despite vigorous opposition by OREA and other groups, the Government of Ontario and the Government of Canada have both passed legislation that will implement the Harmonized Sales Tax (HST).
Newsletter
OREA Annual Meeting is open to members
January 5, 2010
All OREA members are invited to attend the Annual Meeting of the Assembly on Wednesday, March 3, 2010 at the Westin Harbour Castle Hotel in Toronto
Newsletter
Self-employed may soon qualify for EI benefits
December 14, 2009
The Conservative government has introduced a bill to extend Employment Insurance (EI) special benefits, such as maternity and compassionate care leave, to the self-employed for the first time.
Newsletter
Market Watch: Canadian commercial markets better off
December 14, 2009
Canadian commercial real estate executives feel the real estate markets have moved up meaningfully over the past quarter.
Newsletter
Same agency rules apply for commercial, residential REALTORS®
December 14, 2009
It used to be the three most important rules in real estate were Location, Location, Location.
Newsletter
REALTORS® and HST on collision course
December 14, 2009
Although organized real estate is still working to derail it, the HST train seems to be headed straight for us and unlikely to be knocked off track.
Newsletter
ON THE MARKETS: New economy means new ways of doing business for REALTORS®
December 14, 2009
Four out of ten REALTORS® believe the real estate industry is starting to recover from the economic crisis.
Newsletter
Homebuyers care about sustainability
December 14, 2009
Energy efficiency makes sense to most homebuyers.
Newsletter
LEGAL BEAT: Use non-competition clause in exceptional circumstances
December 14, 2009
The insurance brokerage employees had written contracts which contained a restrictive covenant which stipulated that for two years after the termination of employment, they were not to "conduct business with any clients or customers of H. L. Staebler Company Limited that were handled or serviced by you at the date of your termination".
Newsletter
Looking for leaders
December 14, 2009
If you’ve ever thought of serving your profession, why not sign up for an OREA committee?
Newsletter
Foundation grants swell in 2009
December 14, 2009
The REALTORS Care Foundation granted nearly $300,000 in 2009.
Newsletter
The REALTORS Care Foundation granted nearly $300,000 in 2009.
December 14, 2009
Feedback from the Broker Viability Task Force research showcase presentations has been very positive.
Newsletter
First time buyers learn mortgage basics
November 13, 2009
Building Blocks, a special series launched last month on the Globe Investor website is geared towards educating young Canadian families about various personal finance topics.
Newsletter
World housing markets recovering
November 13, 2009
Global real estate markets are showing tentative but growing signs of stabilization, according to the recent Global Real Estate Trends report released by Scotia Economics.
Newsletter
Communication issues spur changes to OREA Standard Forms
November 13, 2009
Well-written standard forms and clauses help to make the trade in real estate an open and transparent process.
Newsletter
Heritage property owners get tax relief
November 13, 2009
A number of Ontario municipalities have initiated programs to provide tax relief, grants and loans to heritage property owners.
Newsletter
WIRED OFFICE: Safe disposal of consumer electronics
November 13, 2009
As consumers, we often want the latest and greatest techie toys with the newest bells and whistles.
Newsletter
RECO decision: Member fails to verify chattels
November 13, 2009
The following RECO Complaints, Compliance and Discipline Appeals decision has been condensed and can be viewed in its entirety on the RECO website at www.reco.on.ca.
Newsletter
LEGAL BEAT: Disclose market value comparables
November 13, 2009
The REALTOR® knew that a development property might be for sale and discussed it with the sellers.
Newsletter
Calling all candidates!
November 13, 2009
Interested in running for a position on OREA’s 2010 Board of Directors?
Newsletter
Quality of Life campaign launched at 2009 OREA Political Affairs Conference
November 13, 2009
In response to the call from member real estate boards and associations, OREA has developed materials for boards, associations and REALTORS® to use to implement quality of life principles and practices in their day to day business.
Newsletter
Distracted driving law on the horizon
October 13, 2009
Bill 118, banning drivers from using handheld devices while operating a vehicle on the road, will become law on October 26, 2009.
Newsletter
Outlook improves for jobless Canadians
October 13, 2009
More Canadian employers will be hiring in the October to December period of 2009, according to the latest results of the Manpower Employment Outlook Survey.
Newsletter
Legal Forum hits a milestone!
October 13, 2009
Got a burning real estate question? Chances are you will find the answer to it on OREA’s online Legal Forum.
Newsletter
REALTOR® ad campaign builds on success
October 13, 2009
This fall, OREA will be continuing the very successful residential campaign that impresses upon consumers the importance of using a REALTOR®.
Newsletter
Economists optimistic recession is over
October 13, 2009
The outlook is brightening for the economy in general and the housing industry, specifically, according to some recent reports.
Newsletter
RECO decision: Access to lockbox must be authorized
October 13, 2009
The following RECO Complaints, Compliance and Discipline Appeals decision has been condensed and can be viewed in its entirety on the RECO Web site at www.reco.on.ca.
Newsletter
LEGAL BEAT: Warranty merged on completion
October 13, 2009
The sellers sold commercial condominium premises and a business used as a party hall primarily for Hindu wedding receptions.