The REALTORS® Association of Hamilton-Burlington extends a warm welcome to its newest members from May 20 to June 21, 2017!
Ambitious Realty Advisors Inc.
Apex Results Realty Inc.
Chase Realty Inc.
Coldwell Banker Community Professionals
Colliers Macaulay Nicolls Inc.
G. Walker Real Estate Inc.
Cosimo De Santis
Keller Williams Edge Realty
Michael Graham Smith Real Estate
PC275 Realty Inc.
Charlene De Silva
RE/MAX Realty Enterprises Inc.
Right At Home Realty Inc.
Rock Star Real Estate Inc.
Royal LePage Burloak Real Estate Services
Royal LePage Niagara Real Estate Centre Inc.
Royal LePage State Realty
Thank you to our sponsor:
Does your daughter or son – or granddaughter or grandson – qualify for a Karan Barker Scholarship?
Does she or he…
1. attend, or have an acceptance to attend, university or community college?
2. demonstrate academic excellence? Get involved in school activities or the community?
3. show maturity, initiative and/or strength of character?
If this sounds like your child or grandchild have them complete an application for a 2017 Karan Barker Scholarship!
Application deadline is Friday, August 11, 2017.
The RAHB Board of Directors approved a change to the Smithville (SM 57) boundary to line up with the official urban boundaries for Smithville Township.
The previous Smithville boundary was set many years ago, prior to the recent residential development in the township. Some new developments are legally within Smithville Township but lay outside the long-standing RAHB boundaries and therefore had to be listed in GR55. Anyone searching for properties in Smithville might well have missed those listed in GR 55.
RAHB’s MLS® Committee consulted with members who are active in the area and with the Township of West Lincoln, and recommended that RAHB’s boundary should follow that of the Township. Now, members with listings in Smithville and those searching for listings in Smithville will be able to use the SM 57 area code and be confident the properties are located in the correct area.
The change in boundary is now in effect. All active and historical listings have been updated in Fusion and Matrix. RAHB’s Outlying Areas map will be updated at the next printing, and CoreLogic will update the boundary for the overlay on the map search prior to RAHB’s full cut over to Matrix.
This message from RAHB CEO George O’Neill went to all members on June 26, 2017. We are reprinting it here in case you missed it!
Over the past two weeks, RAHB held three webinars for our members, plus a Broker of Record/Manager meeting. At those meetings, we discussed RAHB’s plans to cut over to our own Matrix MLS® system in August as well as the status of the data sharing discussions with the regional boards/associations via ORTIS. Thank you to each of the 250+ members who attended the meetings either in person or online.
RAHB has heard loud and clear that our members, as well as many other REALTORS® from across the region, strongly desire to have RAHB’s data sharing in place prior to cutover, so we have taken immediate action. Just after the Broker of Record/Manager meeting, I called ORTIS representatives to discuss how we may work together to finalize the contract.
I am pleased they have agreed to work with me and RAHB’s lawyer, as the contract, as is, require refinement to make it fair and equitable for RAHB members and for those of the regional boards/associations.
I will provide a further update next week as to the status of the data sharing contract at that time.
The Bay Area Economic Summit held Tuesday, June 27, 2017, created in cooperation with a regional advisory committee, focused on four interrelated topics.
1. Innovation Corridor: benefits for Bay Area companies, start-ups, entrepreneurs, institutions1. Innovation Corridor: benefits for Bay Area companies, start-ups, entrepreneurs, institutions and not for profits
2. Regional Goods Movement: the Bay Area play for improved connectivity
3. Climate Action: economic advantages for the Bay Area community 4. Smart Intensification: compact development of employment and residential lands in the Bay Area
4. Smart Intensification: compact development 4. Smart Intensification: compact development of employment and residential lands in the Bay Area
Marquee speakers included Premier Kathleen Wynne; Tom Jenkins, board chair of OpenText Corporation and a key champion of global competitiveness; and Birgit Matthiesen, a highly respected commentator on Canada-U.S. trade.
The day also included a conversation between McMaster’s Marvin Ryder and David Cheney, Managing Partner of Bedrock Industries and new owner of Stelco as of July 1, 2017.
RAHB President Lou Piriano participated in a panel entitled Effective Intensification of Residential and Industrial Lands in the Bay Area, where he discussed intensification from the REALTOR® perspective.
Presentations will soon be posted at www.bayareasummit.ca.
Jump in house listings may signal a cooling in Hamilton’s hot housing market (CBC Hamilton)
Is this a sign of a rebalancing of the market the province was hoping for? The official housing market numbers for May won’t be out for a few days, but early indications show a big jump in the number of homes for sale in the Hamilton and Burlington real estate market as of early this week.
‘Healthier’ housing market emerging as listings spike in May in Hamilton (CBC Hamilton)
A record-breaking number of homes were listed for sale in the Hamilton area last month, according to new data from The REALTORS® Association of Hamilton-Burlington (RAHB). And that spike marks a measurable move toward a “healthier” and more balanced market, says the area’s real estate board.
Increase In Listings As Investors Cash Out (Hi Business)
The current stats that was released showed that existing owners and investors seem to have cashed out of the blazing real estate market. In the course of last month as stated by the REALTORS® Association of Hamilton-Burlington, latest listings went up in Hamilton as existing home owners made best use of the blazing market.
Hamilton real estate boom expected to continue despite big listings spike (Hamilton News)
Numbers released June 5 by the REALTORS® Association of Hamilton-Burlington show a record 3,208 new listings processed last month, a whopping 41.1 per cent increase over the previous May.
Hamilton area bucks trend as GTA home sales plummet in May (Hamilton Spectator)
Home sales in the Greater Toronto Area plunged 20 per cent last month compared with a year ago, according to the latest data from the country’s largest real estate board. But the GTA’s slide is in contrast to the continuing hot market in the Hamilton-Burlington area, which boasted 3,208 new listings in May, a whopping 41 per cent increase from the same month last year, and nearly 35 per cent higher than its 10-year average.
Hamilton home prices post record increase in May despite Ontario’s ‘cooling’ measures (CBC Hamilton)
The listings increase was announced last week by the REALTORS® Association of Hamilton-Burlington, and showed 3,208 new listings were processed through the organization in May, which is 41.1 per cent higher than May of last year and 34.8 per cent higher than the
Homeowners Decided to Cash In (The Bay Observer)
The REALTORS® Association of Hamilton-Burlington (RAHB) reported a record 3,208 new listings were processed through the RAHB Multiple Listing Service System in May, which is 41.1 per cent higher than the same month last year and 34.8 per cent higher than the 10-year average.
REALTORS Care® Foundation Motorcycle Ride for Charity (93.3 CFMU Radio)
On July 5th, REALTORS® across Ontario will be riding their motorcycles and gathering across Hamilton, Brantford, Kitchener-Waterloo, Grey Bruce Owen Sound, Huron Perth and Sarnia-lambton to raise money to assist a variety of local shelter-related charities in each of these communities.
20 questions with George O’Neill, CEO of REALTORS® Association of Hamilton –Burlington (Hamilton Spectator)
From business to life advice, this piece covers it all. Get to know RAHB’s CEO!
Thank you to our sponsor:
Did you know that RAHB has its fingers on the pulse of what’s going on municipally, provincially and federally through its Government Relations Committee? And that RAHB has built relationships with business organizations to become an influential member of the community?
Your association is very much part of the local and wider communities so that your interests – and those of home buyers and sellers – are considered and protected when decisions are being made.Your association is very much part of the local and wider communities so that your interests – and those of home buyers and sellers – are considered and protected when decisions are being made.
Here are just a few of the ways RAHB has been involved in local, provincial and national issues:
- RAHB’s leadership and Government Relations Committee representatives participate in annual CREA and OREA Political Action Conferences, where the big event is meeting with local MPs and MPPs to discuss real estate-related issues. These relationships are built further at local visits with the same representatives.
- RAHB worked to dissuade Hamilton City Council from adopting landlord licensing and to encourage the city to develop and present a program to encourage landlords to safely create secondary suites through simple, legal means. As this conversation continues at City Hall, RAHB has a voice at the table to ensure affordable housing is maintained in a safe way.
- In 2015, RAHB’s Government Relations Committee successfully lobbied City Councillors to discourage them from considering asking for powers to impose a municipal land transfer tax.
- RAHB partnered with the Hamilton Chamber of Commerce and Hamilton-Halton Home Builders Association in the 2014 civic election. Together, as the Hamilton Business Leaders, the group hosted a Q&A with the mayoralty candidates.
- Representatives from RAHB are consistently invited to participate on committees, as part of focus groups and in other forms of stakeholder engagement in Hamilton, Burlington and beyond, allowing members voices to be heard as well and information to flow both ways.
- RAHB holds membership in all Chambers of Commerce of communities within its boundaries, and actively participates in Chamber activities in Hamilton and Burlington through sponsorship of events, including most recently, the Bay Area Economic Summit.
Thank you to our sponsor:
On June 6, 2017, you received an email from RAHB President Lou Piriano and me that announced a mid-August 2017 launch of our Matrix system. I’m excited about the launch since RAHB’s new MLS® System has been designed specifically for RAHB members and contains many new features that we are confident you will find to be very helpful in your day to day business as a REALTOR®.
Our new MLS® platform is Matrix 7.0, the latest version available from CoreLogic. It will include new market reporting tools, a new customer portal, a direct openhouses.ca interface and a host of other new features that will provide you with tools you can use to offer enhanced services to your clients and better ways to communicate with them. And all this will be available on your mobile phone, tablet or desktop – it is fully responsive on all devices.
You can expect to preview our new Matrix system in mid-July, about four weeks before our cutover date. If you are already using the regional Matrix system for searches, you will have no trouble with our system. The preview period will give you the opportunity to familiarize yourself with our Matrix and to ensure all your saved searches and customer contact data have been transferred properly from the regional system as well as from our Fusion system. Training will be offered for those who wish to learn how to load and maintain listings in our Matrix system, even though many will find the interface very intuitive. Listing search will be almost identical to the regional system, which you are most likely already familiar with. Training will also be offered for the entire system, for those who require an update.
You will be hearing more about RAHB’s Matrix launch in the coming weeks – be sure to watch for information, webinars, tips and instructions in upcoming issues of The Shift. In the mean time, continue to load your listings and do all your listing maintenance in Fusion.
Now a word about data sharing. As we mentioned in our June 6 email, RAHB’s Board of Directors had serious concerns with the way ORTIS, the company managing the regional Matrix system, operates. This is not new; we communicated our concerns to you in the past. After almost a year of trying to have these issues addressed and to put in place an equitable data share approach, our Board determined that ORTIS was unable to meet RAHB’s expectations of professionalism and the standards of service our members are used to. Therefore, our Board notified ORTIS that RAHB will be leaving ORTIS on our Matrix launch date.
What does this mean for you? Based on understandings already in place with ORTIS, you should continue to have access to the regional Matrix system for your listing searches until cutover to the RAHB Matrix system. We don’t have any guarantees after that date, but be assured RAHB continues to be open to discussing with our neighbouring boards and associations continued access to listing search beyond our cutover date.
We are hosting webinars to address any questions you have and to provide more details about our Matrix launch. These will take place on June, 15, 16 and 20, all starting at 9:30 a.m. An invitation was sent to all members on June 9, 2017 and you can register here: https://attendee.gotowebinar.com/rt/1491618748198792706. There will also be additional information in upcoming issues of The Shift. We will keep you up to date and help you prepare for your new Matrix 7.0 MLS® System!
Class photo of the participants in the May 15-16, 2017 Accredited Buyer’s Representative (ABR) course. This two-day course was one requirement on the path to the designation. Congrats to all who participated!
The quarterly RAHB dues have been billed and e-mailed to you as part of your May monthly invoice. Please note that dues are payable no later than June 30, 2017.
RAHB Full Member Dues Are As Follows:
$125.00 – RAHB dues (July – Sept)
$28.75 – OREA dues (July – Sept)
$77.50 – CREA dues (July – Sept)
$30.06 – HST
Acceptable methods of payment:
In Person: Visa, MasterCard, Interac, cash or cheque
By Phone: Visa or MasterCard
Online through Fusion: Visa, MasterCard, AMEX, Visa Debit (NEW) https://mdweb.mmsi2.com/rahb (Note: Requires your Fusion login and password.)
Online: CIBC/PC Financial, Royal Bank, Scotia Bank, TD Canada Trust – for assistance in set-up, please contact Karin at 905.529.8101 x258.
Pre-authorized payment subscribers will be processed on Wednesday June 21, 2017.
A reminder about notifying RAHB of terminations in your office
Brokerages are responsible for notifying RAHB when members in their office resign or otherwise leave. Notice must be received by RAHB within seven business days of the member leaving. If notice is delayed beyond the seven business days, the Brokerage will be assessed a penalty of $50 per incident. (RAHB Bylaw, Article 4, Section 1.02.)
As province moves to cool Toronto housing, what happens in Hamilton? (CBC Hamilton)
Toronto average price rose 33% from March 2016 to March 2017; Hamilton average price rose 28%
Hamilton area house sales continue at record highs (Hamilton Spectator)
House sales in Hamilton and Burlington set a new high for April with the seventh monthly record in a row, according to the REALTORS® Association of Hamilton-Burlington.
Home sales cool last month, GTA leads decline (Hamilton Spectator)
The president of the local real estate association says Hamilton’s and Burlington’s housing markets appear to be cooling off in recent weeks, mirroring trends at the national level.
‘Blockbuster’ real estate April in Hamilton and Burlington (900 CHML)
The REALTORS® Association of Hamilton-Burlington (RAHB) reports 1,770 homes were sold in April. That’s a new high for April, the seventh month in a row for new monthly records.
City Matters (Cable 14 TV)
RAHB, President Lou Piriano, spoke with Hamilton’s Cable 14 about real estate trends and current market conditions.
Hamilton’s top neighbourhoods (Moneysense)
This increasingly young and hip city has affordable homes on offer.
Thank You To Our Sponsor:
Meetings at the RAHB Office (505 York Blvd.)
Government Relations Committee
Tuesday, June 20 – Thompson Room, 9:15 a.m.
Board of Directors
Thursday, June 22 – Thompson Room, 9 a.m.
Monday, June 26 – Thompson Room, 9:30 a.m.
Governance and Bylaw Committee
Wednesday, July 18 – Thompson Room, 9:30 a.m.
Upcoming RAHB Events
REALTORS Care® Motorcycle Ride for Charity Kick Off
Wednesday, July 5, 2017
7 a.m. – 9 a.m.
RAHB parking lot, 505 York Blvd.
RAHB Open Forum: Caledonia
Wednesday, September 6, 2017
Grace United Church, 174 Caithness St. E.
RAHB Open Forum: Grimsby
Friday, September 8, 2017
Trinity United Church, 100 Main St. W.
RAHB Open Forum: Dunnville
Friday, September 15, 2017
Grace United Church, 301 Broad St. E.
RAHB Open Forum: Burlington
Friday, September 29, 2017
Appleby United Church, 4407 Spruce Ave.