Package deal to Commercial Forum and REALTOR® Quest

The CREA Canadian Commercial Forum and TREB’s REALTOR® Quest are happening all under one roof this year, and RAHB’s Regional Commercial Network has arranged a package deal for any member to attend on Thursday, May 5.  The package includes:

  • coach transportation (from RAHB and back)
  • admission to REALTOR® Quest
  • all sessions
  • continental breakfast
  • lunch
  • Forum’s wine and cheese reception

Full details are on the registration form. Seats are being sold “first come, first served”.  Register now!  Note: if we don’t have enough members registered for this package deal by April 22, the trip may be cancelled.

Increase to monthly service fee

(reprint from email to all members in December, 2015)

RAHB’s monthly service fee (“Flat Fee”) is assessed on a cost recovery basis and is subject to revision according to the increase or decrease in costs incurred by RAHB to provide MLS® and MLS®-related services to members.

As per policy, [at the end of last year] the Finance Committee completed a review of expenses related to the monthly service fee for 2016 and recommended a two dollar increase, primarily due to:

• increases in the cost of services provided by Teranet
• pressure from the weak Canadian dollar for services billed in US dollars

As a result of these factors, the Board of Directors approved that the monthly service fee be increased from $42 to $44 per month, effective January 1, 2016. [The fee increase appeared on the January invoice you received on February 1.]

Please note this increase is only for your monthly service fee and not for your RAHB membership dues (“RAHB Quarterly Dues”), which will remain the same in 2016.

Important information about leaves of absence

If you need to take a leave of absence (for medical leave, maternity/paternity leave or compassionate care), remember that:

  • your RAHB account must be paid in full before you will be granted a leave of absence;
  • you are responsible for maintaining your license with RECO, including paying your E&O Insurance, license renewal, etc;
  • you will pay only current membership dues when you return from your leave of absence.

Here’s what you need to be granted a RAHB leave of absence:
Medical leave:  requires a completed form accompanied by a letter from your physician; good for 12 months, you do not have to remit any fees.

Maternity/paternity leave:  requires a completed form accompanied by letter from your physician or midwife; good for 12 months, you do not have to remit any fees.

Compassionate Care: requires letter of notice from Brokerage signed by both you and your Broker of Record/Manager; good for eight weeks, you do not have to remit any fees.

Forms for leaves of absence are on REALTOR Link® under the Member Services tab.  For more information contact Camryn at camrynh@rahb.ca or 905.529.8101 X258.

 

RealTrack available at RAHB

The RealTrack service is available for all members’ use in the RAHB Resource Centre. 

What is RealTrack?

RealTrack is a licenced database for searching commercial real estate transactions of $500,000 and over, for properties located in Ontario.  Compiled from land title documents, telephone interviews, site visits and other sources, RealTrack collects, confirms and publishes the information of over 93,000 property transfers dating back to 1996.  The database grows at a rate of 100-150 new transactions every week.

Property information includes:

  • address/location
  • transfer date
  • consideration details (cash and assumed/vtb debt)
  • party contact information
  • street level and aerial photos (with site boundaries)
  • dynamic maps
  • property descriptions including type, size and number of units
  • description of site boundaries
  • financing details
  • broker/agent contact information

Access to RealTrack in the RAHB Resource Centre is by chance or by appointment (one user session at a time).  Contact Kathy (kathyr@rahb.ca) or Nancy (nancyd@rahb.ca) to reserve your time today!

RAHB dues deadline September 30, 2015

The quarterly RAHB dues have been billed and emailed to you as part of your August monthly invoice. Please note that dues are due and payable no later than September 30, 2015. If payment is not received, suspension will be immediate
as per RAHB Bylaw Article 4, Section 3, Sub-Section 3.01.

Dues-chart

 

Acceptable methods of payment:

In Person:  Visa, MasterCard, Interac, Cash or Cheque
By Phone: Visa or MasterCard
Online through Fusion: Visa, MasterCard or AMEX
Online: CIBC/PC Financial, Royal Bank, Scotiabank, TD Canada Trust – for assistance in set-up, please call Karin at 905.529.8101 x258.

Pre-Authorized payment subscribers will be processed on Monday, September 21, 2015.

 

* To meet the Senior Membership criteria, you must be 65 years of age and a 25-year RAHB member.  If you meet the criteria please contact Camryn in the Membership Department with proof of age (e.g. driver’s license) – camrynh@rahb.ca or by fax to 905.529.4349.

 

Membership Terminations: Article 4 – Section 1, 1.02
It shall be the Brokerage’s responsibility to ensure that notice of all Membership resignations and/or other Membership terminations for Members registered with such Brokerage are received at the Association office within seven (7) business days of such termination. Notice of any resignation and/or other Membership termination received after such date, shall be subject to a penalty in the amount of $50.00 per incident, which sum shall be payable by the Brokerage
to the Association.

Hamilton’s “Property Inquiry” has moved

The City of Hamilton launched their new website in June and, as a result, the property tax inquiry page has moved.

Go to Property Inquiry page then click “Property Inquiry Tool”. You will have to accept the terms of use before you can search by address or roll number.

The link to this information in Fusion > WebTools has been updated.

 

Reminders from the Membership Department

Members who have or wish to have an unlicensed assistant should note the fee for the unlicensed assistant is $15.00 per month plus HST.

When your assistant leaves, please notify the Association within 48 hours, as per the RAHB Bylaw:

Section 7, sub section 7.10
The Broker of Record of each Brokerage shall notify the Association within forty eight (48) hours after any individual who has been provided with Access Codes and/or Access Programs ceases to be employed by the Brokerage.

Send your notice to Camryn at camrynh@rahb.ca or 905.529.8101 x251.

Another Association joins CONNECT!

The Southern Georgian Bay Association of REALTORS® (SGBAR) has just joined CONNECT. Members can now use CONNECT to search for current and recent MLS® information for the areas covered by the Southern Georgian Bay association – Midland-Penetanguishene, Victoria Harbour, Port Severn, Oro-Medonte, Wasaga Beach, Collingwood, Blue Mountains, Meaford and points in between.

Government Relations: Light Rail Transit (LRT)

On Monday, January 26, Hamilton Mayor Fred Eisenberger and Premier Kathleen Wynne met and discussed funding for Hamilton’s rapid transit needs.  The result was an announcement of full funding for the project.

Since 2008, the REALTORS® Association of Hamilton-Burlington has maintained a position in support of light rail. In the six years since, our position hasn’t wavered because, even in the early days, it has been apparent to the leadership that this is more than just a state of the art transportation system; it is an investment in the future.

We need to be forward-thinking in our plans for the future, and we believe that light rail is one of the best ways to achieve many of the city’s goals. These include continued revitalization of the downtown core, intensification along main corridors, further economic development and a broadening of the tax base.

The Rapid Ready report provides positive numbers, with the following financial benefits from LRT:

  • Reduction of scheduled and unscheduled backlog capital works in the order of approximately $79 million.
  • Tax benefit from new development by LRT estimated at $22.4 million.
  • Potential for 6,000 construction jobs (provincial); 3,500 directly in Hamilton.
  • Potential for 1,000 permanent jobs (provincial); 300 jobs in Hamilton to deliver regular operations and maintenance.
  • B-Line LRT investment may result in an estimated increase of more than $443 million in Ontario’s GDP.

With the funding commitment from the Province, it is now the City’s turn to solidify its buy-in.  If you support this project, please let your councillor know: http://www.hamilton.ca/YourElectedOfficials/WardCouncillors/

MEMBER SERVICES – RAHB Area Maps – December 2014

RAHB Average Price by District – (#) Residential Unit Sales

Hamilton
Hamilton West,  10 – 12
Hamilton East,  23, 24, 27 – 29
Hamilton Centre,  13, 14, 20 – 22
Hamilton Mountain,  15 – 18, 25 & 26
Ham

 

 

 

 

 

 

 

 

 

Burlington – 30 36, 38

Burl

 

 

 

 

 

 

 

 

 

Outlying
Flamborough, 40, 43 – 45
Dundas, 41
Ancaster, 42
Waterdown, 46
Stoney Creek, 50 – 52
Glanbrook, 53
Grimsby, 54 -55
West Lincoln, 56
Smithville, 57
Dunnville, 61
Cayuga, 62
Calendonia/Hagersville, 63 & 70
Onieda/Seneca, 71 & 64
Rainham, 65
Canborough/Dunn, 60
Moulton/Sherbrooke, 60

Outlying

MEMBER SERVICES – New International Property Measurement Standard for Office Buildings

The International Property Measurement Standard (IPMS) for Offices is a principle-based and internationally applicable office building measurement standard. This new standard is the result of a global effort spearheaded by a coalition of more than 50 professional organizations from around the globe to create a uniform method for measuring property. The IPMS is set to replace dozens of existing standards currently in use around the world. The new standard defines which areas are included when measuring a property and which are not.

The IPMS will help to reduce risk, increase measurement consistency and support transparency in an increasingly globalizing commercial property industry. This standard will benefit the way property assets are managed and, ultimately, how investors, corporate occupiers, buyers and sellers make financial decisions in order to save time and money.

IPMS for Office Buildings is now available.  Download your copy.