New RAHB Stats Package Coming Soon!

Starting in September, RAHB’s monthly stats package will have a new look! Thanks to the feedback we received from the RAHB Statistics Survey and the work of the Statistics Task Force, we will be offering members an updated, comprehensive package of statistical information that will include the most-used features of our current package plus additional information and new area breakdowns.

One of the additions will be CREA’s Home Price Index, or HPI. This new tool shows long-term trends for different housing types and will provide valuable data down to the neighbourhood level.

Learn more about the HPI by viewing CREA’s video and watch for more information about the new statistics package in the coming weeks.


Congratulations to  _________________ the winner of the draw.

 

Reminder: Webforms®

CREA WEBForms® Updated – Please note that CREA will be discontinuing the “Classic” version of WEBForms® on Thursday, August 9 – the date has been changed from August 8, as reported earlier.

Get Familiar with the New WEBForms®!

CREA will be discontinuing their “WEBForms® Classic” version as of Wednesday, August 8, 2018.

To prepare for the change to the new version of WEBForms®, why not begin using the new version now?  It’s easy to get to the new site: when you go to WEBForms® Classic, you will see this notice – just click on the red button that says Try the new version of CREA WEBFORM® now! and you will be redirected to the site.

New on REALTOR.ca – School Catchment Areas

Beginning this week (July 30, 2018), CREA will be adding school catchment areas to the neighbourhood info on REALTOR.ca. You will be able to find the catchment area by selecting a school name from the school list in the neighbourhood section of a listing advertisement on REALTOR.ca. Catchment area is one of the most requested features for REALTOR.ca from both REALTORS® and consumers.

This change will be rolled out over two releases; the Hamilton area is in the first release scheduled for the week of July 30.

CREA’s scheduled rollout is:

The first release will cover the catchment area in these areas:

Toronto, Montreal, Vancouver, Calgary, Ottawa-Gatineau, Edmondton, Quebec, Winnipeg, Hamilton, Kitchener-Waterloo, London, St. Catharines-Niagara, Halifax, Oshawa, Victoria, Windsor, Saskatoon, Regina and Sherbrooke.

On August 30, the second release will cover:

St. John’s, Barrie, Kelowna, Abbotsford-Mission, Sudbury, Kingston, Saguenay, Trois-Rivieres, Guelph, Moncton, Brantford, Saint John, Peterborough, Thunder Bay, Lethbridge, Nanaimo, Kamloops, Belleville, Chatham-Ken, Fredericton, Chilliwack.

Become Familiar with the New WEBForms®!

CREA will be discontinuing their WEBForms® Classic version as of Wednesday, August 8, 2018.

To prepare for the change to the new version of WEBForms®, why not begin using it now?  It’s easy to find the new site: when you go to WEBForms® Classic, you will see the notice shown below – just click on the red button that says Try the new version of CREA WEBFORMS® now! and you will be redirected to the site.

 

 

Note: This article was updated on July 18 to reflect the new date of August 8 for the discontinuation of WEBForms® “Classic”.

OREA Launches New Forms Tutorials

OREA has just launched a new tutorial series to provide you with a practical guide to using OREA Standard Forms and Clauses.

These new tutorials are designed to be relevant and informative, with tips you can apply to your business immediately.

Now available is a two-part mini-series that drills down into specific areas of OREA Form 100 Agreement of Purchase and Sale.

Part 1 covers:
Deposit section information
Clause 1 – Irrevocability
Clause 3 – Notices
Confirmation of Acceptance section

Part 2 covers:
Property description
Clause 4 – Chattels Included
Clause 5 – Fixtures Excluded
Clause 6 – Rental Items
Clause 8 – Title Search
The Schedule, including clause structure and cautions

Be sure to check OREA’s Standard Forms landing page for new tutorials and other updated resources.

OREA Tutorials

 

Please note: all access to Standard Form resources is through member login.

 

Canada’s Do Not Call List – Know the Rules!

We have received the following information from the Canadian Real Estate Association (CREA):

The Canadian Radio-television and Telecommunications Commission (CRTC) continues to enforce compliance with the Unsolicited Telecommunications Rules or the National Do Not Call List (DNCL).  The DNCL includes consumer telephone numbers who have chosen to no longer receive marketing calls.

The DNCL was established in September 2008 and CREA has communicated requirements to its members on numerous occasions.  There have been several messages to Boards and Associations, News2Me articles, multiple blog posts and a full compliance guide is available on REALTOR Link® to help members understand their obligations.

It is important for brokerages to understand their responsibilities and ensure full compliance.  Failure to do so may result in significant financial penalties administered by the CRTC.  We encourage you to review the steps below and update your internal policies accordingly.

  • If a brokerage makes calls or sends faxes to consumers for the purpose of solicitation, the brokerage must register at http://go.pardot.com/e/94862/ind-insorg-regorg-eng/2x3rk6/201912085.
  • If a brokerage signs a contract with a telemarketing service provider to do telemarketing on their behalf, the brokerage must still register at http://go.pardot.com/e/94862/ind-insorg-regorg-eng/2x3rk6/201912085.
  • If a brokerage or their service provider conducts telemarketing, the brokerage must purchase a subscription for the area codes that will be called.
  • It is the responsibility of the brokerage to ensure its office has access to the most up-to-date version of the National DNCL and that those numbers are removed from the calling list.

The DNCL applies to brokerages as well as service providers.  We urge brokerages to exercise caution when hiring a third party service provider to assist in managing their telemarketing operations. Hiring a third party to manage a brokerage’s telemarketing operations does not absolve the brokerage of its DNCL responsibilities.  Each brokerage is responsible for calls made on their behalf, therefore, if the service provider does not abide by the law, the brokerage may be at risk, particularly if the CRTC launches an investigation.

For more information about the DNCL and members’ obligations, please consult CREA’s FAQs or contact us at info@crea.ca.

 

Registrar’s Concerns About Lockboxes and Security Outlined in Bulletin

A recently-published Registrar’s Bulletin addressed the proper use of lockboxes on listed properties, the permissions required from sellers, the expectations for protection of the seller’s property when a lockbox is in use and the importance of keeping up to date on technological advances and best practices when using lockboxes.

Be sure you are complying with the rules – read the full Registrar’s Bulletin here

Note:

RAHB’s also has rules and policies on the use of lockboxes and seller’s keys. They are found in the Rules & Regulations, Section 2 MLS® Listings, Subsection  2.17; Section 12 Trading Procedures, Subsection 12.07, and in MLS® Policies – Miscellaneous #16, as follows:

Section 2 MLS® Listings
2.17 Members shall ensure that lock boxes provided for the purposes of access to the property which is the subject of an MLS® Listing are set with a unique code for the security of their Seller’s property. Further, Members shall change the lock box combinations, as required during the course of the Listing to maintain reasonable security, and not use any preset manufacturers’ codes.

Section 12 Trading Procedures
12.07 With the knowledge and authority of the Listing Brokerage, keys or other entry systems may only be used by Members for the purpose of inspecting properties or showing properties. The making of duplicate keys from the one obtained, the action of failing to return the key to the Listing Brokerage within a reasonable time, or the turning over of the key or information on the entry system to any Person not authorized by the Listing Brokerage, is an unauthorized use. The member conducting the showing or inspection will remain on the premises during the entire period of access unless permission in writing has been obtained from the Listing Brokerage and will ensure that all security precautions are taken.

12.07a) Keys shall be re-deposited in a lockbox immediately upon exiting the property and the lockbox shall be properly secured.

12.07b) The member conducting the showing or inspection is solely responsible to ensure that all security precautions are taken prior to departing the property.

MLS® Policies – Miscellaneous
16.  Any member found to be in breach of Rules and Regulations, Section 2 – MLS® Listings sub-section 2.17 (lock box code) will be fined $50 for the first offence, and $200 for the second and any subsequent offence.

New Look for WEBForms®!

CREA WEBForms® has a fresh new look and redesigned interface, which means helping your clients has never been easier.

Beginning in August, when you log into CREA WEBForms® you will automatically be redirected to the new CREA WEBForms® experience. WEBForms®Classic (the version currently available) will no longer be accessible.

But you don’t have to wait till August to switch to the new CREA WEBForms®.

Here are three reasons you should make the switch to the new CREA WEBForms® today:

Save Time
With the ability to auto-populate forms using data from your board/association’s MLS® System, you can save time and simplify the buying and sales process. 

Do More Deals From Anywhere
Whether you’re at home or on the road, CREA WEBForms® works effortlessly with the device of your choice. You can use your cellphone, tablet or computer to complete your real estate transactions.

Enjoy Freedom of Choice
CREA WEBForms® links to industry-leading e-signature and transaction management apps. You have the freedom to choose from popular apps like DocuSign®, Authentisign®, TransactionDesk®, NEXONE and eZmax.

Make the switch today by logging into CREA WEBForms® and clicking “Try the new CREA WEBForms®” at the top of the page.

(reprinted from May, 2018 edition of NEWS2Me, CREA’s national newsletter.)

 

You are a Member of the REALTOR® Action Network!

The REALTOR® Action Network (RAN) is CREA’s online advocacy platform built exclusively for REALTORS®.  RAN allows you to connect with your Member of Parliament (MP) so you can be the face of the local side of real estate in your area.

To make the most of the power of REALTORS® across the country, every REALTOR® has now been enrolled on RAN!

To be matched up with your MP, all you need to do is go to the REALTOR® Action Network site to update your profile with your home postal code – go to www.realtoractionnetwork.com. Please note: you will need to sign in to REALTOR Link® to reach the REALTOR® Action Network page.

Have Your Say – RECO Survey on Mandatory Continuing Education in Ontario

RECO is performing a review of its Mandatory Continuing Education (MCE) program, and part of the review is a survey that has now been sent to all registrants. The survey is asking for your opinions about the MCE program.

Check your inbox (or spam folder) for a message from CamProf Inc., the consultant engaged by RECO to lead the MCE program review. Be sure to take this opportunity to have your say, and help maintain high professional and educational standards in your profession. The survey period is from May 14-28, 2018, so don’t delay!

Help Protect the Dream

The Ontario Real Estate Association (OREA) is urging all Ontario REALTORS® to help protect the Canadian dream of home ownership for future generations.

OREA’s research shows that to keep the dream alive, governments need to:

  • Ensure the right type of housing is available to meet future needs
  • Make home ownership more affordable for first time buyers
  • Increase supply to fill the demand as it grows

How can you help?

  1. Learn more about future buyers’ prospects for home ownership at keepthedreamalive.ca
  2. Contact your local candidates in the upcoming provincial election to make them aware of the issues, then encourage them to commit to supporting policies that will make home ownership in Ontario more affordable.

Visit keepthedreamalive.ca for all the details, including how to contact your local candidates; OREA can help you make a difference in the June 7 provincial election.