RAHB RELEASES YEAR-END MARKET STATISTICS

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 11,882 all-property sales through the Association’s Multiple Listing Service® (MLS®) System in 2018, 17.5 per cent fewer sales than in 2017. Click here to read the entire report.

Follow the links below for more 2018 year-end stats:

Burlington

Hamilton

Haldimand

Niagara North

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Social Media Hashtags for Real Estate

When listing a property for sale on social media (Twitter, Instagram, Facebook), RAHB would like to encourage members to use the hashtags #HamOntRealEstate, #BurlOnRealEstate and #RAHB.
Using these hashtags will help gain momentum online and will create a feed of public posts for the public to view.
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For Multi-Marketed Listings, Use The Alternate MLS® Number!

When you enter a multi-marketed listing (where there is more than one listing with a single contract), it is necessary that you enter the MLS® numbers for all other corresponding listings in the Alternate MLS® Number field. This helps ensure all listings at that address are properly reported in the event the property is sold. It is also in keeping with RAHB’s MLS® Policies (MLS® Marketing Options, Policy #2).

Please refer to RAHB’s MLS® Policies for more information: http://rahb.ca/MLS/2018/11-2018-MLS-Policies.pdf.

As well, when a multi-marketed property is sold, report only one of the listings as sold.  This will ensure that RAHB’s listing statistics are accurately stated, with no listings being double counted (if all of the listing are reported sold, RAHB’s stats would count each as individual sales).   Report the sale on the listing that is most relevant, then cancel the remaining listings.  There is no additional paperwork required to do this.

If you have any questions, please do not hesitate to contact us at 905.667.4650 or support@rahb.ca.

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CREA’s HPI Tool and Powerpoint Presentation

CREA’s HPI Tool – Tableau

Use Tableau

For more information on how to use the HPI Tool, please visit www.crea.ca/housing-market-stats/mls-home-price-index/getting-started/.

On November 8th, CREA’s Chief Economist, Gregory Klump presented two sessions at RAHB about the HPI Tool. If you would like to view his powerpoint presentation, click the button below.

HPI Powerpoint Presentation

The session was also recorded.

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Two Additions to Photo Policies

The RAHB Board of Directors recently approved the addition of two new policies to the RAHB MLS® Policies for photos.

The additions and attendant revisions to the (now) Photos/Images policy are noted in bold text below.

Current Photos Policy Approved Amended Policy
PHOTOS

  1. RAHB will only accept a single clear, quality image for all photo slots.
  2. If a photo/sketch attached or photo to follow has been selected in the photo field and no photo/ sketch is attached or uploaded for any MLS® listing, within 48 hours of receiving an MLS® number, a $50 fine will be levied to the member.
    Furthermore, if a photo is not uploaded within twenty four (24) hours of receiving the initial $50 photo fine, an additional $100 fine will apply and be charged to the member.
    If a member does not upload a photo within 24 hours of receiving the $100 fine, the listing will be removed from the MLS® system
  3. If a member is using another members’ previous listing photo on a listing without written permission, the photos will be removed, the status will be changed to information withheld until a new photo is provided, and a $50 fine will be levied to the member.
  4. Photos submitted with any overlay of text will not be accepted; with the exception of sketches.
  5. Photos with people and/or their direct image will be subject to review by the MLS® Department; and may be refused or removed. This includes, but is not limited to, photo slots or other media; and or attachments.
  6. RAHB will no longer upload auxiliary photos on behalf of the members.

PHOTOS/ IMAGES

  1. Photo/ image means a photograph or sketch relating to a listed property uploaded onto RAHB’s MLS® system.
  2. RAHB will only accept a single clear, quality image for all photo slots.
  3. If a photo/ sketch attached or photo to follow has been selected in the photo field and no photo/ sketch is attached or uploaded for any MLS® listing, within 48 hours of receiving an MLS® number, a $50 fine will be levied to the member.
    Furthermore, if a photo is not uploaded within twenty four (24) hours of receiving the initial $50 photo fine, an additional $100 fine will apply and be charged to the member.
    If a member does not upload a photo within 24 hours of receiving the $100 fine, the listing will be removed from the MLS® system
  4. If a member is using another members’ previous listing photo on a listing without written permission, the photos will be removed, the status will be changed to information withheld until a new photo is provided, and a $50 fine will be levied to the member.
  5. Photos/ images submitted with any overlay of text will not be accepted; with the exception of sketches.
  6. Photos with people and/or their direct image will be subject to review by the MLS® Department; and may be refused or removed. This includes, but is not limited to, photo slots or other media; and or attachments.
  7. RAHB will no longer upload auxiliary photos on behalf of the members.
  8. Photos/ images uploaded to RAHB’s MLS® system will not be accepted if they include embellishments, including but not limited to advertising, marketing as related to the salesperson, broker, or brokerage.
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RAHB REALTORS® Release October Statistics

The REALTORS® Association of Hamilton-Burlington reported 1,035 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in October, 2018.

Please click here to read the full report.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

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RAHB REALTORS® Release September Statistics

The REALTORS® Association of Hamilton-Burlington reported 948 sales were processed through the Multiple Listing Service® (MLS) System within the RAHB market area in September, 2018.

Please click here to read the full report.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

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Reminders: MLS® Rules and Regulations for Immediate Showings

When you place a listing on RAHB’s MLS® System, the property must be available for showings immediately, as per RAHB rule Section 2 – 2.10 (i) and 2.14:

2.10 No Member shall Broker Load or submit an MLS® Listing that contravenes these Rules, the Bylaws of the Association or the code of ethics of RECO. The Association may, in its sole discretion, deem any such MLS® Listing to be invalid. The Association may either remove an MLS® Listing from the Association’s MLS® System or refuse to publish such MLS® Listing, and without limiting the generality of the other provisions contained in these Rules, a Listing shall not be accepted by the Association as an MLS® Listing:

 (i) if it excludes any Member(s) from showing or inspecting the property;

2.14 No MLS® Listing shall appear on the Association’s MLS® System that is not immediately available for inspections, showings and, subject to the provisions of Subsection 2.15, the registration of Offers.

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RAHB REALTORS® Release August Statistics

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,089 residential sales were processed through the RAHB Multiple Listing Service® (MLS®) System in August, 2018, less than one per cent more than the same month last year and 2.9 per cent fewer than the 10-year average for the month.

Please click here to read the full report.

Follow the links below for:

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New Enhancements to OpenHouses.ca!

RAHB is pleased to announce the following enhancements being made to OpenHouses.ca effective Wednesday, September 26:

  • All active listings will be displayed on OpenHouses.ca
  • User account creation, which will allow users (members of the public) to receive notifications of upcoming open houses and give you access to analytics/demographic data related to your listings
  • Favourites section has been updated to show more listings on your screen

These updates have been made to enhance user experience, and to provide you with an additional analytics tool to better understand the local market.

Below are the details of the enhancements:

All Active Listings Displayed on OpenHouses.ca

Previously, OpenHouses.ca displayed only listings with scheduled public open houses.  As open houses are typically held only on weekends, they frequently would not be entered into the system until late in the week.  Often, the site would not display updated content until close to the weekend and so users may not see value in visiting OpenHouses.ca for much of the week.  Adding all listings to OpenHouses.ca changes this.  With all active listings displayed, OpenHouses.ca will always have updated content, and you will benefit from increased visibility of your listings.

Listings with scheduled open houses are differentiated from listings without, and are given priority.

User Account Creation/Open House Notifications

Users of the site will be able to create an OpenHouses.ca account using their Google, Facebook or Twitter account.  With an OpenHouses.ca account, the user will receive notifications of any upcoming open houses on listings they have saved as favourites.  Public users will be able to access and update their notification security settings on an individualized basis.

Analytics/Demographic Data

Every week, OpenHouses.ca will e-mail you a report detailing information regarding users who have saved your listing as a favourite, as well as general performance of your listings on the site.

Below is what will show up in your inbox:

When you click though to the full report, below is what you will see:

Favourites Section Updated

The Favourites section of OpenHouses.ca will be updated to show more listings on your screen.  Favourites will be sorted so listings with upcoming open houses will take priority at the top of the list.  Users will be able to generate driving directions, based on their favourite listings. Directions are plotted on a map, and show the quickest route from one destination to another.

This is how the Favourites section currently appears:

This is how the Favourites section will appear after the update:

As always, if you have any questions, please do not hesitate to contact us at 905.667.4650 or support@rahb.ca.

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New RAHB Stats Package Coming Soon!

RAHB’s monthly stats package will soon 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.

 


The name of the winner of the $25 Tim Horton’s gift card has been drawn, and we will soon announce the members name.

 

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