Eat, drink and be giving!
We are pleased to invite you to our 28th REALTORS®4Kids Charity Auction in support of The Children’s Fund!
To order tickets go to http://bit.ly/R4Kids16
How much do you know about CREA trademarks?
Ethics Corner — How much do you know about CREA trademarks?
(And yes, you should know about CREA trademarks!)
The Canadian Real Estate Association owns the trademarks for the Multiple Listing Service®, MLS® and REALTOR®. These trademarks have value to CREA, and they also have value to all CREA members because they denote special services and standing.
Every REALTOR® should know how to use the terms MLS®, Multiple Listing Service® and REALTOR® correctly. There is a wealth of information about CREA trademarks on the CREA page in REALTOR Link® – just look under Resources and Compliance > Trademarks and Logos > Trademark Resources.
In the meantime, here’s a short video explaining how to use the MLS® trademark correctly:
https://www.youtube.com/watch?v=lrazKXGmWdo
Realty Shoppe – 2017 Calendar Magnets
Popular seasonal item now available!
2017 Calendar Magnets – .45¢ each*
A great way to make your business card readily available to your clients: remove the cover from the adhesive magnet and attach your card. An economical marketing tool your clients will appreciate!
Special features include:
- Calendar begins November 2016
- Removable magnet punch-out reduces mailing cost and makes 2 products out of 1! Use the punch-out as a second business card magnet
- Each page has either a Home Tip/Recipe/Quote and/or Memo lines (depending on the calendar)
- Canadian holidays indicated
- A reorder page (for next year’s calendar) for clients to use to contact you
- 2018 calendar and kitchen conversions page
- Envelope included
6 designs available to choose from – only while available, some titles have limited quantities. Contact the Realty Shoppe to pre-order yours today!
Monday to Friday, 8:30 a.m. – 4:30 p.m.
T.: 905.529.5979 F.: 905.529.7109 E.: realtyshoppe@rahb.ca
* All applicable taxes are extra. Prices subject to change.
Board of Directors – 2017 Nominations
Are you the rockstar we’ve been looking for?
Want to become an industry insider, expand your network and have your voice heard? RAHB is searching for additional members for the Board of Directors and will accept nominations for the 2017 Board on October 5, 2016! To learn about the ins and outs of the nominations process, visit http://bit.ly/RAHBoard, watch your inbox for more details to come!
To be eligible for a seat on the Board of Directors, you must*:
*Complete details about eligibility can be found in RAHB’s Bylaw, Article 6
Professional Development for REALTORS®
All courses will be held in McCullough Room at the RAHB office (lower level). To register, or for more information, contact Angela at 905.529.8101 x 233 or angelam@rahb.ca.
REIC: 2280 – Legal Issues
*(Elective towards REIC Designation, e.g. FRI)
October 18 & 19, 2016, 8:30 a.m. – 4:30 p.m.
Cost: $495+ HST
To register: http://rahb.ca/education/2016/LegalIssuesRE.pdf
SRS – Seller Representative Specialist
October 24 & 25, 2016, 9 a.m. – 4:30 p.m.
Cost: $325+ HST
To register: http://rahb.ca/education/2016/SRSpackageRAHB_Oct24_25.pdf
Price Indexing – New!
October 26, 2016, 9 a.m. – 4:30 p.m.
Cost: $199+ HST
To register: http://rahb.ca/education/2016/PSApackageRAHB_Oct26.pdf
Seven Proven Steps: Corporation
and Tax Planning Strategies – New!
October 27, 2016, 9:30 a.m. – 11:30 a.m.
Cost: Free
Tarion – What You Need to Know
November 3, 2016, 10 a.m. – Noon
Cost: Free
How Money Works
Monday, November 7, 2016
10:30 a.m. — 12:30 p.m.
Cost: Free
To register: http://rahb.ca/education/2016/PDCoct27nov3_7.pdf
The NEW GeoWarehouse
November 1, 2016, 10 a.m. – Noon OR
1 p.m. – 3 p.m.
Cost: Free
Financial Analysis
November 2, 2016, 9:30 a.m. – 12:30 a.m.
Cost: $45+ HST
Safety Course for the Real Estate Professional
November 9, 2016, 9:30 a.m. – 12:30 p.m.
Cost: $45+HST
Master LinkedIn Bootcamp
November 10, 2016, 9 a.m. – Noon
Cost: $79+HST Early Bird (prior to November 3);
$99+HST Regular
To register: http://rahb.ca/education/2016/LinkedIn111016.pdf
Master Facebook Bootcamp
November 10, 2016, 1 p.m. – 4 p.m.
Cost: $79+HST Early Bird (prior to November 3);
$99+HST Regular
To register: http://rahb.ca/education/2016/Facebook111016.pdf
REIC 2600 Ethics in Business Practice
*(Elective towards REIC Designation, e.g. FRI)
November 14 – 16, 2016, 9 a.m. – 4:30 p.m.
Cost: $625+ HST
To register:
http://www.rahb.ca/education/2016/EthicsBusinessPracticeNov14_16.pdf
ABR® Accredited Buyer’s Representative
November 28 & 29, 2016, 9 a.m. – 4:30 p.m.
Cost: $299+ HST
To register: http://www.rahb.ca/education/2016/ABR_Nov28_29.pdf
Professional Development Days at RAHB!
Mark your Calendar: RAHB Open Forums
Attention RAHB members who live and/or work in Grimsby, Dunnville, or Caledonia.
What do you want to talk about?
RAHB will be back on the road this fall with our new Open Forum community meetings (formerly RAHB Town Hall meetings), and we are coming to a location near you. All members are welcome!
Please sign up to attend with your fellow RAHB members and join in the conversation. There will be light refreshments, door prizes, give-aways and more! What a great way to network with your fellow RAHB members, and become more engaged and informed.
There will be a full agenda of updates, and topic suggestions are always welcome. Is there something in particular you want to know? Is there something going on in your community that you want to talk about? Please submit your topics to Nancy at the RAHB office at nancyd@rahb.ca and we’ll do our best to deliver!
To register for an Open Forum, please email Kathy at kathyr@rahb.ca .
RCN Luncheon
Have you heard about the NEW GeoWarhouse?
A message from GeoWarehouse …
For the past year, the GeoWarehouse team has been very busy working on the NEW GeoWarehouse. Hundreds of real estate sales and other land professionals across the province collaborated with us by providing feedback and testing the solution to make sure it efficiently supports your workflow and real estate needs.
We have worked with your Real Estate Board and we are pleased to announce that you now have access to an Early Release version of the NEW GeoWarehouse. This “Early Release” is an in-development version of the NEW GeoWarehouse!
The NEW GeoWarehouse will bring great features to expedite your work-flow, such as:
- Enhanced mapping and search capabilities
- Improved comparables and sales parameters
- New property report
- PDF generator capabilities for easy printing, saving and sharing
- …and much more!
– The GeoWarehouse Customer Experience Team
GeoWarehouse wants YOU to access the NEW GeoWarehouse, and let them know what you think about it. Use the NEW GeoWarehouse link at the top of the page in GeoWarehouse to access the site. If you need help, check out the User Guide here, or the Frequently Asked Questions here. For additional information or to pass on your comments, contact GeoWarehouse at GeoWarehouse.News@Teranet.ca
RAHB will be offering a Professional Development workshop on the NEW GeoWarehouse on November 1 – there will be two sessions. Watch for more info!
Pre-Emptive (Bully) Offers: Know the Rules!
What are pre-emptive offers?
Pre-emptive (or bully) offers come into play when offers are only being considered at a certain date and time at the request of the Seller. The Seller signs a Direction re: No Offer Presentations form and those instructions are included in the Remarks section of the listing (look for phrases along the lines of No offers until (date/time) or No offers until (date/time) but the Seller will review/accept pre-emptive offers). When a listing has instructions noted to hold offers, and a Buyer insists on presenting an offer anyway, that is called a pre-emptive (or bully) offer.
What happens when there’s a pre-emptive offer?
If you are the listing salesperson or broker, according to REBBA 2002 you must follow your Seller’s instructions. [Code of Ethics s.24 Conveying Offers -24.(1) & 24. (4)] If you have written instructions from your Seller for “no offers”, you cannot present any offers, and pre-emptive offers are no exception.
If your seller changes their mind and wants to review pre-emptive offers, you must make sure that you follow Article 2, Section 2.15 of RAHB’s MLS® Rules and Regulations.
If your seller has said “no offers until (date/time)” and then changes his or her mind and wants to review offers prior to the presentation date, or has already instructed you that they will review an offer before the presentation date, then you have an obligation to present the offer. But – and this is important – you must make sure that within a timely manner you follow Article 2, Section 2.15 of RAHB’s MLS® Rules and Regulations:
1.Have the Seller sign an Amendment to Listing Agreement and update the listing information to reflect that offers can now be presented.
2. Contact (by telephone) all co-operating brokerages that have requested and/or already registered an offer presentation. Let them know that offers can now be presented, and arrange offer presentations.
What if I have a buyer that wants to put in a pre-emptive offer?
If you are a salesperson or broker representing a Buyer and he or she insists on writing a pre-emptive offer, you will have to advise them that their offer cannot be immediately presented if the Seller’s instructions are “no offers until (date/time)”. Let them know that the Seller may also change his or her mind, and if/when this happens the REALTOR® representing the Seller will be obligated to inform you, and all other parties that have facilitated showings or have registered offers, that the Seller will now be reviewing offers.
New “Pick” in Fusion
CoreLogic has added a new “pick” called Modular Homes to the Type of Dwelling field in Fusion. You will see it when you enter your Residential or Farm listing.
This addition was made to differentiate modular homes from mobile homes. The field will not appear on our current listing form, but is visible in Fusion when you broker load your listing.
For those of you searching for modular homes, you will be able to specify this in the Type field. For those of you who have active listings that are Modular homes, please edit the Type to indicate Modular. If you have auto email set up for clients who are looking for Modular, be sure to edit the search parameters so that they receive this residential or farm house type in their notifications.
Contact the MLS® department if you have any questions – 905.667.4650.
“Coming Soon” to MLS®?
Q. Can you put up your sign with a “Coming Soon” sticker when you’ve had a listing agreement signed, but the listing isn’t really in effect yet?
A. The short answer is “no”, you cannot use a “Coming Soon” sticker on an MLS® sign. RAHB’s MLS® Rules and Regulations specifically prohibit placing a sign of any sort on a property until the commencement date of the listing:
Article 10
10.05 No marketing of any property, including placing a sign on any property, is permitted until the commencement date of the Listing Agreement pertaining to such property.
If you can’t place a sign, you cannot place a “coming soon” sticker – it’s still an advertisement of a property which hasn’t actually come into effect yet.
Q. Are there any circumstances under which you could use a “Coming Soon” sign or sticker?
A. RECO has issued guidelines about what is required if you use a “Coming Soon” sticker or sign, but notes that if your association has a rules against using “Coming Soon” you have to abide by those rules.
You should note, however, that RAHB’s MLS® rules apply to MLS® listings. They do not apply to exclusive listings. If you have an exclusive listing that is “coming soon” and your sign meets all of RECO’s requirements, then you may use “Coming Soon”.
If you have any questions about the rules surrounding “Coming Soon” signs or stickers, please contact Angela at 905.529.8101 or angelam@rahb.ca.