Milestones – Retirement

The Association would like to recognize members who have recently retired after achieving at least 40 years of consecutive membership. If you know of a member who has achieved 40+ years and has recently retired, please contact Camryn in Membership at camrynh@rahb.ca or 905.529.8101 X251.

Congratulations to Joseph Ott (J. Ott Ltd., Brokerage) on his recent retirement!

RAHB welcomes new members

The REALTORS® Association of Hamilton-Burlington extends a warm welcome to its newest members (August 26 to September 23).

Donna Stevenson
Apex Results Realty Inc. Brokerage

Jenn Rosart
Coldwell Banker-Burnhill Realty Inc., Brokerage

Rebecca Plouffe
Halton Heritage Realty Inc., Brokerage

Julie Ramacieri
Jim Pauls Real Estate Ltd., Brokerage

Olamidele Adebambo
Sara Atkinson
Sabrina Mariani
Leonardo Macaluso
Keller Williams Complete Realty Inc., Brokerage

Shelley Rusnell
Kevin Vincent
Keller Williams Edge Realty Inc., Brokerage

Mary Kennedy
Meagan Anderson
Jenna Vescio
Greg Williams
RE/MAX Escarpment Realty Inc., Brokerage

Mark Budisa
RE/MAX Realty Enterprises, Brokerage

Farah Abid
Right At Home Realty Inc., Brokerage

Jimmy Carter
Mark DeGroot
Royal LePage Burloak Real Estate Services Inc., Brokerage

Nicole Gibson
Louise Gustin
Joel Tavormina
Royal LePage State Realty Inc., Brokerage

Tammy de Sousa
Star Real Estate Ltd., Brokerage

Nina Blacquiere
Sutton Group About Town Realty Inc., Brokerage

Reid Hosie
Your Choice Realty Corp., Brokerage

Distribution of REM magazine

As a member service, RAHB distributes the monthly copies of Real Estate Magazine (REM) to all offices – one printed copy per member in the office.

Lately we have received a number of calls from offices that would prefer that the quantities of this particular distribution be decreased, or cease altogether.

We hope that this means that everyone is still reading this publication, but prefers to keep informed on-line.  So in the interests of taking the next step in the green evolution, we are happy to comply with requests to reduce the number of printed copies.

Any office that would like to adjust the number of copies of REM they received should contact Print Services (sueb@rahb.ca or 905.529.8101 x257) and we will
modify your office record accordingly.

Professional Development for REALTORS®

Master LinkedIn
October 20, 2015, 9 a.m. – Noon
Cost: $99 + HST Early Bird (register prior to October 14); $139 + HST Regular Price after October 14
For more information go to: http://rahb.ca/education/2015/courses/Linkedin102015.pdf

Master Facebook
October 20, 2015, 1 p.m. – 4 p.m.
Cost: $99 + HST Early Bird (register prior to October 14); $139 + HST Regular Price after October 14
For more information go to: http://rahb.ca/education/2015/courses/Facebook102015.pdf

Lunch and Learn – Protecting Your Lifestyle
October 26, 2015, 11 a.m. – 1 p.m.
Cost: Free

Real Estate Errors and Omissions Loss Prevention and Insurance
October 26, 2015, 1:30 p.m. – 3:30 p.m.
Cost: $50 + HST

Ethics and Business Practice
October 27-29, 2015, 9 a.m. – 4:30 p.m. each day
Cost: $595.00 + HST
For more information go to: http://www.rahb.ca/education/2015/courses/EthicsAndBusinessPracticeOct27_29_2015.pdf

Visitable Housing
October 30, 2015, 10 a.m. – Noon
Cost: Free

Master Open House
November 9, 2015, 9 a.m. – Noon
Cost: $99+HST (Early Bird Special), $139+HST
For more information go to: http://www.rahb.ca/education/2015/courses/MasterOpenHouse110915.pdf

iPad Agent
November 9, 2015, 1 p.m. – 4 p.m.
Cost: $99+HST (Early Bird Special), $139+HST
For more information go to: http://www.rahb.ca/education/2015/courses/iPadAgent10915.pdf

SRS – Sellers Representative Specialist
November 23 & 24, 2015, 9 a.m. – 4:30 p.m. each day
Cost: $299.00 + HST
For more information go to: http://www.rahb.ca/education/2015/courses/SRSPackageRAHB.pdf
All sessions held at the RAHB office, McCullough Rooms (lower level). For more information or to register, contact Angela at the RAHB office (angelam@rahb.ca or 905.529.8101 x233).

Realty Shoppe – Magnets!

Popular seasonal item now availablemagnets

2016 Calendar Magnets

3 designs are available to choose from – only while quantities last

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 that your clients will appreciate. Envelope included.

Special features include:
 Calendar begins November/15
 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 (depending on the calendar ordered) and memo lines.
 Canadian holidays indicated.
 A reorder page (for next years’ calendar) for clients to use to contact you
 Emergency and important numbers page

Contact the Realty Shoppe to order yours today!

Monday – 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.

RAHB Area Maps – September

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 1

 

Burlington, 30 – 36, 38

 

 

 

Burl 1

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

Outlying1Outlying 1

Another monthly sales record set in September

(October 6, 2015 – Hamilton, Ontario)  The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,387 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in September.  Sales were 8.2 per cent higher than the same month last year and 25.2 per cent higher than the 10-year average, and were a record for the month of September.

There were 2,134 properties listed in September, an increase of 4.9 per cent compared to September of last year.

“This has been quite the year for breaking monthly and all-time sales records,” said RAHB CEO George O’Neill. “The trend continued last month with record-breaking sales for the month of September.  The real estate market in the Greater Hamilton-Burlington area continues to perform above expectations.”

Seasonally adjusted* sales of residential properties were 7.9 per cent higher than the same month of the previous year, with the average sale price up 8.8 per cent for the month.  Seasonally adjusted numbers of new listings were 4.9 per cent higher than the same month the year prior.

Seasonally adjusted data for residential properties for the month of September, 2015:

Seasonally

Actual overall residential sales of 1,319 units were 7.8 per cent higher than the same month last year.  Residential freehold sales were 8.5 per cent higher than last September while sales in the condominium market increased by 4.7 per cent.

The average price of freehold properties showed an increase of 9.3 per cent compared to the same month the previous year; the average sale price in the condominium market increased by 5.7 per cent when compared to the same period.

The average sale price is based on the total dollar volume of all properties sold by RAHB members.  Average sale price information can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value.

“Over the past few months, much has been made about the increase in average sale price compared to last year, and everyone seems to think the prices just keep going up and up,” noted O’Neill.  “That is true only in comparison to last year.  If you look at the average sale price since February – but not including last month when we had those two multi-million dollar sales which skewed our average sale price – the average sale price has varied by about only $15,000, and it’s been going up and down from month to month.  The average sale price, overall, is actually quite stable.”

The average days on market decreased from 38 to 33 days in the freehold market and from 44 to 35 days in the condominium market when compared to the same month the previous year.

Year to date, sales are 11.1 per cent higher compared to the same period last year; listings are seven per cent higher than last year and the average sale price is 8.7 per cent higher for the period.

Comparison

 Every community in RAHB’s market area has its own localized residential market.  Please refer to the accompanying chart for residential market activity in select areas in RAHB’s jurisdiction.

*Seasonal adjustment removes normal seasonal variations, enabling analysis of monthly changes and fundamental trends in the data.

RAHB Market Activity for SeptemberResidential Market HamResidential Market Bur

New Broker Load policy in effect

The Board of Directors recently approved a change to the policy requiring mandatory training for broker loading.

Effective immediately, mandatory training is no longer required before broker load privileges can be extended to members, office administrators and administrative assistants. Brokers of Record/Managers now need only complete the Broker Load Permission Form to authorize members in their office, office administrators and administrative assistants to broker load. The form must be completed in full and returned to the MLS® department (attention Pam Morton).

The form is available on REALTOR Link® under the Member Services tab. For more information, contact the MLS® department or Corporate Services department.

Dailies and TopSheets discontinued

Dailies and Topsheets were essentially hot sheets used to conveniently access listing data and sales information. RAHB staff manually prepared them on a daily basis.

Dailies and Topsheets were discontinued as of September 25, 2015. Did you know that you can create your own search within Matrix that will allow you to quickly compile that same information? (more…)

RAHB welcomes new members

The REALTORS® Association of Hamilton-Burlington extends a warm welcome to its newest members (July 25 to August 25).

Josh Krywionek
Apex Results Realty Inc., Brokerage

Shawn Doiron
Blair Blanchard Stapleton Ltd., Brokerage


Jonathan Leary

Elliot Goldspink
Mike Merry
Ross Pollock
Wallace Pollock
Justin Bates
Sarah Boonstra
Joe Merrett
CBRE Ltd., Brokerage


Rajvi Solanki

CH Real Estate Corp., Brokerage


Artur Palej

Colangelo Real Estate Ltd., Brokerage


Rupinder Singh Bains

Homelife Professional Realty Inc., Brokerage


Danny Brucculieri
Patricia Lynden
Patricia Mesaglio
Keller Williams Complete Realty Inc., Brokerage


Peter Abarca

Keller Williams Edge Realty Inc., Brokerage


Drew Toth

Kingsway Real Estate Inc., Brokerage


Son Nguyen

Ricky Singh Rathore
Public Choice Realty Inc., Brokerage


Binda Traver

RE/MAX Escarpment Golfi Realty Inc., Brokerage


Rimi Multani

Ghazaleh Rahbar
John David Gambrell
Right At Home Realty Inc., Brokerage


Randy Reynolds

Diane LeMay
Royal LePage Burloak Real Estate Services Inc., Brokerage


Vik Matharu

Royal LePage Macro Realty Inc., Brokerage


Paul Abelha

Farhayel Ali
Royal LePage State Realty Inc., Brokerage


Bruce Dow

Sutton Group About Town Realty Inc., Brokerage


Ken Au

Sutton Group Realty Systems Inc., Brokerage