Ethics Corner – What would you do?

Sophie Salesperson got off the phone after a heated conversation with Mary, who was new to the real estate business and worked for a different Brokerage.  Sophie had been dealing with Mary over the last several weeks and they just did not see eye to eye.  Mary had proven to be very aggressive when things did not go her way, and seemed determined that Sophie was now her enemy. (more…)

Member Services

Online-ShoppeHave you discovered RAHB’s online Realty Shoppe yet?

Use the link in the Single Sign On (http://rahb.starrs.ca) or in Smart Links in Fusion to browse Realty Shoppe merchandise or shop online!

Pay for your order using Visa, MasterCard or American Express, then pick up your merchandise at the Realty Shoppe or have it delivered to your office if your office is on a regular RAHB delivery route.

For further information, contact the Realty Shoppe at 905.529.5979.

 

Tax Rates

Looking for municipal tax rates?  Links to municipal tax information are now located in Fusion – go to “Resource Links” and scroll down to “Local Tax Information Links”.

Tax Rates in Fusion

From the Board Table

At their June meeting, the Board of Directors made a number of decisions:

  • following review of the feedback from the General Membership Meeting, the Board tabled the implementation of the Home Price Index pending further consultation with members.
  • the Board approved a comprehensive membership survey that will take place in September.  Members will receive more information closer to the date.
  • the Board appointed two members to sit as Governors on the new Ontario Regional MLS® service: the current MLS® Committee Chair, Sean Morrison, and Dan Gies.
  • The Board approved a $32,250 donation to the REALTORS Care® Foundation, to be presented at the Motorcycle Ride for Charity
    on July 9.

Mark YOUR Calendar

Professional Development
Held at RAHB – 505 York Blvd. – Lower Level
C – Chambers Room          M – McCullough Room

  • Fusion Level 1
    Tuesday, July 8 – C, 9 a.m. – noon
    Tuesday, July 22 – C, 9 a.m. – noon
    Wednesday, August 6 – C, 9 a.m. – noon
    Tuesday, August 19 – C, 9 a.m. – noon
  • Broker Load
    Thursday, July 17 – C, 9:30 a.m. – 11:30 a.m.
    Thursday, August 7 – C, 9:30 a.m. – 11:30 a.m.
    Thursday, August 14 – C, 9:30 a.m. – 11:30 a.m.
  • CMA
    Tuesday, July 29 – C, 9:30 a.m. – 11:30 a.m.
  • New Member Orientation (by invitation only)
    Friday, August 8 – M, 9 a.m. – 1 p.m.
  • Professional Development Days  (formerly Education Week)
    Tuesday, October 7 – Thursday, October 9 – M

To register for above courses, email Angela at angelam@rahb.ca or call 905.529.8101 x233

 

Articling Course

  • Real Property Law – M, 8:15 a.m. – 4:15 p.m.
    Wednesday, August 13 – Friday, August 15
    Wednesday, August 20 – Friday, August 22NOTE:  Register with OREA – 1.866.411.OREA

 

Board of Directors, Committee and Task Force Meetings
Held at RAHB – 505 York Blvd. – First Floor
T – Thompson Room          P – Purnell Room

  • Governance
    Wednesday, July 23 – T, 9:30 a.m.
  • Nomination
    Thursday, July 24 – T, 10 a.m.
  • Charity Auction
    Wednesday, July 30 – T, 1:30 p.m.
  • Finance
    Wednesday, August 13 – T, 9 a.m.

 

Upcoming Events

  • RAHB Charity Auction & Social
    Thursday, November 20 –  Doors open at 6 p.m.
    Michelangelo Events & Conference Centre, 1555 Upper Ottawa, Hamilton

 

RAHB Office Closures
Monday, August 4 for Civic Holiday
Monday, September 1 for Labour Day
Monday, October 13 for Thanksgiving Day

Realty Shoppe

NEW!  Limited quantities – shop early for best selection!

Shoppe1REALTOR® Canvas Bag

Bag is 14.25″ h x 20″ w x 3″ d with a zippered main compartment.
Features the REALTOR® logo in white on one side

$14.05 ea.*

 

 

 

Shoppe2REALTOR® Rally Drawstring Backpack

Large main compartment with cinch top. Drawstring design for over-the-shoulder or backpack carry.
100% recyclable, hand washable, air permeable and fire resistant. A smart alternative to throw-away bags.
Dimensions 17.5″ h x 13.5″ w x 0.25″ l

$8.15 ea.*

 

 

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Realty Shoppe Customer Appreciation Draw

RAHB members who make a purchase, in person, before July 30th, are eligible to enter their business card to win two tickets to Canada’s Wonderland (good for any one day of the 2014 season).

Drop by the Shoppe and enter today!

________________________________________

Did you know? 

The Shoppe sells DISCOUNTED attraction tickets to Canada’s Wonderland and African Lion Safari for personal use and client gifts:

Please call ahead to confirm availability.  Purchase in person FINAL SALE – no refunds or exchanges

 

 

* All applicable taxes are extra.  Prices subject to change.

_____________________________________________

Monday – Friday, 8:30 a.m. – 4:30 p.m.

T.:  905.529.5979   F.:  905.529.7109   E.:  realtyshoppe@rahb.ca

Online-Shoppe

 

RAHB Professional Development Days

October 7 – 9, 2014

RAHB members only – Register before
September 5, 2014 – FREE

After September 5, – $25 + HST/course
Non-members – $45 + HST/course

  • Keep up to date and learn new skills
  • Network
  • Register for one or several sessions
  • Earn free credits

Course selections:

Online Privacy and Security – Kathy Holgeveen – 3 CEs
Door Knocking and Cold Calling – How Passé – Amie Ferris – 3 CEs
Grow Your Business with Email and Social Media – Mark Brodsky – 2 CEs
• Social Media Marketing Made Simple – Mark Brodsky – 1 CE
FINTRAC/PCMLTFA – Cassandra Agnew-Walker – 3 CEs
Review of Retrofit – Robert Simpson, Fire Prevention Officer – 3 CEs
Mould – Richard Merkley – 2 CEs

Check out the Professional Development Days booklet and register now! For more information, contact Angela at 905.529.8101 x 233 or angelam@rahb.ca

Listings and Sales Up But Inventory Still Low

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1572 property sales were processed through the RAHB Multiple Listing Service® (MLS®) system in June.  This represents a 15.6 per cent increase in sales compared to June of last year.

There were 2215 properties listed in June, an increase of 11.5 per cent over the same month last year.  End-of-month listing inventory was five per cent lower than last year at the same time.

“June’s sales were good by any measure,” said RAHB CEO Ross Godsoe. “They were not only up over last year, but were 10 per cent higher than the average for the month.”

Seasonally adjusted* sales of residential properties were 7.6 per cent higher than the same month last year, with the average sale price up 4.8 per cent for the month.  Seasonally adjusted numbers of new listings were 8.2 per cent higher than the same month last year.

Seasonally adjusted data for residential properties for the month of June, 2014:

Seasonally Adjusted

 

Actual overall residential sales were 16.7 per cent higher than the previous year at the same time.  Residential freehold sales were 15.5 per cent higher than last year while the condominium market saw an increase of 22.1 per cent in sales.  The average price of freehold properties showed an increase of five per cent compared to the same month last year; the average sale price in the condominium market increased 4.6 per cent when compared to the same period last year.

The average sale price is based on the total dollar volume of all properties sold in the RAHB market area.  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.

“We’ve seen more listings come on the market over the last two months, which gives buyers more options,” added Godsoe.  “That doesn’t seem to be translating into a more balanced market, however; we are still seeing a fairly high sales-to-listing ratio, which indicates the seller’s market is continuing in our market area.”

The average days on the market decreased from 37 to 35 days in the freehold market and from 46 to 37 days in the condominium market.

Year to date, listings are almost two per cent higher than the same January-to-June period a year ago.  Sales are 4.5 per cent higher and the average sale price is five per cent higher for the period.

Comparison chart

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.

RAHB Market Activity for June

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