RAHB Area Maps – August 2013
Average price by district for Burlington, Hamilton and Outlying RAHB jurisdictional areas for August 2013. (#) Residential Unit Sales. (more…)
Average price by district for Burlington, Hamilton and Outlying RAHB jurisdictional areas for August 2013. (#) Residential Unit Sales. (more…)
COMING SOON!
RAHB is in the final stages of developing an online catalogue of Realty Shoppe inventory so members can make their purchases online. Watch for more details!
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Popular seasonal item arriving soon!
2014 Calendar Magnets
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 receiving.
Special features include:
Six designs will be available to choose from – while quantities last
Call the Realty Shoppe at 905.529.5979 to order yours today!
Although the Realty Shoppe is available through the RAHB switchboard, members are asked to please use the Shoppe direct phone line at 905.529.5979 (direct fax: 905.529.7109).
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Monday – Friday, 8:30 a.m. to 4:30 p.m.
T: 905.529.5979
F: 905.529.7109
E: realtyshoppe@rahb.ca
The Fourth House
(scenario from Introducing REBBA 2002: The Real Estate and Business Brokers Act 2001, published by RECO. Reprinted with permission.)
The buyer signs a buyer representation agreement including specifics as to the type of property wanted, namely a two-storey residential home in the $425,000 to $500,000 range in the West Ridge area of Anycity. The salesperson locates four listed properties meeting those specifications, three of which offer co-operating brokerages a commission ranging from 2.5% to 3%. The fourth is attractively priced, offers the same amenities but with a lower commission of 1.5% to the co-operating brokerage. The salesperson shows the three properties only and obtains an acceptable offer. Prior to closing, the buyer discovers that the fourth house was deliberately withheld and lodges a complaint with RECO. Disciplinary action is subsequently taken against the registrant.
Article 19 REBBA 2002
19. If a brokerage has entered into a representation agreement with a buyer, a broker or salesperson who acts on behalf of the buyer pursuant to the agreement shall inform the buyer of properties that meet the buyers criteria without having any regard to the amount of commission or other remuneration, if any, to which the brokerage might be entitled.
Members are reminded that they have a duty to their buyer client to show their buyer all properties that meet their requirements, even though it might mean a lower commission.
Results are In!
Thanks to the support of golfers and sponsors, RAHB’s Annual Charity Golf Tournament on June 27, 2013 raised $14, 750 for the Karan Barker Memorial Scholarship Fund and the Home Ownership Affordability Partnership (HOAP).
The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1203 properties sold through the RAHB Multiple Listing Service® (MLS®) in August. This represents an 8.8 per cent increase in the number of sales over August of last year. The average sale price of $383,561 was an increase of five per cent over the previous August. (more…)
The RAHB Young Professionals Network (YPN) will hold their first event during Education Week, on Tuesday, October 1, 2013. The event will consist of two free, non-credit information sessions in which you will be encouraged to participate. The first session will cover technology and social media for the real estate professional and the second will offer success strategies from a life/business coach. (more…)
As a result of feedback from members and FINTRAC, CREA has updated its risk assessment form to make it easier for brokerages to comply with their obligations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations (Regulations). The Regulations require brokerages assess and document their threats and vulnerabilities to money laundering and terrorist financing at least once every two years. (more…)
A Conversation with the RAHB President and CEO (more…)
The REALTORS® Association of Hamilton-Burlington would like to extend a warm welcome to the newest members. (more…)
In 2012, the City of Burlington was ranked #2 in Money Sense magazine’s “Canada’s best places to live” list. (more…)