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RAHB REALTORS® RELEASE JUNE 2020 MARKET STATISTICS

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,304 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in June 2020. Sales are up 53 per cent over last month, and are down only 0.2 per cent over June of last year. The average price for residential properties was $675,223, which is up 13.7 per cent from June 2019, and up 3 per cent from last month.

*The news release will be posted to www.rahb.ca/market-stats/ on Friday, July 3.*

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

Welcome New Members!

We extend a warm welcome to RAHB’s newest members who joined our association between June 1 – June 30, 2020!

Jennifer D’Amico
Coldwell Banker Community Professionals

James Hand
EXP Realty of Canada Inc.

Mayvon Wassel
Homelife Professionals Realty Inc.

Asen Nawaz
Homelife/Response Realty Inc.

Nayyer Iqbal
IPRO Realty Ltd.

Aaron Weiss
Keller Williams Edge Realty

Aroon Gill
Matt Miller
Tonmoy Paul
Keller Williams Complete Realty

Amanpreet Kaur
LEADEX  Realty Inc.

Robin Gleadall
Vicki Smith
Judy Marsales Real Estate Ltd.

Aimee Augustine
RE/MAX Escarpment Augustine Realty

M  Al Kendi
RE/MAX Real Estate Centre Inc.

Victoria McDowell
Right At Home Realty

Kim MacKay
Royal LePage Real Estate Services

Henryk Iwicki
Sutton Group Realty Systems

Mary Kraus
Zolo Realty Inc.

Update from The Personal

The Personal will be offering a widespread refund to their auto insurance clients. The Personal will give back to its client between 25% and 40% of the premium that they pay for one month, depending on the reality of each province, for a total amount up to $28 Million collectively. Furthermore, the great news is that no action is required to receive the refund – clients will automatically receive it through their usual payment method. Over the next few weeks, all eligible insured clients will be informed, by email, of the amount that they will receive.

Lock Boxes – 130 Wellington Street North

There are several lock boxes attached to the railing in front of 130 Wellington Street North that have been there for over a year.

We have been asked to inform RAHB REALTORS® who may have lock boxes at this location that they will be cut off in five days.

Changes with TRREB Interboard Fees and New Subscriber Category

TRREB has announced a new price structure for interboard listing entries and edits. The following new pricing will be introduced effective July 1, 2020:

1.         Interboard listing fee: $90 per new listing;

2.         Edits to existing interboard listings: $25 per edit.

In addition, TRREB is withdrawing from the UDSA program as of June 30, 2020. To that end, TRREB will be announcing a new non-TRREB Member subscriber category in the coming weeks.

If you have any questions about interboarding, please contact Pam in the RAHB office at pamm@rahb.ca.

If you have any questions about subscriber access, please contact Camryn in the RAHB office at camrynh@rahb.ca.

Canada Day Closure

Just a reminder that the remote RAHB office will be closed Wednesday, July 1 for the Canada Day Holiday.

Marketing Package: Senior’s Month 2020

Throughout the month of June, we invite RAHB members to share the Senior’s Month resources that could be beneficial to your client, potential clients and the general public.

Here you will find graphics and captions that are to be shared on social media. The themes are as follows:

The impact of this awareness campaign will only be as powerful as the strength of our social media presence — please share!

You can automatically download all the graphics by clicking the button below:

Independence: June 8 -1 2

How to share on social media:

To share the various resources, please download the social media graphic by clicking on it and then right clicking and select “save image as” to download the graphic to your computer.

Below each graphic are sample social media messages that are tailored for each of RAHB’s four main communities. Please cut and paste these messages directly into your social media channel, and post the accompanying graphic.

Independence – Hamilton Resources

Please copy the below message and paste it to your social media channel for Hamilton resources – and include the graphic.

For Twitter:

The natural effects of aging can make independent living more complicated than it once was; however, it’s essential to understand the importance of autonomy in senior living. For resources w/in #HamOnt #Hamilton, visit www.rahb.ca/independence-in-hamilton/ #SeniorsMonth #RAHB

For Instagram, Facebook and LinkedIn:

The natural effects of aging can make independent living more complicated than it once was; however, it is essential to understand the importance of autonomy in senior living. For resources within #HamOnt #Hamilton, please visit the #RAHB website at www.rahb.ca/independence-in-hamilton/. #Seniors #RealEstate #REALTORS

Independence – Burlington Resources

Please copy the below message and paste it to your social media channel for Burlington resources – and include the graphic.

For Twitter:

The natural effects of aging can make independent living more complicated than it once was; however, it’s essential to understand the importance of autonomy in senior living. For resources w/in #BurlON #Burlington, visit www.rahb.ca/affordability-in-burlington/ #SeniorsMonth #RAHB

For Instagram, Facebook and LinkedIn:

The natural effects of aging can make independent living more complicated than it once was; however, it’s essential to understand the importance of autonomy in senior living. For resources within #BurlON #Burlington, please visit the #RAHB website at www.rahb.ca/affordability-in-burlington/. #RAHB #REALTORS #RealEstate

Independence – Niagara North Resources

Please copy the below message and paste it to your social media channel for Niagara North resources – and include the graphic.

For Twitter:

The effects of aging can make independent living more complicated than it once was; but it’s essential to understand the importance of autonomy in senior living. For resources w/in #Niagara, visit www.rahb.ca/affordability-in-burlington/ #SeniorsMonth #RAHB #Grimsby #WestLincoln #Smithville

For Instagram, Facebook and LinkedIn:

The natural effects of aging can make independent living more complicated than it once was; however, it’s essential to understand the importance of autonomy in senior living. For resources within #Niagara, please visit www.rahb.ca/independence-in-niagara-north/. #RAHB #Grimsby #WestLincoln #Smithville #RealEstate #REALTORS #Seniors

Independence – Haldimand County Resources

Please copy the below message and paste it to your social media channel for Haldimand County resources – and include the graphic.

For Twitter:

The effects of aging can make independent living more complicated; however, it’s essential to understand the importance of autonomy in senior living. For resources w/in #Haldimand, visit www.rahb.ca/independence-in-haldimand-county/ #SeniorsMonth #RAHB #Caledonia #Hagersville #Dunnville

For Instagram, Facebook and LinkedIn:

The natural effects of ageing can make independent living more complicated than it once was; however, it is essential to understand the importance of autonomy in senior living. For resources within #Haldimand, please visit www.rahb.ca/independence-in-haldimand-county/. #RAHB #Caledonia #Hagersville #Dunnville #Seniors #RealEstate #REALTORS

Independence – Federal Resources

Please copy the below message and paste it to your social media channel for federal resources – and include the graphic.

For Twitter:

The effects of ageing can make independent living more complicated than it once was; however, it’s essential to understand the importance of autonomy in senior living. For resources from the federal govt, visit www.rahb.ca/independence-by-the-federal-government/ #SeniorsMonth #RAHB #Canada

For Instagram, Facebook and LinkedIn:

The natural effects of ageing can make independent living more complicated than it once was; however, it’s essential to understand the importance of autonomy in senior living. For resources from the federal government, visit www.rahb.ca/independence-by-the-federal-government/. #SeniorsMonth #RAHB #Canada #Seniors #RealEstate #REALTORS

Independence – Provincial Resources

Please copy the below message and paste it to your social media channel for provincial resources – and include the graphic.

For Twitter:

The natural effects of aging can make independent living more complicated than it once was; however, it’s essential to understand the importance of autonomy in senior living. For resources from the prov govt, visit www.rahb.ca/independence-by-the-provincial-government/ #SeniorsMonth #RAHB #Ontario

For Instagram, Facebook and LinkedIn:

The natural effects of ageing can make independent living more complicated than it once was; however, it’s essential to understand the importance of autonomy in senior living. For resources from the provincial government, visit www.rahb.ca/independence-by-the-provincial-government/ #SeniorsMonth #RAHB #Ontario #RealEstate #REALTORS #Seniors

Safety: June 15 – 19

How to share on social media:

To share the various resources, please download the social media graphic by clicking on it and then right clicking and select “save image as” to download the graphic to your computer.

Below each graphic are sample social media messages that are tailored for each of RAHB’s four main communities. Please cut and paste these messages directly into your social media channel, and post the accompanying graphic.

Safety – Hamilton Resources

Please copy the below message and paste it to your social media channel for Hamilton resources – and include the graphic.

For Twitter

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For resources within #HamOnt #Hamilton, please visit the #RAHB website by visiting https://www.rahb.ca/safety-in-hamilton/. #SeniorsMonth

This message is compatible with Instagram, Facebook and LinkedIn:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For resources within #HamOnt #Hamilton, please visit the #RAHB website by visiting https://www.rahb.ca/safety-in-hamilton/ #SeniorsMonth #Seniors #RealEstate #REALTORS

Safety – Burlington Resources

Please copy the below message and paste it to your social media channel for Burlington resources – and include the graphic.

For Twitter

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For resources within #BurlON #Burlington, please visit the #RAHB website by visiting https://www.rahb.ca/safety-in-burlington/ #SeniorsMonth 

This message is compatible with Instagram:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For resources within #BurlOn #Burlington, please visit the #RAHB website by visiting https://www.rahb.ca/safety-in-burlington/ #SeniorsMonth #Seniors #RealEstate #REALTORS

Safety – Niagara North Resources

Please copy the below message and paste it to your social media channel for Niagara North resources – and include the graphic.

For Twitter

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For resources within #Niagara, please visit the #RAHB website by visiting visiting https://www.rahb.ca/safety-in-niagara-north/ #SeniorsMonth 

For Instagram, Facebook and LinkedIn:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For resources within #Niagara, please visit the #RAHB website by visiting https://www.rahb.ca/safety-in-niagara-north/ #SeniorsMonth #SeniorsMonth #Seniors #RealEstate #REALTORS

Safety – Haldimand County Resources

Please copy the below message and paste it to your social media channel for Haldimand County resources – and include the graphic.

For Twitter:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For resources within #HaldimandCounty, please visit the #RAHB website by by visiting https://www.rahb.ca/safety-in-haldimand-county/ #SeniorsMonth 

For Instagram, Facebook and LinkedIn:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For resources within #HaldimandCounty, please visit the #RAHB website by visiting https://www.rahb.ca/safety-in-haldimand-county/ #SeniorsMonth #Seniors #RealEstate #REALTORS #Caledonia #Hagersville #Dunnville

Safety – Federal Resources

Please copy the below message and paste it to your social media channel for federal resources – and include the graphic.

For Twitter:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For federal government resources, please visit the #RAHB website by by visiting https://www.rahb.ca/safety-by-the-federal-government/ #SeniorsMonth #Canada

For Instagram, Facebook and LinkedIn:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For federal government resources, please visit the #RAHB website by visiting https://www.rahb.ca/safety-by-the-federal-government/ #SeniorsMonth #Seniors #RealEstate #REALTORS #Canada

Safety – Provincial Resources

Please copy the below message and paste it to your social media channel for provincial resources – and include the graphic.

For Twitter:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For provincial government resources, please visit the #RAHB website by visiting https://www.rahb.ca/safety-by-the-provincial-government/ #SeniorsMonth #Ontario

For Instagram, Facebook and LinkedIn:

There is no place like home, and sometimes it seems like there is no place safer; however, the house is where many common injuries occur like falling. For provincial government resources, please visit the #RAHB website by visiting https://www.rahb.ca/safety-by-the-provincial-government/. #SeniorsMonth #Seniors #RealEstate #REALTORS #Ontario

Affordability: June 22 – 26

How to share on social media:

To share the various resources, please download the social media graphic by clicking on it and then right clicking and select “save image as” to download the graphic to your computer.

Below each graphic are sample social media messages that are tailored for each of RAHB’s four main communities. Please cut and paste these messages directly into your social media channel, and post the accompanying graphic.

Affordability – Hamilton Resources

Please copy the below message and paste it to your social media channel for Hamilton resources – and include the graphic.

For Twitter:

Sadly, the home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable b/c of income constraints. For resources within #HamOn #Hamilton, please visit the #RAHB website by visiting https://www.rahb.ca/hamilton/ #SeniorsMonth

For Instagram, Facebook and LinkedIn:

Unfortunately, the home sweet home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable because of income constraints. For resources within #HamOnt #Hamilton, please visit the #RAHB website at https://www.rahb.ca/hamilton/ #SeniorsMonth #Seniors #RealEstate #REALTORS

Affordability – Burlington Resources

Please copy the below message and paste it to your social media channel for Burlington resources – and include the graphic.

For Twitter:

Sadly, the home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable b/c of income constraints. For resources within #BurlON #Burlington, please visit the #RAHB website by visiting https://www.rahb.ca/burlington/ #SeniorsMonth

For Instagram, Facebook and LinkedIn:

Unfortunately, the home sweet home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable because of income constraints. For resources within #BurlON #Burlington, please visit the #RAHB website at https://www.rahb.ca/burlington/ #SeniorsMonth #Seniors #RealEstate #REALTORS

Affordability – Niagara North Resources

Please copy the below message and paste it to your social media channel for Niagara North resources – and include the graphic.

For Twitter:

Sadly, the home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable b/c of income constraints. For resources within #Niagara, please visit the #RAHB website by visiting https://www.rahb.ca/niagara-north/ #SeniorsMonth

For Instagram, Facebook and LinkedIn:

Unfortunately, the home sweet home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable because of income constraints. For resources within #Niagara, please visit the #RAHB website at https://www.rahb.ca/niagara-north/ #SeniorsMonth #Seniors #RealEstate #REALTORS

Affordability – Haldimand County Resources

Please copy the below message and paste it to your social media channel for Haldimand County resources – and include the graphic.

For Twitter:

Sadly, the home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable b/c of income constraints. For resources within #HaldimandCounty, please visit the #RAHB website by visiting https://www.rahb.ca/haldimand-county/ #SeniorsMonth

For Instagram, Facebook and LinkedIn:

Unfortunately, the home sweet home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable because of income constraints. For resources within #HaldimandCounty, please visit the #RAHB website at https://www.rahb.ca/haldimand-county/ #SeniorsMonth #Seniors #RealEstate #REALTORS #Caledonia #Hagersville #Dunnville

Affordability – Federal Resources

Please copy the below message and paste it to your social media channel for federal resources – and include the graphic.

For Twitter:

Sadly, the home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable b/c of income constraints. For resources from the federal government, please visit the #RAHB website by visiting https://www.rahb.ca/affordability-by-the-federal-government/ #SeniorsMonth

For Instagram, Facebook and LinkedIn:

Unfortunately, the home sweet home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable because of income constraints. For federal government resources, please visit the #RAHB website at https://www.rahb.ca/affordability-by-the-federal-government/ #SeniorsMonth #Seniors #RealEstate #REALTORS #Canada

Affordability – Provincial Resources

Please copy the below message and paste it to your social media channel for provincial resources – and include the graphic.

For Twitter:

Sadly, the home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable b/c of income constraints. For resources from the provincial government, please visit the #RAHB website by visiting https://www.rahb.ca/affordability-by-the-provincial-government/ #SeniorsMonth

This message is compatible with Instagram:

Unfortunately, the home sweet home comes at a cost that may become unmanageable for seniors. Seniors who wish to stay in their home become unable because of income constraints. For provincial government resources, please visit the #RAHB website by visiting https://www.rahb.ca/affordability-by-the-provincial-government/ #SeniorsMonth #Seniors #RealEstate #REALTORS #Ontario

Reverse Mortgages: Affordability Highlight

How to share on social media:

To share the various resources, please download the social media graphic by clicking on it and then right clicking and select “save image as” to download the graphic to your computer.

Below each graphic are sample social media messages. Please cut and paste these messages directly into your social media channel, and post the accompanying graphic.

Affordability: Reverse Mortgage vs. HELOC

Please copy the below message and paste it to your social media channel for reverse mortgages information – and include the graphic.

For Twitter:

What is the difference between a reverse mortgage and a HELOC? Do they provide the same benefits with the same amount of risk? The short answer is NO. For more information on reverse mortgages, please visit the #RAHB website by visiting https://www.rahb.ca/reverse-mortgages/ #SeniorsMonth

For Instagram, Facebook and LinkedIn:

What is the difference between a reverse mortgage and a HELOC? Do they provide the same benefits with the same amount of risk? The short answer is NO. For more information on reverse mortgages, please visit the #RAHB website by visiting https://www.rahb.ca/reverse-mortgages/ #SeniorsMonth #Seniors #RealEstate #REALTORS

Affordability: Disadvantages of a Reverse Mortgage

Please copy the below message and paste it to your social media channel for reverse mortgages information – and include the graphic.

For Twitter:

Reverse mortgages are predatory with many disadvantages. Other options to consider are a HELOC, create rental income by renting a portion of the home or selling/downsizing. For more information on reverse mortgages, please visit the #RAHB website by visiting https://www.rahb.ca/reverse-mortgages/ #SeniorsMonth

For Instagram, Facebook and LinkedIn:

Reverse mortgages are predatory with many disadvantages. Other options to consider are a HELOC, create rental income by renting a portion of the home or selling/downsizing. For more information on reverse mortgages, please visit the #RAHB website by visiting https://www.rahb.ca/reverse-mortgages/ #SeniorsMonth #Seniors #RealEstate #REALTORS

Effects of Senior Housing: June 29 to August 3

How to share on social media:

To share this resource, please download the social media graphic by clicking on it and then right clicking and select “save image as” to download the graphic to your computer.

Below the graphic is a sample social media message. Please cut and paste this message directly into your social media channel, and post the accompanying graphic.

Effects of Senior Housing

Please copy the below message and paste it to your social media channel for effects of senior housing resources – and include the graphic.

For Twitter:

Supporting senior housing will not just help seniors, but will have positive net effects on the entire population. For resources within #HamOnt #BurlON #Niagara #HaldimandCounty, please visit the #RAHB website by visiting https://www.rahb.ca/effects-of-senior-housing-support/ #SeniorsMonth 

For Instagram, Facebook and LinkedIn:

Supporting senior housing will not just help seniors, but will have positive net effects on the entire population. For resources within #HamOnt #BurlON #Niagara #HaldimandCounty, please visit the #RAHB website by visiting https://www.rahb.ca/effects-of-senior-housing-support/ #SeniorsMonth #Seniors #RealEstate #REALTORS

Regional Re-Opening & Stage 2

On June 8, Premier Ford announced that the Province will increase the social gathering limit from five to 10 people, and all places of worship will be allowed to open and operate at 30 per cent capacity, as of Friday, June 12 at 12:01 a.m. Physical distancing measures of 2 metres are still in effect.

Additionally, Premier Ford announced the Province’s regional reopening plan for Ontario. Most of the province will move into Stage 2 on Friday, June 12, with the exception of communities in the Golden Horseshoe (Halton Region, Hamilton, Niagara Region, Durham Region, York Region, Peel Region and Toronto), Haldimand-Norfolk and border communities in Windsor-Essex and Lambton.

What Can Open in Stage Two

For more information on places that can open in Stage 2, with limitations and physical distancing measures, please click the button below:

Ban on Commercial Evictions

Premier Ford also announced, as of June 3, that he has ordered legislation to ban all commercial evictions for those who qualify for the commercial rent relief program. The ban will last until August 31, 2020.

Independence in Senior Living

The natural effects of ageing can sometimes make independent living more complicated than it once was. While some barriers to independence in ageing are inevitable, it is essential to take the time to understand the importance of autonomy in senior living and look for ways to increase opportunities for independent living.

To access the resources for independence in senior living, please click the button below:

There are many options available that are focused on allowing for greater autonomy for seniors during the ageing process.

CMHC Announces Changes to Policy for Insured Mortgages

In order to protect future home buyers and reduce risk, CMHC is changing its underwriting policies for insured mortgages.

Effective July 1, the following changes will apply for new applications for homeowner transactional and portfolio mortgage insurance:

  • Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to our standard requirements of 35/42;
  • Establish minimum credit score of 680 for at least one borrower; and
  • Non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes.

Under the changes effective July 1, CMHC will also no longer treat non-traditional sources of down payment funding, such as a personal unsecured line of credit, as equity for insurance purposes. Additionally, the CMHC will be suspending refinancing for multi-unit mortgage insurance except when the funds are used for repairs or reinvestment in housing.

For more information, please click the button below:

June is Senior’s Month

June is senior’s month!

At RAHB, we believe that seniors are both a vital member of the community and the real estate market. Over the next three weeks, we will be releasing information on resources that are available for seniors and their family. Each week, the resources will focus on a specific theme that seniors are primarily concerned with when looking to either stay in their home or search for other out of home options: independence, safety, and affordability.

Stay tuned for our first post on independence on Monday, June 8.

Happy Seniors Month!

GoMLS / Property Locator 3.0 App

Updates continue on the GoMLS / Property Locator app for areas for improvement and uncover bugs in need of resolution. The most recent version of the app is now 3.1.27, and it is currently available in both the Android and iOS app stores. As ever, it is suggested that you update your app, or ideally enable auto-updates.

A comprehensive set of release notes is attached, outlining the changes made in each update to each operating system. Some of the most impactful issues in the releases are below.

  • Agents can now add/edit their profile photos directly in the app
  • Fixed an issue that may have prevented some iOS users from logging in with their Facebook login
  • Additionally, there are more minor bug fixes and stability improvements.

To read the full list of improvements, please click here.

Welcome New Members!

We extend a warm welcome to RAHB’s newest members who joined our association between May 1 – May 29, 2020!

Marko Lukac
Century 21 Heritage Realty

Hayley Redmond
Coldwell Banker Community Realty 

Junior Dhlamini
Keller Williams Complete Realty

Matthew Jakobczak
Michael St. Jean Realty Inc.

Kerry Bradbury
One Percent Realty

Sherman Barrington
RE/MAX Escarpment Realty 

Jessica Sternberg
RE/MAX Escarpment Golfi Realty 

Robby McColeman
RE/MAX Real Estate Centre Inc.

Chris Pennycook
Royal LePage Burloak Real Estate Services

Anna Kusmider
Royal LePage Macro Realty 

Mary Cancilla
Luciano Giuliano
Mona Poor-Sason
Royal LePage State Realty 

Brittany Farrell 
Zoocasa Realty Inc.

Phishing Email Targets REALTORS®

CREA is aware and investigating reports of a phishing email campaign targeting members of the Canadian Real Estate Association (CREA).

The subject line of this fraudulent email is “Violation of Crea code of conduct” and it appears to be sent from info@crea.ca. The email states, “We hereby inform you that you have violated CREA standard code of conducts. The facts of the case before you are in the documents attached in the email.”

The email also has a zip attachment, which seems to be infected.

If you receive a similar email, please do not click on any links, open any attachments or reply to the message. Delete the email immediately. It was not sent from CREA staff.

While CREA continues to take steps to help mitigate and investigate different fraudulent activities, unfortunately, fraudulent emails remain rampant in many industries. As always, please be vigilant when opening emails. CREA recommends that you:

–    Delete unsolicited emails.
–    Hover over a link to confirm its legitimacy before you click to see where the email is coming from.
–    Do not open attachments from an account you don’t know.

If you have received a phishing email, please contact Member Support at support@crea.ca.

RAHB REALTORS® RELEASE MAY 2020 MARKET STATISTICS

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 852 sales of residential properties located within the RAHB market area were processed through the Multiple Listing Service® (MLS®) System in May 2020. Sales are down 42.2 per cent over May 2019, and up 43.4 per cent over last month. The average price for residential properties was $655,418, which is up 10 per cent from May last year, and up 6.3 per cent from last month.

Follow the links below for:

Burlington

Halidmand

Hamilton

Niagara North

 

Matrix Photo Upload Timeout Issue

Recently, RAHB has identified an issue in Matrix that occurs when users were trying to upload photo images to their listings. Select users would see the system would stall out when trying to upload 25 photos or more at one time and the user was left to attempt the photo upload again.

To resolve the issue, CoreLogic will have to develop a fix that will be built into the next Matrix update. Until that time, if you are experiencing this issue when uploading photos images, please use the following work around:

Restrict the number of photos you upload at one time to 20 or less at a time.

Example: If a listing has 43 photos

Batch 1 – Upload 20 photos and then Save

Batch 2 – Upload another 20 photos and then Save

Batch 3 – Upload the final 3 photos and then Save

If you have any questions, please contact the RAHB MLS Support Desk at 905.667.4650 or e-mail support@rahb.ca.

Update to FINTRAC Regime Materials Now Available

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has issued new guidance and policy interpretations REALTORS® must abide by to satisfy compliance with Regime requirements.

The Canadian Real Estate Association (CREA) continues to support REALTORS® by providing tools and resources to assist in complying to Regime obligations.

As a result, CREA has updated its FINTRAC compliance materials to reflect:

•    Scanned or photocopied documentation may now be used as part of the dual process method of identification. Previously, only original documentation could be used. This change makes it easier for REALTORS® to identify their clients remotely. No in-person meetings are required. In light of the COVID-19 pandemic, this is a timely modernization reflective of CREA’s lobbying efforts in 2019.

•    FINTRAC’s updated guidance on terrorist property lists.

•    A new deadline for suspicious transactions as a result of a change in the law. The new deadline is “as soon as practicable” after measures have been taken to enable a REALTOR® to establish there are reasonable grounds to suspect the transaction or attempted transaction is related to the commission of a money laundering offence or a terrorist activity financing offence.

•    The addition of a “wire transfer” check box in CREA’s template receipt of funds record.

•    Other minor changes.

FINTRAC has committed to “a reasonable and flexible approach with respect to the implementation of recent regulatory amendments.”

Revised materials, which incorporate the changes, are now available on REALTOR Link®. Revised forms will be posted on CREA WEBForms® starting May 15, 2020.

Further to this, in response to the ongoing COVID-19 pandemic, FINTRAC announced on April 23, 2020 that REALTORS® are temporarily allowed to verify their clients’ identities using government-issued photo identification over video conferencing technology where the use of the dual process method or credit file methods of identification are not available. Effective immediately, in such circumstances, a REALTOR® can ask their clients to display their driver’s licenses on video using programs such as Zoom or FaceTime, and rely on their judgement to verify the authenticity of the ID being displayed. However, REALTORS® that rely on this method should keep a record of why it was not possible to verify that client’s identity using traditional methods of identification. They should also keep a record of all clients identified using the temporary flexibility in order to re-verify their identity in accordance with the law when the physical distancing measures have been lifted by public health authorities.

As stated earlier, this is a temporary measure. Despite its temporary status, additional flexibility for identifying clients is welcome and provides REALTORS® with more options to safely meet their legal obligations. Given that the use of video conferencing technology for client verification is something CREA has advocated for years, we will continue to press the government and FINTRAC to maintain this position, once the ongoing COVID-19 pandemic has subsided.

If you have any questions, please contact support@crea.ca.

Coming Soon – RAHB Member Pandemic Survey

In the coming days, RAHB will be asking brokers of record, managers, brokers and salespersons to help us to determine the additional support and services that RAHB members need most during the pandemic.This survey will be sent via e-mail, be available for one week, and should only take a few minutes of your time.

 

By participating in this survey and providing us with valuable information, you could win a Realty Shoppe gift basket- valued at $50.Thank you in advance for your participation.

Flexible Possession

Recently, RAHB has received complaints surrounding the field “Possession”; specifically the pick “Flexible” is not being used as intended.

The field “Possession” has several picks to choose from as follows:

  • Immediate
  • Flexible
  • 1-29 days
  • 30-59 days
  • 60-89 days
  • 90+days
  • Other

The word “Flexible” means to be ready and able to change to adapt to different circumstances, or able to be easily modified to respond to altered circumstances or conditions. If “Flexible” is chosen, be sure your Seller(s) are in fact “Flexible”, in that they can adapt to different possession scenarios; otherwise choose a more specific pick as listed above that will suit your Seller(s) scenario.

“Flexible” does not mean the following:

  • “We are looking for 90-120 days”
  • “For the right price, we may be able to be flexible”
  • “It’s a split up, one party wants a long closing, the other party wants a short closing, so we chose Flexible”

If you have any questions or concerns, please contact the MLS Help Desk at 905.667.4650 or e-mail support@rahb.ca.

Curb-Side Pick-up Now Available for RAHB Realty Shoppe on Tuesdays and Fridays

Effective Wednesday June 17, the Realty Shoppe will now offer curbside pick-up two days a week! You can utilize the curbside pick-up on Tuesdays and Fridays.

Just a reminder that the Realty Shoppe will be modifying service delivery with curbside pick-up to serve our members better, and to adhere to the health and safety guidelines outlined by the province.

  • Supply orders must be pre-ordered by e-mail at realtyshoppe@rahb.ca, or by phone at 905.529.5979.
  • Orders must be pre-paid, and payment must be on your credit card or your RAHB account. Payment by debit and/or cash is not available at this time. We apologize for the inconvenience.
  • A twice weekly pick-up of pre-ordered supply orders will be available each Tuesday and Friday, via curbside pick-up only, at the parking lot entry door for the RAHB offices. Entry into the RAHB building and in-person shopping is not be permitted at this time.
  • Curb-side pick-up: A pre-determined pick-up time will be coordinated by Realty Shoppe staff with each member. Upon arrival, the member must wait in their vehicle within the RAHB parking lot, and Shoppe staff will bring the order out of the building and place it on a designated table in order to adhereto social distancing measures.
  • No RAHB staff have been diagnosed with COVID-19, and RAHB staff working within the Realty Shoppe do not have COVID-19 symptoms.

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