OREA Update

Call for Candidates – Ontario Real Estate Association

The Ontario Real Estate Association has six openings on the OREA Board of Directors:  three Directors at Large and three Provincial Directors (one each from the Central, Northeastern and Southern areas).  The election will take place March 5, 2014. (more…)

OREA News – HomeVerified Home and Neighborhood History Reports

A message from the Ontario Real Estate Association

OREA has received member inquiries about privacy issues arising from HomeVerified home and neighborhood history reports. These reports disclose the history of insurance claims and reported incidents of marijuana grow-ops and methamphetamine labs at subject properties. They are currently available for purchase by listing brokers through Teranet’s GeoWarehouse. (more…)

OREA Government Relations Update

Electronic signatures are coming … but not just yet

On June 11, the Government of Ontario passed the 2013 provincial budget. Included in the budget is OREA’s proposal to amend the Electronic Commerce Act (ECA), 2000. Once proclaimed, this amendment will give REALTORS® and consumers the confidence to use modern technology that will make transactions more efficient and accessible. (more…)


CMHC study:  Families benefit significantly from living in their own homes

A study conducted by the Canada Mortgage and Housing Corporation (CMHC) highlighted the importance of affordable housing for Canadian families. It concluded that moving into one’s own home leads to major improvements in housing conditions, child well-being and school performance, health, and personal and family life. (more…)

OREA Update

Teranet to offer home history information

Teranet, the exclusive provider of online property search and registration in Ontario, has announced a partnership with HomeVerified to offer national home and neighbourhood history information.  Ontario’s 55,000 REALTORS® will benefit from the new tool to market and sell both a home and its neighbourhood.  “The HomeVerified report provides consumers and real estate professionals with important information on Canadian homes, including photos, insurance claims history (sewer back-ups, fire damage, flood damage, burglaries, vandalism, etc.), a proprietary marijuana grow-op database, local school rankings, neighbourhood amenities and other information all laid out in an easy to read report”. (more…)

2013 OREA Standard Forms Updates

The OREA Standard Forms Committee reviewed a number of requests from members, real estate boards/associations  and other interested parties regarding OREA standard forms.  As a result, a number of important revisions were made to the forms and new forms were created for 2013. (more…)