January 8, 2021
As the old adage goes: a picture is worth a thousand words—or in real estate, thousands of dollars. Real estate photos are important.November 18, 2020
Get to know the OMDREB Members who have put their names forward to run for a Director position on the Board!November 17, 2020
Since October 1, REALTORS® in Ontario have had the opportunity to incorporate with the passing of Bill 145, Trust in Real Estate Services Act, 2020 (TRESA) and can earn an income through a Personal Real Estate Corporation (PREC). With the new rules and regulations in place, some REALTORS® may find they can benefit from a PREC. When TRESA became law, a number of questions have come up. One such question, “How are my Association dues billed after forming a Personal Real Estate Corporation?” has been frequent.November 6, 2020
On November 5, the 2020 Ontario Budget took strong steps towards protecting the health and safety of Ontario families while laying the groundwork for a strong economic recovery. The 2020 Budget adopted two Ontario Real Estate Association (OREA) recommendations focused on harnessing housing as an economic engine to support businesses, create jobs and help communities that need it most.October 15, 2020
On October 1st, 2020, the Provincial government brought forward Ontario’s new rules for forming Personal Real Estate Corporations (“PRECs”). PRECs allow REALTORS® to access the business advantages of incorporation, including tax and income planning benefits.October 7, 2020
For more than 30 years, REALTORS® have advocated for policies encouraging responsible homeownership. We have regularly met with Parliamentarians to discuss their local housing markets and policies that promote a vibrant and sustainable real estate industry. The COVID-19 pandemic has highlighted the need for a safe place to call home. Today, REALTORS® are prioritizing the housing needs of Canada’s most vulnerable populations while also ensuring the economy gets up and running.April 7, 2020
March 31, 2020
**This material has been prepared for informational purposes only and is not intended to provide and should not be relied upon to provide any legal or professional advice relating to any matter. Please consult your own professional advisor for advice on any question arising from these materials.March 30, 2020
For the time being, REALTORS® may have to connect with clients online and conduct the majority of their deals this way. While for the most part we’re well-equipped for remote work, there are certain situations that pose challenges — including now, as people around the world are being requested to practice social distancing. Given this situation and knowing that clients are not able to meet in-person — but may still want to sell their homes — how can you create and deliver an effective listing presentation?March 30, 2020
Open Houses are one of the first opportunities homebuyers take to get a firsthand feel for a property, and ultimately decide if it’s a good fit - so what happens when they can’t visit in person? If you have the technical know-how (and it doesn’t take a lot!), it is absolutely worth offering a virtual open house for your upcoming listings. If it’s done right, it can be extremely effective. If it’s poorly executed, you run the risk of presenting a lacklustre picture of an otherwise spectacular property. Here’s how you can help your clients see their dream home, even if they can’t be physically present.