BRAMPTON Real Estate Board

TRREB Members are invited to join a live webinar on Wednesday, May 27 at 10:00 a.m., with Ipsos Vice President Sean Simpson and TRREB’s Chief Market Analyst Jason Mercer.

TRREB commissioned Ipsos to conduct an online survey on consumer intentions, and this exclusive webinar will share the results.

Sign up to get up-to-date information on consumer sentiments related to the housing market and the specific impact of the COVID-19 pandemic, including:

• Home buying intentions and selling intentions; and
• Consumer opinions on preferred government policy directions related to the housing market.

While COVID-19 has temporarily impacted home sales and listings in the GTA, this webinar will build upon the scope of the consumer intentions survey results and address the issues of pent-up demand and dwindling supply that will be front and centre as we move toward the recovery of the economy and housing market.

Plus, TRREB Members will be able to ask questions of Ipsos Vice President Sean Simpson and TRREB’s Chief Market Analyst Jason Mercer in the Q&A period.

Hurry, this live webinar is sure to fill up quickly. Register here now.

REALTORS® are one of the most civically minded professions and have a reputation for stepping up as volunteer leaders in their communities. As we work towards reopening our economy, the local organizations and groups in our neighbourhoods we’re used to supporting will be seeking influential leaders to help them rethink their business models and adapt to the new normal. By enrolling in Leadership 200, we’re helping prepare our Members to be a strong leader and give back to their community in a post-COVID-19 world.

That’s why, as part of OREA’s We Have Your Back COVID-19 Relief Program, we are excited to announce that our popular Leadership 200 course, Becoming a Leader, is now new and improved and available online for free to all members until November 2020. This course, which normally would cost $125, is a 4-module learning plan that will take Members approximately 90 minutes in total to complete.

Who is this course for? 

In a nutshell, any REALTOR® who wants to strengthen their leadership skills. Whether you are new to real estate, and part of our Young Professional Network or a more mature established REALTOR® who has been in the business for years but could benefit from some professional development, this course is for you.

What are the course topics? 

Topics include:

• The Fundamentals of Good Governance
• Staff and Volunteer Relationships
• Clarifying Roles and Responsibilities
• Making and Amending Motions
• Effective Discussion and Debate

Guidelines for Building Consensus

Hear what our Members have to say about the course: 

“I have always loved getting involved in my community. When I felt like I wanted to step into a leadership role, I completed both L100 & L200 and really discovered the confidence I needed to take that next step.”  
– Tania Artenosi, Vaughan

“This course was a necessary stepping stone on my path towards becoming a leader in my community.”
– James Milonas, Toronto

If you have any questions about the courses, please email leadership@orea.com. I hope you will continue to stay healthy and take advantage of this exclusive offer.

EMBARGO – April 2020 CREA statistics

 

Canadian home sales and listings post record declines in April 2020

Ottawa, ON, May 15, 2020 – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings fell by more than half in April 2020 compared to March.

Summary:

• National home sales fell 56.8% on a month-over-month (m-o-m) basis in April.
• Actual (not seasonally adjusted) activity was down a similar 57.6% year-over-year (y-o-y).
• The number of newly listed properties decreased 55.7% from March to April.
• The MLS® Home Price Index (HPI) edged back 0.6% m-o-m but was still up 6.4% y-o-y.
• The actual (not seasonally adjusted) national average sale price fell 1.3% y-o-y.

Home sales recorded over Canadian MLS® Systems dropped by a record 56.8% in April 2020 compared to an already weakened March, with a majority of sellers and buyers having seemingly moved off to the sidelines during the COVID-19 lockdown.

Access the April 2020 stats PDF.

For more information, please contact:
Pierre Leduc
Media Relations
pleduc@crea.ca
The Canadian Real Estate Association
200 Catherine Street, 6th Floor, Ottawa, ON K2P 2K9
Tel: +1 (613) 237-7111

As we head into 2 months into our Covid Quarantine,  many home owners, home buyers and real estate agents are full of questions on how to proceed and how the process is different.

We want to make sure as the real estate professionals that you have all the answers to provide to your clients.  Join us on Tuesday May 19th at 3pm, for our Closing Real Estate during Covid Webinar.  Sanjay Soni, owner and founder of Nexera Law Firm in Mississauga, will be answering real estate law related questions live.  

Feel free to email us in adavance with any questions that you may have.  All questions can be sent to support@agentmarketingsystem.ca

 

Here is a list of other upcoming events:

More information and online registration: Closing Real Estate During Covid- Nexera Law

Taking a Closer Look at the Listing Agreement, Form #200
Our Forms Team is committed to providing ongoing trading relevant information to Members. This Webinar is aimed to help you stay informed about frequently used OREA Forms.
Join us on May 20, for a 20-minute Webinar, ‘Taking a Closer Look at the Listing Agreement, OREA Form #200’ to learn the various key elements of the Listing Agreement Form #200, as well as, other Listing Agreement topical content, including:
• Listing legislated requirement content
• Available Forms connecting to a Listing
• Core rights & obligations in every agreement
• Your & your brokerage seller services
• Opportunity time to review Form 200 FAQs
This session is led by Cassandra Agnew Walker, OREA’s Head of Standards joined by Tim Hudak, OREA CEO.
Webinar Registration Link https://goto.webcasts.com/starthere.jsp?ei=1312638&tp_key=cdde8ac961
Mark your Calendars for our upcoming Webinars:
Wednesday June 24, 2020 1:00 p.m.
‘Reviewing the Buyer Representation Agreement, Form #300’ Webinar.
*All access to Forms Webinars must be made through your Member login only. This OREA resource is for Member participation.

COVID-19 has caused us all enormous challenges. In the space of eight weeks, we have seen a dramatic shift in the way we live and the way we do business due to COVID-19.

At OREA, we want our Members to know that we have your back. OREA is laser focused on helping our Members and Member Boards through these difficult times. When we get through this to a better time – and we WILL get through this – OREA will be there at your side continuing to support you.

That’s why I’m proud to announce that earlier this month, the OREA Board of Directors approved a total of $1.4 million in COVID-19 relief for Members, Member Boards and Ontarians that focuses on three key areas:

1. Emergency enhancements to Member products & services;
2. Offering new COVID-19 focused products and services; and
3. Giving back to Ontario communities.

Here’s a snapshot of what we’ve done so far and what exciting things we are in the process of delivering for Members:

Member Dues and COVID-19

OREA’s Board has met and decided that now is not the time to cut back on services and support for Members. Instead, now is the time to invest in services that support our Members and help them move forward through this crisis. Investing in advocacy, communication, mental health services, financial advice, and technological tools that directly help Members will get us further ahead than mailing out $20 cheques to every individual REALTOR®.

In closing, I want to thank the OREA Board of Directors, staff, Board Leaders, and our Members for your ongoing support during this challenging time.

While we have much more work to do together, I am honoured to be volunteering in a profession that cares deeply about its Members, the clients they serve and the communities they work in.

Stay safe.

Yours sincerely,

Sean Morrison
President,
Ontario Real Estate Association

REGISTRATION for What’s Next? COVID-19 Economic Outlook with Member-favourite Benjamin Tal, CIBC Deputy Chief Economist, is NOW AVAILABLE.

This exclusive live webinar for TRREB Members will be held on Wednesday, May 13, 2020, from 1:00 p.m. to 2:00 p.m. Don’t miss out; register now.

Benjamin Tal has a very skillful way of breaking down complex global economic trends for Members that directly impact the GTA real estate market. At this exclusive webinar he will:

• Offer insights on Canada’s economy during this period of uncertainty;
• Walk you through projections for the coming months; and
• Discuss governments’ responses to COVID-19 as well as the future of various markets.

PLUS, this webinar will also feature a Q&A period where you can direct your questions to Benjamin Tal using the webinar chat function. This live webinar will allow you to glean topical insights during uncertain economic times that will help your business.

Register below and join Benjamin Tal and your fellow TRREB Members. You will no doubt find this live webinar valuable in gaining perspective on how you can prepare your business for when governments at all levels begin to ease the current COVID-19 restrictions.

CLICK HERE TO REGISTER

Upon registering, a confirmation with information on how to join the webinar on May 13 will be sent to your email.

Mr. Tal is responsible for analyzing economic developments and their implications for North American fixed income, equity, foreign exchange and commodities markets. He also acts in an advisory capacity to bank officers on issues related to wealth management, household/corporate credit and risk.

Well-known for his ground-breaking published research on topics such as labour market dynamics, real estate, credit markets, international trade and business economic conditions, Mr. Tal not only contributes to the conversation, but frequently sets the agenda.

He has close to 20 years’ experience in the private sector advising clients, industry leaders, corporate boards, trade associations, and governments on economic and financial issues.

National and global media regularly seek him out for his insight and analysis on economic issues that impact financial markets, consumers, corporations and public policy. He is also a frequent lecturer in the economic programs of various Canadian universities.

Mr. Tal is a member of the Economic Committee of The Canadian Chamber of Commerce, The Economic Development Committee of the Toronto Board of Trade. He is also a member of the board of Governors of Junior Achievement of Central Ontario, and a board member of the Toronto Financial Services Alliance.