For the RECOrd – September 2021

COVID-19 vaccination certification system
As part of the Ontario government’s continued efforts to manage the COVID-19 pandemic, effective September 22, 2021, Ontarians need to be fully vaccinated (two doses plus 14 days) and provide proof of vaccination along with photo identification to access certain public settings and facilities.
 
The government’s announcement did not specifically identify requirements that would affect real estate brokerages, showings or open houses. However, all public health measures should be followed for any services taking place in a public setting.
 
We recognize that individuals involved in real estate transactions will have different needs and expectations to stay safe. Real estate professionals and brokerages play an active leadership role in their communities to maintain the health and safety of everyone involved in real estate transactions. We recommend that sellers, buyers, and their real estate representatives work collaboratively to implement measures that satisfy their respective needs.
 
For more information about how this affects real estate professionals and brokerages, visit our COVID-19 Industry Notices page.

Reminder: Industry alert about steering based on commission

We are concerned that some real estate agents and brokerages in Ontario may be steering their buyer clients toward listings where the seller is offering buyer representatives higher commissions over those offering lower commissions and that this may be happening without the buyer’s informed instruction. Although we know the vast majority of agents are managing buyers in an honest and ethical manner, it appears some may be putting their interests ahead of their buyers’. In addition to being illegal, this conduct undermines consumer protection, consumer confidence and the reputation of the profession. For more information, including clarity for buyers and their representatives and the Code of Ethics, visit RECO Professional News

RECO moves to fully online registration applications for salespersons and brokers

We recently moved to online-only registration applications for individual salespersons and brokers.

Brokerage registration forms will continue to be available in a fillable PDF format until further notice. The new online forms for individual salespersons and brokers are available under the “Applications” tab on MyWeb

New federal holiday on September 30: National Day for Truth and Reconciliation

The federal government has proclaimed that September 30 will be a new federal statutory holiday known as the National Day for Truth and Reconciliation. This is meant to be a day of reflection and a reminder for Canadians of the tragedies experienced by Indigenous people as a result of the country’s devastating legacy of residential schools. We are all encouraged to reflect on the heartbreaking history of Canada’s residential school system and honour the survivors, their families and communities. Service alert: This holiday applies to all federally regulated public and private workplaces, including banks, which may affect closing dates set on September 30, 2021. Brokerages are urged to review all their pending transactions to see if the holiday may affect the closing of a transaction. As a provincially regulated workplace, RECO will remain open on September 30.

Reminder: Human Rights Fundamentals MCE elective – Understanding racism and racial discrimination

As the regulator of real estate professionals in one of the most diverse provinces in Canada, we support a market free of racism and discrimination.

Earlier this year, in collaboration with the Ontario Human Rights Commission, we developed RECO’s new MCE elective: Human Rights Fundamentals. We continue to encourage registrants to take the 75-minute course, which will provide learners with a foundational understanding of racial discrimination and human rights protections under Ontario’s Human Rights Code. Registrants are also encouraged to alert their broker of record/brokerage if they, or someone they represent, experiences racism or discrimination of any kind.

Ask Joe

Check out our “Ask Joe” column, a weekly question-and-answer column by RECO’s Registrar, Joe Richer, that appears in the Toronto Star. Here are some questions Joe has answered recently. 

What are the benefits of working with a real estate professional when buying a home?

Author: bramptonrealestateboard

At the Brampton Real Estate Board (BREB) we believe in the ownership of Real Estate. Our objective is to contribute to the capability and growth of our members in their endeavors by marketing all forms of real property throughout the greater Brampton, Halton Hills and Caledon marketplaces and beyond. The Brampton Real Estate Board is dedicated to providing an environment in which it’s Member REALTORS®, employees, Board of Directors, and Committee volunteers are encouraged to grow, succeed and develop in order to provide the highest level of professional conduct and service.

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