OREA – Ontario Election 2022: Housing Promises

As REALTORS®, you know that Ontario’s families want to own homes: it’s part of the Canadian Dream. But because of the housing affordability crisis, that dream is on life support.

With the provincial election only two weeks away, OREA has compared the four major political parties – the PCs, Liberals, NDP and Greens to see how each party plans on tackling the housing crisis.

OREA has done an analysis of all the party platforms and compared them to REALTOR® priorities. Below is a report card on how they stack up against the recommendations in OREA’s election platform – A Home for Everyone.

For more information about the upcoming election and each party’s housing platforms, check out OREA’s news release.

Election day is June 2nd – don’t forget to vote!

CREA – Canadian Home Sales Drop in April as Mortgage Rates Rise

As mortgage rates continue to rise, Canadian home sales dropped by 12.6% in April, following a 6% decline between February and March.

While prices remain historically high, they slowed noticeably on a month-over-month basis.

Two Weeks Before REALM™ Replaces Collaborate

It won’t be long before REALM™ replaces Collaborate. On June 1, you will no longer be able to access Collaborate.

Start your switch now to use advanced market tools and secure real-time communication with your clients. This new MLS® System features a seamless chat function to exchange listings and share documents in a single mobile-friendly design.

Remember, REALM™ will also replace Stratus at the end of 2022.

How Can I Get Started?

It’s easy!

Log in to REALM™ with the same credentials you use for the TRREB Home Page, Stratus or Collaborate.

Access REALM™ via desktop at app.realmmlp.ca or download the REALM™ app (iOS or Android).

What’s Next?

Use the built-in assistant right in REALM™ to migrate your data from Collaborate.

Your first step is to visit the “Show me how” tab to explore the onboarding tutorials, walk-throughs and other helpful resources on the features and functions of REALM™. On your desktop, it’s accessible on the right side of your screen. Then, click “Onboarding” and scroll to the bottom.

A step-by-step guided migration from Collaborate to REALM™ will start.

You can now choose to migrate your existing data. This choice may only be made once. The following data is imported:

  • Saved Lists, Searches and Results
  • Clients and Client Activity
  • User Activity and History
  • Email and Chat Conversations
  • Teams and Documents

How Will This Impact My Clients in Collaborate?

We’ve made it simple for you. Switching from Collaborate to REALM™ is an automatic process that avoids any disruption between you and your clients.

Your active clients are notified of your upgrade to REALM™. The credentials your clients used in Collaborate are the same in REALM™. Once your migration is done, you will receive a notification confirming that your data migration was successfully completed and your clients were notified of the transition. Then, all your clients need to do is check their inbox for the confirmation email and follow the steps to log in to REALM™.

Sign Up for Free Training

Finally, don’t forget to take advantage of free webinars. Discover nine training sessions to get you comfortable with REALM™ features and functions.

April 2022 CREA statistics

Home sales drop in April as mortgage rates shoot higher 

Ottawa, ON, May 16, 2022 – 
Statistics  released today by the Canadian Real Estate Association (CREA) show national home sales were down in April 2022.

Highlights:

  • National home sales dropped by 12.6% on a month-over-month basis in April.
  • Actual (not seasonally adjusted) monthly activity came in 25.7% below the monthly record set in 2021.
  • The number of newly listed properties was down 2.2% month-over-month.
  • The MLS® Home Price Index (HPI) edged down 0.6% month-over-month but was still up 23.8% year-over-year.
  • The actual (not seasonally adjusted) national average sale price posted a 7.4% year-over-year gain in April.

Home sales recorded over Canadian MLS® Systems dropped by 12.6% between March and April 2022. The decline placed monthly activity at the lowest level since the summer of 2020. 


Access the April 2022 stats PDF.

A New Live Chat is Coming to TRREB’s Help Desk

We are always there for our Members and our new live chat is another way we are providing them with a hassle-free and instantaneous experience.

This new feature is a quick and easy way to contact TRREB’s Help Desk for Member support. Plus, it’s simple to use and offers solutions for Stratus, Matrix, and REALM tech problems.

The live chat is launching on Wednesday, May 25. TRREB and Partner Board Members can have a real-time online conversation with a real person from our Help Desk team Monday to Friday from 8:30 a.m. to 4:30 p.m.

How Can Members Use the Live Chat?

After the launch, Members can get in touch with the Help Desk by:

  1. Selecting the Help Desk icon directly on the TRREB Home Page,
  2. Opening a live chat session,
  3. Typing in their name, email address and choosing a topic from the drop-down menu, then
  4. Asking a question.

    The new live chat feature is in addition to our traditional support systems – telephone and email.

    Stay tuned for more details on how and when the live chat will expand.

CREA Office Closed for Victoria Day

The Canadian Real Estate Association’s (CREA) office will be closed on Monday, May 23 for Victoria Day. The office will re-open on Tuesday, May 24. 

On Monday, May 23 (Victoria Day), CREA WEBForms® support will be available from 8 a.m. to 12 a.m. (EST).

If you have any questions, please direct them to support@crea.ca.

Have a safe and happy long weekend.

NEW! Simplified Search in REALM™

Searching in REALM™ just got better. Stay on top of new listings hitting the market with this game-changing MLS® System. Connect your clients with a home using new enhancements, including:

  • A quick search function easily accessible on the navigation bar,
  • Access to simplified search results based on your clients’ criteria,
  • Customized column sets allowing you to organize and save for future use, and
  • An advanced map that automatically adjusts based on your search area.

Watch now to see how you can take advantage of the new search features.

Be a REALM™ Pro

Get started with your built-in assistant. This tool walks you through how to set up your profile, create contacts, turn notifications on or off, save a search, and create CMAs.

How to Access

On your desktop, it’s accessible on the right side of your screen. Simply select the Show me how window to get started.

On your mobile device, select the check mark.

A New Add/Edit is Coming!

Soon, all MLS® System Users will be able to access a new Add/Edit with a mobile-friendly design. Stay tuned for an easier way to take and upload photos directly in the draft or listing.

Plus, look out for training sessions to learn more about the new Add/Edit.

Visit REALM™ Home

Discover more learning opportunities in this one-stop shop for all things REALM™. Access the handy FAQs, the latest news, videos and learn how to download the REALM™ app.

Learn More

Less Than One Month Before REALM™ Replaces Collaborate

Start using REALM™ to take advantage of real-time communication that keeps your clients actively involved throughout the transaction.

This new MLS® System helps you succeed with a seamless chat function to exchange listings, share documents, or have a conversation in a single, mobile-friendly design.

REALM™ is replacing Collaborate on June 1 and then Stratus at the end of 2022.

What If I’m Currently Using Collaborate?

Collaborate users have been able to migrate to REALM™ since the end of 2021. While you are transitioning to REALM™ you can still use Collaborate, but you should be aware of the following:

  • You can communicate with your clients in REALM™ or Collaborate, but the conversations are separate and stay within the platform you’re using.
  • Contacts and Saved searches are separate in REALM™ and Collaborate. Data does not cross over during the transition stage. You will have an opportunity to transfer your data once you choose to migrate to REALM™ permanently.

Migrate Your Data from Collaborate to REALM™

If you are an active Collaborate user, use the built-in assistant right in REALM™ for a seamless switch.

On your desktop, it’s accessible on the right side of your screen. Select the “Show me how” tab to get started, click on “Onboarding” and scroll to the bottom.

A step-by-step guided migration process will start.

Then, simply choose to import your existing data from Collaborate to REALM™. This choice may only be made once.

The following data is imported:

  • Saved Lists, Searches and Results
  • Clients and Client Activity
  • User Activity and History
  • Email and Chat Conversations
  • Teams and Documents

How Do I Let My Clients Know I’m Switching from Collaborate to REALM™?

As part of the migration from Collaborate to REALM™, your active clients are notified of your upgrade to REALM™. This is an easy, automatic process that avoids any disruption between you and your clients.

The credentials your clients used in Collaborate are the same in REALM™.

Once your migration is done, you will receive a notification confirming that your data migration was successfully completed and your clients were notified of the transition. All your clients need to do is check their inbox for the confirmation email and follow the steps to log in to REALM™.

Sign Up for Free Training

Discover nine training sessions to get you comfortable with REALM™ features and functions.

OTERR Coming Soon

Showing Properties in the Waterloo Region, Guelph and Barrie Areas

An increasing number of TRREB Members and members of our partner boards show properties outside the GTA in the Waterloo Region (Kitchener-Waterloo-Cambridge), Guelph and Barrie areas.  Our colleagues at the Kitchener-Waterloo Association of REALTORS® (KWAR) reached out to TRREB and we have agreed to provide TRREB Members and members of our partner boards with much improved access to the SentriLock lockboxes through a new process called OTERR.

While the SentriLock environment provides an app (“SentriConnect”) that our Members can download and use to open the lockbox, it is currently only being used for about half of the appointments. The other times Members are being provided with one-day codes or other means of access. In some instances, listing brokerages have office policies where they will not provide one-day codes, and some real estate boards have policies in place restricting one-day codes, because they are less secure.

Introducing OTERR

This program is called “Out of Town Electronic REALTOR® Registration” (OTERR).Effective May 10, 2022 TRREB Members and members of our partner boards will be able to register with the KWAR SentriLock lockbox system and they will be provided with identical access, rights and obligations to the KWAR lockboxes that KWAR provides to their Members.

KWAR has also made reciprocal agreements for this access to include access to the SentriLock lockboxes used by Members of the Cambridge Association of REALTORS®, Guelph & District Association of REALTORS® and the Barrie and District Association of REALTORS®.

Currently, KWAR is implementing a soft launch of the program but our understanding is that they soon plan to make OTERR registration mandatory for all out-of-town agents (which includes TRREB Members and members of our partner boards) to access KWAR Members lockboxes. They will also discontinue the option to receive a one-day code.

About the Out-of-Town Electronic REALTOR® Registration (OTERR) program

OTERR was developed to eliminate barriers and facilitate REALTOR® access to a client’s property. It is similar to the program used by the London St. Thomas Association of REALTORS® (LSTAR) which requires our Members to pre-register at the LSTAR office to get access to the LSTAR boxes. The primary difference being OTERR is online, and Members can conveniently register through the TRREB MLS® System starting on May 10.

We will provide KWAR with basic identifying information that cannot be changed, and Members will need to complete the remaining registration information with KWAR.

There will be a nominal $20/month + HST fee (charged by KWAR/SentriLock – paid quarterly) collected by credit card during the registration process, but the payment will only be charged upon the successful registration. Once you have filled in your registration information, a notice will be sent to your broker or manager to review and approve the application.

The final step is KWAR staff will be notified when there is a pending application, and they will review and approve the application within two business days. As soon as this last step is completed you will be notified that your application has been approved and receive links to download the SentriKey application, along with support and training information.

More information on how to access this new service will be shared with you in the coming days.  

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