Canadian households are “loaded with mortgage debt”. If the Bank of Canada’s warning is anything to go by, the decline in household income will be coupled with a fall in housing prices.
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Rising mortgage debt can correct housing market
Canadian households are “loaded with mortgage debt”. If the Bank of Canada’s warning is anything to go by, the decline in household income will be coupled with a fall in housing prices.
How to successfully manage your team
When you are the leader of a team, you need to manage and leverage your duties and team members, to create a performance environment for everyone.
The case for (not) charging a higher commission
If you’re a highly skilled and experienced agent, who consistently delivers outstanding results, shouldn’t you get paid more than the “average” agent? I mean, you could charge more, but is it really worth it?
Legal Issues
Buyer’s failure to waive conditions nullifies Agreement of Purchase and Sale
Buyers should not assume that communications with a seller during the conditional period will extend the deadline or require a seller to accept unilateral demands for amendments to the agreement.
Why the Federal Court ruled against TRREB on privacy and copyright matters
The first quarter of 2021 has been a busy jurisprudential time for the Toronto Regional Real Estate Board. Both decisions highlight the importance of following proper procedure and taking any required steps before commencing an action in court.
Buyer loses $100,000 deposit after refusing to purchase condo
In response to the seller’s claim for the $100,000 deposit, the buyer took the position that the court should grant relief from forfeiture in order to prevent the seller from obtaining an unconscionable windfall by keeping her deposit.
For Depalma, the COVID-19 pandemic further emphasized the need to focus on digital marketing. “You have to be online for people to see you,” she said. “That’s why I invested in a GoDaddy website.”
Products & Tech
Teranet joins Stratus to launch new platform for TRREB
REALM will be delivered via desktop and mobile app to more than 66,000 TRREB and partner board members.
TRREB to make BrokerBay showing service available to members
The Toronto Regional Real Estate Board will add BrokerBay, a showing management system, to its core products and services for members this fall.
Microsoft Bing selects Realtor.ca DDF
Microsoft has selected Realtor.ca DDF to be the sole source of listing data for the launch of a new Microsoft Bing search experience. The listings will be contextually relevant based on a user’s search and will all link directly back to Realtor.ca.
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