ONTARIO REALTOR® WELLNESS PROGRAM (ORWP) UPDATE | |
Vote to revoke mandatory participation in the ORWP – and end the program – defeated at the OREA Special Assembly Today | |
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This morning (Wednesday, November 29, 2023), a special meeting of the OREA Assembly was held at the Westin Harbour Castle in Toronto where a key vote – that would have revoked mandatory participation in the Ontario REALTOR® Wellness Program (ORWP) and effectively ended the program – was defeated. The OREA Assembly voted against the motion 73 to 59, with 29 abstaining, which means the ORWP will take effect on January 1, 2024.
The OREA Assembly is comprised of voting delegates from each of OREA’s 29 Member Boards/Associations, and votes are allocated based on the number of Members belonging to each Member Board/Association.
With the most recent survey results showing that 63% of RAHB Members do not support the ORWP, RAHB’s three Voting Delegates voted in favour of the motion that would have put a stop to the mandatory ORWP. RAHB’s six votes were among the 59 ballots cast in favour of ending the program.
In the lead-up to the Special Assembly, nine Ontario Boards/Associations enlisted Framework Analytics to conduct an unbiased sampling of Member views regarding OREA’S ORWP. The survey was open from October 17 to November 10, 2023, and all RAHB Members were asked to participate.
October 17 to November 10, 2023, and all RAHB Members were asked to participate.
The Framework Analytics survey results were presented to the leadership of all nine Boards/Associations. Additionally, a RAHB-focused presentation to the Board of Directors took place on November 24, 2023 focusing on RAHB-specific and aggregate results, as well as the reliability and representation of the survey sampling.
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ORWP Survey Data By The Numbers: | |
With today’s Special Assembly voting to move forward with the mandatory ORWP as originally approved on June 20, 2023, RAHB will be communicating in the coming days and weeks about what this means for you and your Q1 2024 Dues invoice. | |
RAHB, WRAR and SDREB Members Approve Amalgamation | |
New Cornerstone Association of REALTORS® to Launch July 1, 2024 | |
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You can find all the information at www.realtorstogether.ca
As always, thanks for coming on this journey with us to become
REALTORS® Together, Stronger Together.
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If you think about the business you’ve done in the past 12 months, chances are most of your clients have been repeat clients or referrals, which is why it makes sense to use email to stay in touch and nurture those relationships. However, it’s not as simple as dropping in some market news and hitting ‘send’. This session takes you through how to get your clients and prospects to open an email and take action, including some real-life examples.
You’ll learn:
- How to start with a quality list and techniques for growing that list
- What kind of content works best and how to format it
- Three ways to get more people to open your email, including the keys to a great subject line
- Information you can use to keep improving email performance
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RECO Bulletin No. 2.4 –
Dealing with a Self-Represented Party (TRESA)
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SUMMARY:
Effective December 1, 2023, all persons involved in a real estate transaction who are not clients of a brokerage are to be considered “self-represented parties.” REALTORS® can satisfy their obligations regarding self-represented parties by doing the following:
- Verify that the party is or intends to be self-represented.
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Provide and explain the content of the RECO Information Guide and the RECO Information and Disclosure to Self-Represented Party form.
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Use best efforts to obtain an acknowledgement that the Information and Disclosure to Self-Represented Party form was provided.
- Only provide assistance that is:
- A service provided to or incidental to a service provided to the client;
- In the best interests of the client, and;
- Consistent with the client’s instructions.
Note: The assistance must meet all three criteria.
Click here to read the entire bulletin.
Additional Resources:
Should you have any questions, don't hesitate to reach out to RAHB MLS® System Support at 905.667.4650 or via email at support@rahb.ca. We're always ready and eager to assist you!
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Important Update on TRESA Phase 2 Compliant Standard Forms | |
There is an important update on CREA WEBForms® and OREA’s TRESA Phase 2 compliant Standard Forms implementation. As you know, TRESA Phase 2 comes into effect on Friday, December 1, 2023.
As of December 1, out of the total OREA TRESA 2 compliant Standard Forms, 122 forms will be live on CREA WEBForms®. However, not all new and updated OREA Standard Forms will be available in a programmable format that members are accustomed to by this date.
Members will be notified within CREA WEBForms® of the 93 forms, pasted below, that will not be live by December 1. These forms have been assigned a priority based on member usage and will be available when programming and testing have been completed.
CREA will keep members informed through a pop-up message on CREA WEBForms® and a dedicated landing page within the CREA Learning Hub.
CREA understands this may cause some inconvenience for members. Please relay any calls or emails to their Member Experience Centre by emailing support@crea.ca or direct them to the CREA Learning Hub.
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Priority Order
Form Number and Name
- 810 - Working with a REALTOR®
- 320 - Confirmation of Co-operation and Representation – Buyer/Seller
- 300 - Buyer Representation Agreement – Authority for Purchase or Lease
- 801 - Offer Summary Document – For use with Agreement of Purchase and Sale
- 209 - Seller Direction to Share Substance of Offers
- 100 - Agreement of Purchase and Sale
- 216 - Seller Self-Represented Party Acknowledgement and Consent
- 217 - Schedule ___ – Seller Self-Represented Party Acknowledgement and Consent
- 230 - Listing Agreement – Seller Limited Services Representation Agreement Authority to Offer for Sale
- 250 - Listing Agreement – Landlord Limited Services Representation Agreement Authority to Offer for Lease
- 256 - Landlord Self-Represented Party Acknowledgement and Consent
- 257 - Schedule ___ – Landlord Self-Represented Party Acknowledgement and Consent
- 123 - Waiver – Agreement of Purchase and Sale
- 400 - Agreement to Lease – Residential
- 200 - Listing Agreement – Seller Representation Agreement Authority to Offer for Sale
- 346 - Tenant Representation Agreement – Authority for Lease or Purchase
- 311 - Buyer Self-Represented Party Acknowledgement and Consent
- 312 - Schedule ___ – Buyer Self-Represented Party Acknowledgement and Consent
- 324 - Confirmation of Co-operation and Representation – Tenant/Landlord
- 160 - Registrant Disclosure of Interest – Acquisition of Property
- 161 - Registrant Disclosure of Interest – Disposition of Property
- 325 - Multiple Representation, Seller – Acknowledgement & Consent
- 326 - Multiple Representation, Buyer – Acknowledgement & Consent
- 210 - Listing Agreement – Landlord Representation Agreement Authority to Offer for Lease
- 240 - Amendment to Listing Agreement – Authority to Offer for Sale Price Change/Extension/Amendment(s)
- 101 - Agreement of Purchase and Sale – Condominium Resale
- 330 - Buyer Limited Services Representation Agreement Authority for Purchase or Lease
- 355 - Tenant Self-Represented Party Acknowledgement and Consent
- 357 - Schedule ___ – Tenant Self-Represented Party Acknowledgement and Consent
- 360 - Tenant Limited Services Representation Agreement Authority for Lease or Purchase
- 562 - Seller Self-Represented Party Acknowledgement and Consent - Commercial
- 563 - Schedule ___ – Seller Self-Represented Party Acknowledgement and Consent - Commercial
- 815 - Working with a Commercial REALTOR®
- 170 - Consent to Advertise
- 564 - Listing Agreement – Seller Limited Services Representation Agreement Authority to Offer for Sale - Commercial
- 566 - Landlord Self-Represented Party Acknowledgement and Consent - Commercial
- 567 - Schedule ___ – Landlord Self-Represented Party Acknowledgement and Consent - Commercial
- 820 - Residential Information Checklist
- 823 - Residential Information Checklist – Rental or Lease - Fixture(s)/Chattel(s) Included
- 568 - Listing Agreement – Landlord Limited Services Representation Agreement Authority to Offer for Lease - Commercial
- 569 - Listing Agreement – Sub-Landlord Limited Services Representation Agreement Authority to Offer for Sub-Lease - Commercial
- 577 - Buyer Self-Represented Party Acknowledgement and Consent - Commercial
- 578 - Schedule ___ – Buyer Self-Represented Party Acknowledgement and Consent - Commercial
- 212 - Amendment to Listing Agreement – Authority to Offer for Lease Price Change/Extension/Amendments(s)
- 579 - Buyer Limited Services Representation Agreement Commercial Mandate for Purchase
- 520 - Listing Agreement - Commercial – Seller Representation Agreement Authority to Offer for Sale
- 580 - Tenant Limited Services Representation Agreement Commercial Mandate for Lease
- 587 - Tenant Self-Represented Party Acknowledgement and Consent - Commercial
- 588 - Schedule ___ – Tenant Self-Represented Party Acknowledgement and Consent - Commercial
- 812 - Working with a REALTOR® (2 Page Format)
- 817 - Working with a Commercial REALTOR® (2 Page Format)
- 540 - Buyer Representation Agreement - Commercial – Mandate for Purchase
- 500 - Agreement of Purchase and Sale – Commercial
- 403 - Waiver – Agreement to Lease – Residential
- 826 - Residential Information Checklist – Rental/Tenancy on Property
- 525 - Listing Agreement - Commercial – Landlord Representation Agreement Authority to Offer for Lease
- 511 - Agreement to Lease – Commercial - Short Form
- 111 - Agreement of Purchase and Sale - POTL – Common Elements Condominium
- 380 - Buyer Services Forms Checklist – Residential
- 821 - Residential Information Checklist – Schedule for Condominium
- 652 - Brokerage Communication – Competing Offers, Multiple Representation, Agreements Relating to Commission/Remuneration
- 546 - Tenant Representation Agreement - Commercial – Mandate for Lease
- 822 - Residential Information Checklist – Schedule for Water Supply, Waste Disposal, Access, Shoreline, Utilities
- 280 - Seller Services Forms Checklist – Residential
- 225 - Seller Property Information Statement – Important Information for Sellers
- 510 - Agreement to Lease – Commercial - Long Form
- 521 - Amendment to Listing Agreement - Commercial – Authority to Offer for Sale
- 348 - Amendment to Tenant Representation Agreement
- 502 - Agreement of Purchase and Sale – Business in Leased Premises
- 145 - Assignment of Agreement of Purchase and Sale
- 583 - Waiver – Agreement to Lease – Commercial
- 150 - Assignment of Agreement of Purchase and Sale – Condominium
- 153 - Waiver – Assignment of Agreement of Purchase and Sale
- 110 - Agreement of Purchase and Sale – Mobile/Modular/Manufactured Home on Leased Premises
- 527 - Amendment to Listing Agreement - Commercial – Authority to Offer for Lease
- 501 - Agreement of Purchase and Sale – Condominium Resale - Commercial
- 610 - Disclosure of Benefit/Payment to Registrant – Finders Fees, Rewards, Referral Fees, Incentives
- 515 - Agreement to Sub-Lease – Commercial
- 305 - Amendment to Buyer Representation Agreement
- 530 - Listing Agreement - Commercial – Landlord Representation Agreement Authority to Offer for Sub-Lease
- 503 - Sale of Business – Statement Under Oath
- 133 - Waiver – Option to Purchase Agreement
- 102 - Agreement of Purchase and Sale – Co-operative Building Resale Agreement
- 824 - Green Information Checklist – Residential
- 700 - Standard Appraisal Report – Single Family
- 103 - Option to Purchase Agreement – To Be Used With OREA Form 104
- 519 - Notice of Fulfillment of Condition(s) – Agreement to Sub-Lease – Commercial
- 518 - Waiver – Agreement to Sub-Lease – Commercial
- 825 - Green Information Checklist – Commercial
- 541 - Amendment to Buyer Representation Agreement - Commercial
- 115 - Agreement of Purchase and Sale – Co-ownership Building Resale Agreement
- 548 - Amendment to Tenant Representation Agreement - Commercial
- 701 - Standard Appraisal Report – Condominium
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OREA is offering a series of ‘TRESA Member Guidance’ webinars. Ray Ferris will take you through the changes coming under TRESA, and what they mean for you and your business, including:
- Self Represented Parties: What are they?
- The New RECO Information Guide: What’s in it?
- Sharing the Contents of Competing Offers: What are the rules?
- Designated Representation: What is it? Is Multiple Representation still permitted?
Here are the details:
*Please note that Ray Ferris will provide the same content in each webinar.
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Here are some additional TRESA resources:
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Last week, in a surprise twist, Hamilton City Council voted down the incoming Vacant Unit Tax (VUT). RAHB has been advocating against the VUT and welcome the shift in Council support for the tax. It isn’t necessarily scrapped yet though. Council will have an opportunity to reconsider it yet again on December 13. | | |
Earlier this year, the City of Hamilton passed a by-law requiring licences for short-term rental operators. Licensing application intake begins on December 1, 2023. Enforcement of the by-law will commence on January 2, 2024. With the short submission window, RAHB recommended operators impacted by the licensing requirement start their applications as soon as possible. You can find the application and fee schedule HERE. | |
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Check out this resource to see RAHB's newest members, transfers, and deletions. To review the report from the last seven days, click here: | |
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On January 3, 2024, the REALTOR® Cooperation Policy will come into force, putting into effect the new “Duty of Cooperation” in Article 30 of the REALTOR® Code. As an ethical obligation under the REALTOR® Code, REALTORS® will be required to cooperate with other REALTORS® in the delivery of real estate services as outlined by the REALTOR® Cooperation Policy.
Cooperation between REALTORS® is at the heart of every real estate transaction. Not only does it maximize opportunities to bring together property buyers and
sellers, it promotes the value of REALTORS® as trusted real estate professionals.
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LOCAL LOVE: Memphis Fire BBQ Company - Stoney Creek | |
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In our 2023 "Local Love" campaign at RAHB, we celebrate local businesses. November’'s spotlight is on Memphis Fire BBQ in Stoney Creek, Family-owned nook with a '50s theme & outdoor seating serving BBQ & other old-school Southern bites. We're offering a chance to win a $25 gift card to this restaurant.
To enter:
Contest ends on November 30, 2023, at 11:59 p.m. EST. Winner, chosen randomly, will be informed via Direct Message from @RAHBNews and must agree to provide their email for the e-gift card or pick it up from RAHB's Realty Shop.
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Check out the local businesses offering discounts and special deals to RAHB members - just click the RAHB Advantage icon on your dashboard at my.rahb.ca or click here. | | | | |
