In spring 2016, a spokesperson for the Financial Transactions and Reports Analysis Centre (FINTRAC), Canada’s financial intelligence unit, told REM that significant deficiencies in how some real estate salespeople and brokerages in the Vancouver area were handling...
The Ontario Real Estate Association (OREA) has lost a bid to continue providing Ontario real estate licensing education after 2020, sources tell REM. The news comes, according to industry insiders, after the Real Estate Council of Ontario (RECO) selected another...
In an interview for a recent REM article, long-time Royal LePage Foothills broker Ted Zaharko said that brokerages in Western Canada aren’t taking in nearly money enough from their salespeople compared to other parts of the country. He described the difference in the...
In simple terms, a rent-to-own (RTO) agreement is where a client agrees to rent the property from the owner for a specified period of time (usually three to five years) and then has the option to purchase the property at the end of the lease period, generally at an...
Calgary-area salesperson Kirby Cox says he is determined to make sure Alberta Realtors know that their commissions are not protected and are at risk. The former Royal LePage Foothills top-producing agent says he is out over $275,000 after long-time broker Ted Zaharko...
