by REM Editorial Team | Jan 20, 2017 | Featured, News
A new report from Equifax Canada says high-risk and suspected fraudulent mortgage activity is on the rise, citing a 52 per cent increase in suspected fraudulent mortgage applications since 2013. A recent Equifax survey showed: 13 per cent of Canadians indicated they...
by Ian Grace | Jan 19, 2017 | Advice for Agents, Featured
Everyone knows that your existing customers should be regularly followed up with after the successful sale, to build an ongoing relationship and hopefully, customers for life. How often does that happen, for example, with a car salesperson? Not very often. But sadly,...
by Lorne Gross | Jan 18, 2017 | Columnists, Featured
The rise of China is like the steady movement of a train. We see the train accelerate with certainty and inevitability, but this acceleration is the result of something deeper. It is the unseen fuel deep within the train that powers its forward drive. Similarly, the...
by MarkWeisleder | Jan 17, 2017 | Advice for Agents, Columnists, Featured, Legal Issues
Time deadlines in real estate deals have never been more important than today. I experienced two deals just before the holidays that confirmed what happens or can happen when you miss a deadline. In the first case, the buyers signed a deal with a builder several years...
by REM Editorial Team | Jan 16, 2017 | Boards & Associations, Featured, News
The Toronto Real Estate Board (TREB) and the Ontario Real Estate Association (OREA) are fighting a City of Toronto proposal that would increase land transfer taxes on homebuyers. TREB has launched a website to shed light on the proposed changes, which it says could...
by Joseph Richer | Jan 13, 2017 | Columnists, Featured
In a recent story in REM, Vito Campanale proposed an alternate way to obtain consent from buyers and sellers, in order to release the deposit back to the buyer if conditions are not fulfilled. Here’s the Real Estate Council of Ontario (RECO)’s position on this...
