This past fall it was my pleasure to participate in OREA’s EMERGE event tour to speak with REALTORS® about varied Standard Forms Updates, including Form #801, E-signatures and adding integrity to trading activity using Standard Forms & Clauses. Form #801 has garnered a lot of discussion and controversy. Members need to know about regulatory changes which can translate into essential changes in real estate activity, including the two regulatory changes resulting in the creation of Form #801:
- To not represent to anyone that an offer exists unless that offer is in writing; and
- To retain a copy of all written offers or a summary document (such as Form #801) of all written offers.
Technology and e-signatures are now an integral part of the real estate landscape in Ontario. So OREA invited industry experts to EMERGE to talk about the benefits of this technology and what REALTORS® need to consider when they are choosing between the many options available. In my presentation, the minimum requirements according to the Electronic Commerce Act were discussed for members to keep in mind when choosing an e-signature provider.
In this video you’ll get answers to many common questions about Form #801, e-signatures and integrity using forms. But don’t stop there – every month OREA will be releasing a new video featuring one of our EMERGE speakers. If you haven’t checked it out yet, last month’s video features Andrew Fogliatio discussing online lead funnels. Next month you’ll get to see the highlights from the consumer panel, which was by far the most talked about part of EMERGE.
If you like what you see, be sure to attend this year’s EMERGE conference, running in six areas of the province between September 22 and November 17. The live events feature business ideas and technology tips from top experts in the field not available anywhere else. This is one of those memorable conferences with real benefits for your real estate business that you won’t want to miss.
OREA members will receive further information about this year’s line up of speakers as well as how to register as it becomes available. In the mean time, check out our EMERGE landing page for key dates and more content from last year. On behalf of the team at OREA, we look forward to seeing you there!