Learn to Use Form #244 in your Property Showings and Offer Presentations

Many REALTORS® use Form #244 to assist them with their property showings and offer presentations. OREA has created a new tutorial to teach members about Form #244. The tutorial walks members through each section of the form, and highlights the areas of greatest importance.  REALTORS® have specific responsibilities to consumers, brokerages, and real estate boards with respect … Continued

Stick-handling Offers & Negotiations Webinar

OREA’s next monthly standard forms webinar, taking place at 1:00 p.m. on April 19, will address many of the sticky situations that REALTORS® often encounter in the offer negotiation process. If you’re new to the offer process or just need a brush up, OREA’s in-house expert, Casssandra Agnew Walker, and special guest from RECO, John … Continued

OREA introduces Standard Form #801 ‘Offer Summary Document’

On July 1st, 2015, Ontario Regulation (307/14), which implements amendments made to the Real Estate and Business Brokers Act, 2002 (“REBBA”) under Bill 55, will come into force. These changes are intended to address the issue of “phantom offers” in the real estate marketplace. What REALTORS® Need to Know Bill 55 introduced a number of … Continued

Standard Forms Recap

In keeping with the dynamic nature of the real estate industry, OREA standard forms change.  In keeping with your obligation to comply with Section 34 of the Code of Ethics, real estate salespersons and brokers must ensure the forms they use in the course of a trade in real estate are current.  And, in keeping … Continued