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RECO: Do you practice these professional habits?
RECO
Why is it important to be engaged in the real estate community? What does it mean to communicate clearly with clients and others? To find out, check out new videos that tackle key issues in professionalism.
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BREB wishes to welcome new Annual Board Sponsor, RBC Insurance
BREB
Take advantage of your group plan member savings today! Looking for great rates on car and home insurance? As a preferred car and home insurance provider for Brampton Real Estate Board, RBC Insurance® is proud to offer you savings exclusive to group plans. And it doesn’t stop there. Other family members living with you may qualify for these savings as well.

To learn more please visit rbcinsurance.com/quote/BREB or contact Isac Arruda at isac.arruda@rbc.com or call 905-863-5016.

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Disclosure and latent defects: Be careful what you sign
Real Estate Magazine
On the issue of disclosure and latent defects, an Ontario Small Claims Court judge recently awarded a ruling in favour of a buyer who alleged that the seller had not disclosed a defect that had repeatedly occurred over many years prior to the seller selling the property.
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Getting clients to price a property accurately
Real Estate Magazine
Listing and selling property efficiently requires several components. One of the fundamental keys is to price a property accurately. Not too high, not too low but in the middle to help the client get the most money possible. The salesperson and the seller must agree on the final number. Often the most important "sale" in the whole transaction is helping the seller price their home correctly the first time. There is a logical process to helping the seller agree to a realistic price.
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Canadian home sales down in December
CREA
According to statistics released by The Canadian Real Estate Association (CREA), national home sales activity was down on a month-over-month basis in December 2014.

Highlights:
• National home sales fell 5.8 per cent from November to December.
• Actual (not seasonally adjusted) activity stood 7.9 per cent above December 2013 levels.
• The number of newly listed homes rose 1.1 per cent from November to December.
• The Canadian housing market remains balanced. • The MLS® Home Price Index (HPI) rose 5.4 per cent year-over-year in December.
• The national average sale price rose 3.8 per cent on a year-over-year basis in December.

The number of home sales processed through the MLS® Systems of Canadian real estate Boards and Associations fell 5.8 per cent in December 2014 compared to November and remained above year-ago levels.

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Prequalifying clients for mortgages seminar
BREB
Get expert advice on what lenders and the insurers look at when approving a client, courtesy of Nelia Skilich of the Mortgage Centre Get a Better Mortgage.

Date: Jan. 30, 2015
Time: 1:00 p.m.
Location: Brampton Real Estate Board, 60 Gillingham Dr., Brampton, ON, L6X0Z9

To register please email education@breb.org or call the board office at 905-791-9913.

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Rogers corportate mobile plans
BREB
Looking for a new mobile plan this year? BREB members are offered an exclusive plan with Rogers. CLICK HERE to download the latest promotional flyer and learn more.
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  FEATURED COMPANIES
Making First Impressions Count

Our newly designed reflective posts have been unleashed into your neighborhood, keep a eye out for them.
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Agents Equity
This unique Internet service lets you receive advance payment of your real estate sales commission before closing for immediate access to the money you've earned. MORE


Condo completions reach new record in 2014
Toronto Star
The year may have started with a deep freeze that shut down construction sites and delayed work for days, but condo developers more than made up for lost time through the rest of 2014. Well over 20,000 condos were completed this year across the GTA. That's about 31 per cent more than the previous yearly build record, the 16,500 units that came onstream during 2013, according to condo market watchers.
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Helping volunteers become leaders who make a difference.
OREA
The OREA Centre for Leadership Development was created to ensure that all volunteer leaders have the training and support they need to succeed. If you would like to learn more about the OREA Centre for Leadership Development, please feel free to contact us at 416-445-9910.
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Real estate commissions could fall as new competition heats up
CBC News
For years, real estate agents have enjoyed a strong market where high housing prices have translated into fat commissions. But the landscape is getting crowded. More and more agents are vying for your business. And the traditional industry may be in for a shake-up. A cooling housing market, legal battles and a powerful federal agency are all circling.
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The state of real estate in Toronto: 5 numbers that may surprise you
CTV News
A housing boom in the Toronto area is masking the growing challenges to the market, according to a recent report from TD Economics. The report said experts have been distracted by a housing boom in the Greater Toronto Area, with resale value increasing steadily over the past 10 years.

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Thinking of booking a vacation? Check out the latest offers from SELLOFFVACATIONS.COM
BREB via SellOffVacations.com
See what promotions are available to you from Annual Board Sponsor, SellOffVacations.com. Click the link to view their newsletter to learn more.

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Real estate agent loses $120,000 commission for not sending simple email or letter
Slaw
The Ontario Court of Appeal has overturned a trial decision costing a commercial real estate agent over $100,000 all because the agent failed to send a simple email or letter. The facts of the case are relatively straight forward.

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CREA raises projections for house sales but warns of oil-price 'wildcard'
Toronto Star
The Canadian Real Estate Association has increased its projections for total house sales slightly in 2015, based on a strong surge in sales and prices through the latter part of this year driven largely by the Greater Golden Horseshoe and Vancouver areas. "With mortgage rates remaining at historic lows since the summer, activity has remained stronger for longer than previously expected and has yet to show clear signs of fading," the national association for Canada's more than 109,000 realtors said in a release.
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Paying a home deposit will be as simple as tapping your phone
MoneySense
Starting in February, Royal LePage Atlantic will be one of several Halifax-area brokerages that will allow homebuyers to pay their deposits via mobile devices. The new service is being offered by a startup called ExactDeposit. If the test run goes smoothly, it's expected to be rolled out in brokerages across the country in the spring.
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Title fraud: How mortgage-free seniors can become a target
The Globe and Mail
According to the Financial Consumer Agency of Canada, title fraud can happen in one of two ways. With identity theft, fraudsters can use stolen or fake identification or documents to pretend to be a homeowner and obtain one or more mortgages on the property, then walk away with the cash. Fraudsters can also register forged documents to discharge any existing mortgages then transfer the property to themselves and register a new mortgage against the property's clear title, pocketing the proceeds.
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Target Canada's closure leaves landlords with vacant real estate
CBC News
As U.S. retailer Target throws in the towel on Canada, its landlords will be left with empty stores to fill — 133 of them, to be exact. Those landlords, though, may not have been completely surprised by Target's decision to call it quits.
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TRENDING ARTICLES
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Real Estate Outlook

Frank Humada, MultiView, Director of Publishing, 289.695.5422
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Oliver Kirby, MultiView, Content Editor, 289.695.5401   
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