The Clock is Ticking Down- Issue 389


December 1st. Already!  How has the year gone by so quickly?  



Today marks the start of TRESA 2002 (see last week’s blog post for highlights). 


For now, confusion will be the word as Realtors® and clients alike struggle to adjust to the new rules, and multiple new forms.  

We’re going to unpack as much of this as possible and the best starting point is the Real Estate Council of Ontario’s new website (just launched last night). The RECO site opening page has some great links on what Buyers, Sellers and Agents need to know just to cover the basics.


While I believe the changes are long overdue and will be beneficial to anybody involved in a real estate transaction moving forward, it’s going to take some time to adjust to the changes.  There’s going to be some grumbling from all sides, because - like most people - we don’t always like change, beneficial or not.  



We’re in the process of coaching our agents and staff on the new forms, as they were only just released in the last couple of weeks and the new process the legislation expects us to follow.  Bear with us during this learning curve. 



We want you to know that we are prepared to answer any questions you have around the new legislation. In answering your questions, we become better at performing under the new rules.  



In the meantime, check out the RECO links & send me your feedback or questions. I’d love to hear what you readers are thinking of these new changes.

Enjoy the weekend.

Paul



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