2012: Mortgage Rates ~ 27 November 2012
- 11/27/12 09:56 AM
If you require a referral to a mortgage broker, then please call me at 416-745-2300 … (0 comments)
2012: Our Rights Have been Protected
- 11/10/12 06:12 AM
We should not forget. Our rights and freedoms in the "free world" were given to us by those who went to war.Our right to own land, exists only because we have a constitution that guarantees peaceable ownership of private property. Within the country, our rights exist by way of agreement. Ownership of land is evidenced by a Deed or other title documents. However, not so, when it comes to countries.A nation has "title" to its lands not by a deed, document or some written evidence of ownership; it has "title" by what is known as "allodial title". This is actually, the … (0 comments)
2012: Toronto Market Sales Up 2.3% in 2012
- 09/10/12 12:39 AM
Ontario Real Estate Source By Brian Madigan LL.B. If you were reading the recent newspapers, you may get the wrong impression. Have a look at the Marketwatch report by the Toronto Real Estate Board: “Low-Rise Home Sales Drive August Price Growth
TORONTO, September 6, 2012 – Greater Toronto Area (GTA) REALTORS® reported 6,418 sales through the Toronto MLS system in August 2012, representing a year-over-decline of almost 12.5 per cent compared to 7,330 sales reported in August 2011. The number of new listings reported in August was down by 5.5 per cent compared to the same period in … (2 comments)
Brian Madigan LL.B. ~ Candidate RECO Board of Directors 2012 Ontario Real Estate Source By Brian Madigan LL.B. The Real Estate Council of Ontario (RECO), the governing body of real estate brokers, sales representatives and brokerages is electing three new directors to take office in June 2012. I have decided to submit my candidacy for election as a Director to represent Region 1, which includes Toronto and other central Ontario areas. The following Candidate Profile is on the RECO website: Real Estate Broker: commercial and residential, real estate litigation advisor, venture capitalist and educator, RECO: Approved RECO Education … (7 comments)
2012: RECO Election 2012 ~ Loss of Commissions
- 04/08/12 12:45 AM
RECO Election 2012 ~ Commission Loss with Insurance??? Ontario Real Estate Source By Brian Madigan LL.B. As many of you know, I have offered to let my name stand as a candidate for election as a Director of the Real Estate Council of Ontario for a three year term commencing in June 2012.
RECO sponsors an insurance program, but it has become apparent with the recent Brekland Realty matter, that not all of the agents whose commission fell under the commission protection insurance program will receive 100% of their commissions. That would be unfair! It somewhat undermines the system. … (6 comments)
2012: Breaches of the Code of Ethics (RECO election 2012)
- 04/06/12 03:54 AM
RECO Election 2012 ~ Breaches of the Code of Ethics Ontario Real Estate Source By Brian Madigan LL.B. As many of you know, I have offered to let my name stand as a candidate for election as a Director of the Real Estate Council of Ontario for a three year term commencing in June 2012. Let's look at an issue which I believe is topical for the 2012 election? According to RECO, the five most common breaches of the Code of Ethics in 2010-2011 were: 1. unprofessional conduct 2. advertising 3. best interests 4. fairness and honesty 5. conscientious and competent service … (4 comments)
2012: RECO Election 2012 ~ Risk Management Issues
- 04/05/12 05:51 AM
RECO Election 2012 ~ Risk Management Ontario Real Estate Source By Brian Madigan LL.B. As many of you know, I have offered to let my name stand as a candidate for election as a Director of the Real Estate Council of Ontario for a three year term commencing in June 2012. Let's look at an issue which I believe is topical for the 2012 election? There are several matters that arise in terms of risks. Here are the top 2 causes of loss according RECO arising in both urban and rural areas: · Non-Disclosure · Miscommunication Since these matters are fairly … (3 comments)
Brian Madigan Ontario Real Estate Source By Brian Madigan LL.B. As many of you know, I have offered to let my name stand as a candidate for election as a Director of the Real Estate Council of Ontario for a three year term commencing in June 2012.Let's look at an issue which I believe is topical for the 2012 election?There are offers commonly known as “Bully offers” which present a problem for the industry. Few participants are on the winning end. As part of the process, the existing ethical obligations apparently suggest that by placing the client in a … (8 comments)
2012: Professionalism in Real Estate (RECO 2012 Election)
- 04/03/12 01:21 AM
Professionalism in Real Estate Ontario Real Estate Source By Brian Madigan LL.B. Professionalism in the real estate industry underlies the integrity of the system.
This issue becomes topical due to the elections for board members to serve RECO in 2012. In fact, due to its importance, it should always be an issue.
It is the role of the regulator, the Real Estate Council of Ontario (RECO) to ensure that the consumer is protected. That must be the primary objective.
RECO requires a strategy in order to achieve its objective. It must utilize various means at its … (4 comments)
2012: TREB Review of 2011 and Predictions for 2012
- 01/06/12 04:11 AM
TREB Review of 2011 and Predictions for 2012 Ontario Real Estate Source By Brian Madigan LL.B. The Toronto Real Estate Board just released its most recent Marketwatch, on 5 January 2012. In essence, it says: 2011 was up 8% 2012 will be up 4% Now, the prediction for 2012 is all guesswork. Everyone would agree with that. And, rarely would anyone be held responsible for a bad prediction. But, let’s look at the 8% increase in 2011. It certainly doesn’t work on the January to December numbers. That would be 4.02%. So, if you want a better number, you had … (4 comments)
2012: What’s Happening ~ Toronto Condo Market 2012
- 01/03/12 01:18 PM
What’s Happening ~ Toronto Condo Market 2012 Ontario Real Estate Source By Brian Madigan LL.B. Although the world is filled with pessimists and a lot of them see the Toronto condo market going bust, the facts and the figures don’t seem to support that conclusion. There are two major driving forces behind the most active condo market in the world: 1) net new immigration, and 2) low interest rates. Condo developers are just reacting to the demand. A lot of people are moving into the GTA each year, actually upwards of 100,000. They have to live somewhere! Affordability is relatively … (1 comments)
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