All the best,
Mark
GTA REALTORS(r) RELEASE MID‐MONTH RESALE HOUSING FIGURES
TORONTO, APRIL 18, 2011 ‐‐ Greater Toronto REALTORS(r) reported 4,444 sales during the first two weeks of April 2011 -a three per cent decrease compared to the first two weeks of April 2010. The number of new listings was down by 21 per cent compared to the same period last year.
"ales activity was quite strong during the first two weeks of April. If this level of activity is sustained for the remainder of the month, we could see April transactions close to last year' record result. Positive economic news has kept households confident in their ability to purchase and pay for a home over the long term,"said TREB President Bill Johnston.
The average selling price for firm deals reported through the first two weeks of April was $483,165, representing a 12 per cent increase over the average price of $430,271 reported during the same period last year.
"he number of homes listed for sale so far in 2011 has been below expectations. Market conditions have tightened, resulting in increased competition between home buyers and accelerating rates of average price growth,"said Jason Mercer, TREB' Senior Manager of Market Analysis.
"he strong rate of price growth reported for the first two weeks of April should entice more households to list their homes for sale. This would result in more balanced market conditions and more moderate rates of price growth,"continued Mercer.
I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829 CELL 416-520-1577
mark@mississauga4sale.com
Mississauga4Sale.com
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For more information please contact A. Mark Argentino A. Mark Argentino, Broker, P.Eng., Specializing in Residential & Investment Real Estate RE/MAX Realty Specialists Inc., Brokerage 2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1 BUS. 905-828-3434 FAX. 905-828-2829 E-MAIL: mark@mississauga4sale.com Website: Mississauga4Sale.com
These rules will ensure that you are not spammed by realtors and that you always will have the option to be removed from email lists.
The fines for realtors for non-compliance are up to $1million! The details are below.
All the best!
Mark
This is courtesy of the Mississauga Real Estate Board
NEW ELECTRONIC MARKETING RULES:
TEN THINGS REALTORS(r) NEED TO KNOW
The government is close to finalizing new rules for marketing by e-mail, text messaging and other forms of electronic communication, which will impact the way REALTORS(r) communicate with clients. When the proposed rules were before Parliament in an anti-spam bill, CREA won important concessions. There may be additional modifications, and CREA continues to follow this issue closely.
In order to get prepared, here are ten things REALTORS(r) need to know:
1) With a few exceptions, REALTORS(r) will no longer be able to send electronic messages to clients or potential clients without their consent.
2) Consent will be implied for REALTORS(r) to send electronic messages to a client for two years following a real estate transaction and six months after an inquiry from a potential client.
3) A transitional provision allows REALTORS(r) to send electronic messages to clients without their consent for three years, provided the relationship existed before the new rules come into force.
4) The onus is on the REALTOR(r) to prove consent; therefore you must document that consent has been obtained by a recipient.
5) When obtaining consent, REALTORS(r) must set out the purpose for which the consent is being sought, as well as information identifying them. More details about obtaining consent will be included in the regulations issued for the legislation, which have not been drafted yet.
6) REALTORS(r) will need to ensure each electronic message contains their contact information, an unsubscribe mechanism, and any other information set out in the forthcoming regulations.
7) Consent will be implied and REALTORS(r) will be able to follow up by email with new contacts they meet at networking functions, so long as the electronic message is relevant to the recipient's business.
8) Consent will not be implied for REALTORS(r) to follow up on a referral unless the potential client provides their express consent, or has a personal, family or existing business relationship with the REALTOR(r).
9) REALTORS(r) who fail to comply with these new electronic marketing rules could face administrative monetary penalties of up to $1 million for individuals and $10 million for corporations. In addition, individuals who receive unsolicited electronic marketing materials from a REALTOR(r) could launch a private right of action and sue for monetary compensation.
10) Telephone marketing continues to be governed by the Do Not Call List do not call list rules. In the future, the government may include telephone marketing under the same electronic marketing compliance regime.
