CREB^® Member Practice had scheduled a quarterly audit for commercial listings after identifying some confusion around which commercial properties should be listed as “for sale” or “for lease.” However, as our ongoing commitment is to provide tools, resources and assistance to support our members, we find this time optimal to collect your feedback for commercial offerings instead of auditing.

With many consumers finding success using Airbnb and VRBO platforms, it’s possible to see this as more than a trend. It’s become a preference for ownership. You may have buyers seeking properties with these capabilities and sellers wanting to highlight these features.

Working with real estate forms is part of members’ regular practice, and it’s important to stay up to date on changes so you can ensure any of your standardized forms packages or client conversations remain current when adjustments are made to the AREA contracts.

Few things are more annoying than having a 400-square-foot condo show up in your client’s search for 10+ acres of land. Fortunately, as a listing agent, you can help your fellow REALTORS^® by double-checking that the lot size has been left blank on your conventional condo listings.

Lead generation is a big part of our member’s business plan; whether through referrals, sign calls or tech tools, inquiries from new clients should go through a vetting process. This not only helps meet client needs and manage your time and resources effectively, but it can also keep you safe.

What we say matters. Words have a lasting impact and have the power to influence and cause harm. How you talk about the commission you receive, will receive, and have received needs to be considered carefully to remain compliant with the Competition Act.

Every convenience brings its own inconveniences along with it, and scheduling showings of a property is no different. The deadline to be ready for those incoming showing requests is when the listing status goes active. Think of it like a green light or a neon open sign. An active status communicates to all members and their clients that your listing is ready for business.

CREB^® Member Practice has identified a trend in complaints and is offering tips to get members back on track with the CREB^® Rules. Each week we'll feature a different topic. Learn about what’s going on by reading our tips and integrating these practice requirements into your business.

Looking to give your client’s a smooth closing to their real estate sale or purchase? Keep in mind the importance of selecting a closing date.

As of Jan. 3, 2022, all new listings that are conditionally sold must be reported on the MLS^® System as “Pending.” Listing agents are responsible for updating their listings within two business days to reflect the actual status of the property.

The results of the multimedia links audit are in - take a look at the results.

Last year CREB^® Member Practice worked with almost 3,000 members to answer practice questions, advise on transaction issues, discuss the expectations of professional conduct and improve the quality of the listing data.