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Showing articles tagged Practice Advice

We’ve all seen it: open house signs teetering precariously on the edge of a traffic median as cars rush past. Did you know this sign placement violates the City of Calgary’s temporary signage bylaws? 

REALTORS® often hold the kaleidoscope of the real estate transaction in their hands. Guiding their clients through each lens that makes up the overall vision of their home purchase. Ensuring your clients experience the best version of this process is understanding how each real estate component reflects onto the next. 

Some members have been reporting listings that appear to be plotted incorrectly when the listing is input into the Pillar 9™ System. Aside from this information needing to be correct for the sake of data integrity, it also impacts how visible a listing is to potential buyers.

This week, we’re sharing tips from CREB® Member Practice on reporting of conditional and unconditional sales.

We’ve all done it, scrolled into our emoji catalogue and grabbed the image to convey our message or maybe even relied on the spoon-fed suggestions developed by the algorithms. But have we thought about what they mean? 

Members supporting clients involved in selling a business may face instances where the address of the property must remain confidential.

This week, we’re sharing tips from CREB® Member Practice on properly working with your unlicensed assistant. 

With inventory continually low, you’ll likely find yourself in a multiple-offer situation. It might even feel like the multiple-offer mayhem hasn’t given REALTORS® a break since members first started to see the trend in 2021. These situations can be stressful for everyone involved, and it’s one of those stand-out situations when REALTORS® get to show their worth as they help clients negotiate multiple offers.

We know the importance of having a reliable, accurate and user-friendly MLS® System that supports the needs of our members and the clients they serve. The desire for high-quality listing data is evident by the number of member-reported issues that Member Practice receives related to wrong information on listings. Inputting incorrect information on listings can result in violations of CREB® Rule Part I 4.03 - Information Integrity.

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.

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