Could a recent US settlement have an effect on Canadian real estate? In this episode of the REAL Collective Podcast, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) break down the possibilities.

In the first half Sean and Kyle briefly discuss a tale of two markets (those that are priced right versus those that are overpriced). They then move on to the recent landmark settlement that was announced last month and how similar cases are happening here in Canada with the Toronto Real Estate Board. They explain the crux of the issue (the Competition Act and Commissions) specifically buyer's side commissions. They talk about what could happen down the line and how this could be difficult with the current mortgage structure here in Canada.

In the second half our hosts discuss three hot money topics that have been in the news recently.
1. Bare Trust and the CRA
2. A Renter's Bill of Rights
3. OSFI looking to put a limit on loan to income ratio

If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/

Are you buying or selling? Book a meeting with Sean or Kyle today!
Sean: https://calendly.com/seanrealcollective
Kyle: https://calendly.com/kmmortgage/phone-connect

You can also follow us here:
Instagram: https://www.instagram.com/real.collective.inc
Facebook: https://www.facebook.com/realcollective.ca
TikTok: https://www.tiktok.com/@realcollective
LinkedIn: https://www.linkedin.com/company/real-collective-inc
Website: https://www.realcollective.ca

Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa
Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages

#ottawa #realestate #podcast #realcollective

Intro (0:00)
If it’s priced right, it’ll sell (1:10)
A tale of two markets (2:35)
What we’re talking about this week (4:09)
Lawsuit being filed against the Toronto Real Estate Board (5:11)
This is all coming to a head in the US – what does that mean? (7:00)
What does that mean to the buyer’s agent? (7:45)
Why would this extra cost be difficult to roll into a Canadian Mortgage? (8:11)
Discount buyer agents (10:44)
Explaining value propositions now with TRESA (13:45)
The dangers of oversimplifying the buying and selling process (14:08)
Real Estate is a long-standing profession (16:26)
REAL Collective Marketing (17:45)
Second half (18:28)
Three hot money topics 1. Bare Trust and the CRA (18:48)
2. Renter’s Bill of Rights (23:37)
3. OSFI looking at putting a limit on loan to income ratio (30:17)
Outro (34:00)

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