Find out about some game-changing laws: how Real Estate in Ontario is transforming!

This week on the REAL Collective Podcast, Sean Tasse (Real Estate Broker) and Kyle Miller (Mortgage Broker) discuss the current impact of interest rates holding steady or slightly declining on consumers and the promising uptick in buyer sentiment. They also dig into two important changes in real estate law. TRESA (Trust in Real Estate Services Act) which came into effect in Ontario on December 1st of this year and the Canadian Real Estate Association's introduction of the REALTOR® Cooperation Policy (Canada wide) that comes into effect on January 3rd, 2024. They discuss what these legislation changes mean for buyers, sellers, and investors and their benefits and draw backs.

Don't miss out on another informative episode and Keep it REAL, Collective!

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Sean: https://calendly.com/seanrealcollective
Kyle: https://calendly.com/kmmortgage/phone-connect

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Intro: (0:00)

Interest rates holding steady, some declining & consumer impact: (2:13)

Improvements in Buyer Sentiment: (5:30)

The Stress Test: (12:30)

Legislation changes: 1st week of TRESA: (16:45)

On the cutting edge of agency: (18:15)

The opportunity to stand out: (19:53)

More about Agency: (20:35)

Increasing Transparency with Real Estate Auctions (then, now, and the potential future): (22:18)

New negotiation strategies for agents: (28:19)

Realtor Cooperation Policy – CREA: (30:50)

Outro: (32:53)

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