As of December 1st, Ontario's real estate landscape is undergoing a transformation through the implementation of Phase Two of the Trust in Real Estate Services Act (TRESA), replacing the previous REBBA. This signals a significant shift in the conduct of real estate transactions, impacting almost 100,000 realtors in Ontario. At The Olivera Group, we are dedicated to navigating you through these changes, ensuring a seamless transition while upholding the excellence of our services.
HOW THIS IMPACTS YOU
Disclosures
There will be a heightened emphasis on disclosures, especially when engaging in Multiple Representation scenarios.
Agency
The option for a customer relationship is no longer permissible. If someone prefers not to receive services from an agent, they have the choice to represent themselves.
OUR PLEDGE TO YOU
At The Olivera Group, your needs and aspirations have always been our top priority. These legislative changes provide us with an opportunity to reinforce our commitment to your success in the real estate market. Our team is extensively trained and continuously updated on these regulations to provide you with the most precise and effective guidance.
LOOKING AHEAD
The real estate industry is dynamic, and these changes are crucial for its growth and integrity. As these new regulations come into effect, we anticipate a period of adjustment. However, with our experienced team and dedication to staying ahead of industry developments, we are well-prepared to navigate these changes.
With The Olivera Group, you can confidently embark on your real estate journey, secure in the knowledge that you will receive professional guidance and support at every stage. Our objective remains unwavering: to assist you in achieving your real estate aspirations with trust, transparency, and unparalleled expertise.
Together, let's embrace these changes and continue building a thriving future in real estate.
Find out more about TRESA here: https://www.orea.com/TRESA
Read the RECO information guide here: TRESA GUIDE
