Real Estate in the News

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Our weekly wrap-up of the real estate news stories that are important to you.

Mobile payments coming to real estate, home deposits – globalnews.ca
Mobile payments for home purchase deposits are going to be available starting in February with Royal LePage Atlantic as a test and, if successful, will roll out to brokerages across Canada later in the spring. The service is provided by ExactDeposit with funds being transferred by credit card via their app ...

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You Can Do Better Than Your Brokerage Boss!

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Are you in “that job”? You know, the one that could run so much better if only you were the boss?

We’ve all been there early in our careers. With a little experience and a lot of energy we can “fix the world” of our youth. As we’ve progressed along the road of life we’ve passed many different personality types with varying degrees of professionalism, job commitment and determination.

Some we learn from, some just make us shake our heads.

Real business strength ...

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Reduce, Reuse, Recycle: The Three Rs of the Real Estate Business

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Are you an effective time manager? How about having the ability of using the tools at your disposal to their best effectiveness? Can you determine that your efforts are not being wasted, that your ROI is meeting your expectations?

Setting your goals, implementing the strategies and tracking results is of the utmost importance for your real estate business.

Real estate professionals have an ever growing arsenal of marketing tools and strategies to implement. But they can quickly become nothing more than a ...

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The Warren Buffett Model For Your Real Estate Business

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Have you considered the Warren Buffett model for your real estate brokerage business?

Mr. Buffett is renowned for smart investments, he “buys the business” rather than just considering his stock purchases as an investment.

Generally he finds value within a company and hires the right managers to continue allowing the business to be run effectively and efficiently with an eye on growing the bottom line.

Realty Point also looks at their franchisees as business people with specific skills that have brought them the ...

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Creating Great Content for Your Real Estate Website, Blog and Social Media

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It’s hard to write original content regularly to publish to your website, post to your blog and share on social media. I know that I have some inspired writing days and days of challenging writer’s block. On those days wherever I look it seems like it’s been written before and by someone better versed in getting their words out.

But there is a difference between creating and consuming content (you don’t necessarily write what you read) and this doesn’t have to ...

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How Tax and Brokerage Rules Restrict Realtors

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Ontario based realtors are under a significant tax disadvantage due to some confusing combination of the rules related to their professional body (The Real Estate Council of Ontario also known as RECO) and the provincial government.

In contrast to other provinces, realtors in Ontario are effectively prevented from operating their professional activities through a corporation despite many years of discussions and lobbying. There is no reason to believe that “the powers that be” will change their views anytime soon. Perhaps insignificant ...

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Five Resolutions For Real Estate Brokers

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As we head into the New Year many of us will make resolutions to lose weight and become healthier, grow our business and be more prosperous.

These are worthwhile resolutions geared to inspire us to a better lifestyle and a way to capture more enjoyment from our careers.

But we know that only the truly dedicated for change manage to follow-through and achieve their goals for the year.

I offer you my tips for a better New Year for Real Estate Brokers because ...

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How To Open A Real Estate Brokerage

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The steps to opening a real estate brokerage aren’t all that complicated. Much like any other incorporated company you’ll need to jump through some hoops and some steps will seem to take forever but they are navigable and they can be accomplished with a little careful planning and some good advice along the way.

Pick a company name
Your business name is usually the easiest step until you see that someone else is using your top choice. Spend some time to ...

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Real Estate in the News

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The week of real estate news in review presented by Realty Point.

CREA pays over $3 million for rights to .mls – REMonline.com
The Canadian Real Estate Association outbids Afilias to win the rights to be the registrar of the top level .mls domain name registry. CREA worked with the National Association of Realtors (NAR) in their winning bid.

What can mortgage shoppers expect in 2015? Here are five predictions – theglobeandmail.com
From ...

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Building Your Brand: The Brokerage Name Conflict

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Real estate sales is a business like no other. Real estate brokers help people with what is usually the largest purchase in their lives and with careful consideration navigates their client through the hurdles of home ownership with dedication and intimate knowledge of the market.

Business success depends on their ability to differentiate themselves through their marketing efforts to stand out from the few brands and many agents that real estate brokerage franchises represent.

Traditional Brokerage Model Continue Reading →

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