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Lessons Learned: Taking Advice From Sales Gurus

If someone told you he or she could turn you into a multi-million dollar producing real estate professional just by adopting some “innovative” marketing techniques, would you do it? What if those...

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Real Estate Update 2014 Launches to Positive Feedback

The Real Estate Council of Alberta (RECA) launched the Real Estate Update 2104 course six days ago and over 400 real estate professionals have already enrolled. With over 90 course completions to date,...

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Choosing the Model That's Right for Your Brokerage

Designated agency isn’t the right choice for all real estate brokerages. There, we said it. The Real Estate Council of Alberta (RECA) doesn’t believe designated agency is the right choice for all real...

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When the Other Party is Unrepresented – A Script

There are three messages you must get through to an unrepresented party when you represent a client in a trade in real estate with that unrepresented party. I represent my client and their interests I...

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What is professionalism?

Today’s Regulator newsletter included a message from Council Chair, Kevin Clark, about what it means to be a professional. Council as a whole is committed to raising the professionalism within the...

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On-the-Go Learning

Have a few minutes to spare between appointments? Why not work on your Real Estate Update 2014 course? Real Estate Update 2014 has gone mobile. You can now access it anytime, anywhere using most mobile...

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The Authority for a Positive Real Estate Experience

You may have noticed that as part of the recent re-launch of the Real Estate Council of Alberta’s brand, there’s a tagline appearing on many of our new materials. “The Authority for a Positive Real...

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Getting to Know Your Borrower Client

In the battle against mortgage fraud, mortgage brokerage professionals play a key role in identifying red flags and communicating those red flags to the lender. In an ideal world, a mortgage brokerage...

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Have You Represented the “Right” Size?

Does size matter? It certainly does if it’s the “wrong” size. Real estate professionals must ensure they don’t misrepresent a property’s details and this includes the size. It doesn’t matter if it’s a...

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Buyer Representation Agreements: You Have Options

Representation agreements with sellers – i.e listing agreements – have never been an issue. Sellers typically sign them without much argument. Buyer Representation Agreements, however, have been used...

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Expectations vs. Reality

By Kevin Clark, Chair, Real Estate Council of Alberta As I write this article I am sitting in a service station waiting for the return of my car. Like most of the interactions of my life, I have come...

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Protecting Personal Information

These days it seems our most valued possession is our privacy. We may announce our everyday activities all over social media, but our bank information? Our credit history? Our annual income? We keep...

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Renewal Stat Update

The renewal deadline is approaching, but don’t panic if you haven’t renewed yet. There is still time. Avoid last minute scrambling and take the opportunity to renew now! Only 19% of real estate...

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Putting the “Professional” into Industry Professional

Would you balk at the sight of your accountant swearing loudly over the phone? Would it bother you to hear your lawyer screaming at a receptionist while you sit in the waiting room? Such unprofessional...

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Renewal Stat Update

The renewal deadline is only five days away. We encourage industry professionals, particularly brokers, who haven’t started the renewal process to do so soon. - 52% of real estate appraisers have not...

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Preconstruction Properties: Helping Your Buyers

The lure of a brand new condo can be extremely exciting for consumers. Sometimes, this is the case even when the ground isn’t broken on the new property. When a consumer is working with their own...

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Willfully Blind or Proactive Professional?

AMBA 411 Fraud and Crime Conference keynote speaker Jeremy Nicholls asked mortgage industry professionals if they actually assess documents they process. It was a great question. On a fundamental...

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Not So CLEAR Cut Cases

Members of the Real Estate Council of Alberta (RECA) and senior staff attended the Council on Licensure, Enforcement and Regulation (CLEAR) Annual Educational Conference in September. CLEAR is a...

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Four Ways to Avoid Buying a Haunted House

Your buyers have just started settling into their new home. Then the lights start flickering off and on by themselves. The buyers shrug it off as a minor electrical issue. Then they begin to hear weird...

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Brokers: Leading by Example

Licensed real estate and mortgage brokerage professionals either are brokers or they work for a broker, so they should all have a fairly good idea of what being a broker entails and what broker...

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