Author name: WECARNEWS

Who are Canadian Home Buyers?

Home buyers in Canada come in many different forms: different ages and different family dynamics with different goals. The following is a sample of what some buyer groups might look like. First-Time Home Buyers First-time home buyers typically young professionals in their late 20s or early 30s—millennials born between 1981 to 1996. They are usually

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Q&A: Why Technology is Essential for REALTORS®

In today’s fast-paced world, technology touches every aspect of our lives, and its influence has seeped into the real estate realm. From drone photography and virtual tours to REALTOR.ca and digital transaction management systems, there’s no denying real estate has gone digital. Technology has allowed the real estate industry to evolve and has streamlined how

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Tax saving opportunities for those considering Personal Real Estate Corporation

In the not-too-distant future, Ontario real estate professionals will have the opportunity to incorporate, thanks to the passing of Bill 145 this past March. Although the legislation (and details) around Personal Real Estate Corporations (PRECs) are currently in consultation phase, with final implementation details targeted for October 1 2020, there are a few things real estate professionals

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RECO: Government Launches Consultation on Incorporations & Advertising Terms

The ON Gov has launched a consultation on the first phase of draft regulations proposed in TRESA 2020: Personal Real Estate Corporations & Advertising terms. Regulation – LGIC Regulation Number(s): New Regulation O. Reg. 567/05 O. Reg. 579/05 O. Reg. 580/05 Bill or Act: Real Estate and Business Brokers Act, 2002 Summary of Proposal: At

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