Attention All Realtors® Bill 55 Is Here!

BILL 55 IS HERE!

Starting July 1, 2015 all brokerages across Ontario on behalf of Sellers must meet new requirements for handling offers.

-RECO

 

 It is your responsibility to make sure you are familiar with the new requirements regarding the handling of offers and offer presentations.  This isn’t a suggestion!  It’s the law! 

  • You must learn how to use the new paperwork, and the process involved in presenting and receiving offers. 
  • Attend our office meetings and information sessions. 
  • Check your emails and in-house personal folder for more information. 
  • Managers will not be conducting one-on-one meetings with agents.   
     

Also, be aware that other brokerages will be using either OREA’s

Form #801, or developing their own forms.  We are directing our

front desks to attach our in-house document to all our listings

when broker loaded. 

 

If you load your own listings, make sure you

attach our Summary Document with a direction for co-operating

brokerages to download and attach it to their offers.

 

 

 

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