A multiple listing service is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation and accumulate and disseminate information to enable appraisals. A multiple listing service's database and software is used by real estate brokers in real estate, representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller's broker in finding a buyer for the property or asset. The listing data stored in a multiple listing service's database is the proprietary information of the broker who has obtained a listing agreement with a property's seller.
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. It has over 1.4 million members, making it one of the biggest trade associations in the USA including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. The organisation holds a U.S. trademark over the term "realtor", limiting the use of the term to its members. NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need of real estate to be cared for and monitored, with accountability for and attention to its useful life and condition considered. This is much akin to the role of management in any business.
For Sale By Owner (FSBO) is the process of selling real estate without the representation of a broker or agent. Homeowners may employ the services of marketing or online listing companies or market their own property. Typically, they represent themselves with the help of a lawyer or solicitor throughout the sale, as in most areas, there are detailed legal requirements pertaining to sellers and disclosures they must make.
Edouard Adeceus "Eddy" Bourque was Mayor of Ottawa in 1949 and 1950.
A Virtual Office Website (VOW) is a web site that is used to conduct business activities. One example is a VOW used as a real estate property search site allowing the public to conduct searches of approved multiple listing service properties in a given area under certain conditions. Also see Virtual company.
Royal LePage is a Canadian real estate franchiser and owner-operator with more than 600 locations and over 18,000 Realtors in Canada. The company was founded on July 2, 1913 in Toronto, Canada by then 26-year-old Albert E. LePage, under the name "A.E. LePage, Bungalow Specialist." In 1984, the company was renamed Royal LePage following a merger with Royal Trust co.
The Canadian Real Estate Association is a trade association that represents real estate brokers, agents, and salespeople in Canada.
The Ontario Real Estate Association (OREA) is a professional association that represents real estate brokers and salespeople who are members of Ontario's real estate boards. It has its headquarters at 15 Kern Road in Toronto.
The Greater Montréal Real Estate Board (GMREB), or Chambre immobilière du Grand Montréal in French, is the second largest real estate board in Canada.
Real estate licenses, authorizations issued by state governments, give agents and brokers the legal ability to represent a home seller or buyer in the process of buying or selling real estate. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and many other countries.
The Manitoba Real Estate Association (MREA) a trade association that represents real estate brokers, agents, and salespeople in Manitoba, Canada. Its membership includes more than 2100 individuals, who work through one of Manitoba's four real estate boards:
The Saskatchewan REALTORS® Association (SRA) is the processional association that represents over 1,500 real estate brokers and salespeople in Saskatchewan.
Right at Home Realty is an Ontario Real Estate Brokerage with close to 6,000 sales representatives serviing the Greater Toronto Area. The company was founded in 2004 by the late Arthur Bartram, Ronald E. Peddicord, and Howard Drukarsh and has grown into a multi-office, non-franchise, corporately-run Canadian success story.
Days on market is a measurement of the age of a real estate listing. The statistic is defined as the total number of days the listing is on the active market before either an offer is accepted or the agreement between real estate broker and seller ends.
The REALTORS Association of Hamilton-Burlington (RAHB) is the 3rd largest real estate board in Ontario and the 8th largest in Canada, representing over 2900 members in Hamilton, Burlington and surrounding areas.
Established in 1997, the Real Estate Council of Ontario is a not-for-profit corporation that regulates the trade of real estate in Ontario in the public interest. On behalf of the Government of Ontario, it administers and enforces the Real Estate and Business Brokers Act, 2002 and its regulations.
Purplebricks Canada is a Canada-based real estate brokerage and a subsidiary of Desjardins Group.
The Toronto Regional Real Estate Board (TRREB), formerly the Toronto Real Estate Board (TREB), is a non-profit professional association of registered real estate brokers and salespeople in and about the Greater Toronto Area. TRREB's Toronto office is located at 1400 Don Mills Road.
Openn is a platform that facilitates real time communication and negotiation in a property transaction. Openn Negotiation combines flexibility of a private treaty with the transparency of auction price discovery. Openn Offers supports a traditional private treaty process with improved transparency. Openn Tender allows buyers to submit tender offers digitally before a set deadline for the agent and seller to review. It was launched in Australia in 2016 and has seen significant growth largely due to COVID-19 restrictions on traditional home inspections and on-site auctions.
