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Regulator releases plan for the future, prioritizes homebuyers and agents

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Real Estate Professional | 24 Aug 2016, 08:15 AM Agree 0
Following one province’s independent regulator being stripped of its power, another real estate regulator has released its strategic plan and vision for 2016-2020
  • | 24 Aug 2016, 10:51 AM Agree 0
    Up keeping the professional standard will be hard to achieve if our industry keeps doing businesses in a way that realtors are cutting their commission and offering cash rebate in view of competing for businesses. We are facing messy competition from sub-standard new comers bringing in third world country mind set.
  • | 24 Aug 2016, 11:26 AM Agree 0
    the shady standards should have been nipped in the bud but our industry has never seen it and that is the fault of all the realtors that
    knuckle under the pressure of cutting there income because the third world seller and buyer are outnumber our local folks so we are
    under pressure to cut our commission and that is the fault of our industry not having stronger voice on a set rate that is enforced
    but we are not a profession we are salesman and negotiating our income is part of our business now to bad and that is going to kill it
    and we will become a 3rd rate how much for your service kind of business.
  • David Lowe | 24 Aug 2016, 12:04 PM Agree 0
    RECA's response to growing opposition and intransigence from the Alberta Realtor's Association (who have mounted a broad-based Public Relations and Lobbying effort with the new NDP Gov't to alter RECA's mandate), has been to issue a monotonous series of announcements and press-releases underlining, for lack of a better term - how great they are. The nature of the relationship between these two organizations can be summed up as a) childish and b) dysfunctional. Can't wait for the next installment of this soap opera.
  • RECA Communications | 29 Aug 2016, 01:08 PM Agree 0
    The Real Estate Council of Alberta (RECA) wants to clarify the situation as it relates to development and approval of its 2016-2020 Strategic Plan. RECA began industry consultation and research in preparation for this Strategic Plan in Fall 2015, months before events began to unfold in British Columbia. RECA’s current 2011-2016 Strategic Plan formally ends on October 31, 2016, and development of a new plan is a regular part of Council’s commitment to continued effective, efficient regulation of the industry and consumer protection. While RECA has closely watched the situation in B.C., to position its newest Strategic Plan as a direct response to or as a result of events in B.C. is off-base. Through its 2016-2020 Strategic Plan, Council will continue to build on the foundation from 20 years of self-regulation for Alberta’s real estate industry professionals.
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