TRESA, is going to be the New Real Estate Act on December 1st 2023.
Under TRESA registrants must not provide any person with access to real estate unless: a registrant is present with the person, or the owner of the real estate has consented in writing to the person having access without a registrant being present.
TRESA applies to all Licensed Agents – including all Agents with ‘Parked Licenses’ included.
It directly impacts how Agents interact with Buyers and Sellers. Agency is in the forefront of some of the changes. TRESA (when in effect sometime in 2023) has redefined Agency to either a Self-directed Party or a Client.What has not changed is, if you have parked your License, you are still licensed to conduct transactions and Trade in Real Estate across Ontario.
Our Brokerage – Our Leadership – Our New Vision
Post Covid, we have decided to explore and add Real Estate Services to all the under represented areas of Real Estate. We will be expanding our operations all across the Province of Ontario.The general thinking of having Cloud-based Real Estate Operations is a Reality. Toronto Real Estate Realty is a new Cloud-based Real Estate Brokerage offering customized solution to Realtors, Buyers and Sellers in Ontario.