CIR Realty Business Mastery

Real Estate & Business Update – Week of June 20/2016

Here is this week’s real estate and business market update for Central and Southern Alberta, including Calgary, Red Deer, Sundre, Cochrane, Strathmore, Okotoks and Airdrie

The Differences with the RMS versus CREB Measurement Rules

RECA considers May 18, 2016 as the start date that all listings must be measured using the new Residential Measurement Standards (RMS). CREB has maintained their measurement guidelines for MLS® listings and has stated that all listings must be measured by the CREB guidelines for the Total Area in Matrix. In order to comply with the RMS rules, you must disclose in the Public Remarks what the measurements are based on RECA’s criteria (RMS =___ft2). This means you...