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Canadian Realtor Fined $3,000 for Anti-Transgender Social Media Posts

Canadian Realtor Fined $3,000 for Anti-Transgender Social Media Posts

by Phil Hall | Jun 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada’s Saskatchewan Real Estate Commission has fined a Saskatoon realtor $3,000 and issued an official reprimand for making hostile comments about transgender people on social media. According to a CBC report, Murray Kurtenbach of Century 21 Fusion published posts...
Nesto Acquires CMLS Group, Creating Canada’s Largest Tech-Enabled Lender

Nesto Acquires CMLS Group, Creating Canada’s Largest Tech-Enabled Lender

by Phil Hall | Jun 21, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Montreal-headquartered Nesto has acquired CMLS Group, Canada’s third-largest mortgage finance company. The financial terms of the deal were not disclosed, although the companies stated the transaction was supported by investments from Diagram Ventures, Portage,...
Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady

Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady

by Phil Hall | Jun 20, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Switzerland’s central bank enacted its second interest rate cut of the year while the Bank of England opted to hold rates at their current level. The Swiss National Bank slashed its key interest rate by 25 basis points to 1.25%. In March, Switzerland became the first...
Survey: Most European Renters Lack Funds for Down Payments

Survey: Most European Renters Lack Funds for Down Payments

by Phil Hall | Jun 19, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nearly two-thirds of European renters (64%) said they lack the funds for a down payment on a home, while more than half (58%) don’t believe they can save enough for a down payment over the next three years, according to a new survey released by Adevinta, an online...
New Zealand Real Estate Agent Faces Revoked License for Refusing Indigenous Values Training Course

New Zealand Real Estate Agent Faces Revoked License for Refusing Indigenous Values Training Course

by Phil Hall | Jun 18, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A New Zealand real estate agent has gone to court to fight a government regulator’s requirement that she take mandatory training related to the nation’s indigenous Māori values. Radio New Zealand reports that Auckland-based Janet Dickson could face a five-year ban...
Listing Recommends Buyers Bring a Hazmat Suit for House Tour

Listing Recommends Buyers Bring a Hazmat Suit for House Tour

by Phil Hall | Jun 14, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

There is honesty, and then there is brutal honesty, and then there is Ash Swarts, a sales consultant with Australia’s O’Neil Real Estate who authored a listing for a home in the Perth suburb of Kelmscott. According to the Daily Mail, Swarts’ listing acknowledged the...
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