Gina Athanasiou
7.8K posts
Gina Athanasiou
@agentgina1
30-year data-driven real estate pro. No patience for hype, bad advice, or unprofessionalism in my industry- I’m not a saint. I’m not an angel. I’m a human being
Toronto, Ontario Katılım Eylül 2015
321 Takip Edilen5K Takipçiler
@agentgina1 @VasCityEstates The people are dying for a Gina TikTok. Even if you just start a baking channel!
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Are Realtors still sharing Bank of Canada rate decisions? Or is that a thing of the past?
Either way, they held.
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@rob_siglio @VasCityEstates Are we still posting? Pulse check 😂
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@deeb_nina @RECOhelps Apologies from the CEO but the registrars department was and remains untouchable. The said communication was meant to be internal between the Registrar, the Director, the supervisor and the investigator…. Speaking about why they will not enforce the act in my situation.
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@RECOhelps Registrar was under the supervision of RECO’s CEO until legislation amendment in 2009. No one was watching the Registrar @stcrawford2 regarding iPro for nearly 3 months @shanedingman @RakocevicT @CPBH01
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Gina Athanasiou retweetledi
@loveurhome @RECOhelps CEO Michael Beard stated there was no conflict with the Steinfelds. So, why did RECO remove that video from their website this week?
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@FinEconGlobal Let’s be real… it’s magical no matter the time of year 😜
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@ManyBeenRinsed What an absolute disaster. I can't imagine a Board of Directors claiming to be innocent victims of their complete lack of oversight & then not realizing they all needed to immediately resign. Oversight was their only job & they failed miserably. 🤣
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🇨🇦 BREAKING: Government under investigation for real estate corruption takes control of real estate regulator.
… after the regulator failed to look into allegations of um… abrupt retirements? 😬
Statistics don’t lie: 🇨🇦 has no corruption—just like North Korea. 🤷♂️
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The irony of this response from the RECO registrar about conflict of interest on his part and his department is nothing short of comical given the iPro scandal and Dentons audit. Dig and you shall find…
reco.on.ca/getmedia/f9d52…
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Gina Athanasiou retweetledi
@corruptario @RECOhelps registrar Joseph Richer should be charged. He made the decision on the iPro Case in 21 minutes on May 19th at 7:29 pm - before reviewing any evidence. He put his “pre-emptive decision” in an email @katiesteinfeld
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Some of us have been trying to get the Ministry to act for a very long time… self regulation is not regulation. No oversight and no accountability for years created this mess. Now the government is stepping in… too little too late for many
Stephen Crawford@stcrawford2
Today I issued a formal letter to the chair of the board of the Real Estate Council of Ontario. Following my review of the Dentons report on RECO’s handling of the iPro matter, I have notified RECO’s Board of my intention to appoint an administrator to restore public confidence and protect consumers. We will take decisive action to ensure accountability and to protect Ontarians who count on our real estate sector.
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Gina Athanasiou retweetledi
2025 listing strategy:
List at $1.3M, get no showings or offers.
Drop price to $999k, get multiple showings and multiple offers.
Accept none of the offers.
Waste a bunch of people’s time learning the market value of your home and decide not to accept reality.
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Gina Athanasiou retweetledi
Sounds like a texbook case of regulatory capture: regulator captured by the regulatee. @stcrawford2 @fordnation @OntarioAuditor
thestar.com/business/missi…
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Gina Athanasiou retweetledi
@GayleDudeck @CPBH01 @dagenais_brian @shanedingman @TDotResident @RakocevicT @RECOhelps @katiesteinfeld Not all realtors are in the commission business. Some of them are in the business of redistributing the commissions of others to the non-earners. The non-contributors.
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Gina Athanasiou retweetledi
Gina Athanasiou retweetledi
The iPro situation might sound like a "one-off," but cutting deals with Trust Fund abusers isn't a new thing for RECO. Back in Oct 2024, this guy kept his license, agreed to close his Brokerage & not open another Brokerage for 2 years. He got a suspended sentence.🤣
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@vxPreetiSharma It’s not that difficult… most schedules I’ve seen include a variation of the following:
…the parties to this agreement of purchase and sale acknowledge and agree that the Brokerage shall be entitled to retain any interest earned or received on the deposit …
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@agentgina1 I am sure there are other variations, but this is what I mostly see.
I'm not saying I don't believe it's happening. I just cringe at the paper trail required to make sure you are compliant
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In Ontario, brokerages hold large sums of cash for purchase deposits and realtor commissions in interest bearing bank trust accounts. Don’t be surprised if brokerages come out in support of keeping RECO instead of dismantling it… the benefits for them are substantial.
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Exactly this 👇
Barbara Captijn@ReformTarion
The Ministry PBSDP has repeatedly told consumers "we can't intervene in the operations" of delegated authorities such as Tarion, and HCRA. This makes no sense. Effective oversight of these government agencies means active involvement by the ministry. Laissez-faire or "get a lawyer" is not effective regulation. @stcrawford2 @fordnation @RECOhelps #onpoli
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@vxPreetiSharma Statutory rule:
Under Section 27 of TRESA, unless there is a written agreement stating otherwise, any interest earned on trust deposits belongs to RECO, not to the brokerage or the client
We have a little mandatory schedule from the listing brokerages when we do an offer…
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