Real Estate Terminology Changing in Toronto Market
People across the globe are spending more time now than ever before familiarizing themselves with real estate. With homes selling at well over asking prices around markets across most of North America, potential sellers and buyers are searching for real estate as often as they check the evening news.
This sentiment also rings true in the Toronto, Canada market. Homes are selling quickly, and for high asking prices in the city. However, one thing that will soon be different in Toronto Real Estate is the name of one of the most standard rooms in a home.
For years, the main bedroom in the home has been called the master bedroom. As reported in infotel.ca, the ‘master’ bedroom will soon be referred to as the ‘primary’ bedroom.
The room’s name change comes when evolution in how we speak to each other and treat one another is at its most important.
Toronto isn’t the only market making the change. In fact, in October of 2020, the Canadian Real Estate Association made the change on realtor.ca. The change came after a message from the Real Estate Standards Organization’s Chief Executive, Sam DeBord.
“Concerns about potentially derogatory connotations have caused some groups to push to change the ‘master’ terms. While use of this terminology by real estate professionals has been reviewed and cleared of discriminatory violations …
consumer and professional concerns have remained, prompting some marketplaces
to use alternatives.” (CTVNews)
TRREB’s changes have yet to be made official, but many realtors and those in the business are already using the terms themselves to make the home-buying process more comfortable.
One such agent, Asha Forrester of Royal LePage Estate Realty, thinks the decision is a positive one.
“It’s about time this was brought to light. I think for people’s perceptions to change, our narrative and our language needs to change too.” (BNNBloomberg)
If others are still using ‘master,’ Forrester replies with ‘primary,’ explaining her reasoning by saying the following.
“It’s just a good step to start correcting people when they do use that.” (BNNBloomberg)
Infotel.ca reported the change in TRREB’s language would apply to all entries on TRREB.ca, on its platform where forms are shared with clients from realtors, and to all entries in the Multiple Listing Service system.
While the change may seem like a small one, it’s essential to take those steps. Home buying is an exciting time for everyone, and ensuring that any client you come across and any realtor is comfortable in every step of the process is of utmost importance.
The Canadian Press first reported the changes on April 14th of this year, so buyers, agents, and others in the real estate market can expect to begin seeing the terminology change roll out in the weeks and months to come.