RECA is warning consumers and licensees about a recent scam where a fraudster intercepted legitimate real estate communication, which resulted in a buyer sending their deposit to a fraudulent email address. What Happened During an active real estate transaction, a fraudster gained access to the communication stream between a buyer’s ...
Continue ReadingBuying your first commercial industrial property needn’t be a daunting experience. You just need to have some basic knowledge and overcome the myths surrounding commercial property. If you’ve never purchased a commercial property before, you’ve probably heard the rumours about buying an industrial space. Do any of these ring a ...
Continue ReadingWhile we don’t often think of real estate work as dangerous, it can be. Selling your home – whether you’re downsizing, upsizing, or relocating – is an exciting time. It can also be nerve-racking: not only are you preparing for a move, but you’re also opening your home to strangers, ...
Continue ReadingI just finished a new Home Sellers Guide Book. It’s a collection of how-to’s, checklists, and worksheets to help clients understand what to expect during the real estate selling experience. Click on this link to get a free copy. As a compliance-focused broker, I recommend clients not only understand market ...
Continue ReadingI’m savvy in real estate. I’ve bought and sold three properties over the past six years and know what I’m doing. Do I really need a lawyer? Regardless of how comfortable or how many properties a person has purchased or sold, each transaction is unique and should be approached as ...
Continue ReadingMillions of Canadian homeowners are facing mortgage renewals in the coming years, with many feeling stressed as they prepare for higher payments amid persistently elevated interest rates. An estimated 2.2 million mortgages have either come up for renewal in 2024 or are set to renew in the coming year, ...
Continue ReadingLike other professionals, a REALTOR® is as good as the information at his or her disposal. The Multiple Listing Service® is a co-operative system used by REALTOR® Members of Canada’s real estate boards. It is different than the consumer websites realtor.ca and listings.trebhome.com, which offer a brief description of most ...
Continue ReadingAfter a tenant completes a one-year residential lease, can a landlord legally require them to sign another fixed-term agreement or vacate the property? Short answer (in Ontario): No — the tenant does not have to sign another one-year lease, and the landlord generally cannot require them to move out just ...
Continue Reading1-Working with a professional provides peace of mind. REALTORS® adhere to a strict code of ethics, are insured and are committed to ongoing education. They have intimate knowledge of sales and trends in the local marketplace and their knowledge of contract law also ensures the paperwork is handled correctly. 2-Get ...
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