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Is It Okay to Have Multiple Real Estate Agents?
Can a buyer work with multiple real estate agents? Yes, a buyer can work with multiple agents as long as they don’t have a written exclusive (buyer representation) agreement with an agent or an agreement for same services from multiple REALTORS®. The most common service agreement would state that a buyer ...
Continue ReadingWays to Make Your Home Accessible for All Ages
As multi-generational families are opting to live under one roof, homeowners may want to renovate to accommodate this growing demographic. Here are some tips to create an inviting home, while also maintaining universal appeal for all occupants regardless of age. Keep your options open When planning renos, keep your floor plan ...
Continue ReadingMonitoring Devices for Seniors
The 2020s may become known as the decade in which we re-evaluated our homes, and found ways to make them better serve our needs. Part of that assessment has already begun, especially amongst seniors who desire greater independence and want to continue to enjoy comfortable, productive lives in their own ...
Continue ReadingCCHR – Help Stop Discrimination in Housing
The Canadian Centre for Housing Rights (CCHR) is Canada’s leading non-profit organization working to advance the right to housing. For the first 35 years of their existence – from 1987 until 2022 – CCHR was called the Centre for Equality Rights in Accommodation (CERA). The Canadian Centre for Housing Rights is ...
Continue ReadingThe Cure for Cabinet Clutter
When a buyer opens a cabinet door in your kitchen, it’s not an invasion of privacy. The buyer simply wants to get a sense of the available space. So, you can expect some buyers to explore cabinet space, especially in your kitchen and bathrooms. That’s why making sure cabinet space looks ...
Continue ReadingCommission Rebates May Have Tax Implications
A real estate commission rebate is a portion of the real estate agent's commission that is legally returned to the buyer after closing. This is a legitimate practice in Ontario, overseen by the Real Estate Council of Ontario (RECO), and must be put in writing, often in a Buyer Representation ...
Continue ReadingEscape Clauses : Taking New Offers After Selling Conditionally
Can a home seller consider other bids after accepting a conditional offer? The short answer is yes, but you have to be cautious. A seller can consider additional offers even after signing a conditional offer. This is because the sale is not final and binding on both parties until all the conditions ...
Continue ReadingWhat Do I Need to Know About Putting in an Offer on an Estate Sale?
While buying a home through an estate sale can be like purchasing any other resale property in many ways, there are a few key differences that are important to know. When you come across a property listed for sale, the homeowner is usually the seller. However, if the homeowner has died, ...
Continue ReadingAn Example of the Sales Process of Selling a Business
There are various approaches to selling a business and the following will provide one framework that is typical. The purpose is to help potential sellers understand the process and to assist in the questions you may have as they begin to think about selling their business. Step 1. Preparation Prepare an Introduction ...
Continue ReadingSole Discretion Clauses are NOT “get out of jail free cards”
We are hearing that during this period of interest rate hikes more than one buyer has put an offer in on a property, conditional on financing and/or inspection, and when it came time to waive it they failed to do so. This is even though there was no legitimate reason ...
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