Real estate consumers have access to more information than ever before. Buyers can search listings online, sellers can review comparable properties, and both can find market commentary, neighbourhood information and transaction advice within seconds. That access is valuable, but access to information is not the same as professional representation. A ...
Continue ReadingOne of the most common questions landlords ask is: “Do I really need a REALTOR® to lease my property?” The short answer is no. Many landlords successfully lease their own properties every year. The better question, however, is not whether professional representation is required. It is whether the time, responsibilities, ...
Continue ReadingBuying real estate is usually associated with opportunity rather than litigation. Whether someone is purchasing a first home, adding an investment property or acquiring a commercial or industrial facility, the focus is naturally on finding the right property, negotiating acceptable terms and completing the transaction successfully. Fortunately, the overwhelming majority ...
Continue ReadingThe Objective Of Money Laundering When you buy an asset, whether a home or an investment property, you try to get the best value for your time and money. You want a deal. The seller is trying to extract the maximum price they can get from you, without driving you ...
Continue ReadingThe RECO Information Guide is designed to help Ontario buyers and sellers understand how real estate representation works before they receive services or assistance from an agent. Whether you are buying a home, selling an investment property, leasing commercial space or considering another real estate transaction, one of the first ...
Continue ReadingReal estate compensation is often viewed through the final transaction. A property sells, a purchase closes or a lease is completed, and the professional fee becomes visible at the end of the process. That can create the impression that the fee is principally payment for the closing itself. In practice, ...
Continue ReadingReal estate transactions frequently require people to make significant decisions with incomplete information, limited time and competing priorities. A buyer may be deciding whether to waive a condition. A seller may be comparing offers that differ in price, certainty and compensation arrangements. A landlord may be evaluating an applicant whose ...
Continue ReadingMany consumers still assume that working with a REALTOR® means choosing between two extremes: full traditional representation or handling the transaction entirely on their own. That assumption no longer reflects the way many clients want to work. Some buyers are comfortable finding properties independently but want help evaluating value, structuring ...
Continue ReadingMost buyers understand that a REALTOR® can represent them when purchasing real estate, but many are less familiar with the fact that there are several ways that representation can be structured. The traditional full-service model remains common, but buyers today may also encounter cash-back or rebate programs, reduced-service models, self-directed ...
Continue ReadingWhen buyers begin thinking about affordability, the purchase price is usually the number that receives the most attention. That makes sense, because it determines the size of the mortgage, the down payment and much of the monthly carrying cost. The difficulty is that the purchase price does not tell the ...
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