Yes. Just like a Seller can represent themselves, so can a Buyer. In Ontario, REALTORS® usually work with Buyers in one of 2 ways. The most common relationships are “client” and “customer”, but other options may be available in the marketplace. A Buyer’s Representation Agreement acknowledging a Client relationship is ...
Continue ReadingWhen you suffer damage to your property or its contents, you expect your insurance company to help you out. And, most do a good job of doing just that. Still, it’s a good idea to review your policy with your insurance advisor and find out what’s covered and what isn’t. ...
Continue ReadingWhen you are looking to buy or sell a property or business with a registered real estate salesperson or broker, you may be asked to sign a buyer or seller agreement. Simply put, a buyer’s representation agreement is a contract signed between a prospective real estate buyer and a real ...
Continue ReadingCan You Work With More Than One REALTOR® in Ontario? Yes, it may be possible to work with more than one real estate agent in Ontario. However, whether you should — and whether you are free to do so — depends largely on the representation agreements you have entered into ...
Continue ReadingAs 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 ...
Continue ReadingMost consumers have a general idea of what they expect from a real estate agent. A seller may expect advice about pricing, marketing and negotiations, while a buyer may expect help identifying properties, evaluating opportunities and preparing an offer. Commercial and investment clients may require assistance with leasing, acquisitions, due ...
Continue ReadingNot every real estate transaction requires the same level of advice, analysis or professional involvement. Some transactions are relatively straightforward, while others involve significant financial commitments, contractual obligations, operational considerations and risks that may continue long after a property has been purchased, sold or leased. That distinction can also influence ...
Continue ReadingThe 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 ...
Continue ReadingWhen mortgage rates begin to decline, it is understandable that prospective homebuyers may consider waiting. The reasoning seems straightforward: if borrowing becomes less expensive in the future, waiting for another rate reduction should make the eventual purchase more affordable. But real estate affordability is determined by more than the mortgage ...
Continue ReadingA 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 ...
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