When working with a REALTOR® it is important to understand who the REALTOR® works for. To whom is the REALTOR® legally obligated? The Agency Relationship REALTORS® are governed by the legal concept of “agency.” An agent is legally obligated to look after the best interests of the person he or she ...
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REASON # 1 The numbers are In. Statistics from the National Association of Realtors® prove that homes listed with a licensed full-time agent sell for approximately 26% more than those sold “For Sale By Owner”, even after the commission. Why? Mainly because active agents know the market and what a ...
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Owning a rental property can be a rewarding investment. Many landlords begin by managing their own properties, particularly when they own a single rental home or condominium. Others simply enjoy remaining directly involved in every aspect of the investment. There is certainly nothing wrong with self-managing a rental property. The ...
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One 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, ...
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The 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 ...
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Understanding the New GST/HST Rebates for First-Time Home Buyers For many first-time home buyers, GST/HST on newly constructed homes can represent a significant additional cost during the purchase process. In 2025 and 2026, new federal and proposed provincial rebate programs were introduced to help eligible first-time home buyers reduce the ...
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Well-structured lease and transaction clauses do far more than simply “add legal language” to an agreement. Properly drafted clauses help define expectations, allocate risk, establish operational procedures, reduce misunderstandings, and improve enforceability throughout a transaction or tenancy. From a professional real estate advisory perspective, clause drafting should be approached as ...
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Industrial leasing introduces a vocabulary that can seem unfamiliar to businesses entering the market for the first time. Terms such as Triple Net (NNN), Additional Rent, Permitted Use, and Tenant Improvements appear throughout lease negotiations, yet many business owners understandably focus their attention on the rental rate rather than the ...
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Whether you’re buying your first home, selling an investment property, leasing commercial space, or exploring a real estate opportunity, one of the first decisions you’ll make is how you wish to be represented throughout the transaction. In Ontario, real estate professionals are required to provide consumers with the RECO Information ...
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Many consumers understandably focus on the visible parts of a real estate transaction, such as: showings, offers, negotiations, and closing day. However, meaningful real estate representation often involves substantial: advisory work, analysis, negotiation, compliance, marketing, documentation, due diligence, and transaction preparation long before a transaction closes. Professional real estate advisory ...
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