The single most important matter to consider when you are about to list your property is the “asking price”. How do you determine what it should be? Naturally, every vendor …
Ingredients For a Successful Business
“The Nine F’s” Just about everyone looking to start a business is looking for the ingredients for success, so I thought that I would provide some to you. Here are …
Swimming Pools
Swimming pools can add a lot of fun to your backyard, but when it comes to either buying or selling, there are certain issues that have to be considered. Generally, …
Phantom Offers
The real question is: does the phantom offer really exist! Maybe, and maybe not. A phantom offer, of course, is an offer which is make-believe, it’s imaginary, it’s simply pure …
Multiple Offers
In Toronto’s competitive marketplace, Buyers have to expect that they may be in a multiple offer environment. Basically, this means that their first offer will either be their best offer, …
Buyer’s Agent wants to Lower their Commission
Question: In the case where a realtor wants to put an offer in on a home (not one of their own listings) , and offer a commission reduction to the …
Fire Department and Other Municipal Searches
Question: Does the Seller have to agree to fire department and other related municipal searches? Answer: Yes, they do, in they signed the standard Form OREA Agreement of Purchase and …
Conditional on the First Deal
This is a clause under consideration for review: “This offer is conditional on the failure of the existing, conditional Agreement of Purchase and Sale related to the subject property. The …
Property Managers and Dual Agency
Fundamentally, at common law, there is no such thing as dual agency. To understand agency is to understand that there are certain fiduciary duties owed to the principal by the …
Bully Offers
This is an Offer which includes a short irrevocable date, in a delayed offer presentation format. As listing agents do their best to encourage multiple offers, buyer’s agents are reacting …