RECO Discipline The Listing agent allowed an incredible number of people to book showings, such that it was difficult to manage. There were several groups booked for the same showing …
Break and Enter without Masks
RECO Discipline This time we are looking at Covid issues as well as the fraudulent release of the Lockbox Code. The prospective Buyers went in on their own, without masks. …
Lockbox Serial Disorder
RECO Discipline This time there are numerous offences. The real estate agent acting for a husband and wife as prospective Buyers, provides them with the lockbox codes and they go …
Slap on the Wrist for Bank Fraud
RECO Discipline A real estate agent worked at a Brokerage in which one of the other agents happened to be a mortgage broker as well. But, this person is prepared …
Buyer’s Agent Missed the Solar Panels
RECO Discipline A property was listed with the following reference: “Income Generating Solar Panels”. No additional information was provided about the Lease or Panels. Solar Panel Lease Portion of the …
Agent Sues in Small Claims Court for Commission
RECO Discipline The Seller of a property utilized the services of an agent to list and sell his property. That took place but ultimately the deal fell through and the …
Another Lockbox Case
Discipline Buyer’s agent Date: 29 September 2020 Decision: August 31, 2022 Contrary to: 3 Honesty and Fairness 39 Disgraceful, Dishonourable, Unprofessional Fine: $5,000.00 pay before 11 November 2022 …
Toronto and GTA Markets in December 2022
GTA REALTORS® Release December Stats TORONTO, ONTARIO, January 5, 2023 “The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability …
Market Indicators – 6 January 2023
Commercial Bond Yields CMB 5 Year – 3.72%*EST. CANHOU 06/15/28[+0.07%] 10 Year – 3.76%*EST. CANHOU 06/15/33[+0.05%]* denotes interpolated rateGoC5 Year – 3.40%CAN 09/01/27[+0.06%] 10 Year – 3.24%CAN 06/01/32[+0.04%] 15 Year – 3.30%*Est. 12/01/36[+0.03%] 20 …
Lockbox Disclosure: Apology and Gifts
RECO Discipline This is another one of those cases, nothing special here. The Buyer’s agent gave the lockbox code to his Buyers, This came out when the Sellers confronted the …