Question:
With respect to real estate brokerage in Ontario, which of the following statements best describes the delegation of an agent’s duties:
a. The listing salesperson is not qualified to sell the property, so he lists it on MLS.
b. The listing brokerage’s duties are delegated to the co-operating brokerage, when the co-operating brokerage represents the buyer who submits the offer
c. The listing salesperson’s fiduciary duties are delegated to the brokerage by the salesperson.
d. The listing brokerage makes an offer of a sub agency to other brokerages
Answer:
“A” is simply a meaningless statement.
“B” Courts have already said that this is not the case.
“C” No, the Brokerage is the “legal agent” of the Seller.
“D” yes, this is possible, but rather rare.
Brian Madigan LL.B., Broker