Multiple Representation: When Do You Sign?

Previously, in the Confirmation of Cooperation and Representation (CCR) it was last minute after everything had already gone wrong. Now, we have two new documents, the full explanation and informed …

Multiple Representation: New Forms

Question: Forms 325 and 326. At what point are you getting these forms signed? Answer: Finally, we have some real appreciation of the conflicts that arise with Multiple Representation. Previously, …

Termination Clauses for Listings

It might be wise to adopt a simple approach to terminations. Rather than adopt the risky OREA clauses, why not something simple and straightforward. Leave it out completely That’s about …

Termination Provisions: TRESA

The new TRESA legislation deals with requirements of agreements. Regulation 567/05 includes the following: Contents of written agreements 13.4 (1) A brokerage shall not enter into a written agreement with a …

Listing Agreements: Schedule “A”

An issue that has arisen recently is the matter of referencing certain matters in a Listing Agreement. RECO said that you should have a Schedule “A”. OREA prepared a Schedule …

Creation of Implied Agency

Question: Can a buyer client create an Implied Relationship? Answer: With your question, right at the outset you referred to the buyer as a “client”. So, that’s it right from …

Working with a Realtor FORM

This document which was initially intended to explain agency has now been eliminated in its entirety. It was helpful in documenting the time when agency actually commenced. The Consumer selected …