Commission Release Obligations

A common question among sales representatives is how soon a brokerage must release commission after closing a deal. Many believe there are strict RECO guidelines setting out a timeline, but …

Real Estate Expert Witness: Case Comments

The following is a short summary of some key points made by Judges concerning real estate expert witness testimony in various cases: Brian Madigan LL.B., Broker www.OntarioRealEstateSource.com

Use of Form 650 for Open Houses

It is possible to use OREA Form 650 for Open Houses, but that was not really the intention when it was drafted. When a Listing Brokerage has no one available …