You mean you don’t even know who your own client is? Many real estate agents simply don’t know. They don’t care, and they don’t bother to inquire. All of that …
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 …
Buyer Representation 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 …
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 …
Termination Clauses Under Agency Appointments (Part 2)
It is important to be aware of the following provision in the new TRESA legislation: “Multiple representation 22. (1) A brokerage shall not represent more than one client in respect …
Termination Clauses Under Agency Appointments
It is important to be aware of the following provision in the new TRESA legislation: “Multiple representation 22. (1) A brokerage shall not represent more than one client in respect …
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 …