The concept of dual agency in Ontario is largely focused upon one Sales Representative acting for both the Seller and the Buyer in the same deal. By accident, since the …
Duties and Obligations Owed to Clients, Customers and the Public
It’s important to have a look at the Code of Ethics under the Real Estate and Business Brokers Act, 2002. Some sections apply to clients, some to customers and …
Multiple Representation – Winding it up
Ontario Question: If a problem arises in multiple representation and it can only be resolved by winding it up, would then the Brokerage just end either of their Seller or …
Eliminate Customer Service (REBBA, 2002)
There is no point to customer service at all. Most people don’t understand it and with increased concerns for consumer protection, it should simply be eliminated. It serves no useful …
Calling Back the Offer
Ontario Question: You show your listing to a buyer customer. You prepare an offer. Before you meet with the seller to present the offer, the buyer calls you to tell …
BRA Holdover – Referral Enforcement
Buyer Representation Agreement Question: A Buyer Representation Agreement is signed for three months expiring 31 December, with a 120 day holdover period. The Buyer buys on 2 January. What happens? …
Executing an Agreement using a Power of Attorney in Ontario
Question: How should someone sign who holds a Power of Attorney? Answer: Remember that a POA is a piece of paper, and the person to whom authority was granted is …
Deposit Holder: What is their status?
(Ontario) Question: The Seller has either their Listing Agent, the Brokerage or their solicitor hold the deposit. Are they not both subject to agency laws, such that they have to …
Estate Sale: Who’s the Client?
Sometimes, this is a little more complicated than it would seem. Mary Jones had three daughters: Marie, Cathy and Joan. Marie was just like an extra mother because she was …
The Role of the Organizations in the Fair Rules Business
Assuming that we are to come up with a series of “fair rules” for multiple offers and multiple representation, which organizations should be involved? We have a few to choose …