(Ontario) Question: My client went to an Open House yesterday and the Listing Agent told him: “There are 5 offers. If you don’t have an agent, I will represent you …
Submitting Three Offers on 3 Properties at the Same Time
Question: I am a Buyer’s Agent and I have a buyer who has seen 3 houses. He wants to put in Offers on all of them. They are all holding …
Signing the Acknowledgement in Advance
Question: Is it OK to sign the Acknowledgement on standard form OREA Agreements of Purchase and Sale in advance. I have noticed that may agentys do this. It would be …
Multiple representation and customers
Have a look at this Registrar’s Publication: “Ask the Registrar: Multiple representation and customers March 30, 2017 Do multiple representation disclosure requirements apply when you’re representing one client and one …
Does a Buyer Customer Service Agreement Block out a Subsequent Buyer Representation Agreement?
(BCSR vs. BRA) Question: Curious about this scenario: You’re the listing agent and a random lead wants to see the property. So you sign them up with a Buyer Customer …
Real Estate Agent’s Advertising “Specialties” in Ontario
Question: RECO recently published a comment to the effect that registrants could advertise a specialty. I thought this was against the law in Ontario? Answer: REBBA, 2002 used to prevent …
How to Negotiate the Non-Exclusive BRA in Ontario
Question: I got a call this morning from a potential buyer to view my listing. I asked if he had an agent…he said I want you to represent me as …
Agent Locked into “Confidentiality” without a Signed Contract
Consider the following scenario: Bob wishes to sell his house It had been used by Bob’s Tenant to grow Marihuana Bob invites 3 Agents to make listing Presentations The first …
BRA: Wide Reaching ALL of Ontario
Question: I was approached by a Buyer. He signed a Buyer Representation Agreement (BRA), that says “All of Ontario”. Is that legal? The other agent isn’t anywhere near here. Answer: …
Service Choices Alternatives and Avoiding Conflicts
Question: You have a listing, and you are approached by lots of buyers to represent them as the buyer agent, and it’s potentially a multiple offer situation. Do you offer: …