Question: Scenario: commercial property acquisition and you are representing the buyer. Seller agent does not disclose she is related to the seller until after the sign back. Conversations between agents …
Is a BRA which Omits the “Brokerage” Enforceable? (Ontario)
Question: The client wants out of the BRA. I looked at it and it doesn’t include the name of the Brokerage. Is that enforceable? Answer: It is quite possible to …
Lawsuit for Seller’s Run Around (Commission is Owed)
Question: I received a full price offer on one of my listings and my Clients, the Sellers turned it down. Then, they let the listing expire. I had some suspicions …
Oil Spills and Fires: Disclosure (Ontario)
Question: What kind of disclosure would you provide if listing a property that had a small vs large scale issue? For example… oil tank leaked. Does seller disclose minor leak …
Signing For a Client
Question: From time to time, I see agents sign on behalf of their Clients. Is this appropriate? Answer: I think there is a distinction among the agents who might reasonably …
What Should you Sign First BRA or WWR?
Question: What should you sign first the BRA or the WWR? Answer: The BRA is the Buyer Representation Agreement and the WWR is the “Working with a REALTOR” document BRA …
Customer Service Notices and Receipt
Question: Could or should “Authority to give and receive notices” on behalf of Seller Brokerage’s customer (seller is customer of listing brokerage), or alternatively on behalf of Buyer Brokerage’s customer …
Hourly Compensation For Agents
Question: May I be compensated on the basis of an hourly rate for my services? Answer: Yes, set out below on the sections that apply to compensation. Nothing restricts hourly …
Words “I have authority…” What if they are Missing? (Ontario)
Question: If someone signs for a Corporation, they will usually add: “I have authority to bind the corporation”. What happens if they miss that? What if they refuse to add …
Listing Agent Should Share Sales Information with Buyer Client
Question: I am the Listing Agent and I have a buyer asking me for the previous sales report? Am I doing the sellers a disservice if I give them the …