Effective 1 December 2023, there is a new Code of Ethics. It’s shorter and deals simply with various ethical concerns. TRESA CODE of ETHICS Matters Involving Integrity, Etc. Integrity, honesty, …
Registrants’ Duties under the REBBA Code of Ethics
There are certain duties and requirements imposed upon registrants. Here are the primary ones under the existing Code: Existing Code of Ethics (REBBA) Fairness, honesty, etc. 3. A registrant shall …
Fees Charged to Self-Represented Parties under TRESA
It has been proposed and discussed that a fee of some nature be charged by a Listing agent or a Buyer’s agent to the Self-Represented Party (SRP) for services like …
RECO’s Information Guides
RECO will be posting three Information Guides on its website concerning: The purpose is to ensure that the public has some basic knowledge about the industry. When these situations present …
Information Guide from RECO concerning Self-Represented Parties
It’s getting a little close to the TRESA Phase 2 commencement, and the RECO Information Guide is still “coming soon”. This could be a separate and distinct document or perhaps …
Information Guide from RECO concerning Designated Representation
It’s getting a little close to the TRESA Phase 2 commencement, and the RECO Information Guide is still “coming soon”. This could be a separate and distinct document or perhaps …
Information Guide from RECO for Consumers
It’s getting a little close to the TRESA Phase 2 commencement, and the RECO Information Guide is still “coming soon”. So, here is the actual legislation covering this General Information …
Justification for Multiple Representation
This was an article published several years ago, when “multiple representation was under review in many jurisdictions throughout the United States. It now is topical, in Ontario, since it still …
Disclosure Documentation for Known, Latent, Material Defects under TRESA
We all know that there is a brand new obligation arising under TRESA, and that is the disclosure of known, latent, material defects by the Listing agent. This is not …
When do you have to explain TRESA?
The answer is NOW! You don’t wait until 1 December 2023. That’s if you are entering into any kind of an agreement with anybody. If you have no one at …