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 …
You Are Not Allowed to Chase the Seller’s Lawyer (TRREB)
Question: We are the Co-operating Brokerage. No commission check shows up. The Sellers’ lawyer won’t return calls. Is the listing Brokerage still responsible to pay the cooperating Brokerage portion of …
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 …
Just What is Offer Registration? (Ontario)
Question: Registering an offer….Do you consider a text or email from another Realtor stating “I have a signed offer for your listing” to be registration of an offer, even if …
The Long Lasting BRA, is it Enforceable?
Question: I was just approached by a potential Buyer in my area. He signed a BRA with a 31 December 2022 termination date. The Buyer was very upset when we …
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 …
What would you do, if you received an Offer with this Warranty?
Question: You are the Listing agent. What would you do, if you received an Offer with this Warranty? How would you advise your client? “The Seller warrants that, to the …
Agent Says “You Can’t Keep Me Out – If Necessary I’ll Break In”
This is a RECO Discipline case, and as crazy as it may sound it’s true. You just can’t make this stuff up. The Buyer’s agent was obviously anxious. He had …
Disclosure of Unrepresented Buyer in Competing Offer Situation
There is actually an additional disclosure that is required to be made in a Competing Offer situation which is often overlooked. If a Buyer is not represented by a registrant …