Buyer’s Agent Fronts the Deposit

Question: I had a long listed listing up and finally sold conditional. Then, I found out the Buyer’s agent is actually fronting the deposit of $10,000.00 Answer: The Buyer’s agent …

Rural Risks: Water and Sewage

I thought that everyone knew this, that’s the reason why most people live in the City. Rural life has its charm, but there are always issues with both water supply …

No Deposit: Agent’s Responsibility

If the purchaser fails to deliver the deposit, whose responsibility is this? What is the role of the agent? The Real Estate Council of Ontario (RECO), the regulating body for …

The Unprofessional Advertisement

The agent ran an ad that cost $8,000.00! That’s a lot of money for a local ad running in a Periodical. Well, that was the Fine not really the cost of the …

Air Conditioners For Everyone!

Avoid Discipline Charges Free air-conditioners all at the realtor’s expense. And, you might wonder why? It’s very simple. The agent said central air was included. Only one little problem, the …

Complaints About Real Estate Agents

There actually is a list. RECO has compiled a list of complaints made to it about real estate agents. Here’s an excerpt from the 2022 Annual Report: “TOP COMPLAINTS Registrants …

Lockbox Light

This is another Lockbox case. The code was given by the Buyer’s agent to the Buyer and the agent didn’t attend or accompany the client. Decision: Breach: Fairness, honesty, etc. …