RECO Discipline A property was listed with the following reference: “Income Generating Solar Panels”. No additional information was provided about the Lease or Panels. Solar Panel Lease Portion of the …
Agent Sues in Small Claims Court for Commission
RECO Discipline The Seller of a property utilized the services of an agent to list and sell his property. That took place but ultimately the deal fell through and the …
Another Lockbox Case
Discipline Buyer’s agent Date: 29 September 2020 Decision: August 31, 2022 Contrary to: 3 Honesty and Fairness 39 Disgraceful, Dishonourable, Unprofessional Fine: $5,000.00 pay before 11 November 2022 …
Lockbox Disclosure: Apology and Gifts
RECO Discipline This is another one of those cases, nothing special here. The Buyer’s agent gave the lockbox code to his Buyers, This came out when the Sellers confronted the …
Tricky Moves by Listing Agent
The Listing agent placed the listing on MLS at $799,000 and had some Buyers interested in the property. Two other sets of Buyers surfaced with their own agents. So, Offer …
Listing Agent Withholds Parking Infraction Information From Buyer
A property was listed on October 11, 2016, at $339,900.00.The MLS information stated that the Property had central air conditioning, 4.0 private double wide/asphalt, gravel drive. The deal: October 13, …
Listing Agent Failed to Investigate: It was a Non-Buildable Lot
RECO Discipline There were two agents at the Brokerage. One was senior with a good deal of experience. They both took on the listing of a property which was: Vacant …
Agent Provides Lockbox Code to His Wife
Agent Provides Lockbox Code to His Wife The real estate agent sent his wife, who was not registered along with a prospective Buyer to show a property. During Covid, the …
Listing Agent Fails to Disclose Building Inspector’s Concerns
Blocked attendance: RECO Discipline We looked at this case from the Buyer’s agent perspective where RECO assessed a $6,500.00 fine. This matter involved the Listing agent. On the MLS listing, …
Release of Lockbox Code to Buyers Directly
RECO Discipline RECO released a discipline decision on 22 September 2022. The Buyer’s agent released the lockbox code directly to the prospective Buyers. This was just a “showing” of the …