Question: If a realtor is spreading unkind or derogatory remarks about a-non realtor in her community is she subject to any recourse through RECO? I believe we are not to …
Agent’s Failure to Co-Operate with Investigation
You might think that if an agent received a letter of complaint against him from his governing body that he might be inclined to respond. After all, they have the …
Let’s Monkey with Your Deal!
That doesn’t seem to be very nice. Why would an agent want to do that? Easy! Self-interest, otherwise, they wouldn’t be bothered. So, here’s what happened. Bob Jones a real …
Real Estate Agents at Risk of Fine for Assisting Non-Canadians
There is a new Act, the “Prohibition on the Purchase of Residential Property by Non-Canadians Act” which will have an impact upon real estate transactions. Starting 1 January 2023 and …
RECO Discipline: Holdover Clauses and Agent Liability
The Real Estate Council of Ontario considered a case involving a holdover clause. Mr. Jones a sales representative with ABC Brokerage had a listing on a property from 19 November …
Phantom Offers
The real question is: does the phantom offer really exist! Maybe, and maybe not. A phantom offer, of course, is an offer which is make-believe, it’s imaginary, it’s simply pure …
Agent Concealing Listing and Offer
RECO Discipline This is a rather unusual case that came before the Discipline Committee of the Real Estate Council of Ontario. Here are the allegations of impropriety concerning the agent : 1. …
Real Estate Agent: Keeping Relatives Secret
Multiple Representation This could present something of a problem! And, recently it did for an Ontario real estate agent who thought that it would be best if he failed to …
Theft by a Real Estate Agent: Penalty
Agent took own CMA You might wonder what would prompt a real estate agent to steal from a home. By the way, the defence “I was just getting my own …
Misguided Discipline Decision Thwarts Fiduciary Duties and Contract Law
A rather interesting Discipline Decision was recently released by RECO. Obviously, the Regulator wants everyone to “play nice in the sandbox”, after all we are “Canadians”. The only problem is …