Brokerage #1 has been selected for the Listing, but the area is rather remote and Brokerage #1 is not interested in in attempting to secure or develop more business in …
Open Houses Hosted by another Brokerage
Question: Can someone from another brokerage do an open house for you? Answer: This has been the case for 30 years. There are no recent changes and nothing to do …
Seller wants New Agent
Suspended Listing Question: The Owner has suspended his listing with Agent A and no longer wishes to work with him. He is now interested in working with Agent B. However, …
Agent: Acting for a Buyer
Question: RECO said that if you hold a personal interest, related to your seller or hold any interest in a corporation, you cannot represent a buyer if you are listing …
Is Real Estate Local?
Not really, most of the value, pricing and amenities associated with real estate is available generally. It’s not “local”. It’s published on the internet. If you use Google, then, you …
Listing Agent as Seller and Buyer Agent
As agents listing our own properties: 1) is there any reason we aren’t allowed to work with an SRP? Answerr2) To protect myself from E&O, should I list with a …
Review of RECO’s Information Guide by Brian Madigan
By Brian Madigan The Information Guide produced by RECO for Consumers is reviewed by myself in this article. Most of the document is the “word for word”, Information Guide, except …
Information Guide Explained #7
Complaints This section is entitled “How to make a complaint”: Brokerage firms and real estate agents working in Ontario must be registered with RECO. Ontario brokerages and real estate agents …
Information Guide Explained #6
Sharing Offer Content This section is entitled “A note about content of other offers”: “You may have seen articles in the media about open bidding, or an open offer process. …
Information Guide Explained #5
Multiple Representation This section is entitled “Understanding multiple representation”: “Multiple representation means a designated representative or brokerage represents more than one client, with competing interests, in the same transaction. This …