In addition to the basic Information Guide for consumers, there is an another Information Guide when it comes to self-represented parties under TRESA, 2002: Information to self-represented parties 13.1 (1) If …
Information Guide – TRESA Legislation
It is important to look at the legislation under TRESA, 2002 which outlines the requirements for the Information Guide: “Information guide 13. (1) The registrar shall prepare an information guide and …
How Long have You been Licenced?
The correct answer is “zero”. You have never, ever been licenced in Ontario to practice real estate. You may have a driver’s licence, a fishing licence or a hunting licence, …
TRESA: Services as Outlined by RECO
Under consideration at the present time is the description of real estate services that should be outlined in the Listing Agreement and the Buyer Representation Agreement. Here’s a reference to …
TRESA: Unprofessional Conduct
The new provision under TRESA states as follows: “Unprofessional conduct, etc. 2. A registrant shall not engage in any act or omission that, having regard to all of the circumstances, would …
TRESA: Services Provided to Seller
Under the TRESA legislation there is a reference to the services provided to a client and the corresponding representation agreement. Specifically, TRESA (Regulation 567/05) states as follows: “Contents of …
TRESA Code of Ethics: Fraud and Misrepresentations
Now that the TRESA Code of Ethics is in force, there are some changes. Let’s look at a few of the provisions. Fraud and Misrepresentations The Old Code stated: Inaccurate …
TRESA: Hold onto that SRP Badge!
You are a real estate agent and you are looking to increase your business. You host an Open House for your client at 123 Main Street. Along comes Jeff, and …
Can You Show a Property to a Self-represented Party?
Good question! That’s important because under TRESA, a registrant cannot provide services to self-represented parties. But, that’s limited to a “trade”. Other than that, no one cares! Once we move …
TRESA Code of Ethics: Best Interests Obligation
Now that the TRESA Code of Ethics is in force, there are some changes. Let’s look at a few of the provisions. Best Interests The Old Code stated: Best interests …