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 …
TRESA Code of Ethics: Courtesy Obligation
Now that the TRESA Code of Ethics is in force, there are some changes. Let’s look at a few of the provisions. Honesty and Integrity The Old Code stated: Fairness, …
Registrants’ Duties under the TRESA Code of Ethics
Effective 1 December 2023, there is a new Code of Ethics. It’s shorter and deals simply with various ethical concerns. TRESA CODE of ETHICS Matters Involving Integrity, Etc. Integrity, honesty, …
RECO’s Information Guides
RECO will be posting three Information Guides on its website concerning: The purpose is to ensure that the public has some basic knowledge about the industry. When these situations present …