“TREE SAH” This is a List of Topics that I have written about concerning TRESA, indexed by various subjects: General TRESA: How Do You Pronouce it? Agency Who is Your …
TRESA TOPICS
TRESA TOPICS This is a List of Topics that I have written about concerning TRESA. It starts from the most recent to the earliest:TRESA: Phase 2 Implementation “when does it …
Designated Agency and the “Mentor” under TRESA
TRESA will authorize “Designated Agency”. That will be fine and save some significant conflicts of interest. The appointment is made by the Brokerage. The Brokerage appoints Bob to act on …
REBBA 2002, Related Parties Defined
From time to time the issue of “related parties” arises. There is an obligation upon real estate agents to disclose a direct or indirect interest in a real estate transaction. …
Are you related to my cousin Vinny?
Related Parties under REBBA Are you related to cousin Vinny? Well, you were until 31 March 2006 and now you’re not. That’s the “correct” real estate answer! Who are you …
Dual Agency: Resolved
There are certainly some problems with dual agency, the most critical of which is the inherent unresolvable conflict of interest. But, even if it cannot be resolved, perhaps a suitable …
Who is Your Agent under TRESA?
Interesting question! It always used to be “the Brokerage”. The correct answer under TRESA would be: 1) “the Brokerage”, as above, or 2) the “Designated Agents”). Brokerage Representation This is …
What Title Can You Use?
What description or title can you use if you are in the real estate business? It used to be “Salesperson” etc. or “Broker” if you took a few additional Courses. …
TRESA: How Do You Pronouce it?
There is a new Trust in Real Estate Services Act, which updates and replaces the Real Estate and Business Brokers Act, 2002. The new Act will govern the activities of …
Pre-emptive Offers and Notification
Question: If on a listing, the Listing Agent has mentioned that they are taking offers on X date and time but Sellers have the right to take/review any preemptive offers. …