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, …
Designated Representative Listing Patch for 2025
OREA updated Form 271 for 2025. In 2024, the document said: “The Listing Brokerage agrees to market the property on behalf of the Seller and represent the Seller in an …
Be Careful Using Form 108
There is an opportunity under the new TRESA Legislation to share the contents of various competing offers if the Seller wishes to do so. Some Buyers may be opposed to …
Notices Patch
There are several choices to use something short and simple. Here’s the standard provision: “NOTICES: The Seller hereby appoints the Listing Brokerage as agent for the Seller for the purpose …
Communication Delegation
John Smith is a Buyer and he wants to buy Mary Jones’ house. He has an agent Bill Brown who works for ABC Brokerage. Mary also has an agent, Wilma …
Related Parties: Disclosure to Whom?
There’s an OREA Form 160 which is used for related party disclosure. The problem is that it is often used frequently to disclose situations which do not require disclosure. Bob …
Designated Representatives and the Agency Appointments
With the new TRESA legislation coming into force on 1 December 2023, a number of changes were made to the practice of real estate. For agency appointments, there are now …
Designated Representation Agreement Change in Schedule “A”
You will need to make this change until OREA amends the Forms. “The paragraph following paragraph #15 shall be deleted and the following shall be substituted therefore: “The Listing Brokerage …