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 …
Information Guide Explained #4
Listing Agreements ab Buyer Representation Agreements This section is entitled “Signing a contract with a real estate brokerage”: “When you become a client, you sign a representation agreement with the …
Information Guide Explained #3
The Self-represented Party (SRP) This section is entitled “Know the risks of representing yourself”: “If you are involved in a real estate transaction and are not a client of a …
Information Guide Explained #2
The Role of a Real Estate Agent This section is entitled “Working with a real estate agent”: “Agents in Ontario must be registered, which requires completing the necessary education, and …
Information Guide Explained #1
The following sets out the first page of the RECO Information Guide: “About this guide You have received this guide from a real estate agent because: • you are considering …
Information Guide – for Self-represented Parties under TRESA
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 …
Customers Are Gone
There’s no such thing as “Customers” anymore. Customer Service under REBBA, 2002 continued until 30 March 2024, that’s assuming that you had such an arrangement in place prior to 1 …