What's a Buyer Representation Agreement?
Posted on Dec 10, 2018
In Ontario, Realtors use a document called a Buyer Representation Agreement to formalize the brokerage/client relationship. This document will contain the people who are the buyers, the name of the real estate brokerage, term (length) of the agreement, location where the property search will be (eg: ontario, toronto, cottage country) and how the br...
What's a Listing Agreement?
Posted on Dec 10, 2018
In Ontario, to list your property on the MLS, you will likely sign a Listing Agreement with a real estate brokerage.
This formalizes the brokerage/client relationship to list a property. There are 2 options on a Listing Agreement to list the property on MLS or as an "Exclusive Listing" --MLS is what most of us are used to, with other agents/realtors...
How Do I get my property ready to sell in Muskoka?
Posted on Dec 01, 2018
You probably have a not-so-short list of items that you KNOW should be done—finish off the siding, stain the deck, de-clutter, a fresh coat of paint here and there… If you are considering renovations or major work BEFORE selling check with a realtor to see if your plan will actually add value to your property or NOT. Re-shingling a tired roof, upda...
How do I choose a real estate agent to work with?
Posted on Nov 16, 2018
Good question! There’s certainly lots of people out there who want to sell your property, that’s for sure, and Muskoka has no shortage on realtors! Most people can name 1 or 2 agents, but don’t necessarily recommend using those people. Selling or buying a home or cottage is a big deal! Property purchases are usually the most expensive deals you’ll...
Conditionally Sold? Escape Clause? Sold Firm? What does that mean?
Posted on Apr 13, 2018
If you're looking for real estate you have likely contacted a listing realtor and heard that a property on MLS or Realtor.Ca is "Conditionally Sold" or is now "Sold Firm" Also, some conditionally sold properties may have an 'escape clause' as part of the conditions.
When an offer is made on a property, there are often 'conditions' attached to the of...
Should I have a Home Inspection?
Posted on Apr 03, 2018
This question comes up often with Buyers considering an offer on a property. In Ontario in 2016,2017,2018 the 'sellers market' means that many Buyers are competing with other buyers to purchase a property. When there are multiple offers on a property, the conditions (specifically the LACK of conditions) attached to the offer can often determine whi...
