Insurance Protecting your deposit

When you work with a registered real estate broker or salesperson, your deposit is protected subject to the terms and conditions of the insurance policy.

All brokers and salespersons are required by law to participate in an insurance program that includes consumer deposit insurance.

The coverage that protects your deposit is available under the insurance program at no cost to you.

Marijuana grow houses what are the signs

Most home buyers tend to focus on what they can see: bright, open spaces, attractive finishes and a nicely landscaped yard. But a home’s striking appearance could be concealing the damage of a former marijuana grow op.

Commissions and fees charged by the brokerage 1

Arrangements can vary. Commission and fee arrangements come in three forms:

    • A fixed amount
    • A percentage of the sale price
    • A blend of a fixed amount plus a percentage of the sale price

buying-a-condo

The short answer to this question is that buying a condominium (condo) involves a number of special considerations you won’t encounter when you purchase an ordinary detached or semi-detached home, and you should be aware of them before you make an offer.

 

 

Buyers-Representation-Agreements

When you are buying your home, a real estate broker or salesperson may ask you to sign a representation agreement. A representation agreement defines the nature of the relationship between you and the brokerage, including the broker or salesperson.

using a real estate brokerage

The decision to use a brokerage (or not) is entirely yours to make, but the Real Estate Council of Ontario (RECO) strongly recommends working with a registered salesperson or broker when you buy or sell a property for the simple reason that navigating your way through a real estate transaction on your own from start to finish can get complicated, especially if you’re inexperienced.

mULTIPLE-oFFER-wHEN-hOME-bUYING

At times, home buyers may find that they are not the only party interested in purchasing a property. This situation of competing offers, calls for buyers to be more prepared and better educated on the process. 

home-buyers-checklist

Buying a home is a big decision – whether it’s your first home or a vacation home. To help you make smart decisions, it’s important to think with your head and not your heart. Theses tips from the Real Estate Council of Ontario (RECO) will help you be home smart when you’re in the market to buy.

Home-Buyer-Tax-Credits,-Energy-and-Home-Reno-Rebates

The cost of energy is not getting cheaper and likely will be taking a larger part of your paycheck in the near future. Did you know that there are many rebates available that can save you thousands of dollars, reduce your energy costs and support home renovations? Now is the time to take a good look at your furnace, insulation and other renovations you have been putting on the back burner. You shouldn’t pass up the variety of grants that may be available to you and yours. 

REAL ESTATE SALESPERSON

If you have a trusted friend or family member who is a broker or salesperson, working with them can be a good option when you want to buy or sell a home. But, just as you can’t get a “private surgery” or “private legal advice” that aren’t subject to rules of professional conduct, there is no such thing as a private real estate service.