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.

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.

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.

Sell-Your-Home-With-These-Tips

There is a lot to do to when you make the decision to sell your home. However, you can make the process smoother if you address the areas that will have the biggest influence on home buyers. It’s important that you spend your time focusing on the important areas that can help you sell your home quickly and in many situations, for more money. 

home-sellers-checklist

Whether you’re moving to accommodate your growing family or looking for a smaller space to be your empty nest, selling your home is a big decision. To help you make smart decisions, it’s important to think with your head and not your heart. These tips from the Real Estate Council of Ontario (RECO) will get you started.  

ASK-Questions-before-signing

A listing agreement is a legal contract stating that you agree to work exclusively with a real estate brokerage for an agreed-upon length of time when you’re in the market to sell your home. The agreement makes you a client of the brokerage, meaning it owes you a fiduciary duty to act in your best interests in a real estate transaction.