In March, the U.S.-based National Association of Realtors (NAR) agreed to pay $418 million US to end legal claims from home sellers. Will that impact Canada?
It can feel like some properties have been on the market since the days when polar bears roamed the GTA. While that may be an exaggeration, here’s why properties can end up sitting unsold for seasons.
The rules have changed around exclusive listings, so expect to see a lot fewer moving forward. Let’s talk about what changed and whether it’s a good thing.
Due to a quirk in how our real estate board allows listings to be terminated and relisted right away, the length of time it takes for real estate to sell can be drastically understated. Here’s how that looked in 2023!
Real estate contracts tend to be pretty lengthy and have lots of very specific terms. Good news, there’s now a guide that spells it all out in plain language. Let’s review!
Under new legislation, the closed blind bidding process for real estate is a bit more open. Well, it could be, but might not be, and if it is, it may not stay that way.
Clients, customers, consumers…no wonder people were confused. The new real estate legislation in Ontario gets rid of the customer designation and that’s a very good thing.
