The Protecting Tenants and Strengthening Community Housing Act, 2020 amends the Residential Tenancies Act, 2006, the Housing Services Act, 2011, the Building Code Act, 1992 and repeals the Ontario Mortgage and Housing Corporation Act. Originally posted on July 22, 2020 The changes to the Residential Tenancies Act, 2006 (RTA) strengthen protections ...
Continue ReadingWhen working with a REALTOR® in Ontario, one of the most important things to understand is who represents your interests and what that representation means in practical terms. Buyers and sellers often begin working with a real estate professional because they need help finding a property, marketing a home, negotiating ...
Continue ReadingTenants today have access to more property information than ever before. Online listing platforms make it possible to search apartments, houses, office space, retail units, industrial buildings and other rental properties without ever speaking with a real estate professional. For that reason, tenants reasonably ask whether they actually need a ...
Continue ReadingUnderstanding the delayed offer presentation process Delayed negotiations, used appropriately, can be a powerful tool when it comes to selling a home. Done right, this tool is a plus for buyers too. So how do you know if delayed negotiations are right for you? First, talk to your real estate ...
Continue ReadingREASON # 1 The numbers are In. Statistics from the National Association of Realtors® prove that homes listed with a licensed full-time agent sell for approximately 26% more than those sold “For Sale By Owner”, even after the commission. Why? Mainly because active agents know the market and what a ...
Continue ReadingOne of the most common questions landlords ask is: “Do I really need a REALTOR® to lease my property?” The short answer is no. Many landlords successfully lease their own properties every year. The better question, however, is not whether professional representation is required. It is whether the time, responsibilities, ...
Continue ReadingBuying real estate is usually associated with opportunity rather than litigation. Whether someone is purchasing a first home, adding an investment property or acquiring a commercial or industrial facility, the focus is naturally on finding the right property, negotiating acceptable terms and completing the transaction successfully. Fortunately, the overwhelming majority ...
Continue ReadingThe Objective Of Money Laundering When you buy an asset, whether a home or an investment property, you try to get the best value for your time and money. You want a deal. The seller is trying to extract the maximum price they can get from you, without driving you ...
Continue ReadingThe RECO Information Guide is designed to help Ontario buyers and sellers understand how real estate representation works before they receive services or assistance from an agent. Whether you are buying a home, selling an investment property, leasing commercial space or considering another real estate transaction, one of the first ...
Continue ReadingMany consumers understandably focus on the visible parts of a real estate transaction, such as: showings, offers, negotiations, and closing day. However, meaningful real estate representation often involves substantial: advisory work, analysis, negotiation, compliance, marketing, documentation, due diligence, and transaction preparation long before a transaction closes. Professional real estate advisory ...
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