Tag Archives: realtors

Help – the bank wants to sell my home under a Power of Sale. Is there any way to keep my house and/or my credit rating?

A Power of Sale is where a bank or lender has evicted the occupants of a home for failing to pay off their mortgage (often referred to as “defaulting” on their mortgage payments) and are now taking steps to sell … Continue reading

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I want to buy a house that’s for sale by owner. What do I need to know?

The first thing you should do is contact your realtor so that they can do up a proper offer. A lot of times, an owner will hand you an Agreement of Purchase and Sale (the offer) which they’ve completed for … Continue reading

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Buying a new condo from a builder? Here’s a checklist of questions.

If you’re thinking of buying a new condo from a builder, there are some things you should find out before you sign on the  dotted line. I was recently involved in negotiations with a builder on behalf of a client … Continue reading

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The #1 Mistake Sellers make when selling their home

The biggest mistake sellers make? Going with the realtor who tells them they can get more for their house than the other realtors they’ve talked to. And here’s why. We base our suggested list price based on comparables in the same … Continue reading

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Realtor Myth #4: Don’t ask, Don’t Tell

I read a MoneySense article called The Tricks Realtors Use to Sell Homes that was so full of misinformation, it had me steaming. My prior three posts pulled it apart, but here’s another falsehood: Legally speaking, realtors cannot be held … Continue reading

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How do I terminate a listing contract?

I received this question from a blog follower about a year ago. Because the person was represented by a realtor, I couldn’t respond: we cannot communicate with a client who already has a realtor without that realtor’s express written consent. But … Continue reading

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Can I get out of a Buyer’s Representation Agreement?

The Buyer’s Representation Agreement (BRA) is the contract between buyer and brokerage that sets out the duties of each while the buyer looks for a property. Once the buyer decides to make an offer, a BRA must be signed under REBBA … Continue reading

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