Real Estate FAQ

Multiple Representation - Ontario Real Estate

Posted on Jun 18, 2016 in Real Estate FAQ

If you've been around real estate transactions or have friends involved in buying and selling properties, you may have heard the term "multiple representation".

Multiple Representation is a potential reality with almost every real estate transaction and needs to be understood by all parties. Clear steps should be taken to avoid any conflict of inter...

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Will a low offer offend the seller?

Posted on Jun 15, 2016 in Real Estate FAQ

Some buyers will instruct their Realtor to deliver a "low-ball" (well below list price) offer for a property purchase. This practice can be effective if the seller signs the deal back ---keeps negotiating ---and doesn't get annoyed or ignore the offer. It is the legal responsibility of the Seller's realtor to present them the offer, whether they li...

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How do I get my house ready to sell? 5 steps before listing your house

Posted on Jun 10, 2016 in Real Estate FAQ

  1. Get an idea of worth: Call a trusted Realtor and book an appointment for them to come to your home and get an independent, unbiased home valuation. A good, licensed real estate agent, can provide you with an idea(range) of what your home is worth given current market conditions. This is also your opportunity to find the right realtor to sell your h...

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How do Real Estate Agents get paid?

Posted on May 31, 2016 in Real Estate FAQ

A common question on Google is "How are Real Estate agents paid? or 'Why are Real Estate agents paid so much?' These are good questions, because buying and selling real estate is one of the most expensive transactions in a lifetime. I'll deal with a regular residential transaction.

Typically, a realtor is paid based on a percentage of the sale price...

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What are chattels and fixtures? Do they stay or do they go?

Posted on May 16, 2016 in Real Estate FAQ

When you're selling your home, or buying someone else's home, the issue of what stays and what goes can become a problem at closing if not dealt with well at the time of offer and acceptance. What appliances are included in the sale price? The flooring stays right? But not the area rugs? I thought the window air-conditioner units are fixtures! 

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