Who Really Pays the Commission?

11 December 2018
Remax-Condos-Plus

When you go to sell your property, who really pays the commission? Most owners think they pay the commission. That's why the first thing they do when they meet an agent to list their property, is to negotiate the commission as low as possible.


Ask Allistair: Marijuana Use in Rental Properties

21 November 2018
Remax-Condos-Plus

What does the legalization of marijuana mean for Ontario tenants and landlords? We asked an expert on whether or not tenants can smoke in their units and the legality behind Landlords filing for eviction.


Condo Market Report November-December 2018

16 November 2018
Remax-Condos-Plus

Sales on the Toronto Real Estate board for October were better than expected. At 7500 units, it was 6% higher than October of last year, and 16 % higher than September. While October is usually the busiest month of the fall market, we recorded 9700 sales in October of 2016.


Part Time Agents

09 November 2018
Remax-Condos-Plus

As of October 4th, Winnipeg Realtors can now have another job aside from selling real estate after members of WinnipegRealtors approved an amendment to a longstanding bylaw.


The Importance of Pricing Your Property

01 November 2018
Remax-Condos-Plus

For the past few years the list price strategy for most agents was to underprice a property. That did not take much skill, the further under market it was listed, the more it went over the list price. Any agent can do that .Today, potential buyers have grown tired of looking at unrealistic prices and competing with multiple buyers.


Will Sold Data Change the Real Estate Market?

16 October 2018
Remax-Condos-Plus

what's the big deal with making sold data available to the public? For years, good real estate agents supplied their clients with this information in making any real estate transaction. In the US, solds have been available to the public for several years.


Condo Market Report October-November 2018

11 October 2018
Remax-Condos-Plus

September sales on the Toronto Real estate Board were 6500 units, up 1.9% compared to September of last year. This is not as positive a sign as it appears. September sales were down 5% from August (very unusual). When you compare to last year, September sales were 1% higher than in August. The reality is that sales volumes will be mired at these levels until something fundamentally changes.


How to Retire in Canada

03 October 2018
Remax-Condos-Plus

In a high tax country like Canada, it is almost impossible to save enough to retire. The way we see it, you have three choices to make enough to retire.


Condo Market Report September-October 2018

19 September 2018
Remax-Condos-Plus

August sales on TREB were 6,800 units, an increase of 8.5% over August of 2017. Sales were also level with those in July which is normal in terms of seasonality. In terms of sales, we have definitely passed the bottom but of most concern is what does the fall market look like? ‘New’ listings in August were 6% higher than August of last year (more supply).


Who Pays Commission When a Deal Doesn't Close

13 September 2018
Remax-Condos-Plus

Making recent news is a Brokerage who is suing for commission from a Seller on a deal that did not close. Agents work on commission but that does not mean that they work for free. For Sellers, when you sign a listing agreement it states that you owe a commission on the successful completion of your sale. What happens if the Seller accepts an offer and the sale does not complete and close?