by Natalka Falcomer | Sep 7, 2017 | Featured, Legal Issues
Whether it’s in the commercial or residential world, negotiating is always a messy process that leaves copious amounts of room for mistakes. Like forgetting to waive a condition or forgetting to add or delete a term in an agreement. The real issue is not just the fact...
by Natalka Falcomer | Aug 23, 2017 | Featured, Legal Issues
A version of this (true) story has happened to every real estate veteran. You’ve spent years chasing a client (a landlord) and another year negotiating the offer to lease. The lease is now in the hands of the lawyers and your hard work is finally about to pay off …...
by MarkWeisleder | Aug 9, 2017 | Advice for Agents, Featured, Legal Issues
Here are five key lessons for salespeople to remember when things go wrong in a real estate deal. 1. Be careful if anyone tries to blame you for what has happened. It goes without saying that when problems arise, it is easy for buyers or sellers to try to blame the...
by MarkWeisleder | Jul 12, 2017 | Columnists, Featured, Legal Issues
“I will pay $5,000 more than the highest offer received.” This is what is known as an escalation clause and it has been developed to give a person in a bidding war an advantage over the other bidders. It usually will also include a “cap” such that the maximum price to...
by Bob Aaron | Jun 28, 2017 | Columnists, Featured, Legal Issues
The Ontario Real Estate Association (OREA), which represents 70,000 real estate agents and brokers in Ontario, has become involved in a public spat with the real estate industry regulator over the use of a controversial provision in purchase agreements known as an...
by MarkWeisleder | Jun 8, 2017 | Advice for Agents, Featured, Legal Issues
I am now being consulted by buyers who have purchased homes without any conditions and cannot sell their existing homes. This could be because of the recent government housing policy announcements, increased number of listings, uncertain lending conditions and fewer...
