by James R.G. Cook | May 11, 2021 | Featured, Legal Issues
Agents often require buyer clients to enter into a Buyer’s Representation Agreement (BRA), which sets out the buyer’s agreement to pay the agent a commission on certain terms. The BRA is intended to provide an agent with some protection when working for a buyer to...
by Ted Greenhough | Sep 24, 2020 | Advice for Agents, Featured
Has this ever happened to you? You procrastinated on preparing for a listing presentation. Then, you got super-busy right before the appointment, so you slapped together the CMA at the last minute. Now, you’re glancing at the comparables at the stoplights on your way...
by Shaneka Shaw Taylor | Apr 27, 2020 | Columnists, Featured, Legal Issues
In Firepower Debt GP v. TheRedPin, the Ontario Court of Appeal grappled with the question of what happens to a real estate agent’s uncollected commissions when their real estate brokerage becomes insolvent. The brokerage, TheRedPin.Com Realty, had a roster of...
by Shaneka Shaw Taylor | Jan 20, 2020 | Featured, Legal Issues
Receiving a commission is every agent’s expectation when their efforts result in the lease or sale of a property. In Ngai v. Fufa Limited, the Ontario Superior Court of Justice decided that notwithstanding the agents’ efforts in attempting to negotiate a deal, the...
by Don Procter | Feb 15, 2019 | Featured, Legal Issues
After a years-long legal battle, a Burlington, Ont.-based real estate brokerage recently won a court case and was awarded 100 per cent of its claim for unpaid commissions. However, the case is being appealed. Bob Van de Vrande, broker of record for the plaintiff Apex...
