Brian Madigan's blog
Toronto and GTA Markets in June 2020
This is the recently released report of the Toronto Real Estate Board concerning the June 2020 results:
“TORONTO, ONTARIO, July 7, 2020 –
Buyer’s Agent Says they are Waiving their Commission
Words “I have authority…” What if they are Missing?
$500 Per Minute Fine for Breaking and Entering
Relatively, that’s a very light fine for breaking and entering which is a Criminal Offence.
A Very Poor Explanation of the Buyer Representation Agreement
The Buyer Representation Agreement requires explanation in order to be enforceable
Withdrawing an Offer
Apparently, a person making an offer to purchase real estate can withdraw an offer prior to the “communication of acceptance” of the offer by the Seller to Buyer.