ARCHIVED BLOG POSTS
2015
TREB Mid-Month Report JANUARY 2015 You are probably interested in how the market is doing this year. The first statistics are out and they represent the deals done in the first two weeks. Something that you should remember is that the first two weeks of the year are traditionally slow, due t...
01/19/2015
The Listing agreement provides that the commission is payable on the sale price. The APS states that the HST is either included in OR in addition to the sale price. In ordinary circumstances, for commercial transactions the “in addition to” selection would be chosen. However, that doesn’t need ...
01/19/2015
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The market will start off in January rise in February, rise in March, rise in April, rise again in May where it will peak on the 1st, the 15th or the 31st. Then, it will start to decline. It will go down in June, down in July, down in August and bottom out. The market will then turn up in Sept...
01/19/2015
An Opportunity to Increase “Professionalism” in the Real Estate Industry By Brian Madigan LL.B., Broker The Supreme Court of Canada made some changes to the common law of contracts. These new changes will afford an opportunity to the real estate industry to increase their degree of profess...
01/19/2015
By Brtian Madigan LL.B., Broker Bidding wars are just not fair. They only help one person and that’s the seller. If there are 31 bids, then there are 30 prospective buyers who went home, dissatisfied with the system. This is due in part to the fact that there is no system. It’s still the “w...
01/19/2015
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By Brian Madigan LL.B. Recently, there ha been reports about a renovation building contractor who ran into financial difficulty and has left as many as 15 families in a mess with partially completed projects. This article is too late for them, but it might help someone else who is planning a ma...
01/08/2015
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Sellers Avoid Lawsuits: Factor Defect into Price! Everyone wants to negotiate and get a good price for their house. But, when the deal is closed and the sellers have moved on, they really want to be DONE with the house. So, what’s the point in concealing a defect? It just may come back to haunt t...
01/02/2015