ARCHIVED BLOG POSTS
2015
QuestionDEPOSIT and the COMMISSIONIf the deal (a firm deal, all conditions waived, satisfied or fulfilled) falls through, do the agents have first claim to the deposit for their commission? AnswerThe difficulty here is that the agents (through their respective Brokerages) were not made beneficia...
09/06/2015
Initially, I thought that RECO had the right answer here, but unfortunately, RECO delivers an inaccurate message, in my opinion. What do you think?Presentation of offersWhen the market is hot, a lot of the complaints RECO receives stem from competitive bidding situations. It can make a big differ...
09/06/2015
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What follows below is the First Scenario in RECO’s most recent newsletterIs it correct?Did RECO forget to say something important?Would you give RECO full marks on this?And, please just overlook the Grade 8 grammar mistake! Complaint example: Janet Crescent of ABC123 Realty is the listing salespe...
09/06/2015
Commercial Bond Yields CMB GoC Floating Rate Insured Cost of Funds 5 Year - 1.25%*Canada Housing 12/15/20 [+0.04] 5 Year - 0.76%CAN 0.75 09/01/20 [+0.03] 0.83% [-0.07] 10 Year - 2.08%Canada Housing 12/15/25 [+0.03] 10 Year - 1.46%CAN 2.25...
09/05/2015
Terms Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.70% 2.05% The prime rate is 2.70%
09/03/2015
Fixed term best preferred rates & posted rates as of September 1, 20156 mos 3.10% 3.14%1yr 2.29% 2.89%2yr 2.09% 2.84%3yr 2.34% ...
09/01/2015
Rainmaker
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Brian Madigan
LL.B., Broker
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