Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2016 

Toronto Transit Tourist Trolleys & TramsToronto has the World’s craziest transportation system. It actually uses streetcars.While other cities throughout the World are moving to newer transportation systems, Toronto is stuck with “Tourist Trams”.First, they are free! You don’t have to pay to ride...
12/31/2016
RECO's Recent Publication It seems curious that RECO feels that it must provide direct real estate advice to consumers, thereby “competing” with its own membership.Three other regulators, namely the Law Society of Upper Canada, the Chartered Professional Accountants of Ontario and the College of ...
12/31/2016
Commercial bond yields   CMB         GoC         Floating rateinsured cost of funds 5 Year - 1.66%*Canada housing 06/15/22 [-0.01]       5 Year - 1.13%CAN 0.75 09/01/21 [-0.01]       0.96%                      [-]                        10 Year - 2.36%*Canada housing 06/15/27 [+0.01]       10 Ye...
12/30/2016
The Expression “As Is” is without meaning in Ontario.Question:I am looking at a Listing that says the property "AS IS". What exactly does that protect the seller from, if anything?Answer:The “as is” clause often added to agreements in respect to the sale of real estate has “no meaning”. Now, if y...
12/28/2016
Brian Madigan’s 3,000 Posts on ActiveRain I joined the ActiveRain community and published my first post on the 21st of May 2008.I have learned quite a few things about marketing, the internet and real estate technology from the members of this community. Many similar sites have come and gone over...
12/28/2016
48 Lanes for 401Certainly, that would be about the right number today, if we wanted an efficient system.Obviously, we don’t; we are still at 16 lanes across the City of Toronto. Traffic moves at a snail’s pace. This is the busiest highway in North America. Originally built in the 1960’s, it was c...
12/27/2016
Customers in Nova Scotia Real EstateIn the Province of Nova Scotia, customers are just like Ontario.This is the explanation on the website of The Nova Scotia Real Estate Commission:CUSTOMER RELATIONSHIPA buyer or a seller may also choose to use the services of a licensee without requiring an agen...
12/23/2016
What About Designated Agency for Ontario?Designated Agency Comes to Nova Scotia effective 1 January 2017. Can Ontario be far behind?CBC Markeplace recently did an expose about conflicts of interest in certain real estate transactions, where dual representation was permissible.So, I suppose the fi...
12/22/2016
Transaction Brokerage in Nova Scotia (Just like Multiple Representation)Ontario calls it “multiple representation” and Now Nova Scotia calls it “transaction brokerage”.The Nova Scotia Real Estate Commission talks about “transaction brokerage” on its website:“TRANSACTION BROKERAGETransaction broke...
12/22/2016
Drafting Contracts: “Ten Days Notice” or “Ten Days’ Notice”Should there be an apostrophe?Yes, that would be the correct grammatical way of expressing this concept in a legal document.However, this is only the case, if you are using it in a sentence.If it were to appear in a chart, with the word “...
12/21/2016
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