ARCHIVED BLOG POSTS
2019
Cooperating Brokerage Sues Seller Directly For Commission Is this even possible? In this situation, the Cooperating Brokerage was not paid its commission in full as provided in the MLS Listing. So, the Brokerage sued the Seller/Owner directly. How did they do that? Let’s have a look at the MLS ru...
08/30/2019
Commercial Bond Yields CMB 5 Year - 1.54%* CANHOU 12/15/24 [+0.01] 10 Year - 1.59% CANHOU 09/15/29 [+0.02] * denotes interpolated rate GoC 5 Year - 1.20% CAN 1.50 09/01/24 [+0.02] 10 Year - 1.15% CAN 2.25 06/01/29 [+0.02] 15 Year - 1.31% CAN 12/01/34 [+0.02] 20 Year - 1.40% CAN...
08/30/2019
HIGH RATIO fixed term best discounted rates & posted rates as of August 29, 2019 Terms Posted Rates Our Rates6 mos 3.34% 3.30%1 year 3.59% 2.69%2 year ...
08/29/2019
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.19%
08/28/2019
Structuring the Commission Reduction (Ontario)Question:An agent I am working with is reducing her commission to make the deal work.The Confirmation of Cooperation and Representation (CCR)that outlines the full amount so does the listing agreement paid to the cooperating brokerage.She doesn't want...
08/28/2019
Inappropriate Use of “Representation” in OntarioQuestionWhat about a “Mere Posting Brokerage” providing “representation” to the Seller? According to the salesperson, they say that they do it all the time, as in 90% of the time. Apparently, they say that there’s no agency.Answer:If they use the ex...
08/28/2019
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost ...
08/27/2019
Commercial Bond Yields CMB 5 Year - 1.66%* CANHOU 12/15/24 [+0.02] 10 Year - 1.71% CANHOU 09/15/29 [+0.03] * denotes interpolated rate GoC 5 Year - 1.33% CAN 1.50 09/01/24 [+0.02] 10 Year - 1.29% CAN 2.25 06/01/29 [+0.03] 15 Year - 1.43% CAN 12/01/34 [+0.03] 20 Year - 1.52% CAN...
08/23/2019
Terms Posted Rates Preferred Rates6 mos 3.34% 3.30%1 year 3.59% 2.69%2 year 3.74% 2.69%3 year ...
08/22/2019
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost per ...
08/21/2019
Rainmaker
1,597,897
1,597,897
Brian Madigan
LL.B., Broker
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