Thursday, February 23, 2012
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Jason Steele
Broker

Coldwell Banker, The Property Shoppe Real Estate Brokerage

Independently owned and operated
Port Elgin, Ontario
N0H 2C0
Cell: 519-377-2147
 
Fax: 519-389-4854
E-mail:

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Welcome to the Q&A Page regarding homes for sale in Port Elgin, Southampton, Saugeen Shores, and all around Ontario!

These are some of the frequently asked questions asked by both buyers and sellers. Please look through some of these Q & A's to answer some of your questions. 

List of Q&A

The NUMBER 1 QUESTION IN REAL ESTATE:

Q. If I am going through an open house, or calling an agent off a sign, should I tell them I have been working with another agent?

A. Yes, but first and formost, real estate representatives are required by the Real Estate and Business Brokers Act to introduce themselves, and inquire at the first possible opportunity,  "if you are currently under contract with any other brokerage".  There are two main reasons for this, i) if you are under contract, that contract puts you under obligation to work with and pay the contracted brokerage for services as written on the contract. ii) the Act prohibits a registrant from dealing with another registrants client without written consent from the contracted registrant. [O. Reg. 580/05 s. 7(1) ]



Buying
What is the difference between a real estate salesperson and a real estate broker?
Why should I use a real estate brokerage?
What is the responsibility of the real estate brokerage to me?
What do I need to decide when I’ve decided to buy a home?
How will a real estate broker help me find my dream home?
How do I decide my price range when buying a home?
Once I find a house I like, what would be the next step?
What will I need to bring with my offer?

Selling
What is a listing agreement?
What is the main idea about this agreement?
Why should I list with a REALTOR®?
How much should I ask for when selling a property?
What different tools does a REALTOR® have to help me sell my home?
What is a public open house?
What do I need to do to prepare my house for an open house?
What if my house isn’t selling?
If I get an offer, should I accept it?
Once the offer is signed, if I change my mind, can I get out of it?
What if I’m asked to give the buyer a current survey? Do I need to?
Do I need a lawyer? If I do, what is their role?


Glossary  of Terms

 Real Estate: Glossary of Terms

 


   

 

 

 

 

 

 

 

 

 

 
 
 
 
 

 
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