Happy Thanksgiving from all of us here at Dilraj Sohi & Associates! We have a lot to be thankful for these days — from the awards and positive feedback we have received about what we’re doing, to our stellar sales, and great customer service. We are humbled by all of the positive comments.
Onto Thanksgiving. A few new trends have emerged in recent years that have become water-cooler fodder ar ...
Having worked as a Buyers agent in a recent transaction I have found that there is more choice as far as housing inventory goes. Prices have remained relatively stable with slight decreases in some areas. The H.S.T. among other things has caused some confusion and also made it harder for some people to qualify for a home that has been priced out of their range due to the new tax. This article ...
Isabelle, a bank teller in Meaford, Ont., checks and rechecks the transit number. Her colleague does, too. Then, with the click of a mouse, the sum of US$276,095 is transferred from our account to the Grand Canyon Title Company in Phoenix, Ariz., completing the purchase of our foreclosure home in Sedona.
It’s a leap of faith to send that kind of money off into cyberspace, especially after bei ...
REALTOR EDUCATION
REALTORS complete educational and licensing requirements and must be of good reputation in order to become licensed.
REALTORS are committed to continuing education and consistently refine and improve their skills and professional knowledge through participation in the profession’s required Professional Development Program.
Every two ...
RECOURSE FOR THE PUBLIC
Both of the Real Estate Council of BC and the 12 BC real estate boards have an investigatory and disciplinary process to deal with complains. REALTORS who are found to have breached either the legislation or REALTOR Code are subject to sanctions by their board and/or the council
Real estate boards deal with breaches of the REALTOR Code. The ...
SPECIAL COMPENSATION COVERAGE
The Real Estate Compensation Fund Corporation is authorized by the Real Estate Services Act and provides protection for consumers who have lost deposit monies entrusted to a real estate licensee (or an unlicensed individual related to the brokerage, for example, a receptionist, director or officer) that is misappropriated, wrongfully converted, inte ...
REALTOR DUTY TO DISCLOSE
In 1991, the BC Real Estate Association, the provincial association for REALTORS, introduced the Property Disclosure Statement (PDS). This document is a detailed form that asks a property seller to disclose any defects to a prospective buyer. This document is not required by law, however, the REALTORS of BC decided to make the PDS (and its complementary ...
The Real Estate profession is one of the most highly regulated in the country. The Real Estate cCouncil of BC is a regulatory agency established by the provincial government to protect consumers through the licensing of all individuals who practice Real Estate in the province. The conduct requirements for all Real Estate licensees and brokerages include:
REALTORS provide a broad range of services, depending on their individual business models and the agreement between you and your REALTOR as to which services you want.
Depending on that agreement, services may include helping you determine the value of your home if you’re a seller, or helping you establish a reasonable purchase offer if you’re a buyer. It may include listing a property for sa ...
