Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2017 

Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 2.08%CANHOU 12/15/22 [+0.01]       5 Year - 1.70%CAN 1.0 09/01/22 [+0.01]       1.23%                     [-]                       10 Year - 2.56%*CANHOU 03/15/28 [+0.02]       10 Year - 2.03%CAN 1.0 06...
10/22/2017
Seller who is Real Estate Agent: Obligations to Disclose (Ontario)Question:Doing a deal where the agent is also the Seller. She disclosed UFFI and knob and tube but only in the hallway and said she had a previous offer with an agent who already completed a home inspection.We did inspection which ...
10/20/2017
Agent’s Negligence: Breach of Fiduciary Duties at Common LawThese errors or omissions are really by far the most common and frequent mistakes that real estate agents will make.Agency Obligations at Common Law There are some fundamental and basic obligations at common law which the agent offers to...
10/17/2017
 Options Following a Defaulted Transaction in OntarioQuestion:Buyer can't close on time (needs another month) and has given a $15,000 deposit with their original offer. They have exhausted all resources in every scenario. IF THEY DON'T close, does my seller get to keep the deposit? Answer:Actuall...
10/16/2017
Fixed term best discounted & posted rates as of Oct 16, 2017 6 mos                                 3.10%         3.14%1yr                                     2.64%          3.04%2yr                                     2.54%          3.04%3yr                                     2.64%          3.44...
10/16/2017
Real Estate Agents’ Liability in Negligence: Various Grounds It’s entirely possible for real estate agents to make some mistakes, just like everyone else. But, when they do something in their professional practices that that causes someone some financial loss, then there’s likely to be a lawsuit....
10/14/2017
The Role of an Expert Witness in Real EstateThere are a variety of different roles for an Expert Witness in real estate matters.The first question would be: what’s the problem?The next question would be: who’s the expert in that field?Nature of the ProblemThis is the primary issue. What happened?...
10/14/2017
Home Inspection Review is a MUST for an AgentSome Agents don’t like to get involved with home inspectors. Some Agents prefer that no inspections be undertaken. Some Agents don’t review the lengthy reports, and some Agents don’t review the summaries with their clients.The objection seems to arise ...
10/13/2017
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 2.11%CANHOU 12/15/22 [-0.05]       5 Year - 1.74%CAN 1.0 09/01/22 [-0.04]       1.23%                     [-]                       10 Year - 2.58%*CANHOU 03/15/28 [-0.08]       10 Year - 2.05%CAN 1.0 06...
10/13/2017
Comparing Mediation and Arbitration for Defaulted Real Estate DealsMediation is much less expensive than Arbitration. If price is the motivating factor, then go with mediation.There are various agencies and associations which offer both mediation and arbitration. Often, in a particular field it w...
10/12/2017
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Brian Madigan

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