RECO’s Suggestions for REBBA Survey in 2017 Phase 1

Previous Articles: In June 2017, the Ontario government propelled the first of two open conferences on proposed changes to the Real Estate and Business Brokers Act, 2002 (REBBA). The first is going on now and the second is booked for spring of 2018 In January 2017, RECO presented a […]

The Central Bank Raised its Key interest Rates

The Bank of Canada raised its key interest fee on Wednesday. It’s the first time since September 2010, however, said there is “no foreordained way” for additionally increments and that rate strategy would be inspected on a quarter-by-quarter premise. Bank of Canada Governor Stephen Poloz called the rate increment to […]

The Escalation Clause Puncturing the Ethical Business Practices

Another controversial approach in the real estate industry that raises bidding wars – The Escalation Clauses. Barry Kainth is really concerned about this approach and its consequences. The escalation clause is implemented to help buyers win bidding wars. Under the escalation clause, the would-be buyer is allowed to submit an […]