Please refer to the infographic below to assist you in understanding the various abbreviations used in real estate,...
Real Estate
When buying or selling a home, please remember that there will be additional costs associated with the closing of thetransaction. As a Seller The following is a list of some of the typical closing costs when selling a home: real estate commission plus GST lawyer’s fee (discuss this with your lawyer) miscellaneous charges incurred by your lawyer; e.g., courier services, title search,...
Authority to Contract To enter into a brokerage service agreement, agreement of purchase and sale, or other contractual arrangements, you must have the lawful capacity to enter into such contracts, (i.e, you must be the buyer or seller, or have a lawful power of attorney for the seller or buyer, or be the lawfully appointed executor of the deceased owner’s estate, etc.). If you do not have such...
The following are items for buyers to consider when they are preparing an offer to purchase. Appliances - A condition can be placed in the offer which has the seller warrant that the existing appliances will be in working order on the possession date. The buyer should record the model and serial numbers as a precaution. Appraisal - An appraisal provided by an accredited appraiser with respect to the...
Working with a Real Estate Salesperson Buying or selling a home is often one of the largest financial transactions a person makes. It is important to consider the kind of legal relationship you might be entering into with the real estate agent you choose to assist you. The term “agent” is often used interchangeably with a real estate salesperson, broker, licensee, or the real estate firm they are...
Are you looking for a career that offers endless opportunities for growth and development? Real estate might be the perfect fit for you. Not only can you make a good living, but you can also acquire valuable skills that can be applied to other areas of your life. Here are just a few skills you can learn in the real estate market: Sales and Negotiation - In real estate, you'll need to be able to sell...
Whether you're starting a new business or looking to grow an existing one, effective business development is key to success. Here are 10 quick tips to help you boost your business development efforts: Know Your Audience - Understanding your target market is essential to creating effective marketing strategies and building strong relationships with clients. Build a Strong Online Presence - In today's...
Business development is a complex and ever-evolving field that involves identifying and pursuing opportunities for growth and expansion. However, there are many common misconceptions about business development that can hinder success. Here are 14 of the most common misconceptions about business development: Business development is only for large companies - While large companies may have dedicated...
Real estate is a complex and dynamic industry that requires skill, knowledge, and expertise to navigate successfully. As a Winnipeg real estate agent, I have learned a lot over the years about what it takes to succeed in this field. Here are 10 quick tips that I believe are essential for anyone who wants to make their mark in the world of Winnipeg real estate: Build relationships: Real estate is a...
Whether you're a seasoned real estate professional or just getting started in the industry, there's always something new to learn. One of the best ways to stay informed and up-to-date is by following real estate blogs. Here are 15 of the best real estate blogs to follow, and why they're great: Zillow Porchlight: Zillow is one of the most popular real estate websites, and their Porchlight blog is an...