by Jennifer Lynn Walker | Feb 14, 2006 | Working with Brokers
Organisme d’autoréglementation du courtage immobilier du Québec(OACIQ) is the body responsible for overseeing real estate brokerage in Québec. Its mission is to protect the public by supervising the professional activities of all real estate brokers and agents...
by Jennifer Lynn Walker | Feb 14, 2006 | Working with Brokers
When the seller of a residential immovable with less than five dwellings chooses to deal through a real estate broker or agent, he must sign a brokerage contract.This agreement gives the broker the right to act as the exclusive or non-exclusive intermediary for a...
by Jennifer Lynn Walker | Feb 14, 2006 | Buying
By Jennifer Lynn WalkerWhen the promise to purchase is drafted, the real estate broker or agent must discuss with the buyer each phase of the buying process. This step must include an analysis of the buyer’s needs and objectives and an evaluation of his...
by Jennifer Lynn Walker | Feb 14, 2006 | Working with Brokers
The real estate broker or agent is bound by a strict obligation of fairness and faithfulness to his customers, whose rights he is bound to promote and protect. Thus, any compensation agreement to the benefit of a broker or an agent which could place him in a conflict...
by Jennifer Lynn Walker | Feb 14, 2006 | Working with Brokers
All real estate brokers and agents practicing in Québec must hold a certificate issued by the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ), whose main mission is to protect the public by supervising the professional practice of its...
by Jennifer Lynn Walker | Feb 14, 2006 | Working with Brokers
In Quebec, any real estate brokerage transaction must be carried out by a certified real estate broker or agent (one who holds a certificate to practice issued by the ACAIQ).A contravention of this rule constitutes a violation under the Real Estate Brokerage Act and...
by Jennifer Lynn Walker | Feb 3, 2006 | Buying, Mortgage & Finances
Registered Retirement Savings Plans (RRSP) were created to encourage Canadians to save money for their retirement. In 1992, the government hoped to stimulate housing sales with the creation of the Home Buyers’ Plan.The plan allows qualified homebuyers to use up...
by Jennifer Lynn Walker | Feb 3, 2006 | Market Updates
“The exceptional strength of the real estate market over the past few years, and especially in 2005 when a new record of total sales dollar volume of units sold was set – $10 billion, shows that home ownership remains a priority for families,” says Michel Beauséjour,...
by Jennifer Lynn Walker | Feb 3, 2006 | Selling
Check the major systems After size, style and location, a home buyer’s primary concern is the condition of the basic structure and major electro-mechanical systems.Most buyers do not want to invest a great deal of money correcting problems in such critical...
by Jennifer Lynn Walker | Feb 2, 2006 | Buying, Selling
The 2005 residential real estate market was filled with anticipation of the over- hyped real estate bubble.Though we’ll only see a correction, home buyers and sellers made some mistakes that those looking to buy or sell in 2006 can put to good use in their...
