GREATER TORONTO – Double-ending has been a trending term in recent months, perhaps triggered by a recent CBC Marketplace episode that caught several GTA real estate sales representatives bending (or outright breaking) rules around multiple-offer scenarios. Here at GTA Real Estate News, we do our best to provide our readers with the knowledge to protect themselves from […]
Assignment Sales and “Shadow Flipping”: An Ontario Perspective
GREATER TORONTO – While it has certainly garnered its share of media attention in Greater Vancouver, the practice now known as “shadow flipping” has yet to become a serious problem here in the GTA, according to the Real Estate Council of Ontario (RECO). In a nutshell, a real estate sales representative or broker may engage […]
Incoming Regulations Aim to Make Bidding Wars More Transparent
TORONTO – Across Ontario, “bidding wars” have become an increasingly common experience for real estate buyers – especially those in competitive markets like Greater Toronto. Set to take effect on July 1, 2015, a set of key changes to the Real Estate and Business Brokers Act, 2002 (REBBA) will aim to increase the transparency of […]