Industry leaders are cautioning agents working Toronto’s west end, warning them about a seemingly ideal client intent on luring them to vacant properties.
Four months after having its hand slapped by TREB, this online brokerage is closing its doors.
Unless i am missing something it is the duty of the agent in ontario to let vendors know the true value of their home. If the agent is able to flip the property prior to closing without substantially improving the property that would constitute negligence on behalf of the agent which is actionable. Agents could and would be sued . Is BC an exception to this principle of ethics.
Disclosure, disclosure, disclosure... BC is getting as bad as Quebec for being exempt of morals or ethics.
In Quebec, a brokered promise to purchase cannot be assigned without the seller's written authorization.
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