Ask Joe
“Ask Joe” is a question and answer column by RECO’s Registrar Joe Richer that appears in the Toronto Star.
Richer answers questions from readers on a variety of topics, including how to spot a former grow-op, protecting your deposit and what to disclose in multiple offers.
Disclaimer:
Ask Joe columns are for general information purposes only and do not constitute legal or other professional advice. Seek the counsel of a real estate lawyer and salesperson on questions regarding your own real estate transactions.
Are you a home buyer or seller with a question?
- Are the rules for real estate agents and brokerages reviewed and updated? How often?
- We are finding ourselves in bidding wars with multiple offers being held until a specific date and time. The process feels wrong and unfair. What are the rules?
- I bought a house, but the deal didn’t close. What happens to my deposit being held by the listing brokerage?
- We were involved in competing bids on a home and lost out, but the seller accepted an offer that was lower than ours. Doesn’t the seller have to accept the highest offer?
- Why are homes being sold for more than their asking price? Are sellers allowed to under-list their properties?
- What are some of the things I need to consider when I start looking for a cottage to buy?
- I’m selling my home and my sales rep wants to use a lockbox. How can I ensure that my home is safe?
- We’re trying to find a home in this hot market and were told we should waive certain conditions when we submit offers. What should we be worried about?
