“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.
Are you a home buyer or seller with a question?
- I’m about to sign an agreement with a real estate brokerage, but a clause in the contract says that I could still owe them a commission even after the agreement expires. Is that normal?
- I’m planning on selling my home in the next few months. Some of the homes that have sold recently in my area went into bidding wars. Is there anything I should know if my home receives multiple offers?
- I’m looking to buy a newly built home. Should I still work with a real estate agent?
- I’ve heard many terms when referring to people who sell real estate. What’s the difference between an agent, salesperson and broker?
- I’ve already signed the paperwork to sell my house, but now I need to change the closing date. Can I change the Agreement of Purchase and Sale after the fact?
- What steps can I take to protect myself against buying a former marijuana grow-op?
- As a buyer, how do I know the information from the online listing is accurate? If it isn’t, is there anything I can do about it?
- Should I approach a home being sold ‘as is’ any differently from other listings?