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They have stopped construction except for homes. And honestly we need thousands if new home every year so that seems reasonable. To me. Lol

i feel like they are really floundering trying to stop this, while not actually dealing with the issues. The federal sick pay is a joke. The province could have adjusted it and added to it. And they didn’t

and they are right. None of this is a problem if we get more vaccines. And that isn’t happening very quickly
 
Lastpointe said:
I certainly believe your sisters experience as you are reporting it. And that is very unfortunate. It was certainly not our experience. And I guess if it was me, my house, my worries , i would tell my real estate agent to only allow people inside my home who are complying with the rules. Too bad so sad for all the others

people can be pigs. People can ignore things. Always have

and at all times I expect my own agent to be in my home for showings. No matter what the situation is. It is there job to show the house!answer questions and in fact guard the house from petty theft, damage, and. Now non Covid compliant buyers. when we sold 8 years ago our agent was in the house for all showings and she was this year too

and I have never looked at a house, here or in Florida where the listing agent or a staff member was not there. So I trust them to monitor it and protect it

i have never had an open house in any place we have owned and sold for the main reason of security of our possessions.
for two Christmas‘ I helped at those charity decoration things. Houses get decorated for Christmas, you buy a $20 ticket and one afternoon can visit all the houses. But each house had a volunteer in each room in each house. To guard the owners possessions

as I said, people can be pigs
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Huh, most of the houses we looked at did not have the listing agent present. We did go to a few open houses, so of course they were present then. Most of the comfree homes had the owners home (one place we were followed around, the house we actually bought, she stayed down in the office). One home they were having a BBQ in the backyard while we were there. One showing was double booked, so there was another non-listing agent.

In general, I would expect the buyer's agents to be responsible for following protocols too.
 
ChemGal said:
Why not?
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That is the rule in real estate, also often the selling agent is not always present during offer presentations, especially during this fast market of multiple offers. So the listing agent presents the selling agent/s offers to the home owners.
 
ChemGal said:
That a selling agent can't post a sign showing sold? It happens here all the time.
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Not here.....the listing agent posts the sold sign on their sign because they listed it and it's their broker who pays the selling agent out of the listing agents commission if it is sold by another company.
 
Waterfall said:
Not here.....the listing agent posts the sold sign on their sign because they listed it and it's their broker who pays the selling agent out of the listing agents commission if it is sold by another company.
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I'm confused, what's the difference between a listing agent and selling agent?
 
ChemGal said:
I'm confused, what's the difference between a listing agent and selling agent?
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Listing agent gets a listing agreement signed to sell some ones home and it goes on MLS (multiple listing service). The agent that sells the home is then the selling agent . Any agent can list and/or sell a property. All agents do both. The listing agent can also sell their own listing.
When the market heated up there was a concern that listing agents would also have an offer on the property that they listed, so when in competition with other agents, this would be an unfair advantage for the listing agent to know how much the other offers were before presentation and would be able to strongly suggest to their buyer how much higher they should go, in order to beat the other offers. The advantage of this is that they would double end their commission if they both listed and sold their own listing. This should be avoided by asking the broker of the listing agent to then present all offers from the buyers and to be the only one to view them when they come in.
 
Waterfall said:
Listing agent gets a listing agreement signed to sell some ones home and it goes on MLS (multiple listing service). The agent that sells the home is then the selling agent . Any agent can list and/or sell a property. All agents do both. The listing agent can also sell their own listing.
When the market heated up there was a concern that listing agents would also have an offer on the property that they listed, so when in competition with other agents, this would be an unfair advantage for the listing agent to know how much the other offers were before presentation and would be able to strongly suggest to their buyer how much higher they should go, in order to beat the other offers. The advantage of this is that they would double end their commission if the both listed and sold their own listing. This should be avoided by asking the broker of the listing agent to then present all offers and to be the only one to view them when they come in.
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The listing agent is typically the selling agent though, it's how the buying agent knows who to contact, the person on the MLS listing. Occasionally, there may be a team so the negotiating can be done by someone else on the team I guess, but I would think if the team decides to put a different member on the sold sign that wouldn't be an issue. I don't understand what you mean about 'before presentation'. Doubling ending does occur here, it's not about listing and selling, it's about being the agent for the sellers and the buyers.

I know there are differences province to province, so maybe that's why I'm confused. Typically a listing agent becomes the selling agent when it sells.
 
ChemGal said:
The listing agent is typically the selling agent though, it's how the buying agent knows who to contact, the person on the MLS listing. Occasionally, there may be a team so the negotiating can be done by someone else on the team I guess, but I would think if the team decides to put a different member on the sold sign that wouldn't be an issue. I don't understand what you mean about 'before presentation'. Doubling ending does occur here, it's not about listing and selling, it's about being the agent for the sellers and the buyers.

I know there are differences province to province, so maybe that's why I'm confused. Typically a listing agent becomes the selling agent when it sells.
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In Ontario it's not typical that the listing agent ends up being the selling agent but of course it happens more in a fast market because the listing agent will call their clients before it hits MLS, but in a slower market they want as many agents as possible to know about their new listing......most agents tend to concentrate on getting listings. (and selling of course) but more money is assured for the agents by getting listings.
In Ontario RECO regulates real estate professionals and in your province, Alberta it's RECA. CREA is the Canadian Real Estate Association.
I couldn't tell you if there are differences between provinces. When I sold real estate if I had a buyer for your province, I would have suggested an agent in your province and took a referral fee from the sale. But I would think the premise would be basically the same.
 
Waterfall said:
In Ontario it's not typical that the listing agent ends up being the selling agent but of course it happens more in a fast market because the listing agent will call their clients before it hits MLS, but in a slower market they want as many agents as possible to know about their new listing......most agents tend to concentrate on getting listings. (and selling of course) but more money is assured for the agents by getting listings.
In Ontario RECO regulates real estate professionals and in your province, Alberta it's RECA. CREA is the Canadian Real Estate Association.
I couldn't tell you if there are differences between provinces. When I sold real estate if I had a buyer for your province, I would have suggested an agent in your province and took a referral fee from the sale. But I would think the premise would be basically the same.
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So in ON there are usually 3 agents involved? 1 for the sellers, 1 to list for the sellers and then 1 for the buyers?
 
ChemGal said:
Right, but how many are involved in a transaction?
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The agent that has listed the property and any agents that bring an offer of purchase and sale, signed by their buyers to the listing agent. The listing agent may also get an offer. Usually with multiple offers they are presented to the sellers at the same time by the listing agent only. In a slower market you might see the agent with the offer (selling agent) from their clients present their buyer's offer with the listing agent.
I think you may be confused with the terms selling agent and listing agent.
It's just when a real estate agent lists a property they are then referred to as the listing agent for that property. When an agent sells a property through their buyers offer they are referred to as the selling agent for that property.
Of course there are other people later involved in a transaction....financial institutions, lawyers, home inspectors, etc...depending on the terms of the agreement.
 
Waterfall said:
The agent that has listed the property and any agents that bring an offer of purchase and sale, signed by their buyers to the listing agent. The listing agent may also get an offer. Usually with multiple offers they are presented to the sellers at the same time by the listing agent only. In a slower market you might see the agent with the offer (selling agent) from their clients present their buyer's offer with the listing agent.
I think you may be confused with the terms selling agent and listing agent.
It's just when a real estate agent lists a property they are then referred to as the listing agent for that property. When an agent sells a property through their buyers offer they are referred to as the selling agent for that property.
Of course there are other people later involved in a transaction....financial institutions, lawyers, home inspectors, etc...depending on the terms of the agreement.
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You're saying there the seller's agent represents the buyers?
Here typically buyer's have their own agent. Selling and listing agent is one person, representing sellers. Buyer's agent represents buyers.
 
ChemGal said:
You're saying there the seller's agent represents the buyers?
Here typically buyer's have their own agent. Selling and listing agent is one person, representing sellers. Buyer's agent represents buyers.
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No.......the listing agent represents the owners of the house


The selling agent is the one that represents the buyers.

It is possible the listing agent can also be the selling agent.
 
Waterfall said:
No.......the listing agent represents the owners of the house


The selling agent is the one that represents the buyers.

It is possible the listing agent can also be the selling agent.
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What part is no?

ETA, sorry I get off topic easily.
 
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