On December 1, Ontario officially introduced a new real estate law, which can make the entire real estate industry more professional.
1. You cannot view a house without a BRA
Brokers can only provide services to customers who have signed BRA, and serve their own customers more professionally. They can only provide assistance to customers who are not their own. Clients cannot choose back and forth between multiple brokers. This will greatly reduce peer disputes.
For example, during a showing, the agent can evaluate the house, make his own suggestions, analyze the nearby market, etc.
2. Sellers can choose to omit relevant information
In the past, real estate sales were all sold on the black market. Sellers could not adjust the bidding price and buyers made blind offers. However, now sellers can choose to disclose relevant information to help themselves get a better bidding price, and buyers can also narrow their bids. price difference.