Buyer Brokerage Agreements Mandatory January 1, 2017

Buyer Brokerage Agreements Mandatory January 1, 2017

Starting January 1, 2017, the Nova Scotia Real Estate Commission will require all brokerages to sign a brokerage agreement with buyers who agree to be clients of their brokerage. This move is aimed at enhancing consumer protection by improving transparency between the brokerage and buyer by clearly outlining expectations at the time they agree to work together.

 

Terminating an Agreement by incorporating 'out clauses'

April 5, 2017

Terminating an Agreement by incorporating 'out clauses'

In our consumer research, we often ask one particular question: if you’re unhappy with the service you are receiving from your licensee, do you think you can fire them and sign up with another licensee? Nine times out of 10, the answer we hear is a resounding yes.

We’re here to explain that it isn’t quite that simple. 

Buying your first home takes more than a bit of luck

March 17, 2017

Buying your first home takes more than a bit of luck

Becoming a first time home owner is the result of making one of the largest financial transactions in your life and embarking on the exciting, though sometimes stressful and intimidating process of finding the right home for you. As a first-time home buyer, instead of simply hoping to stumble upon your very own pot of gold, it is best to prepare yourself as much as possible for this new chapter in your life.

What to do when you recieve an erroneous offer

March 13, 2017

What to do when you recieve an erroneous offer

Licensees know that selling property can be stressful on homeowners. After all, they are not just selling their property, but their home. Situations where there are short deadlines or competing offers may add stress to the matter, but it is crucial that the licensee continues to cross their t’s and dot their i’s.

What happens if you are representing a seller and you receive an offer on their property that is incorrectly completed? 

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The Nova Scotia Real Estate
Commission
is the regulator of the
Nova Scotia real estate industry.

Contact Us

Nova Scotia Real Estate Commission

601-1595 Bedford Highway
Bedford, NS
B4A 3Y4

p: 1.902.468.3511 or
1.800.390.1015

f:  1.902.468.1016 or
1.800.390.1016

e: For licensing information
licensing@nsrec.ns.ca
For complaints
compliance@nsrec.ns.ca