In fact it’s one of the best tools to protect purchasers and get the most of a real estate broker’s experience and knowledge, and by the same token guide you in choosing a property that meets your criteria and your budget.
The purchaser without a BCP must know that he cannot be represented by the listing broker but that he will nevertheless be entitled to fair treatment. The broker who takes out a promise to purchase without being under contract with the purchaser works ”de facto” for the seller. This means that this broker cannot advise, guide or negotiate the price for the buyer.
The BCP is not mandatory but is advantageous for purchasers since it specifies the bases on which his broker will act with regard to his rights and interests and allows him to choose a dedicated broker who fully understands his needs and criteria and who can advise him judiciously.
For more details ask your broker or contact me Lucyne Farand: 514.952.96316 or lfarand@royallepage.ca
In the Laurentians, as in many other regions, renovations before selling a property can play a key role in its appeal and sale price. Here are the renovations generally considered the most profitable, as well as those that tend to be less beneficial. 3 Most Profitable Renovations 1. Kitchen Renovation The kitchen is often the
Renewing your mortgage this year? Royal LePage has published a number of online resources available at the following links: OSFI to drop mortgage stress test for uninsured borrowers who switch lenders at renewal Federal government announces landmark adjustments to mortgage rules for first-time buyers in Canada 30-year amortizations on insured mortgages for new build homes
There are lots of reasons for selling a second home. You may be looking for a change, going through a separation, or noticing the property value has gone up. In some regions, the price of cottages and condos has doubled , which is advantageous for sellers. Since the pandemic, the secondary residence sector has been quiet due
