Why Should I Include a Financing Condition When I’m Prequalified for a Mortgage?

My mortgage broker had me prequalified for a mortgage, but still says I should include a financing condition when submitting an offer to...

Are There Any Risks When Buying a Foreclosure?

I recently found a house listed at a price that seems too good to be true. I discovered the house is a court-ordered...

Can My Real Estate Professional Selling My Home Also Represent the Buyer?

I’m selling my home, and the potential buyers also want to use my real estate professional to represent them. Is that allowed? Yes, that’s...

A Real Estate Professional Will Buy My House If It’s Not Sold in 90...

I saw an ad saying a real estate professional will buy my house if it’s not sold in 90 days. Should I be...
realtor

Is it True that There is a Standard Rate of Commission in Alberta?

My real estate professional told me there is a standard rate of commission in Alberta, is that true? It depends what they mean...
builder  e

Do I have to Work with the Builder’s Agent? Can I have My Own?

I want to buy a new build home from the builder, but I don’t want to work with the builder’s representative. I want...
estate agent

Why Do You Need a Licence to Buy or Sell Property?

I saw on the news that fraudsters are being charged with unlicensed real estate trading. Why do you need a licence to buy...
old house  e

A Builder Wants to Buy My Older Inner-City Home without Involving a Real Estate...

I own an older home in a popular inner-city neighbourhood. A builder knocked on my front door and asked me if I’d be...
for sale  e

Is it the Right Time to Purchase a Home?

I interviewed a real estate agent who said now is the time to sell because average sale prices in my city rose 15%...
nuclear  e

I’ve been hearing reports about radon in Alberta homes; should I be concerned?

I’ve recently started hearing reports about radon in Alberta homes. If I’m buying a home in Alberta, is it something I should be...
expire  e

I’ve Made an Offer that Expires, but the Seller’s Agent Won’t Take It to...

I’m in a time crunch and need to purchase a property fast. I’ve made an offer that expires in the extreme short-term, but...
RECA Ask Charles bg

What’s the Difference Between Being a Real Estate Client and Customer?

I’ve heard that calling myself a “customer” of a real estate professional means I won’t have to pay them for their services. Is...