Tags Posts tagged with "double-ending"

double-ending

Arthur Kozlowski

20

Green Hedge Realty says that by using their brokerage to both sell and buy, “Homeowners can break even on commission fees, effectively pay nothing, even if the new house costs less.”

35

One of the first pieces of advice that I received from the pros after getting into this business was this: Don’t ever let the buyers and sellers talk to one another, especially when working a double-ender, until after the deal has closed.

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The draft proposal from the Office of the Superintendent of Real Estate prohibits the practice of dual agency, except in “remote locations that are under-served by licensees.”

29

Allow me to address what is referred to as double-ending, or representing both seller and buyer in a sales transaction. It’s certainly fraught with risk, but is it too risky to participate in this practice?

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"As an ethical, active real estate broker in Toronto... I do not support the position the Ontario Real Estate Association (OREA) or the government (banning “double-ending” altogether) has taken."