Why a REALTOR®?

Maybe you're buying a home for the first time. Or maybe you're selling your old home to move to something new. Whether buying or selling, you’re involved in an intricate process requiring many specialists. One of these specialists might be a REALTOR^®, who’s responsible for making the transaction as easy as possible for you.

The REALTOR^® Difference

However, not every licensed or registered broker or salesperson is a REALTOR^®. To be a REALTOR^®, the agent must be a member of The Canadian Real Estate Association (CREA). And to be a member of CREA, an agent is expected to be:

• Committed to the REALTOR^® Code: The code is the accepted standard of conduct for all real estate practitioners who are REALTORS^®. It's your guarantee of professional conduct and the quality service. Read more about the REALTOR^® Code.
• Knowledgeable about developments in real estate: A REALTOR^® can get you the information needed to make an informed decision: comparable prices, neighborhood trends, housing market conditions and more.
• Actively updating education: Through courses, workshops and other professional development, a REALTOR^® maintains a high level of current knowledge about real estate.
• Access:  REALTORS^® have access to Board MLS^® Systems, which facilitate the cooperate sale of properties to benefit consumers.

Benefits of a REALTOR^®

Whether buying or selling a home, you can trust that your REALTOR^® will ensure the transaction is completed competently and professionally. You don’t have to worry about the details – your REALTOR^® can take care of them for you. You can get advice from someone with an intimate knowledge of the local housing market. And you can count on the help of a professional who has committed to serve with integrity and competence.

Protecting yourself in an assignment agreement

People buy and sell real estate in BC with a document called the Contract of Purchase and Sale. It describes the rights and obligations of the buyer and seller.

A contracting party can sell those rights to someone else unless the contract states otherwise. This type of transaction is known as an assignment agreement.

In simple terms, someone can buy the right to step into the original buyer's shoes to complete the contract.

The person selling the contractual rights is the assignor. The person buying the rights is the assignee. The money the assignee pays for the contract is the assignment fee.   

Here are 10 steps to take before you enter into an assignment deal.  

You should ensure that:

1. you work with a REALTOR®. Your REALTOR® will help protect your interests and bring knowledge of the provincial legislation that governs real estate transactions.
2. the person assigning the contract has the right to do so;
3. the original contract permits assignments;
4. the original seller is aware of the assigment;
5. the property is or was listed for sale;
6. the identity of every individual involved in the transaction has been verified;
7. all money already paid and owed is accounted for and dealt with in the assignment contract;
8. you seek legal advice before agreeing to pay the assignment fee;
9. you understand the additional risk associated with paying the assignment fee before the original contract is finalized; and
10. you consult an accountant to understand the tax implications.

Welcome to this Beautiful free standing 3 years old West Coast stylebuilding plus restaurant business in Harrison Hot Springs. $998,000

Welcome to this Beautiful free standing 3 years old West Coast style building plus restaurant business in Harrison Hot Springs. $998,000

130 seat restaurant on 33x130 lot situated minutes from beach, tourist promenade, & major resort & hotels. Well designed 2,245 sq ft building has high vaulted ceiling, air conditioning, washrooms, generous & well equipped kitchen plus an extra 350 sq ft outdoor covered balcony. 

Currently serving simple but well received menu, recipient of the 2013 Excellence in Culinary Award. Liquor license, suitable for other menus as well. 

It caters to group functions. It is an ideal family run business that prides itself in building a meal from scratch. All foods are prepared in house from fully fresh products & special recipes. All baking is done on site. Absolutely excellent investment opportunity for this beautiful property plus profitable restaurant business.

Contact Maria @ 604-839--6368 or visit www.mariamak.com for more details and arrange private viewing.

Maria Mak - Burnaby Realtor - Please donate generously or join me in this fundraising event -Kayak for a Cure 2015 - in memory of my mom

Please donate generously or join me in this fundraising event -Kayak for a Cure 2015 - in memory of my mom - which will take place in Vancouver on August 29th 2015. 

Follow the link below and help me make my goal reached this year - THANK YOU.

http://convio.cancer.ca/site/TR/UnitFundraisingEvent/General?px=5506688&pg=personal&fr_id=16335#.Vcdy75VRHIU