finance

Can a realtor sell their own home in BC?

Can a realtor sell their own home in BC?
Can a Realtor sell their own home? Yes, provided they meet their ethical obligations and disclose to potential buyers that they’re the property owner.

How do I sell my house without a realtor in BC?
Research. Before taking any action, do plenty of research on other homes for sale and the paperwork and legal requirements. Prepare the Property. Get a Property Evaluation and Inspection. List Your Home. Showing and Selling Your Home. Finish Legal Documentation.

Can a realtor represent both buyer and seller BC?
As a real estate professional, when you represent clients with competing interests in the same transaction, you can only provide limited duties to both parties. In a dual agency agreement your duties are limited as follows: Duty of Loyalty: You must deal with both clients impartially.

Can one agent represent multiple buyers?
Legally and ethically, it is possible for a real estate agent to represent two or more competing buyers on the same property. The real estate agent would have to disclose to all parties that there is a multiple representation situation. If you accept the disclosure, then you can proceed.

Is an intelligence officer a spy?
In the intelligence world, a spy is strictly defined as someone used to steal secrets for an intelligence organization. Also called an agent or asset, a spy is not a professional intelligence officer, and doesn’t usually receive formal training (though may be taught basic tradecraft).

How many agents can you submit to at once?
You should only send out between six and eight queries at a time. Why? Because researching literary agents takes time and effort.

What are the five classes of agents?
The five types of agents include: general agent, special agent, subagent, agency coupled with an interest, and servant (or employee).

Can I own more than 1 HDB?
If you’re applying for a second housing loan from the HDB, you have to meet certain HDB eligibility criteria. Essentially, you have to use up to 50% of the sales proceeds from your last flat. HDB will permit you to keep $20,000 in your OA, and use the remaining balance to buy the flat.

Can I buy my parents HDB?
If you are a single Singapore Citizen (SC) above 21 years old, you can buy a resale HDB flat with your parents as a family nucleus, under the Public Scheme (if your parents are also SC or SPR) or under the Non-Citizen Family Scheme (if your parents are foreigners but with a valid Long Term Visit Pass).

Can you sell HDB on your own?
Home owners can sell their HDB flat on their own, even without a salesperson. Learn more about how to use the HDB Resale Portal.

Can you sell your own house in Singapore?
As a seller, you will need to hire a conveyancing lawyer to act for you in the sale. If you are selling an HDB flat, you will have the option of using HDB’s lawyers. For both HDB and private property, you can contact a private lawyer to handle the matter for you.

Can a realtor represent themselves as a buyer in BC?
Your real estate professional cannot represent both you (the buyer) and the seller in the same transaction. However, you can choose a different real estate professional to represent you going forward.

Can I buy a resale HDB as a single owner?
Singles—whether individually or jointly—can purchase any type of HDB resale they desire, provided they can afford it. The main disadvantage of buying a resale flat is the cost. At present, and reasonably for the next 30 years or so, the smallest resale HDB you can probably buy is a 3-room unit.

How can you tell if someone is a secret agent?
He or she has an expert knowledge of a regional language or languages. No job (or a low-paying one) but always seems to have money. And usually an exceptionally nice apartment. Always seems to know far more about regional politics than you or any of your friends.

What is the difference between an agent and a double agent?
A spy who is pretending to work for one country while really working for that country’s enemy is called a double agent. If you were hired in North Korea to spy on the United States, but you were secretly supplying confidential information about North Korea to the US government, you could call yourself a double agent.

Should I submit to multiple agents?
It’s absolutely fine to send your submission to more than one agent. They expect you to have approached one or more of their peers, and competition is considered healthy.

Can a married Singaporean buy HDB alone?
Can a married Singaporean buy an HDB flat alone? A married person cannot buy an HDB flat under his or her name alone. The spouse must either be a co-owner or an occupant of the flat.

Can I sell my HDB to my sibling?
ELIGIBILITY TO TAKE OVER THE FLAT 9.1 An HDB flat owner may change the flat ownership to his/her immediate family members such as spouse, parents, children, or siblings if it is due to reasons acceptable by HDB. 9.3 For proposed owner and/ or occupier who is married, his/ her spouse must be listed in the same flat.

Can I inherit HDB from my parents?
Yes, a minor can inherit a HDB flat under the deceased’s final will or under section 7 of the Intestate Succession Act if there is no will.

Can I sell my own property in Singapore?
Compared to the rather tedious HDB process, the procedure to sell a private property in Singapore without an agent is easy. Some of the snags you might hit during the resale condo procedure include: Buyer fails to get Approval in Principle (AIP) from their bank before signing the OTP.

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