News Bulletin - December 23, 2016

Important Notice for Common Law Licensees: Two BBA Information Sessions Added!
Discipline Newsletter Released: December 2016
The Clause Book is Back!
Buyer Brokerage Agreements are becoming mandatory for common law licensees

Important Notice for Common Law Licensees: Two BBA Information Sessions Added!
The Nova Scotia Association of REALTORS® has agreed to hold two additional mandatory buyer brokerage agreement information for licensees who practice common law agency.

These additional courses will be held on Monday, January 16th and Friday, February 3rd from 9:00 a.m. to noon in the NSAR Auditorium at 7 Scarfe Court.

If you are a licensee at a common law brokerage you are required to take the BBA info session or the updated common law agency course (courses after October 2016) by February 12, 2017.

The BBA info session is a half day and the course fee is $109.25. The common law course is a full day and the course fee is $287.50.

Please contact the NSAR to register

Discipline Newsletter Released: December 2016
The Commission has released the latest Discipline Newsletter.

Read More

The Clause Book is Back!
We're pleased to release to you the revised Clause Book, ahead of schedule!

The purpose of this resource is to assist licensees in determining the appropriate language for basic conditions in agreements. The clauses have been written in a standard format that are in conformity with the Act and Bylaw and may be amended to better reflect unique situations.

A big thank you to the Commission's Forms Committee for taking on the task of revising the previous Clause Book and working diligently to improve this resource for licensees.

Read More

Buyer Brokerage Agreements are becoming mandatory for common law licensees
Starting January 1, 2017, brokerage agreements will be mandatory for all buyer clients of brokerages in Nova Scotia.

We have put together some reference material to help licensees and consumers when completing these agreements. Everything you need is conveniently located on our website.

New Policy for Coming Soon Advertising
The use of ‘Coming Soon’ advertisements by licensees for properties pending placement on the MLS system has noticeably increased over the past few months. The next time you take to Instagram or Facebook to highlight an anticipated future listing, take a moment to ensure what you are displaying meets the Commission’s Board of Director’s recently approved policy setting minimum standards for ‘Coming Soon’ advertising and promotions.

Commission Newsletters

View browser versions of our new Commission News below:

Compiled Commission News Bulletins - This document contains every Commission News Bulletin published by the Commission. Use the PDF search window to enter and search for specific topics.

The Nova Scotia Real Estate
Commission
is the regulator of the
Nova Scotia real estate industry.

Contact Us

Nova Scotia Real Estate Commission

601-1595 Bedford Highway
Bedford, NS
B4A 3Y4

p: 1.902.468.3511 or
1.800.390.1015

f:  1.902.468.1016 or
1.800.390.1016

e: For licensing information
licensing@nsrec.ns.ca
For complaints
compliance@nsrec.ns.ca