News Bulletin - February 1, 2017

Bylaw Revisions
Buyer Brokerage Agreement Resources
BBA Information Sessions
The Clause Book is Back!

Bylaw Revisions
The Commission Board of Directors have approved amendments to the Commission Bylaw, effective February 1, 2017.

Read More

Buyer Brokerage Agreement Resources
A reminder to licensees that the Commission has put together a one­stop­shop of
resources on the new Buyer Brokerage Agreement for both consumers and
licensees. Included are answers to questions such as:

  • Why now?
  • What is the purpose of buyer brokerage agreements? 
  • When should a buyer brokerage agreement be signed?
  • What should consumers know when given a buyer brokerage agreement?
  • What are the Do's and Do not's for licensees?

If you have questions that are not answered here, contact us! Read More

BBA Information Sessions
The Nova Scotia Association of REALTORS® has agreed to hold an additional
mandatory buyer brokerage agreement information session for licensees who
practice common law agency. This additional course will be held on 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.

The Clause Book is Back!
We're pleased to release 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.

Download the Clause Book

Recent Sharable Content
Proactively deal with expiring agreements -­ January 17, 2017 
When a licensee changes brokerages, what happens to their listings? - ­November 30, 2016 
How to properly deal with competing offers ­- November 24th, 2016
What do we mean when we say something is required 'in writing'? - November 16, 2016
Homes with spooky histories: Stigmatized Properties - Oct 31, 2016

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