News Bulletin - January 19, 2017

Win a Free Licence Renewal!
Buyer Brokerage Agreement Resources
Commercial Forum
Discipline Newsletter Released - December 2016
The Clause Book is Back!

Win a Free Licence Renewal!
The Commission turns 20 this weekend and we're celebrating with a draw for a free licence renewal!

Entering is easy, all you have to do is LIKE the post about our contest on our Facebook page anytime from now until 11:59 p.m. on January 22nd. We'll announce the randomly selected winner on Monday, January 23rd. GOOD LUCK!

*Note that you must be currently licensed with the Commission to enter. The free licence renewal does not include any applicable Recovery Fund fee.*

Go to our Facebook page

Buyer Brokerage Agreement Resources
A reminder to licensees that the Commission has put together a one-stop-shop 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 Dont's for licensees?

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

Visit nsrec.ns.ca/bba

Commercial Forum
Reminder to Commercial licensees that NSAR Commercial Forum is on Friday, January 20th. To satisfy the CPE requirements, commercial salespeople may attend either the Commercial Forum OR the course Effective Communication and Real Estate.

Register for the Commercial Forum

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.

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 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

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