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#216496 - 04/01/08 04:09 PM Giving out Info
SuzyQ Offline
Junior Member

Registered: 04/01/08
Posts: 4
Loc: Ontario, Canada
I'm a soon to be newbie. I passed all of my courses and now I am justing waiting on RECO to give the official go ahead.

I've already had multiple people ask me "How much did that house sell for?". They want me to look up the closing price of a house they were interested in. I'm 99% sure that giving out info such as this is against the privacy act. However, can I tell them that it sold for 97% of asking price..or something along those lines?

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#216677 - 04/02/08 08:53 AM Re: Giving out Info [Re: SuzyQ]
DavidPylyp Offline
Member

Registered: 11/09/05
Posts: 153
Loc: Toronto, Etobicoke, Mississaug...
I would be pleased to provide that information for you.
Please provide an email address so that I can email the correct details, by the way I send periodical emails that are real estate related would you like me to add you to that list also?
_________________________
David Pylyp
Toronto West, Etobicoke & Mississauga
Living in Toronto
Humber Bay Shore Condos
[email] david@davidpylyp.com [/email]

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#216995 - 04/03/08 03:03 PM Re: Giving out Info [Re: DavidPylyp]
SuzyQ Offline
Junior Member

Registered: 04/01/08
Posts: 4
Loc: Ontario, Canada
I found out the answer to my own question. Apparently any info listed in MLS is fair to use and disperse.

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#217661 - 04/06/08 01:51 PM Re: Giving out Info [Re: SuzyQ]
Constantine Offline
Member

Registered: 04/05/06
Posts: 35
Loc: Peterborough & Kawartha Lakes,...
If title has not yet changed you are not allowed to disclose the terms of the sale till then. You need written consent of both the buyer and seller, regardless of who was the owner is.
CODE, Sec. 36(9)) REBBA 2002.


Edited by Constantine (04/06/08 01:59 PM)
_________________________
Constantine Isslamow
Broker of Record
Mortgage Broker
Century 21 United Realty Inc. Brokerage
Peterborough, Ontario

"Attention, all planets of the Solar Federation: We have assumed control."

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