A Metro Vancouver couple is left facing thousands of dollars in real estate commission fees, even though the sale never went through.
Subscribe to CTV News to watch more videos:
Connect with CTV News:
For the latest news visit:
For a full video offering visit the CTV News Network:
CTV News on Facebook:
CTV News on TikTok:
CTV News on Twitter:
CTV News on Instagram:
CTV News on Reddit:
—
CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.
Wording in offers to purchase contract has to be looked over carefully. Change the wording if necessary in the contract with initials beside the changes. One of the biggest wordings in these contracts is when it says commission paid on closure of sale. You should change that to on completion of sale.
This fee should be levied on the buyers, not the sellers
Trust but verify…
Sounds like I won’t be using Century 21.
Say, what?
Crooked realtors and judges 🤦♂️
Unbelievable! Take it to a lawyer , that’s obvious ! More fees . Real estate agents are over paid as it is . This is very scary .
Thought if the term of the contract expires with out a Sale – It’s all over
I live in New Brunswick I hope that’s not here also