Recently, a TREB Member brought to our attention a situation that has occurred multiple times at their Brokerage.
A tall, sturdy man in his late 50s has approached several REALTORS® operating at their Mississauga Brokerage with an interest in finding a condo property and, in one case, a commercial property located around the Square One area.
In all cases, the man's REALTOR® showed him several properties before the man put in an offer. Each time, following a lengthy negotiation process, the offer would be signed and then, when it came time for the man to drop off the deposit cheque, he would disappear.
This has caused wasted time and energy for the REALTORS® involved and potentially caused several properties to be on the market longer than necessary.
Did you know? The following are all accessible from the Stratus home page via the Your Resource Centre button.
- Member Alerts (including archived items);
- A Fraud Red Flag Checklist;
- CREA’s ‘The Safe Side - REALTOR® Safety Issues’ brochure; and,
- REALTOR® Safety Tips.