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Two heads may be better than one in selling the family cottage: Ask Joe

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I’m ready to sell my cottage. Can I work with both a Toronto brokerage and a local brokerage?

You can list your cottage with more than one brokerage — the arrangement you described is known as a co-listing agreement — but you may have to shop around to find two real estate brokerages who will agree to it.

If you want to sell your cottage using both a local and city-based real estate brokerage, ensure  one has experience with cottage issues.
If you want to sell your cottage using both a local and city-based real estate brokerage, ensure one has experience with cottage issues.  (Dreamstime)

It’s important that at least one of the salespeople working with you is experienced in buying and selling cottages, because there are issues that are unique to such transactions. For example, there are special considerations arising from waterfront properties.

Sellers enter co-listing agreements for a variety of reasons. Two brokerages could present different, but equally-attractive marketing strategies. Or a home may be co-listed when there are two or more owners of a property and each wants to use their own brokerage. This sometimes happens when a home is sold during divorce proceedings.

If you choose to co-list your cottage, make sure the final agreement specifies which brokerage is responsible for which service; that it’s clear how the listing brokerages are splitting the listing-side commission between themselves (the agreement may specify what that split will be, so there aren’t any disagreements later on); and that it includes the amount of commission to be paid to any co-operating brokerage that acts for the buyer.

For example, you may want the local brokerage to market the property locally, arrange showings, stage the home, manage open houses, and review the agreement, given their expertise in the local area. Meanwhile, the Toronto brokerage may market the property to prospective Toronto-area buyers. There are a variety of complimentary activities these brokerages could do to help get your property sold.

As I mentioned, there are some special considerations when you buy or sell a cottage. Here are a few questions you may ask yourself before you start the selling process:

  • Zoning: How is the property zoned? Does the municipality provide emergency services and snowplowing in the winter, and are you allowed to use it year-round?
  • Rights and access: Do you need to travel through a neighbouring property in order to access a road or a shoreline, and are there any formal agreements in place? Do you have a survey of the property’s boundaries?
  • Water: Do the tap water and well installation meet provincial standards? What’s the overall condition of the cottage’s septic system, and do you have written inspection and maintenance. I strongly recommend shopping around for a salesperson who best understands your needs and expectations and is experienced in buying and selling similar properties in the area.

If you have a question for Joe about the home buying or selling process, please email askjoe@reco.on.ca.

Joe Richer is registrar of the Real Estate Council of Ontario (RECO) and contributor for the Star. Follow him on Twitter: @RECOhelps

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Halifax’s Scotiabank Centre reopens for Mooseheads’ season opener

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The home of the Halifax Mooseheads will reopen next month to host the team’s season home opener, although the experience will be different as a result of COVID-19.

The Scotiabank Centre will reopen on Oct. 3, after its reopening framework was reviewed by Nova Scotia’s public health and occupational health and safety departments, the company operating the centre and the Quebec Major Junior Hockey League (QMJHL) team announced on Tuesday.

“We’re thrilled to be reopening and welcoming our fans back to Scotiabank Centre,” said Carrie Cussons, the president and CEO of Scotiabank Centre.

The centre will be following all standard health and safety guidelines related to the wearing of non-medical masks, hand hygiene, physical distancing and contact tracing, the company said.

But there will be additional protections put in place as well in order to limit any possible spread of the novel coronavirus.

Scotiabank Centre will be divided into separate zones of up to 200 people with set washrooms, concessions and entrance/exit points for each zone.

The organization also announced that tickets will be sold in groups of up to 10 within the same bubble, respecting the province’s guidelines on gatherings.

Fans and attendees will be required to wear a non-medical mask at all times, except when they are consuming food or beverages, the Scotiabank Centre said.

Tickets will also be mobile-only in order to minimize close contact between individuals.

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Candidate slate set for Halifax election as mayoral race grows to three candidates

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The slate of candidates for the Halifax Regional Municipality’s upcoming election has been finalized and it’s now officially a three-horse race for the municipality’s mayoral seat.

Incumbent mayor Mike Savage will face off against Coun. Matt Whitman, the current representative for the Hammonds Plains–St. Margarets, and political newcomer Max Taylor.

Whitman and Savage have previously announced their plans to run but Taylor’s inclusion in the race was a last minute surprise.

On his campaign’s Facebook page, the 22-year-old says his platform is “simple”

“Get out and vote. I don’t care who you vote for, I care that you vote,” he writes.

One of the more notable aspects of Taylor’s presence in the race is his status on social media platform Tik Tok.

He’s built a following of more than 600,000 people on the platform and his videos have generated more than 20.6 million likes.

What that will do for his candidacy is up in the air, but he’s sure to bring a youthful energy to the process.

 

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Here’s what Toronto’s new 57-storey skyscraper will look like

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The corner of Bay and Harbour may be getting a new 57-storey office tower perched atop the heritage Toronto Harbour Commission Building.

Updated plans for The Hub — a skyscraper from multinational corporation Oxford Properties — have been submitted, and if approved, will see a building designed by London-based firm Rogers Stirk Harbour + Partners to 30 Bay Street.

The project near Toronto’s waterfront which was initially proposed in 2018 will add around 1.4 million square feet of office space to the neighbourhood. The building’s west side will also be directly connected to The PATH network.

The Hub will also sit overtop (but only lightly touching) its next door neighbour: the six-storey Toronto Harbour Commission Building, which was built in 1917.

Nicknamed “The T”, the historic building was sold to Oxford in 2017 for $96 million. Fun fact: The T is also reportedly haunted by the ghost of a janitor.

It’s not entirely clear how the interior of the old Commission Building will play into The Hub’s commercial workspace, but the design of the 57-storey building shows the strategic use of four columns to allow for distance between the main building and The T.

The two buildings will be connected by a “finely detailed glazed atrium.”

Windows will stretch from floor to ceiling in the four-storey lobby, which will be home to restaurants, retail spaces, meeting and event spaces, and maybe a fitness facility.

Floors five to eight of the podium will see larger office floors.

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