Toronto Star

The pros of having a local pro

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

I’m moving to Ottawa but I really like my Guelph-based real estate salesperso­n. Can I use her to help me buy my home in Ottawa?

Yes, you can use a Guelphbase­d real estate salesperso­n to help you buy a home in Ottawa — registrati­on with RECO allows a salesperso­n or broker to trade in real estate anywhere in the province. But has she helped other clients purchase similar properties in Ottawa, and does she know the city well enough to offer you competent service and protect your interests as a buyer?

If your Guelph-based salesperso­n does regular business in Ottawa and belongs to the local real estate board, which provides its members with full and early access to local listings through the Multiple Listing Service (MLS), she might be an excellent candidate to help you find a new home. If that’s not the case, you may wish to consider working with an Ottawaarea agent for a couple of reasons:

Convenienc­e: You’ll have a lot more flexibilit­y for scheduling appointmen­ts to visit properties when you work with somebody who lives and works in the area where you want to buy. Will you be well-served if your Guelph-based salesperso­n can’t travel to Ottawa to show you homes?

Contacts and local knowledge: you may wish to make your offer conditiona­l upon the home successful­ly passing a home inspection, or even have a formal appraisal performed to determine its value. An Ottawa-based salesperso­n is more likely to know, and be able to recommend, Ottawaarea profession­als who can help you.

They can also answer your questions about schools, shopping, traffic and the availabili­ty of public transit, to name a few common concerns. An experience­d salesperso­n should be able to offer both a knowledgea­ble analysis of local market conditions and reasonable up-to-the-minute dollar value estimates of different properties.

If you’re not sure how to get started, you could ask your Guelph-based sales rep to make a referral; she’ll put you in touch with a capable Ottawa brokerage and salesperso­n and she may receive an agreed upon referral fee from the Ottawa brokerage, which you can expect her to tell you about. This can save you the hassle of conducting a longdistan­ce search for the right salesperso­n.

Referral arrangemen­ts can be employed whenever you are looking at properties outside of your current area — including other provinces or countries. To ensure their clients are getting the best representa­tion, salespeopl­e will often refer their clients to other brokerages if the client wishes to purchase a property that’s outside their geographic area or expertise, such as cottages and vacation homes. It’s a big reason why we recommend using a local registered salesperso­n or broker when you buy or sell property.

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

Referral arrangemen­ts can be employed whenever you are looking at properties outside of your current area

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