Guides
Buying and selling, answered straight
Short answers to the questions people ask before they call an agent, with no numbers invented and no obligation attached.
What is my home worth, without an instant estimate?
An instant estimate is a formula that has never seen your home. On LIQWD a verified local agent prepares a free market assessment from recent sales around your street, with no obligation.
How do I find a verified real estate agent in Ontario?
Every agent in the LIQWD directory holds an active licence that was matched to the regulator's record. How to read an agent page and what to ask.
New construction or resale: which is right for me?
New build means choosing finishes and waiting for a closing date that can move; resale means seeing what you get and moving sooner. The trade offs in plain words.
Does a buyer pay the agent on a new construction purchase?
Usually the builder pays your brokerage a co op commission. Your representation agreement with the brokerage says how it is paid. What to read before you sign.
How do I value a new construction assignment?
An assignment sells your agreement, not a finished home. Builder consent, the deposits you have paid, the closing timing and the market since you bought all change the number. A free assessment from a verified agent.
How much is the deposit on a pre-construction home in Ontario?
No law sets the amount; the builder's agreement does, in stages. What the Condominium Act and Tarion protect, and the 10-day condo cooling-off period.
How does the 10-day cooling-off period work on a new condo in Ontario?
A new condo bought from the builder can be cancelled within 10 days for a full refund. When the clock starts, how to cancel, and the freehold rule from 2027.