FAQ

Q.  How will I save money?

A.  SPCcanada Lawyers practice independent representation and only represent their client in the real estate transaction. Your fee includes listing advice, web site marketing, service options, contract negotiating, title transfer and more for one fee. Essentially, you can one stop shop with your SPCcanada Lawyer.

 

Q.  If I list my home with a SPCcanada Lawyer will only SPCcanada lawyers be able to show my home to prospective buyers?

A.  No. The SPCcanada system permits any prospective buyers and their representatives to view SPCcanada listings and to present offers on their buyer's behalf.

 

Q.  I thought realtors were the only group that could sell property. Since when could Lawyers sell property?

A.  Lawyers in British Columbia have been exempt from real estate licensing requirements since Bitish Columbia became the first province to regulate real estate sales over 80 years ago. As the rest of the provinces began to regulate their real estate industries they included similar lawyer exemptions.

 

Q.  Do other countries have Lawyers selling property?

A.  Yes. Lawyer sales is gaining popularity in countries such as Australia, New Zealand and England. But the most successful Lawyer sales model is in Scotland where it is reported that over 90% of all property transactions are completed by Lawyers. In Scotland it is not uncommon for fees of less than 2.5% to be charged to the seller. SPCcanada is modeled closely on the Scottish system.

 

Q.  How do I list my property?

A.  Call your Lawyer. SPCcanada registration is quick and easy for any Canadian lawyer in good standing. If you do not have a lawyer, search the SPCcanada Lawyer Directory for a member in your area.

 

Q.  What is a fixed closing date?

A.  A fixed closing date is the date in which all offers from prospective purchasers are presented to the seller's SPCcanada Lawyer. A fixed closing date provides buyers with time to complete due diligence on the property (i.e. home inspection, appraisal, title searches etc.). A fixed closing date provides sellers with the opportunity to receive the best offer on a fixed date.