Question 1

What is the difference between a real estate broker and an agent in Toronto?

Accepted Answer

In Ontario, a Salesperson must work under a registered Broker. A Broker has additional education, examinations, and experience requirements set by RECO, and can independently operate a brokerage. Aldo is a registered Broker, not just a Salesperson.

Question 2

Do brokers charge more than agents in Toronto?

Accepted Answer

No. Commission rates are negotiated per transaction, not based on whether your representative is a Salesperson or a Broker. You simply get more experience and senior negotiation for the same rate.

Question 3

Where are deposits held when I buy a home in Toronto?

Accepted Answer

In Ontario, your deposit is held in trust by the listing brokerage's regulated trust account — not in escrow with a third party. At Re/Max Crossroads, deposits are protected under RECO's consumer deposit insurance program.

Question 4

Can a broker help me with a power-of-sale property in Toronto?

Accepted Answer

Yes. We have extensive experience listing power-of-sale properties on behalf of lenders and helping buyers acquire them. Power-of-sale transactions in Ontario have strict disclosure rules that a broker is best positioned to navigate.

Question 5

Do you handle multi-unit and investment property in Toronto?

Accepted Answer

Yes. We work with landlords on duplexes, triplexes, and small apartment buildings across Toronto, including cap-rate modelling and guidance on legalizing basement suites under Ontario's Residential Tenancies Act.

Question 6

What happens if my broker retires or leaves the brokerage?

Accepted Answer

Aldo has been with Re/Max Crossroads Realty for over 35 years. If a broker ever leaves, your representation agreement is with the brokerage, so service continues seamlessly under another licensed representative.

Question 7

Are you regulated and insured in Toronto?

Accepted Answer

Yes. Aldo Udovicic is a Broker (RECO #3064712), Re/Max Crossroads Realty is a registered Ontario brokerage, and we carry mandatory Errors & Omissions insurance plus RECO consumer deposit insurance.

Question 8

Can a broker represent both buyer and seller in Toronto?

Accepted Answer

Multiple representation is permitted in Ontario only with full written disclosure and informed consent from both parties. We typically prefer to recommend an outside agent for one side to avoid any conflict of interest.

Real Estate Broker in Toronto

How We Help Toronto Buyers and Sellers

Brokerage-Level Negotiation

Trust Account Oversight

Investment & Multi-Unit

Pre-Construction Assignments

Estate & Power of Sale

Relocation

About Aldo — Your Toronto Real Estate Broker

Toronto Neighbourhoods We Cover

How We Work

What Toronto Clients Say

Frequently Asked Questions — Real Estate Broker in Toronto

Watch Aldo on Toronto Real Estate

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