Coronavirus (COVID-19) Response - March 30th, 2020 - Bosley Real Estate Ltd. Brokerage - Homes and houses for sale in Toronto including Cabbagetown, The Annex, Danforth Village, Lawrence Park and Riverdale

COVID-19 Response to our Valued Clients and Representatives

On March 24th, 2020, Real Estate was numbered among the businesses deemed essential for the province moving forward. Ridiculous, you say! Perhaps not, if you consider the following:

Most real estate transactions take 60 to 90 days to close, before the funds are transferred, the keys exchanged and the new owner takes possession. In the meantime, inspections are done, problems remedied, conditions are met and the deposit monies are placed in the Brokerages’ trust account. All of these actions are organized by the buyer and sellers’ REALTOR and his/her brokerage firm.

Today, Brokerages have hundreds of transactions waiting to close on the contracted date. Now, more than ever, it is imperative that we do everything in our power to ensure a successful transfer of ownership.

We must also consider the people who have successfully sold their home, but have not purchased or even rented another. Your REALTOR has the ability to virtually show you homes available and in some cases, particularly where the property is vacant, arrange a physical showing. In these uncertain times, it is more important than ever that your purchase contract contains clauses which to the best of our ability, can protect you from non-completion of a firm deal.

Our Bosley agents have been advised that we have been deemed an essential service to conduct only essential business. for example, someone who has bought but has yet to sell their property or someone who is in critical need of reclaiming their financial investment in their property. We will follow a strict COVID-19 protocol for all showings and our contracts will contain clauses intended to protect the integrity of the deal. Make no mistake. This is not business as usual.

As has been the case, for the past 93 years, Bosley Real Estate is here to serve our communities, neighbourhoods and families. We are all in this together.

Sincerely,

The Bosley Family