Realtors’ ethics
code lays down
rules of conduct

5% of the offered price.
These deposit funds are kept
in a separate bank account as
“Trust Funds" and specifically
designated as a “Trust Ac-
count’ so it is apparent the
monies do nat belong to the
real estate company,

Specific rules and regula-
tions covering a REALTOR's
conduct are contained in the
Codes of Ethics and Stan-
dards of Business Practice
adopted by local real estate
boards, and also In the stan-
dardized Code of Ethics of
the Canadian Real Estate
Code, national organization
for REALTORS in Canada,

A general overview of the
practice standards is covered
here to help make the general
public aware of what consti-
tutes proper conduct by real
estate practitioners.

REALTORS may charge a
fair and reasonable fee for
services. but may not accept
compensation from more
than one party to a transac-
tion unless this has been
agreed to. by all those in-
volved, and is clearly set
down in writing.

Reai estate licensees are
expected to protect and
promote the interests of their
clients, and to be informed
about essential facts, public
policies or laws which might
affect market conditions and,
as a result the client's trans-
action,

REALTORS are obliged to
counsel their clients in a re-
sponsible manner. and also to
reveal any pertinent facts
concerning a property to cus-
tomers. Concealing or mis-
representing facts are clearly
not acceptable.

Licensees may not acquire
an interest in a property or
evaluate a property in which
she hasan -interest unless
that interest has been fully
and completely disclosed to all
clients or customers.

In carrying out their real es-
tate services, licensees must
express all facts and financial
obligations pertinent to a
property on a listing agree-
ment, and ensure that a cus-
tomer's offer is fully and
completely explained in the
Contract of Purchase and
Sale (offer) so no misunder-
standings can arise at a later
date,

Real Estate Board members
must adhere to truthful ad-
vertising practices, always
identify themselves as real es-
tate salespersons, and also
the firm that emplays them.

They should ensure that ail
written contractual arrange-
ments are properly prepared,
and shall advise the use of le-
gal counsel when the interest
of any party to the transac-
tions appears to require it.

All written offers on a
property must ba presented
to the owner as saon as
possible, and should also be
accompanied by a deposit
which should not be less than

1] PREPARED

PREPARING FOR LIFE 1S WHAT WE'RE ALL ABOLT

improve
your
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Or your mind.
Or your cooking.
Or your health.

Go for it: all the
“how-to” books
and videos are on
your library
shelves,

Terrace Public Library
4610 Park Avanua
‘| 638-8177-

Board members agree

never publicly criticize a cam-
petitor, and maintain strict
professional courtesy and in-
tegrity. They agree to conduct
their business in accordance
with the terms of the Real
Estate Act and Regulations of
the Province of
Columbia and to take all rea-
sonable and proper steps to
ensure that no person with
whom they or thelr office is
dealing in a real estate matter
suffers any financial loss or is
put to any trouble or incon-
venience as a result of care-
less or incompetent actions.

There are more specific ar-
ticles to the Code and Stan-
dards, but this overview is
provided to show that the
welfare of the public is of
great concern to the real es-
tate industry.

While the rules hold all RE-
ALTORS to a high standard
of conduct and performance,
as in any field where people
are employed, sometimes the
performance is less than ex-
pected. If a problem arises
during a transaction, the first
one you should advise is the
licensee him or herself. The | we
next person a client should f i
call is the manager of the
salesperson with whom they
are working, Finally, if your
grievance is not addressed tc
your satisfaction you could
lodge a written complaint
with the Business Practices
Committee of Real
Board of Greater Vancouver.

The majority of transactions
carried out in any given year
are done satisfactorily. A RE-
ALTOR's livelihood depends
on how well they serve their
clients and customers, and a
happy transaction could result
in future business through re-
ferrals, For the few circum-
stances where dissatisfac-
tions cannot be addressed by
the individual or company
concermed, there is machinery
in place at the local Board or
through the Real
Counsel to address and dis-
cipline licensee for serious in-
fractions.

Briti

oa tor

"IDEAL FAMILY HOME

an (he Southside. Features 2
lireplaces, large spacious rooms, and a
suite in the basement. Qwner has just

@ freshly painted and installed some new

carpeting. Listed MLS $159,900

Estate

Estate

Shades

to

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Window Blinds

Verticals * Horizontals
Pleated « Carousel

Complete line of
Window Coverings &
Ceramic Tiles
“Free Estimates”
By Appointment Only
4625 Munthe Ave.,

a3
Terraces 3

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Outsta

Achievement
Century 21 Canada

congratulates

LAURIE FORBES
of Century 21
Wightman & Smith Realty Ltd.,
for outstanding achievement in the
3rd quarter of 1994. ’
3227 Kalum St. Contuy,
Terrace, B.C. ~—dai 635

nding

-6361

FAX:
635-4628

4737 STRAUNE

4740 STRAUME

$96,500 EXCL

|
4689 BEAVER
$64,900 EXCL

3921 CRESCENTVIEW
$129,500 EXCL

$115,000 MLS

4524 SCOTT
$49,900 EXCL

4799 STRAUME
$119,900 MLS

3079 HAGEN ST.

TST ae

2086 HEMLOCK

4611 KEITH
$49,500 MLS

oF

$74,500 MLS
pra T,

3814 PINE

TE)

$99,500 MLS

GOSSEN CREEK
$98,500 MLS

7688 QUEENSWAY
$62,500 MLS

1458 MAPLE
$79,900 MLS

$91,500 MLS

2733 CENTURY
$138,500 MLS

4623 HILLCREST

$214,000 EXCL

sé
ne s

635-3908

THE PERFECT HOME
Plenty of space in this 1 1/2 year old
home with 2200 sq.ft. plus a full
basement, 5 bedrooms, 2 baths, main
floor family room, formal dining room,
breakfast nook in kitchen and many

SIDE BY SIDE DUPLEX
Deluxe living in these 3 bedrm, units fult
of fine faatures Including, 3 bdrms., 3
pce. ensuite, fplce In family room and
master suite ceramic file and neutral
carpeting, 2 patios, built in vac and

a alarm system, carport and extra parking

in the rear. Asking $122,900 each side.
MLS

more features. Located close to
schools in the Horseshoe. Call tor
more info. on this quality home. MLS

Jose Ventura {Qwnar}

635-3126

3617 COTTONWOOD
2 year ald home located in
Thornheights, 3 bedrooms, 3 baths,
double garage all on a B0x125 ft. let.
This home offers 1626 sq.fl., 2 nat. gas
fireplaces, oak parquet Heoring in the
family room and bay window off the

: Dave Reynolds

Derick Kennady
635-3042

QUEENSWAY DRIVE
Family homa located on .85 acres
with 5 bedrooms, full basement, new
fanovations inside, also new rool,
Satallite dish included. Listed MLS
$129,900

living toom. Call today on this
axclusive listing.

HOUSES ON ACREAGE
Three houses located on 2.61 acres
on Old Lakelse Lake road in Thornhill.
Presently non-conforming in the area.
Thare is a 3 bedroom, 2 bedroom and
1 bedroom home, Jarge garden area,
lots of fruil trees, bushes and lawn.

| OPEN HOUSE

4817 Soucie Ave.
SAT., NOV, 26/94

2:00 - 4:00 p.m.
Christel Godlinskt
Host for Terrace Realty Lid.

74 . i
Ralph Godtinski

. Lisa Godlinski
635-4950

Asking $169,800 MLS.

ACREAGE NEAR TOWN
Approx. 132 actes located at Kilselas,
Railway & 4x4 road access to the
property, second growth teas, approx.

LIGHT INDUSTRIAL
5 acre wilh 1040 2 bedroom home in
need of many repairs, Great potential
to hold & rent and build a shop ete.
MLS $47,500

6 miles from Terrace, alang railway line.

BENCH ACREAGE
Possibility to subdivide this 4.21 acres
into 2 acre parcels. Located near the
collage with beautiful mountain views.
Listed MLS $156,000.

_| started ‘so call now for more details,

Asking $89,500 MLS
. RETIRE HERE

79 actes plus in lhe picturesque
Kitselas Canyon just minules from

REDUCED
69 acra building fot located in
Thornhill. Lol is cleared and levelled
wilh water system available, Listed
MLS $25,000

Wanda Walberg
798-9534

res Saas “.

JACKPINE FLATS
2 Yaar old home just off of Old Lakelse
lake Dr needs someone with a
decorators flair to finish. Large country
kitchen with solid birch cabinets, a
den/sun room spacious living ream and
a full basement already framed in
makes this home a terrific opportunity
for someone to enjay country living
only minutes fram town. The 2.2 acre
property has an approved septic
system and new well system. MLS
listed foranly $94,900

Ron Redden

638-1915

MODERNIZED SPLIT-LEVEL §
Located on the 4800 block of Soucia: i

1872 sq.ft, 4 bedroom, 3 washroom,
skilllully tenovated split-level home.

Offered for sale through tha Multiple &

Listing Service al $199,900 this home is

ready for quick occupancy. Call us for

an exclusive viewing ol this impressive
ome,

lown! Your dream home has been

MLS

REDUCED!
Large [ot on southside suitable for
bullding 4 plex or tri-plex. Paving L..P.
fs paid for. Listed MLS $31,000

Rusty Liungh

AURALACREAGELOTS
New sub-division located on Solomon
Way in Jackpine Flats, squata in
shape, treed, Wells In {he area have
waler at 60 ff. ready and wailing for
your new home. Price $24,000 to
$26,000 MLS plus G.S.T.

77X 127 FT.LOT
Located in a new subdivision. Nice
larga [ct with all underground wiring
and city sewer & water, Lisled MLS
$24,900,

KITSELAS ACREAGE
Large acteage, approx, 5 miles east
along €.N.R. tracks, 2nd growth of
lrees, 4x4 access road bi-sects: the

property. Legal access being actively %

pursued by Dept. of Highways. Graat

Week-and gel away or future homesite.

$98,500 MLS

JACKPINE LAND
Vacant, well treed property on the
comer of Old Lakelse Lake Road off
Jackpine Road. Priced to sell at
$17, S00MLS

Lynda Boyce
638-1073

374 FT, FRONTAGE ON
KEITH

Over 5 acres industrlal site located
wast of 8.0, Tel shop and across from
B.C. Hydro on the main industlal strip,
Property formerly used as a Drive in
Theatre, mostly level, most city
services avallable, MLS

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