If you have a seller, whereby you have contracted a relationship to work on their behalf and would like to enter their posting, simply enter you password and user ID. You will be able to indicate the commission fee that you will be charging which will be entered into the confirmation of cooperation. This fee becomes part of the deal, in that if the assignor feels that it is too high or in that the assignor and the assignee have come to a stalemate in that they are close but not willing to complete the deal, you can interact and reduce your portion of the listing commission making the transaction more feasible and allowing the transaction to take place. An administration fee of $1,500 will be paid prior to posting the assignment and will be the cost of having the property posted. There is no time line for the posting, if you have a client who gives you a listing contract for 3 months whereby it does not sell and wishes to re-post you will be charged again. We suggest that you get an extended listing for until the property is registered to save additional costs.

If you decide to work with an Assignment Professional, simply fill out the referral. They will compensate you a 25% as a referral fee upon succesful completion of the assignment transaction, please note that if you are looking to post your listing on our website AssignIt.ca takes no responsibility and will not verify any of the information that you provide. You and your brokerage will become personally liable for any and all liability that may arise. AssignIt.ca will only be charging an administration fee upfront regardless of the assignment outcome.

It is important that you realize that you are acting on behalf of your client and that you have a fiduciary duty to act on their best interest at all times. We recommend that you take the time to analyze the posting well and compare it to other postings along with the re-sale market value and the pre-sale developers pricing. You should also be well versed on the assignment rights of your client. Speak with the developer and read their original agreement of purchase and sale to find out if they will consent to an assignment. If they will not allow, you may be able to sell the assignment whereby the assignee will finalize the transaction after the assignee meets all their conditions and responsibilities with their developer's final closing.

AssignIt.ca will use our systematic approach to gain consent from all parties and complete a legal and binding assignment agreement. Your safe bet is to refer your listing to an Assignment Professional or take the course.