But if a real estate agent is behaving unethically, it could cost you tens of thousands of dollars — or even the house of your dreams. Help could be on the way in Ontario thanks to an impending review of unethical behaviour by real estate agents that has the potential to result in more fairness and transparency during heated bidding wars, real estate agents say. Ontario to consult with real estate sectorThe Ontario Ministry of Consumer and Government Services said Friday it doesn't yet have specific details of a review into double-ending but said "the government will be consulting with the real estate sector and consumers on potential changes to the rules." "I think at a minimum they need to ban the practice of one real estate agent representing both parties," he said. In Ontario, agents are forbidden under the Real Estate and Business Brokers Act from manipulating deals or using confidential information to give clients an unfair advantage.

Source: CBC News April 22, 2017 09:00 UTC