BUYERS' REPRESENTATION AGREEMENT

GUARANTEEING YOU THE VERY BEST IN REAL ESTATE SERVICE


When it comes to just about every kind of contract, signing on the dotted line makes us all a little bit nervous.

When selling a home, most people are aware they sign a Listing Agreement with a REALTOR®. There is, however, an agreement that REALTORS® ask their home buying clients to sign. It’s an agreement that works in favour of buyers, guaranteeing the very best in real estate service.

The Real Estate Council of Ontario (RECO), a public agency formed to protect consumers and regulate the industry requiring REALTORS® to have their clients to sign a Written Representation Agreement prior to providing any assistance.

When choosing representation, home buyers have the option to sign a Buyer Representation Agreement with a real estate brokerage to be a client OR to represent themselves and be considered a self-represented party - this means that you have chosen to represent yourself, which has different rights and responsibilities. Very few buyers or sellers make this choice.


Click here for RECO's Information Guide on this important decision (page 4-5).


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