REALTORS® work within a legal relationship called agency.
The agency relationship is establis...
What does a REALTOR® do?
When you and your REALTOR® agree to work together, your REALTOR® is making a legal and professional commitment to you. Remember, not every real estate agent can call themselves a REALTOR®. REALTOR® is a trademarked term belonging to the Canadian Real Estate Association. It represents a high standard of professionalism and commitment to value for clients.
Legally, a REALTOR® is obligated to protect and promote the interest of their clients, as they would their own. REALTORS® have the following duties:
You and your REALTOR® will work together to build a relationship. Your REALTOR® will listen to your needs and expectations, and clearly tell you what services they provide. This includes an explanation of agency, the most important aspect of the client- REALTOR® relationship. All of this will be put in writing.
Legally, a REALTOR® is obligated to protect and promote the interest of their clients, as they would their own. REALTORS® have the following duties:
- Provide undivided loyalty to their client.
- Obey all lawful instructions of their client.
- Keep the confidences of their client.
- Exercise reasonable care and skill in performing all assigned duties.
- Account for all money and property while acting for their client.
You and your REALTOR® will work together to build a relationship. Your REALTOR® will listen to your needs and expectations, and clearly tell you what services they provide. This includes an explanation of agency, the most important aspect of the client- REALTOR® relationship. All of this will be put in writing.
Tip Sheets
What is a contract and when is it legally binding?
A contract is a legally binding agreement b...
Under all is the land. Upon its wise utilization and widely allocated ownership depend the sur...
Working with a Real Estate Agent:
Buyers and sellers are presented with the brochure “Working w...
Working with a Real Estate Agent:
Buyers and sellers are presented with the brochure “Wor...