Phone: 416 489 2121  Fax: (416) 987-2218

Buyer Representative Agreement Form

March 4, 2011 - Updated: March 4, 2011

The Buyer 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, introduced guiding principles mandating that REALTORS® ask their clients to sign a Written Representation Agreement at the earliest possible time.

When choosing representation, homebuyers have the option to sign either a Buyer Representation Agreement or a Buyer Customer Service Agreement.

The Buyer Representation Agreement signifies that for a designated period of time, the buyer has engaged a specific REALTOR® firm to work exclusively on his or her behalf at finding a property. The agreement confirms the REALTOR®’s commitment to make his or her best efforts for the buyer.

A short video to view  -   

 

http://www.youtube.com/watch?v=g15BaodM6M8&feature=player_profilepage

 

By signing the Buyer Customer Service Agreement the buyer acknowledges the Broker has provided him/her with written information explaining agency relationships including Seller Representation, Sub-Agency, Buyer Representation, Multiple Representation and Customer Service.

 

Hope this was helpful

 

Toni and George


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Royal LePage Real Estate Services Johnston & Daniel Divison Brokerage
Brokerage

477 Mount Pleasant , Toronto, ON M4S 2L9

Phone  416 489 2121
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