Buyer Agency Agreement - Why Sign?

One of The Real Estate Council of Ontario's regulation is that a real estate broker or salesperson must explain Agency Relationship to consumers so that they understand how they are being represented by the brokerage. The buyer can be treated as a client or a customer but as a customer, the obligations of the broker or salesperson will be different. Understandably consumers are hesitant to sign a Buyer Agency Agreement because they don't want to sign a contract in order to work with a realtor but yet they are ready to sign an offer to purchase which is a contractual agreement between a seller and a buyer.  It is very important to understand what services the realtor is providing and are they working to protect your best interest. Click here for a quick video from the Toronto Real Estate Board explaining 4 reasons why you should sign a Buyer Agency Agreement (B.R.A.). 

Rose Lopez-Frometa

Rose Lopez-Frometa

Branch Manager
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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