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buyers and sellers in real estate

Maria Mak - Burnaby Real Estate Agent - understanding agency relationship when working with a realtor

By Maria Mak - Sut... on May 7, 2012 - 5:49pm

REALTORS® work within a legal relationship called agency.

The agency relationship is established through a contract between you, the client, and your agent, the company under which the REALTOR® is licensed. Most REALTOR® use a blue brochure titled Working with a Real Estate Agent to disclose the nature of the agency relationship with their client.

A REALTOR® can act for a seller or a buyer, or to a limited degree, both. Whomever they represent, REALTORS® have a legal obligation to uphold the integrity of their clients, while protecting and promoting their interests.

 

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