Agency Representation
Highest Professional Standards
Before receiving a real estate license, candidates must successfully complete an extensive course of study by the Ontario Real Estate Association of Ontario on behalf of the Ontario government. In an effort to maintain a high level of professionalism, ongoing education is now compulsory for all real estate agents.
Honesty And Integrity
When you deal with an agent you can expect not only strict adherence to provincial laws, but also adherence to a code of ethics. That code is very important because it assures you will receive the highest level of service, honesty and integrity.
Agency Relationships
In Real Estate there are three different agency relationships:
Seller’s agent - A Real Estate company may be an agent of the vendor. This relationship is confirmed by a signed listing form.
Buyer’s agent - Most buyers choose to have their agent work on their behalf. This relationship is confirmed by a signed listing form.
Dual agency - This occurs when a Real Estate company has a listing and it is sold by another agent from the same Real Estate company they work for i.e. Royal LePage listing purchased through a Royal LePage sales representative who has a signed Purchaser’s Agency Agreement.
Hazel would count it a pleasure to discuss and clarify these various relationships with you in greater detail. Contact Hazel today for a free consultation.
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