This form is used to help explain the relationship between you and us, your Realtor.
This new form (since 2018 under the Real Estate Services Act) confirms that upon us connecting for the very first time, all the information you will share with us will be treated under a "Designated Agency", involving for us to provide you with our fiduciary duty (loyalty, full disclosure, avoiding conflicts of interest, confidentiality).
This form will also allow us to discuss with you the capacity under which we will be working with you and what duties, obligation and responsibilities to you the Seller are.
We will ask you to initial this document. This is merely a statement indicating that the Designated Agency relationship has been explained to you, and does not obligate you in any way to use us as your Realtor.
This contract outlines the terms and conditions of the listing contract, including:
Generally, a Seller can cancel the listing contract provided both parties agree.
We go one step further and guarantee the quality of our services to you. If you are unhappy with our service, or if you change your mind about selling your home, we will cancel the contract without any further obligation to you.
As with other services, there is GST (but not PST) payable on the agreed upon commission.
Every listing placed on the Multiple Listing Service (MLS) must be accompanied by a Property Disclosure Form, which must be filled out by you the Seller. In this form you (the Seller) indicate, to the best of your knowledge, various aspects of the property, defects of which you are aware, age of roof if known, any upcoming expenses (as in special assessments in strata titled properties) , etc.
We, as your Realtor are not permitted to fill out this form.
The Buyer receives a copy of this form, and once an offer is agreed upon, the form becomes part of the Contract of Purchase and Sale.
This standard form in the basic contract signed by the Buyer and the Seller.
It sets out every aspect of the transaction, including sale price; the terms and conditions; the date that the Seller will be paid for the property; the date that the Seller hands over the keys; the inclusions and exclusion; the handling of existing tenancies; the deposit; and other legal matters as described in the preprinted contract and added clauses.
Our responsibility is to ensure that the contract is written correctly, meets your needs and expectations and is enforceable.