The Benefits of Representation
As a client, you will be benefit from expert advice, protection under the Real Estate Services Act and the ensurance of the real estate professionals being competent and knowledgeable.
When you become the client of a real estate professional, they owe you special legal duties as your agent:
Loyalty - they must put your interest first, even before their own;
Avoid conflicts of interest - they must avoid any situationthat would affect their duty to act in your best interests;
Fully disclose relevant information - they must give you all the facts they know that might affect your decisions;
Protect your confidentiality - they must not reveal your private information without your permission, such as your reason for buying/selling/leasing/renting, your minimun/maximum price that you are seeking, any preferred terms and conditions you might want to include in a contract.
In BC, real estate professionals provide their services through licensed companies known as brokerages. If you decide to become the client of a real estate professional, you will sign an agreement with their brokerage. With Sutton Centre Realty, you will be represented in form of Designated Agency. Your real estate professional will represent you as a "designated agent". Only your designated agent will owe you the legal duties explained above,
Your agent must not share your confidential information with others at the brokerage without your permisssion.