Selling your home can be stressful. Some questions you likely have are, what is the best price to sell my home for? Where do I find a buyer? What facts do I need to disclose to the buyer? What paperwork will be required? Who ensures I will get my money when I sell my home? These are important considerations and you may wish you had someone to help guide you through the process involved in this major life event.
Real Estate Licensees aka REALTORS®
In British Columbia, real estate professionals are required to be licensed under the provincial Real Estate Services Act and are regulated by the Real Estate Council. The BC Financial Services Authority (BCFSA) protects your interests by assuring the competency of the real estate licensee that you hire. Your REALTOR® must maintain your confidentiality, obey lawful instructions, and account for all money and property of the principal placed in the brokerage’s hands while they act for you. Licensed REALTORS® have committed to serve you with integrity.
The 2 Main Types of Relationship with a REALTOR®: Sole Agency or No Agency.
Sole Agency is where a licensee acts only for the buyer or seller. No Agency is where the buyer will have no agency representation – in other words, they will be an “unrepresented party”. No matter the relationship type, realtors have a duty of undivided loyalty to you, the client.
Benefits of Working With a REALTOR®
You can trust that your REALTOR® will make sure the transaction is completed competently and professionally when you buy or sell your home. Your REALTOR® will answer your toughest questions and take care of the details for you. Choosing to sell your home with a realtor gives you the advantage of getting advice from someone with an intimate knowledge of the local housing market who can assist you with the many situations which may arise.
If you are considering selling your home, we hope you’ll contact us at Pemberton Holmes to speak to a REALTOR® today.
