There are many reasons to buy in Canmore: permanent residence, weekend property, holiday home, revenue property, pre-retirement property and even a business property for employee bonuses. Whatever your reason may be, buying a home in Canmore is a big deal and deserves careful consideration.
Over the past 15 years we have developed a very thorough and effective process to educate you on the local market and the buying process and find your perfect home. The best way to start is to learn your likes and dislikes and keep you current with the Canmore market. The first step in this process is to meet with you in person, talk to you on the phone or email to learn more about your housing needs. From there we will search the market for your new home and contact you when listings come on the market. We will also send you our monthly email newsletter to keep you up to date on the Canmore real estate market as a whole.
Working with your Realtor® is a big part of the buying process and the Alberta Real Estate Association has outlined the relationship between a client and the real estate professional they work with. Two documents you will use during the buying process are the Consumer Relationships Guide and the Buyer Representation Agreement, click on the links below to learn more.
CONSUMER RELATIONSHIPS AND HOW THEY AFFECT YOU
An important early part of the process of buying or selling a home is understanding the relationship that you form with the Realtor (and their brokerage) that you work with, and the Real Estate Council of Alberta has developed a number of useful resources detailing how the relationship works, which are outlined in the videos or in print form here.
BUYER REPRESENTATION AGREEMENTS
Starting in the Summer of 2014, the Real Estate Council of Alberta mandated that real estate industry members enter into a written service agreement with those whom they form a client relationship, with the one most often seen in our industry being the Buyer Representation Agreement. Going above the Consumer Relationship Guide in regard to the relationship between the brokerage and the client, this Agreement was created to ensure that the role of the real estate industry member is clear, and to minimize any confusion about the relationship between the two parties. Above the ability to clearly define the relationship between client and industry members, written service agreements help industry professionals effectively communicate with clients about:
- the services to be provided by the brokerage;
- the obligations and responsibilities of the parties;
- consent for collection, use and distribution of personal information of the client;
- method of calculation of remuneration or how the industry professional will be compensated
If you have any questions about how this relatively new step to the buying process may affect you, please do not hesitate to contact us, as we want to ensure for all of our clients that they understand every step of their purchase of a home in the Bow Valley.
To see a sample of the Exclusive Buyer Representation Agreement, please click here.
