BUYER’S GUIDE


There are many reasons that people look to Canmore to buy a home: permanent residence, weekend property, holiday home, revenue property, pre-retirement property and even a business property that is used for employee bonuses. No matter what your purpose may be, buying a home in Canmore is a big commitment and one that deserves much care and attention.

Over the past 15 years, we have developed a very detailed and effective approach to help educate you on the local market and the buying process, as well as find you the perfect home. The best way to begin is to learn your likes and dislikes as well as keeping you current with Canmore marketplace. The first step in this process is to meet with you in person, speak to you on the phone, or communicate via email to learn more about what your housing needs are. From there, we will continuously search the market for your new home and contact you when matches come on the market. We will also regularly send you information such as our monthly email newsletter to keep you informed about the Canmore real estate market as a whole.


Establishing a relationship with your Realtor® is a crucial part of the purchase process, and the Alberta Real Estate Association has provided a wealth of resources outlining how this relationship is defined between a client and the real estate professional they work with. Two key forms you will work with during the purchase process are the Consumer Relationships Guide and the Buyer Representation Agreement, and we encourage you to click on the links below to learn more about each of these forms.

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 below, 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.

ARE YOU READY TO BUY?


BUYERS