Vernon Real Estate.com

info@vernonrealestate.com 

250 - 260 - 4711

*NEW* AGENCY RULES & FORMS

The new rules governing real estate practices are now in effect.  The changes will mark a significant shift in how REALTORS® in BC work with their clients and it is important to us that you know what to expect. Regardless of what type of real estate transaction you have with a REALTOR®, you will be using at least one of the below new forms.

The major changes include; more disclosure to both buyers and sellers as to the agency relationship options that are available, when those disclosures are made,  and that a single realtor can now only represent both the buyer and the seller in a single real estate transaction if one or both of the parties choose to be unrepresented.

NEW FORMS NOW IN USE

 

1. DISCLOSURE OF REPRESENTATION IN TRADING SERVICES - PDF Click Here

  • Required for EVERY Buyer and Seller

 

2. DISCLOSURE OF RISKS TO UNREPRESENTED PARTIES - PDF Click Here

  • May be applicable to a Buyer or a Seller

 

3. AGREEMENT REGARDING CONFLICT OF INTEREST BETWEEN CLIENTS - PDF Click Here

  • May be applicable to a Buyer or Seller

 

4. DISCLOSURE OF RISKS ASSOCIATED WITH DUAL AGENCY - PDF Click Here

  • Will never be used by Defeo and Associates as we will no longer represent both the buyer and the seller in the same transaction

 

5. DISCLOSURE OF EXPECTED REMUNERATION PAYMENT - PDF Click Here

  • Will be used by EVERY Seller on the presentation of every offer

 

CALL DEFEO & ASSOCIATES FOR MORE INFORMATION

Office:       (250)260-4711
Toll-Free:  (800)667-2040
Fax:             (250)260-4712
Email:          admin@vernonrealestate.com
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.