BE HONEST AND REMAIN LOYAL TO YOUR REALTOR
Once you've selected a Realtor, be honest in discussing your financial situation and carefully review the features you are looking for in a home. This will help your Realtor find prospective homes best suited to your needs, and it will save you a great deal of time in the bargain.
Most importantly, remain loyal to the Realtor you've chosen. this individual will be spending a great deal of time and effort on your project but won't be paid unless and until the transaction is completed. In return, the Realtor deserves a degree of loyalty from you.
Getting involved with more than one Realtor creates unnecessary and confusing duplication of effort. Most Realtors in an area use the same Multiple Listing Service and are likely to show you the same homes. Buyers who attempt to deal with more than one Realtor may miss out on the high level of interest and comprehensive service one is entitled to expect through loyalty to a single Realtor.
In fact, most Real Estate Brokerage firms in Ontario are now requesting buyers to sign a "Buyer Agency Agreement" form that establishes a formal and exclusive relationship between the potential buyer and the broker and its representatives.
This Agreement is intended to protect your interests, as well as thos of the Realtor you've selected. It provides a description of the type of property you are seeking, as well as a description of the services your Realtor will be providing. Moreover, it specifies any commission to be paid and under what circumstances.
