an approach that protects their interests. This approach is particularly precious for a buyer, in particuly because he is only part in the transaction who are not represented fairly*. Moreover, such protection doesn't cost anything, depending on the option.
Have you thought about how your interests are defended as a buyer when the owner ...
- sells his own property without outside help?
- uses the services of a marketing firm?
- sign a broker contract with a real estate broker?
- is a developer who selling new homes or condos units, according to its terms?
* Despite the fact that the interests of buyers are relatively protected with the Real Estate Brokerage Act if the seller uses a real estate broker, buyers can claim, rightly or wrongly, to don't be fairly represented in a transaction.
How much ?
- There is no cost imposed on the buyer when the transaction is negotiated on a property inscribed on the central distribution system used by real estate broker (Centris.ca, Realtor.ca based on the MLS / SIA)
- The buyer will have to pay a fee only if the properties for sale by owner (with or without marketing service) or in the case of new homes sold directly by developers.
- The method of payment is chosen when signing the contract. It can take the form of a percentage of the price attached to an offer to purchase or a lump sum, depending on the terms specified in the contract purchaser.
- Any amount of compensation obtained through a transaction from another brokerage agency or broker (via the universal broadcast system Centris - MLS) is automatically deducted from the amount provided to the buyer contract.
- note in conclusion that the fees for brokerage services and taxes can now be added to the amount charged for the mortgage.
Note: The iAchat program is offered by RCIIQ members only. Check with your broker.
