What is Agency Relationship in Edmonton, Alberta between myself and my Realtor?
Understanding Agency RelationshipsBuying or selling a property is probably one of the most important financial decisions a typical consumer will make in their lifetime. It is in your best interest to take a moment to consider the type of relationship you might be entering into with an Industry Member. The more you understand your relationship, the more likely it is you will be satisfied with the results.RECA (The Real Estate Council of Alberta) is mandated to protect consumers and to provide services that enhance and improve the industry and the business of industry professionals. RECA has published an Agency Relationships Guide that outlines the responsibilities of the industry member as well as the different types of relationships that can be formed. Industry members have a regulatory requirement to present and discuss the Agency Relationships Guide with you.