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Realtors have obligations, duties and responsibilities to their clients. Whether they are representing a buyers or a sellers, they are professionally and legally obliged to protect the best interests of their clients. They have fiduciary duties, which include:


1. Undivided loyalty: The realtor must act only in the client's best interests and put them above their own and other people's interests. The realtor must avoid conflict of interest and negotiate to the benefit of the client.

2. Confidentiality: The realtor must keep the client’s information confidential even after the relationship is over.

3. Full Disclosure: The realtors must disclose to their clients the services they will provide, everything they know that might affect the agency relationship or influence their decision in a transaction.

4. Obedience: The realtor must obey all the client's lawful, reasonable, and ordinary instructions.

 

 

 

 

 

 

Source: RECA: Cosumer Relatioship Guide

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Buying and selling homes is a complicted and stressful  process. It requires a knowledge in the market conditions and an experience in the local community. Working with a realtor benefits the consumers and allows them to take advantage of the knowledge and expertiece of the a rael estate professional for the following reasons:

  • Realtors hold themselves to a higher standard of professional excellence
  • Realtors are life-long learners and undergo continuous professional development 
  • Realtors are effective negotiators and ensure your best interests are represented
  • Realtors have access to market and sale statistics so they can advice on  fair price for your property
  • Realtors are up to date on the rules and regulations that govern real estate prictice in Alberta
  • Realtors must adhere to a strict order of Code of Ethicss and Standards od Business Practices.

Here at Rafik Berjak Real Estate we pride ourselves in holding the rules and regulations of the Real Estae practice to the highest esteem. If you are looking for a real estate professional you shouldn't hestate to call us for free cosultation. 


Source: Alberta Ral Estate Association website

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.