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Do you know how to produce
the results you are seeking to achieve? WE DO!
Liz
Grambart Anders
Treiberg
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In many types of business dealings, including
the business of real estate transactions, an AGENT represents
someone else, called the PRINCIPAL (YOU), in dealing
with other people. The agent becomes a "substitute"
for the principal: he or she acts, speaks and listens
for the principle.
This relationship between a principal
and an agent is called an AGENCY relationship.
The British Columbia Real
Estate Association defines the parameters of an AGENCY
relationship as the following:
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REALTORS work within a legal relationship
called agency. The agency relationship exists between
you, the principal, and your agent, the company under
which the individual salesperson, who is representing
you, is licensed. The essence of the agency relationship
is that the agent has the authority to represent the
principal in dealings with others.
Agents and their salespeople are legally
obligated to protect and promote the interests of their
principals as they would their own.
Specifically, the agent has the following
duties:
- Undivided loyalty. The agent must protect
the principal’s negotiating position at all times,
and disclose all unknown facts which may affect of
influence the principal’s decision.
- To obey all lawful instructions of the principal.
- An obligation to keep the confidences of
the principal.
- The exercise of reasonable care and skill
in performing all assigned duties.
- The duty to account for all money and property
placed in an agent’s hand while acting for the principal.
You can expect competent service from
The Properties in Victoria Professionals, knowing that the
company is bound by ethics and the law to be honest
and thorough in representing a property listed for sale.
Both buyer and seller can be represented by their own
agents in a single transaction.
Contact us for a personal consultation.
Liz
Grambart
Anders
Treiberg
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