News
Dec. 22, 2015 | Joel Schlesinger
Homebuyers still cautious in signing mandatory agreements
Get it in writing – that's now the industry standard governing the relationship between buyers and their real estate professionals.
Yet while buyer's agreements have been a regulatory requirement since July 1, 2015, many buyers are still taken aback when presented with what are considered to be legally binding contracts, and often reluctant to sign even though these agreements are beneficial for consumers and the industry alike, said Charles Stevenson, director of professional standards at the Real Estate Council of Alberta (RECA).