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Dianna Mandzuk

●Sales Representative

●Certified Luxury Home

Marketing Specialist

●Canadian Staging Professional

RE/Max Jazz Inc., Brokerage

Professional Offices located at

203 Bond St. E.,

Oshawa, Ontario. L1G 1B4

Direct: 905-433-2579

Office: 905-728-1600

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Sometimes, we like surprises, like a surprise party or a surprise gift.  When it comes to buying or selling your home, however, surprises are the last thing you want.

            REALTORS believe it's important for you to understand for whom they are working, and what services you can expect from them.  That way there are no unpleasant surprises later in the transaction. 

A REALTOR may be working for you - if you have a clearly established "representation relationship" with that REALTOR.  But often, you may assume such an obligation exists when it does not.

            The next time you are buying or selling a home, you will be asked to sign some form of representation agreement.  The use of written representation agreements, whether with buyers or sellers, is now mandatory for all real estate practitioners in Ontario.  As an agent, the REALTOR is legally obligated to look after the best interests of the person he or she is working for.  The agent must be loyal to that person.

            The real estate profession itself lobbied for many years for the creation of the Real Estate Council of Ontario (RECO), a self-management body for the profession in Ontario.  As of January 1, 2000, all licensed real estate brokers and sales people must follow certain rules designed by RECO to protect consumers.

            These rules include clearly establishing whom the REALTOR is working for in a real estate transaction - the buyer or the seller - and acknowledging that relationship in writing.  Failure to have a written representation contract is a breach of the RECO code of ethics.

            You will be asked to sign a listing agreement if you are a seller.  You will be asked to sign a buyer representation agreement if you are a buyer and the REALTOR is representing your interests.  And, whether you are a buyer or a seller, you will be asked to sign documentation confirming that you understand whom the REALTOR is working for.

            Buying or selling a home is an exciting, but complicated process.  A REALTOR's expertise will ensure your real estate transaction runs smoothly.  Knowing that a REALTOR is in your corner, acting as your advocate and representing your best interest will give you greater peace of mind.

NOT INTENDED TO SOLICIT PROPERTIES ALREADY LISTED NOR BUYERS SIGNED UNDER A BUYER'S AGENCY AGREEMENT. E. & O.E.

The information contained herein is believed to be accurate, but should not be relied upon without verification.

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