In Canada, the real estate industry may function differently than in your country, for example, in Canada while you are free to pick any REALTOR® that you wish to have represent you in the purchase of your new home, it is common that you sign, what is called a Buyers Brokerage Agreement (BBA) with the agent that you choose, to represent you.
In fact, in Nova Scotia, it is a requirement by the Nova Scotia Real Estate Commission, which is there to protect you, the consumer, that you sign a BBA (after it has been explained to you!) .
It is common in countries (not in North America) for buyers to contact numerous agents as there may not exist a facility to show all available properties for sale in one place! In Canada and the USA, we have a system and it is called the, Multiple Listing Service (MLS).
Multiple Listing Service® (MLS®) is a database of properties that are for sale. This means that we can show you any listing out there, it doesn’t matter which company has it listed!
Here’s the thing, the listing agent is working…FOR THE SELLER! This means that when you communicate with the listing agent as an interested buyer, you'll likely disclose lots of information about you and your motivation to buy, and you probably disclose way too much!
We can represent you and your best interests, to get you the best deal…for YOU!
We can also show you private sales, as almost every private seller will co-operate with REALTORS®. There are usually only 2 reasons why they are selling privately…
- To keep the commission in their pocket (not your pocket)
- To try and fool an unsuspecting buyer into paying more than the property is worth!
Another thing to keep in mind is that most private sales have tried to sell before and were unsuccessful, often because they were asking too much for their properties. Hardly worth the risk!
Are there any other homes you would like to view? Browse MLS® listings all over Halifax Regional Municipality here.
Start searching for your dream home now.
Browse homes for sale in Halifax Regional Municipality by community with detailed MLS® listings. Contact us any time if you have questions or would like to book a viewing of a particular property
Start SearchYou Have Questions...We Have Answers!
Ask us any of your questions, from the home buying process in HRM to the current local real estate market to a particular property you've seen for sale, by filling out the form below. You can also call or text us anytime at 902-225-3196.
