Know Your Rights. Protect Your Interests. Key Disclosures You Should Know Before You Talk.
Know Your Relationship with a Real Estate Professional
Before discussing your real estate needs with a real estate professional understanding your relationship with a licensed professional isn’t just helpful, it’s essential.
In British Columbia, the Real Estate Services Act requires agents to clearly disclose their role in every transaction. Whether you're buying, selling, or simply seeking advice, your legal protections and expectations depend on whether you're a client or an unrepresented party.
Why It Matters
Before you sign anything or share personal details, ask: “Are they working in my best interest, am I a client or not?”
The answer affects your privacy, negotiation power, and the duties owed to you.
Key Disclosures You Should Know Before Getting Started
1 - Your Relationship with a Real Estate Professional
This mandatory disclosure outlines whether the professional is working for you or someone else. It clarifies the difference between client and non-client relationships, and what each entails.
2 - Not a Client? Know the Risks
If you're not formally represented, you may be navigating the process alone. This disclosure highlights the risks of being unrepresented, including limited advocacy and no fiduciary duty.