If you’re planning to buy a home in Calgary, you might have recently been asked to sign a Buyer Representation Agreement before even stepping foot in a property.
Many buyers are surprised by this requirement, wondering:
- Why do I need to sign something just to see a home?
- Am I locked into working with one agent?
- Is this a new rule, or has it always existed?
The truth is, this isn’t a new rule, but many buyers simply weren’t aware of it before. In this guide, we’ll break down:
✔️ What a Buyer Representation Agreement is
✔️ Why it’s being enforced
✔️ How it protects YOU as a homebuyer
✔️ What happens if you refuse to sign
✔️ The risks of buying a home without representation
What is the Buyer Representation Agreement?
A Buyer Representation Agreement in Calgary is a contract that gives you support from a real estate agent when buying a home. It outlines what your agent will do, like finding properties, negotiating, and guiding you through the process, what’s expected from you as a buyer, and how the agent gets paid, usually through the seller’s commission or an agreed upon fee.
The agreement ensured transparency and accountability between the homebuyer and their agent, creating a professional working relationship.
How Does A Buyer Representation Agreement Benefit You?
A Home Buyer Representation Agreement benefits the buyer by ensuring exclusive professional assistance, advocacy, and fiduciary responsibility throughout the home buying process.
Key Benefits:
- Exclusive Representation: The designated agent is legally obligated to act in the buyer’s best interest.
- Property Search & Guidance: The agent actively searches for suitable properties and provides critical market insights.
- Negotiation Power: The agent helps negotiate favorable terms and conditions for the buyer.
- Confidentiality & Fiduciary Duty: The agent must keep the buyer’s personal and financial information confidential.
- Conflict Resolution: Any conflicts of interest are disclosed, ensuring transparency in transactions.
- Legal & Transactional Assistance: The agent ensures compliance with contracts, offers, and counteroffers.
- Fee Transparency: The agreement outlines how commissions are handled, often covered by the seller.
Get Full Representation & Expert Home Buying Advice!
Don’t navigate the Calgary real estate market alone. Whether you have questions or need personalized guidance, let’s connect.
Do You Have To Sign A Buyer Representation Agreement In Calgary When Buying A Home?
If you refuse to sign a Buyer Representation Agreement in Calgary, a real estate agent can still work with you but only as a customer, not a client, meaning they can’t provide advice, negotiate for you, or act in your best interest.
Key Points:
- Limited Services – Without an agreement, the agent can show homes and provide general info but won’t offer confidential advice or negotiate on your behalf.
- Client vs. Customer – Signing makes you a client, giving you full representation, while staying a customer means less protection and support.
If you want full support in your home search, signing a Buyer Representation Agreement is the way to go.
Download my buyer agreement here.
How To Choose The Best Real Estate Agent In Calgary
Finding the best realtor in Calgary is crucial when buying a home in Calgary, as the right agent can help you navigate the market, negotiate the best deal, and ensure a smooth home buying process. Here’s what to look for when choosing a top Calgary real estate agent:
- Strong local knowledge – A great realtor knows Calgary’s neighborhoods, market trends, and pricing strategies.
- Proven track record – Look for client testimonials, online reviews, and past sales history.
- Excellent communication – Your realtor should be responsive, transparent, and easy to reach.
- Skilled negotiator – A top agent will help you secure the best deal while protecting your interests.
- Marketing and network – Connections with lenders, inspectors, and other professionals can make your home-buying experience smoother.
For a detailed guide on finding the best realtor in Calgary, check out my full blog post here: Best Realtor in Calgary
Final Thoughts: Don’t Navigate The Market Alone
Buying a home in Calgary is a big decision, and having the right agent on your side makes all the difference. A Buyer Representation Agreement ensures you get expert guidance, strong negotiation, and full protection throughout the process. Don’t navigate the market alone—download my free Calgary Home Buyer’s Guide or schedule a call to get started today!