All markets are different, but in Edmonton and area, REALTOR® services are usually offered the same way across the industry with a few outlying differences.
At first glance hiring a REALTOR® to help you search for and find a home may appear to be free of charge. That’s because your REALTOR® will usually receive a commission in exchange for helping you find and purchase a home or secure an investment.
When you sign a Buyer Brokerage agreement as you must, under provincial legislation, you are promising to protect your REALTOR® and to acknowledge that they will receive compensation for their time and expertise when you close on a transaction.
Usually, the money comes from the proceeds of the sale, or in other words, money that you have brought…