As a buyer, you are also responsible for your own due diligence. That`s why I advise consumers to interview at least three vendors to find the right one for them, read and understand the ARO before signing, carefully review real estate and surrounding neighbourhoods, ask questions at every step of the process, and have appropriate inspections done. 24. When will I receive my copy of the purchase and sale agreement? Answer: You must obtain a copy if all parties have signed the agreement. A BRA may have a period of time, but if it lasts more than six months, you are asked to start the expiration date in addition to your signature on the document. This is to make sure you understand the length of the agreement. In addition, a Holdover clause can bind you to brokerage for a long time, even after the formal run of the BRA. If you are buying a home that was shown to you by the brokerage company when the BRA was in effect, you may still owe a commission to the real estate agent depending on when you make the purchase. The duration of the Holdover clause must be clearly stated and agreed upon by you and the real estate agent. A Buyer Representation Agreement (BRA) is a contract that requires you to work exclusively with a real estate agent for an agreed period if you are in the market to buy a home. You don`t need to sign an ARA, and if you do, you don`t have to actually buy a house for the duration of the contract. You haven`t said why you`re not happy with your seller. If you believe that he has violated the Code or that you have other important concerns, I encourage you to file a complaint with RECO.

If the problems involve service levels – maybe it`s not in time for the return of your messages or he hasn`t had time to show you many appropriate properties – it`s possible that your disagreement can be resolved with open and open dialogue. 6. Can I limit a replacement agreement to a property or city? Answer: Yes. A representation agreement may include a property, city, city or province. You should make sure that the agreement determines what you accept. An A BRA defines the relationship between the buyer (you) and the real estate investment that works on your behalf.