Questions to ask your agent

Questions to ask before you commit to a REALTOR®:

• How many years of experience do you have?
• Are you familiar with our selected market areas?
• Are you prepared to devote all the necessary time for us to successfully find a home and purchase a home?
• Who are you working for? The Vendor or the Purchaser?
• What deposit do I need when making an offer?
• Are there any “quirks” particular to the area?
• What conditions should be written in the offer to protect us?
• What will be the resale market for the house considered?
• What is the land transfer tax? How much money does it involve?
• What are the benefits of a Building Inspection?
• What is a “Tarion Warranty”? How does it work? Can this be passed on to a subsequent owner?
• What does the lawyer do for the Buyer during the transaction and who does he work for?
• Are we entitled to receive interest from the deposit given with the offer?
• What is the difference between a down payment and a deposit?
• What is a Buyer’s agreement?