For Buyers

Working with an agent
Let your real estate agent do the searching for you. The best buys aren’t in the newspaper ads; most great opportunities are on "hot sheets" that are available every morning to salespeople with access to MLS information.

An agent’s job is to:

  • Provide information on the property and the area
  • Negotiate a price and terms that are agreeable to both buyer and seller
  • Help arrange a source of financing

As a homebuyer, you must work with your agent to find the home that’s right for you. Communication is key - tell your agent what you want, and be specific.
  • Offer a detailed description of your property needs and wants. If you will absolutely not consider a house without a hardwood floor, say so. And if air conditioning is a "nice to have" rather than a "must have," communicate that, too.
  • Be specific about where you want to live. If you refuse to live outside a certain area, it might take longer to find you a home, but your agent will know not to waste your time with anything not in your chosen neighbourhood.
  • Tell your agent what you can afford. He or she can help you get a pre-approved mortgage so you know for sure what your price range will be.
  • Communicate your likes and dislikes for each property you see. It will help your agent narrow down the possibilities.
  • Commit to one salesperson.
  • Respect and perform the terms of the purchase agreement.
  • Keep an open mind. Agents know about those charming little areas that you’ve never even heard of. You might find your dream home in a completely unexpected place.