Manitoba REALTORS® deliver on their promises. And now, we’re putting those promises on paper. The new service agreement is your assurance that your REALTOR® is on the job for you, on your terms. Your signature acts as proof that you understand the purpose of the agreement: that it’s your REALTOR®’s pledge to deliver on their promise of professionalism, at every step of the home buying or selling process.
A service agreement details how your REALTOR® will work with and for you, based on the terms you set out together in the document. The completed document will include a list of the services you can expect, the timeframe of the agreement, and more.
Recent changes to The Real Estate Services Act (RESA) require that everyone sign a service agreement with a REALTOR® up front, before any services are rendered. If you’re buying, selling or renting a commercial or residential property in Manitoba, you’ll need to sign a service agreement starting in 2022. Read the bill here.
Here are three things to keep in mind before you sign: