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In Ontario, you are only required to sign a Buyer Representation Agreement (BRA) when you are ready to put and offer on a home. The BRA ensures one agent presents your offers to the selling agents on your behalf.
The exclusive right-to-represent contract is the most common buyer representation agreement and best protects the agent. Buyer's agents make significant time and resource investments.
THE BUYER REPRESENTATION AGREEMENT (BRA)... It is required by law, as governed by The Real Estate Council of Ontario, to commit the agreement to writing between the Buyer and Brokerage.
Your written service agreement is a seller representation agreement, also called a listing agreement. The agreement includes the details of the listing, including listing price, inclusions/exclusions, possession date, and lists your responsibilities and obligations as well as those of your real estate licensee.
Tenant representation agreement means an agency agreement between a broker and a person that grants the broker the right to represent the person in the lease of commercial real estate.