Released on July 20, 2016Financial and Consumer Affairs Authority of Saskatchewan (FCAA) and the Saskatchewan Real Estate Commission want to remind people who are buying or selling a property that a real estate agent has obligations they must abide by when hired by a client.
“It’s important that people know real estate agents have important legal responsibilities to their client,” Insurance and Real Estate Director Ian McIntosh said. “Agents must take steps to ensure disclosure of all material facts relating to a property up front, and they must present all written offers in a prompt, objective and unbiased manner.”
All real estate agents must be registered with the Saskatchewan Real Estate Commission.
“Trading in real estate in Saskatchewan is regulated by the Saskatchewan Real Estate Commission,” Saskatchewan Real Estate Commission Executive Director Aaron Tetu said. “If members of the public have questions, concerns, or complaints about a real estate transaction or an agent they should contact the commission.”
A list of obligations will be shared on twitter @SKGov and www.facebook.com/SKGov.
For more information about real estate agent responsibilities, visit www.fcaa.gov.sk.ca/realestateagentresponsibilities and www.srec.ca/home.asp.
For more information, contact:
Financial and Consumer Affairs Authority
Saskatchewan Real Estate Commission