How binding is the exclusivity clause of the "Buyer Representation Agreement"?
Here's the form in question: http://realvaluehome.ca/pdfs/6%20Toront ... eement.pdf
I was curious to learn more about this because it seems somewhat predatory.
A real estate agent shows you a couple apartments and you have to promise to only work with them?
And I owe them commission if I find an apartment on my own?
What happens if I theoretically go ahead and find an apartment by myself and refuse to pay? How would they even know I found an apartment?
This all seems very fishy...
I was curious to learn more about this because it seems somewhat predatory.
A real estate agent shows you a couple apartments and you have to promise to only work with them?
And I owe them commission if I find an apartment on my own?
What happens if I theoretically go ahead and find an apartment by myself and refuse to pay? How would they even know I found an apartment?
This all seems very fishy...