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Itwillhelpyouchoosewhetheryouwanttobe:aCLIENTofarealestateprofessional,disclosureofrepresentationintradingservicesKnowYourOptionsasa RealEstateConsumerWhyareyougettingthisform?Realestateprofessionalsarerequiredtodisclosethenatureoftherepresentationbeingofferedbythemon theDisclosureofRepresentationinTradingServicesformprescribedbyBCFSAItwillhelpyouchoosewhetherThefollowingdetailsexplainthenatureofthe formandexplainthedifferenttypesofworkingrealtorrelationshipswhenlookingtopurchaseapre-salehomeThedisclosureneedstobemadepriortoproviding anytradingservicestotheconsumerOncetheDisclosureofRepresentationinTradingServicesformhasbeenprovidedandexplained,confirmingthatthelicensee willdealwiththeconsumerasanunrepresentedparty,thentherequirementsunderRulearetriggeredandthelicenseemustprovideaDisclosureofRisksto UnrepresentedPartiesformtotheunrepresentedpartyDisclosureofRiskstoUnrepresentedPartiesFormFAQsIncludeanyotheruniquecontributionstothe presentationWhenpurchasingapre-salehome,whetherthehomebuyershavearealtoroftheirownornot,theSalesTeamwhosellshomesonbehalfofthe DeveloperwillpresentthebuyerwithaDisclosureofRepresentationinTradingServices,alsoreferredtoasaDORTform(a)DisclosureofRepresentationin TradingServicesNoloyalty:therealestateprofessionalsinvolvedTheDisclosureofRepresentationinTradingServices(DORTS)isadocumentpartofthe JchangestotheRealEstateServicesActinBritishColumbiaandapartialreplacementofthepreviousWorkingwithaRealtorform–acopyoftheDisclosureof RepresentationinTradingServicesform,–thelistingcontract,–CommercialDataInputformorcomparable,and–consultyourmanagingbrokeronSchedule "A",listingtheservicesofyourbrokerageTheseguidelinesprovideBCFSA’sinterpretationofRESAandallotherapplicablelegislationArealestateprofessional isrequiredtogiveTheDisclosureofRepresentationinTradingServicesFormexplainsthespeciallegaldutiesthatrealestateprofessionalsowetotheirclients Youarenotentitledtothespeciallegaldutiesaclientreceives.Visit–2ofGuidelines.Noloyalty:therealestateprofessionalsinvolvedLearnhowtousethe DisclosureofRepresentationinTradingServicesForm,amandatorydocumentforrealestateprofessionalsandconsumersinBCdisclosureofrepresentationin tradingservicespofWhattoExpectasanUnrepresentedPartyIfyouchoosenottohavearealestateprofessionalrepresentyou,youareanunrepresentedparty BCFSA’sGuidelinesprovideapracticalapplicationoftheinformationandgivesuggestedbestpracticeguidancetoassistrealestateprofessionalsThisform explainsthespeciallegaldutiesthatrealestateprofessionalsowetotheirclientsTheagentstheappropriateformsnecessarytoobtainthelisting(suchas DisclosureofRepresentationinTradingServicesform,FINTRACidentification,alistingcontract,LorneGoldmanbelievesconsumersshouldhaveinformationin ordertounderstandtherelationshipwiththeirrealtoraswellastheresponsibilitiesanddutiestheyareowed•ReviewtheDisclosureofRepresentationinTrading Servicesform.Youarenotentitledtothespeciallegaldutiesaclientreceives.EnsurethattheconsumerunderstandstheHomeBuyerRecissionPeriodandwhere theycangetdisclosureofrepresentationintradingservicespofWhattoExpectasanUnrepresentedPartyIfyouchoosenottohavearealestateprofessional representyou,youareanunrepresentedparty