In addition to your REALTOR®, you’ll need a lawyer or notary to buy or sell a home.
The role of your estate agents is in finding your dream home or selling your property with ease. Agents understand the market like no one else and can guide you through every step of the process, from marketing your home to showing you properties. Think of them as your personal advisors who will give you valuable insights and make your journey as smooth as possible. Your agent will draft and present offers and guide you through the process until you end up with a legally binding contract.
Once you have a contract in place, your lawyer or notary will step in to take care of all the necessary legal work. They’ll ensure that the property’s ownership transfer is done correctly and handle all the necessary documents, including issuing your land title registration and your mortgage and financing documents.
If you have any questions or concerns during the process, don’t hesitate to reach out to a lawyer for legal advice. While real estate agents are experts in the housing market, they are not qualified to provide legal advice. It’s important to note that there is a difference between a lawyer and a notary when it comes to real estate transactions. A lawyer can provide you with a legal opinion, whereas a notary is only qualified to oversee the signing of legal documents.
While it’s technically possible to buy or sell a home in BC without the assistance of a real estate agent, lawyer, or notary, having a professional team on your side is always a good idea. This will ensure that the process goes smoothly and that you have someone to turn to if you have any questions or concerns.