Purchaser representation occurs when the purchaser retains the
broker to act on the purchaser's behalf. The broker is legally obligated
to act in the best interest of the purchaser; however the broker's fee is
recoverable from the vendor. Our key competitive advantages are (1)
a clear written contract, (2) the deployment of salaried professionals
who concentrate only on sales, (3) access to details on virtually all of
the property available for sale in Nova Scotia, and (4) membership in
the NAI Global™ network.
Purchaser representation is particularly pertinent for industrial,
commercial, investment (I.C.I.) real estate because this type of
property is often not listed for sale on co-operative listing systems such
as the MLS® operated by the various real estate boards. Indeed many
I.C.I. brokers do not belong to these Boards and much I.C.I. property is
not actively listed for sale at all … even when the owner is anxious to
sell! The challenge facing a potential purchaser is primarily one of
identifying suitable properties that are available for acquisition. In these
circumstances the broker is actively working on the purchaser's behalf
and purchaser representation is the most logical route to follow since it
aligns the broker's interest with that of the purchaser.
Our Purchaser Representation Agreement details our obligations to
our client the purchaser, in a concise and unambiguous manner. We
identify the client's purchase criteria, locate suitable properties,
prepare and submit Offers to Purchase, and then negotiate the most
advantageous terms for the purchaser.
Through NAI Global’s™ network of member brokers we can offer clients
access to properties located in every major metropolitan area in
Canada. Worldwide, clients have access to NAI Global’s™ network of
350 commercial real estate brokerage offices located in 45 countries.