Your Relationship with a Real Estate Professional | Value-First Home Team
BCFSA Required Disclosure
Your Relationship with a Real Estate Professional
In British Columbia, real estate professionals are required by law to provide this disclosure before offering real estate services.
This Is Not a Contract
This form does not create a client relationship and does not obligate you to buy, sell, or sign anything further. It is strictly an information and disclosure document.
What This Form Explains
The form explains that you can work with a real estate professional in one of two ways:
Option 1
As a Client
Full legal representation
Duty of loyalty to you
Full disclosure obligations
Acts in your best interests
Information stays confidential
Option 2 — Applies Here
As a Non-Client
No representation
No duty of loyalty
No full disclosure duty
Does not act in your best interests
Shared info may not be confidential
They must still act honestly, professionally, and with reasonable care and skill, as required by law.
Why You're Being Asked to Acknowledge This Form
You are being asked to acknowledge this disclosure so you understand whether or not you are being represented, what duties are owed to you, and what protections apply at this stage. This is common when:
You are requesting general information
You are in early conversations
You have not yet chosen to be represented
You are dealing with a real estate team and representation has not been established
What Acknowledging the Form Means
It confirms that you
Received the information
Understand your current relationship with the real estate professional
It does not
Make you a client
Commit you to working with anyone
Prevent you from becoming a client later
Official BCFSA Disclosure Form — Rev. 01/2023 · Pages 1 & 2
Optional Next Step
Want Full Representation?
If you later decide you want representation, a separate written agreement would be required to establish a client relationship and full legal duties. There's no obligation — this form simply starts the conversation on the right foot.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.