Definition : Real estate agency

Natural person or legal person that engages in a brokerage transaction governed by the Real Estate Brokerage Act through the intermediary of a real estate broker holding a permit issued by the Québec Real Estate Brokerage Self-Regulatory Organization known as the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ).

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Seeking the services of a real-estate broker, who was formerly referred to as a real estate agent, is not mandatory. However, unless you are able to assume the purchase and / or sale of a fraction of a building held in divided co-ownership by yourself, which will require ample time as well as in-depth knowledge in various fields, you would benefit from being accompanied by a competent real estate broker during your procedures. When you use the services of a real estate broker to buy, sell or lease a property, you are protected by the Real-Estate Brokerage Act.  
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