If a real estate agent ever asks for your ID, it’s for good reason. “Because large amounts of money exchanges hands in real estate transactions, it’s important that the real estate professionals who facilitate these deals do what they can to ensure that the parties are who they say they are, and that nothing suspicious or potentially illegal is going on. One acceptable method of client identification is government-issued photo identification, like a driver’s licence or passport.” If you need to hand over your identification at an open house, it’s for the security of the home owner. While it may seem unnecessary to you, they may want to keep track of who is coming in and out of their house in case any valuables go missing. At Kawartha Waterfront Realty, we want what is best for both the seller and the buyer during the process.
My real estate agent wants to verify my identification using my driver’s licence. Why is this necessary? I sometimes refer to the Real Estate and Business Brokers Act, 2002 (REBBA), the statute that governs the conduct of real estate professionals in Ontario for the protection of consumers. But they are also obligated to comply with various other laws. Because large amounts of money exchanges hands in real estatetransactions, it’s important that the real estate professionals who facilitate these deals do what they can to ensure that the parties are who they say they are, and that nothing suspicious or potentially illegal...
If a real estate agent ever asks for your ID, it’s for good reason. “Because large amounts of money exchanges hands in real estate transactions, it’s important that the real estate professionals who facilitate these deals do what they can to ensure that the parties are who they say they are, and that nothing suspicious or potentially illegal is going on. One acceptable method of client identification is government-issued photo identification, like a driver’s licence or passport.” If you need to hand over your identification at an open house, it’s for the security of the home owner. While it may seem unnecessary to you, they may want to keep track of who is coming in and out of their house in case any valuables go missing. At Kawartha Waterfront Realty, we want what is best for both the seller and the buyer during the process.