Industry leaders are cautioning agents working Toronto’s west end, warning them about a seemingly ideal client intent on luring them to vacant properties.
Four months after having its hand slapped by TREB, this online brokerage is closing its doors.
Cutting your commission is fine if all you're doing is putting the property on the MLS and hoping someone bites. REAL agents do much more than that and deserve a FULL commission.
if service verses dollars are concerned then how come brokerages are hiring agents at $75/month and $275 /deal, how do they provide services to their sales team, just think, we all are creating this group of **discount ** brokerages and sales rep, when brokers dont care and just want to hire and hire thats the kind of discount group sales rep they leave in market, i am sorry but i think this kind of concept exists at your brokerage , pl sit and discuss with your broker of record, because we do get this kind of solicitation emails from your brokerage on regular basis, we all have to do our diligence to protect our business and livelyhood, but good topic to discuss.regards
Somewhere along the way our industry has dropped the ball big time, for people like the ones commenting in this article and their company's to exist within it. I suppose some of the blame needs to fall at the feet of the "Competition Act." That glorious act which was, we were led to believe, enacted to protect the consumers..... Well the dummies that created the act forgot about the charlatans' the act ,in many ways, has given birth too. These supposed well meaning folk who run around telling home selling consumers they can save thousands by hiring them only because they will be paying lower commission rates. My question for all of you, and to some of you this question may appear more like a riddle than a question, is how does paying less commission equate to saving money?? The answer: it doesn't. If you don't understand why then you, "yes you savior of thousands" are a fraud. If you are confused I suggest you take an economics class at your nearest University.
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