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.
A commission-free listing on OUR MLS system? That doesn't make sense. Commission-free companies should group together and offer their own forum, not use the one we paid to develop and pay to maintain! Outraged.
And are these owners that sell for themselves ready to be sued if they misrepresented their home when selling? It's just not as easy as putting up a For Sale sign in the front yard! And many times putting buyers and sellers directly does not result in a sale because we all know that sellers most times have personal attachment to those homes and think it's worth more than the market warrants!
If we as Brokers or Agents "own" the MLS system (it is created, maintained, expanded, developed, improved by only us...) then why don't we have the right to charge those using it? So if we are just over 100,000 Agents in the country, all of whom have help fund and/or create the MLS system, why don't we charge $1 each to anyone wanting to use our system. This way 5, 6 or 7 percent commission will be a deal ! Or they can pay the $100,000 and be a FSBO, screw up their sale, undersell their property, lose buyers etc all on their own :) Game over.
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