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.
They should focus on the realtor fees that are built into the deal or have to pay. Imagine , Buying or selling a a average home in GTA and paying a extra $25,000-$35000. Not sure how the industry can Justify these types of fees . There are a lot of realtors charging $1,000 -$2,000 total per transaction who are Qualified ,professional,,well informed,hard working and get the job done. They are making a living and providing amazing results and not gouging the consumer for a service that basically use resales to aim for on selling and lisiting? I have used many vetran agents and low commission agents and never saw any real magic. Just amore aggressive ,pressure coming from the vetrans who have the experience and use that to their advantage against the in-experienced sellers and buyers.
Not gonna happen. We get paid for results.
@Commission Wars - In the end consumers still can decide to pay more or less. To say that Realtors are gouging their clients based on the regular rates is a bit extreme, while not all, a few if not some really work for their money. Perhaps you should get to know what they have to go through to make a living providing the services they do. To undermine the type of fees that they are charging for a profession where they have been doing so for the longest time is like taking an axe to an ancient tree. Just because some Realtors choose to be paid less then the average is their right to do so like wise the choice of the consumer. In the end, really you do get what you pay for and there really is a difference in skill/service offerings. Just like you get between a Honda and a Ferrari. They both offer great services but there is always a level of distinction.In regards to your last quote, to each his own experience I guess, some because there aren't that many - don't use any magic or anything out of the ordinary, it's called skill and how they make use of this ability is what makes them great Realtors. The unfortunate thing however is that the profession is saturated with Realtors who barely conduct their services. I remember a published study that a large majority of Realtors (something along the lines of 60-75% - probably way more) make 1.5 sales transactions a year. That's about roughly +/- 13K Gross (in the GTA) before deductions and taxes which if you ask me, is not enough to support a decent living. If Realtors are to be financially sound FULL TIME then I think it's fair to say that whatever they are doing means that they are delivering on their bottom line and that is providing the pay-worthy services that consumers "choose" to pay whether it happens to be more or less.
Leading players in real estate and architecture will present the second biennial edition of Toronto of the Future
Changes reflect greater focus on advocacy and core member services, says CEO Tim Hudak
Blue Pearl Mortgage Group Inc. is expanding its footprint once again, this time with services in Ontario