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.
Having been a Realtor since 1968, I have seen my fair share of commission issues. One that standsout in my mind, is the Seller who listed with someone else because of probably a 1% lower commissionrate. In my opinion, the Seller left more than 5 times the amount of money on the table, because I knowthe Realtor will not spend the time to negotiate hard enough, and most likely because of the reducedamount of the listing end of a commission. The Sellers saved 1% = $13,000, but didn't get $75,000 they deserved. Quality representation is worthsomething extra.Jeffrey Joseph, BrokerHarvey Kalles Real Estate Ltd., BrokerageToronto
Been in this industry for over 30 years. Ever since I got my real estate license I began reading and hearing complaints about 'high commissions' in this industry. Since then, I've seen hundreds of companies offering alternatives come and go. Most of the newcomers bent on saving the public from this "outdated fee structure" have never had a real estate license, and consequently have not worked with sellers or buyers on a regular basis.Real estate agents get paid for providing a yet to be improved MLS system, for their localized knowledge and mostly for being able to able to deal with highly emotional and often irrational buyers and sellers. Lawyers could have easily taken over the industry. Appraisers, home designers, mortgage specialists, banks, home inspectors and professional stagers have the tools and knowledge to create a service that would put all real estate agents out of work in no time at all.Why haven't they?One simple answer; they are not willing to put up with those "highly emotional and often irrational buyers and sellers" on a daily basis. "Ideas are a dime dozen, but those willing to put them into practice are priceless", Joe Gandolfo PhD.
I work as a deal secretary for a brokerage. You may hear chatter about the commission BUT on my street there have been 3 recent listings - 2 with brokerages the other went with Property Guys. Cool. Thing is the tow brokerage listings sold in around a week while Property guys listing has now moved to a brokerage. That says alot
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