When will we be able to list without agents?

From Zoocasa Ask the Pro's Section

Q... When will we be able to list without agents?


A... Robert Ede

Your real/root question (that was prompted by poor facts in the newspaper coverage of the Competition Bureau's self-serving 2009 crusade against the Canadian Real Estate Association) is when can I list my home on MLS.ca for no/little commission?

You might try to considered this instead: Is my objective to realize the greatest "net amount" of money for my property? or to obtain the satisfaction of not paying a commission?

These two objectives are almost always mutually exclusive.

The "MLS"tm Price that is available to a Seller by paying both a)a Listing Broker and b)paying a Buyer's representative "some kind of fee" is not often available to a non-"MLS"tm Seller.

It's not available because the Buyer won't pay it:
1)rarely is the non-"MLS"tm Seller able to create the urgency/fear-of-loss atmosphere;
2)the Buyer's first reason for offering the non"MLS"tm Seller less is "you're not paying any commission, so I'm offering you 94% of (optimally)"appraised value;
3)if this thought does not occur to the Buyer ... it certainly will occur in the mind of his Lawyer, Friend, Advisor or Registerred Broker-cut-out-of-the-deal.

Sadly it's a bit difficult to offer-for-sale and negotiate-to-conclusion "both ways" to thereby make an actual comparision of the method producing the "greatest net".

If you live near the GTA I can show you how to go about it .... but I cannot do that for free.