Is it Possible to SALE Home with out Realtor in Canada?


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mumdxbcan   
Member since: Jul 07
Posts: 469
Location:

Post ID: #PID Posted on: 22-03-10 14:50:48

Not sure how many people had this experince of Selling Home in Canada without Realtor ?

Some details are

-Bought home around 2008 for $X amount
-Getting bigger home at comparatively better price
-No Realtor support from Builder
-As of today, price for existing home is $X - $5000 or $X-$10000
-Also Realtor commission, which is roughly $13000-$15000 for selling existing home

So it doesn't make sense to spend so much on realtor commission
Also getting a loss of around $25000 for buying new home is not 'Worth'

So what are the different options available to me ?
I know about WE LIST where one can list his home with some minor fee

But how successful are WE LIST ?
What problems I might encounter ?

Also like WE LIST is there any option with me ?

Please share your experiences

Thanks



hchheda   
Member since: Aug 05
Posts: 2245
Location: Woodbridge

Post ID: #PID Posted on: 22-03-10 15:02:20

Quote:
Originally posted by mumdxbcan

Not sure how many people had this experince of Selling Home in Canada without Realtor ?

Some details are

-Bought home around 2008 for $X amount
-Getting bigger home at comparatively better price
-No Realtor support from Builder
-As of today, price for existing home is $X - $5000 or $X-$10000
-Also Realtor commission, which is roughly $13000-$15000 for selling existing home

So it doesn't make sense to spend so much on realtor commission
Also getting a loss of around $25000 for buying new home is not 'Worth'

So what are the different options available to me ?
I know about WE LIST where one can list his home with some minor fee

But how successful are WE LIST ?
What problems I might encounter ?

Also like WE LIST is there any option with me ?

Please share your experiences

Thanks



http://www.ctv.ca/generic/generated/static/business/article1508276.html

Very soon you might be able to list your own home on MLS for a flat fee without being too concerned about the realtor commission.

Hope this helps.
Hiren



Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 22-03-10 15:05:26

try 'bytheowner.com'


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Fido.


febpreet   
Member since: Jan 07
Posts: 3252
Location:

Post ID: #PID Posted on: 22-03-10 15:46:56

Quote:
Originally posted by Fido

try 'bytheowner.com'



Wait for a few days and you will be able to use 'mls.ca' for a nominal fee (minus the Realtor's mind boggling commission). Couldn't explain how happy I am with this news. Gone are the days of greedy realtors - very soon though.



Blue_Peafowl   
Member since: Dec 08
Posts: 1351
Location: Brampton, Ont, Canada

Post ID: #PID Posted on: 22-03-10 15:57:39

It is good that MLS is going to open for public.

But it’s not easy selling house without having good agent.

Lots of paper work involves (rules and regulations), not everyone will benefit selling homes by their own. Unless if they have knowledge and most important time (schedule meeting, going through all documents etc..)

NOTE: I am not an RE agent :) :) :)


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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)


mumdxbcan   
Member since: Jul 07
Posts: 469
Location:

Post ID: #PID Posted on: 22-03-10 17:52:47

Quote:
Originally posted by hchheda

http://www.ctv.ca/generic/generated/static/business/article1508276.html

Very soon you might be able to list your own home on MLS for a flat fee without being too concerned about the realtor commission.

Hope this helps.
Hiren



Thanks All for sharing information

Also good to know about MLS listing with nominal fee

Of Course no one knows when this might start

Anyway I am not in hurry as just doing New Home booking & home will be ready only after 7-8 months
That time I will be in the process of selling my existing home



northyork_desi   
Member since: Apr 09
Posts: 290
Location:

Post ID: #PID Posted on: 22-03-10 18:08:02

You could try minmaxx......see link below

http://www.minmaxx.com/





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