I’ll opine here that as the market evolves into more balanced or buyer-favoured conditions, FSBOs may once again fall further into fringe territory. Why do most fail? Think about the term “private sale”; it’s private.
As part of an online campaign, CREA is looking for unhappy FSBOs. Or in other words, people in the Greater Toronto Area (GTA) who had a bad experience while trying to buy or sell their homes without a Realtor.
The Quebec Federation of Real Estate Boards (QFREB) says it is pleased with a provincial report that asks if FSBO companies should be regulated more like brokerages, including mandatory training and licensing.
Can a part-time agent really succeed? In some instances sure, but it’s rare. Once they sell their friends and relatives, they don’t know which way to go or what to do. I know this is a valid statement – I've heard it so many times from so many sources.
Citing misleading advertising, unfair competition and unenforceable guarantees, the Quebec Federation of Real Estate Boards (QFREB) is seeking authorization to institute a class action against for-sale-by-owner company DuProprio.
If a new salesperson is looking for a place to work, they have lots of choices. There are many different kinds of real estate brokerage models. But there are no easy solutions. We must work hard for our money.
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