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.
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