Tags Posts tagged with "For-Sale-By-Owner"

For-Sale-By-Owner

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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.

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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.

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What most home sellers on that path don’t know, however, can land them in major litigation and financial loss. DIY property sales companies will barely touch the subject or avoid it entirely.

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For whatever reason, people seem to think that anyone can buy and sell houses, not just professional real estate agents.

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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.

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Even with high tech advances and licensing authorities tying our hands behind our backs, real estate is still a “peoples’ business”. Here are 15 reasons why you should use a Realtor.

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Getting the listing from a FSBO is a situation ripe for the picking, but there’s a right and wrong way to make sure you’re the agent they choose when they’re ready to hire one.

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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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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.

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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.