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What Is the MLS® in Canadian Real Estate?

TL;DR In Canada, the Multiple Listing Service® (MLS®) isn’t one website. It’s a co-operative network of regional databases run by local real estate boards/associations. REALTORS® use these systems to share listings, set up cooperation with other brokerages, and negotiate offers. REALTOR.ca is not an MLS® — it’s a national public portal that displays portions of MLS® listings from across...

Are Open Houses Worth It? Pros & Buyer Myths

When an Open House is Really Worth ItIn most cases, open houses aren’t your closing strategy — but there’s one clear exception: a hot market with more serious buyers than private showing slots.When inventory is low and buyer demand is surging, private showings can book up in hours. In these conditions, an open house can efficiently funnel dozens of buyers — and their agents — through in a single...

What Percentage Do Realtors Make From a Home Sale?

In the complex landscape of Canadian real estate, one of the most persistent questions and sources of confusion for both buyers and sellers is this: What percentage do REALTORS® actually make from a home sale? While 5% has long been cited as the industry "norm," the reality is both more nuanced and increasingly negotiable.This guide cuts through the generalizations to examine how real estate agents are...

Real Estate Commission in Canada

With discreet academic insights and trusted data integrationAs a licensed broker, I’ve spent years helping clients navigate one of the most confusing costs in real estate: commission. It’s often accepted as a given 5% split between agents but few sellers realize how much flexibility and strategy actually exist behind that number.This guide is written with sellers in mind. It breaks down how commission...

Unmasking the Hidden Costs of Big Real Estate Brokerages in North America

Major real estate brands in North America often charge sellers 5–6% commissions on a home's sale price – tens of thousands of dollars per transaction – yet much of this money goes toward broker profits and massive marketing budgets rather than directly improving the client's experience.1. Commission Structures: Where Your Money Really GoesSteep Commission Rates:In the U.S. and Canada, traditional...

What Do Real Estate Agents Do?

When you are buying, selling, or renting a property - real estate agents play an important role in the housing market because their primary role is facilitating transactions, and their expertise extends far beyond simple matchmaking between buyers and sellers.This guide dives into the full scope of what real estate agents do and how their services can make your real estate journey smoother and more...

Buying a House Without a REALTOR

Purchasing a home is a significant milestone and financial decision, and while most people hire a REALTOR® to guide them through the process, it's entirely possible to buy a house without one. This approach can save you money on commission fees, but it also requires careful planning, thorough research, and a solid understanding of the real estate market.In this guide below, let's explore the steps, tools,...

What to Look for when Buying a House

Buying a house is one of the most significant decisions you’ll ever make, and it’s not something to take lightly.While many articles cover the basics—location, budget, and home condition—there’s so much more to consider. This guide dives deep into every conceivable factor you should evaluate when purchasing a home, which is from environmental sustainability and technological integration to...

How to Find and Choose the Right Real Estate Agent or Realtor (Detailed Guide) for Canadians

Step 1: Understanding the Role of a Real Estate AgentIt is crucial to understand what a real estate agent does and how they can facilitate you before diving into your search for the right agent.For Buyers: Real estate agents help you accomplish many tasks like; finding properties that match your criteria then arranging showings & providing insights into local markets, and negotiating offers.For...

How to Interview a Real Estate Agent

When buying or selling a property the selection of the right real estate agent is critical. A good agent can simplify the process, save you time and money, and help you achieve your goals.To ensure you make an informed decision about the agent selection, follow this step-by-step guide on how to interview a real estate agent. Prepare for the InterviewTake time to prepare the interview before you meet...