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...
FTHB
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...
When selling a home, two viewing methods dominate: open houses and private showings.You’ve probably heard that open houses build excitement and private showings close the deal.That’s partly true — but there’s more to the story.This guide covers everything you’ve likely seen in Google search results about the topic, then adds proven research so you can decide which approach works best for your...
There is a very basic understanding of Discount and Full Service real estate agents, which is often reduced to a simple pros and cons list. However, due to shifts in the real estate market, many discount realtors are now offering similar — if not identical — services to their full-service counterparts.In this article, we answer three important questions:Does a higher commission translate to better...
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...
Choosing a real estate agent isn’t about picking the friendliest face on a bus bench. It’s a business decision — one that can affect how much you earn (or spend), how quickly you move, and how confidently you navigate the market.Here’s how to evaluate prospects using hard metrics and peer-reviewed insights — not industry marketing. Verify Licensing and Professional StandingStart with the...
Canadian homeowners today aren’t just asking what commission rates are—they're asking what’s fair. With options ranging from full-service brokerages charging 4–5% to newer discount and flat-fee models starting around 1%, the landscape has shifted. As someone who’s worked with clients across all three models, I’ve seen firsthand the pros and cons. Below is a quick, honest breakdown of what...
When it comes to buying a condo, most people focus on location, square footage, or amenities but there’s another crucial detail that often gets overlooked: Is the condo freehold or leasehold? This small line in a listing can have a big impact on what you actually own, how long you own it, and what it might cost you over time. Let’s break down the core differences between freehold and leasehold condos...
Quick Facts About Toronto Real Estate CommissionsTypical commission: Approximately 5% total (2.5% each for buyer and seller agents).Who pays it: Usually, the seller covers this fee.Negotiable? Yes — commissions can often be negotiated based on property, market conditions, and agent competition.Alternative Options: Models offering lower commissions, such as 1%, are increasingly available. Picture...
Thinking about buying a condo? You're not alone. Across Canada’s biggest cities, condo living is on the rise — but is it the right fit for you? A Condo Might Be a Good Choice If You: ✔️ Prefer a lower upfront cost compared to a house✔️ Want availability of amenities without worrying about maintenance✔️ Like the idea of living in a secure, well-located building✔️ Are...