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...
Real Estate
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...
Home sellers paying for buyer agents: Is it injustice or simply misunderstood business logic?Disclaimer:I am Faiza Ahmed, a licensed real estate broker. The analysis presented in this article is unbiased and strictly based on publicly available documentation, industry-standard forms, and legal references. My perspectives are also shaped by my own experience as a consumer impacted by real estate commissions...
Real estate agent commissions play a crucial role when buying or selling property in Canada. These fees can vary significantly depending on location, property type, and the services offered.But before you start exploring this article, please note that seller typically pay the commissions, and buyer do not.To help you navigate these costs, we've compiled detailed insights below, along with helpful graphs to...
The terms real estate agent, real estate salesperson, and REALTOR® are often confused and misused by the general public in reference to who can do what. The terms refer to different roles and different qualifications. Let's break each of them down for better understanding as to why the differences are important to understand while buying, selling, or investing in real estate. What is a Real Estate...