Last week the Canadian Real Estate Association endorsed an agreement allowing realtors to unbundle our services. The agreement allows us to offer posting services (on MLS) as well as the smorgasbord of our other services “buffet style”.
Although no such rules existed at the Kitchener Waterloo Real Estate Board (or at the Cambridge Board) disallowing unbundled services, most brokerages did not make it a regular offering. Buying or selling a home or condo is often a challenging and complex process dealing with what is likely a family’s most valuable asset. Profession guidance is encouraged but no longer required when selling your home with the help of a professional realtor.
In essence, what we had before was a two-tier system, with a large gap between them. The choices available to home sellers were:
1) Buy a package from a private home selling franchise. Get signs and some advice. Do it yourself.
2) Hire a full service realtor. Communicate through the process. Pay a commission when your house sells.
With the changes, the gap becomes a sliding scale.
If you’re thinking about selling your home and would like to talk about this, please give me a call.