| Canada is typically 7% commission on the first 100k and 3.5% on the balance. As average prices have increased commission has also gone up. Realtor fees are high for their low level of digital literacy and competency. Realtors will be disrupted by tech folks who take a simple licensing exam and make software work for the customers. Running anything more than a basic level of search is usually impossible for Realtors. It’s this old realtor exchange which has more than had its clock tick past expiry. A software dev buddy had some decent parameters (distance to school, work, family, etc) and it seemed to boil Realtors brains to find a way to map this. It was more about making a sale. It was almost to the point where my friend almost was going to become a realtor to get access to the data to run his own searches. He calculated getting a license was cheaper than the commission. Realtors are like lawyers, too many don’t know everything but act like they do. The ones who specialize and actually are experts are worth it. Most sales are not that specialized |