Special offer

Mere Listings Toronto MLS

By
Real Estate Agent with RE/MAX Realty Specialists Inc.,

How would you answer this question? 

Subject: MERE FSBO listing 

I have a commercial/retail/industrial property that I would like listed on the MLS and was wondering how much you charge to do that?

 

I said ---Depending on location, sale ability and pricing  I would be pleased to list the unit for you. Commissions are negotiable and competitive at 1.5 % to list, Commission to Selling broker is at 2.5% as a norm.

 

Today this response:

I am not looking for an agent to represent my property.  I am looking for a broker that will give me a MERE FSBO listing.  

 

How would you have responded?

 

Are you feeding the race to the bottom of real estate commissions; with 33,000 agents racing for 89,000 transactions in Toronto merely posting listings on MLS is a HUGE issue.   If I have listings on the system and do not delete the sold mere listings BUYERS will call you for you to explain it is sold and switch them to other listings...   Experienced professional service is not free. 

Comments (2)

FN LN
Toronto, ON

Hi David - I'm sure the seller will be able to find a brokerage somewhere in Ontario that is willing to do mere listings.

By the way, as of the end of February 2012, TREB had 34,500 members.  It only had in the 33,000 range for about four months.  More and more competition every month.

Apr 08, 2012 09:41 AM
David Pylyp
RE/MAX Realty Specialists Inc., - Toronto, ON

Hello Marc!

 

Thank you for the realtor update!  I thought the 33k was accurate for 2011.

Thank you.

 

 

Apr 08, 2012 11:51 AM