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THIS FIRST TIME BUYER USED AI TO BUY HIS HOME AND KEPT ALL THE COMMISSION
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When the day comes that I sell my house there is no way I'm giving realtor 2-5%
With the increase in housing prices that's an average of 50k per 1 million in selling price.
So a two million dollar SALE can hit you for as much as 100k in Realtor fees.
A two million dollar house in Toronto is has $64k in land transfer tax owing when you buy it.
So selling your 2 million dollar home and buying a new one can cost 164k in total (Toronto) making your move on of the most expensive things you ever do in your life time. Removing the Realtor fees is a given as AI does all the heavy lifting in the future.
With the increase in housing prices that's an average of 50k per 1 million in selling price.
So a two million dollar SALE can hit you for as much as 100k in Realtor fees.
A two million dollar house in Toronto is has $64k in land transfer tax owing when you buy it.
So selling your 2 million dollar home and buying a new one can cost 164k in total (Toronto) making your move on of the most expensive things you ever do in your life time. Removing the Realtor fees is a given as AI does all the heavy lifting in the future.
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I believe that in Australia, that's the standard approach for selling homes (via auction).
https://www.cbc.ca/news/business/he...ralia-should-canada-follow-its-lead-1.3826727
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