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.