Real estate agents breaking the rules: Hidden camera investigation (CBC Marketplace)
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- Опубликовано: 29 сен 2024
- With bidding wars for houses cloaked in secrecy, how do you know your real estate deal wasn't already rigged?
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The fine is only 3k? Lol one sale the commission on that house is like 20k no wonder the realtor isn't scared
At that point it’s just a labour fee
Maybe they're corrupt too
The fact it's even legal is a problem. I'm an auditor in the US and if we've worked for a company even 5 years before we wouldn't be allowed to assist in the audit, let alone lead one. If this was in my world, it'd be like letting me audit my own work for a company I'm a partner at.
@@andrewmcnicoll4268 It'll be a very long time before I'm able to afford a house here in the US, but what you're saying is that the double-ended deal thing doesn't exist in the US? Except for a few house buying shows, I don't know much :)
@@BewareTheLilyOfTheValley Idk about the US housing industry, but that's the regulations over the external auditing industry. In comparison, I'd be surprised if that's legal in the US.
Marketplace is addictive. Don't even live anywhere near canada and I've now watched 50+ plus episodes. Shocked at how poor their legislation is, I always thought they were ahead of the curve.
That’s Canada eh!!! This is just one thing. Everyone from higher up is involved in the process
It's an ethical issue. Doesn't matter where you go. There is always people with no morals and ethics
We are ahead of the curve in public relations/image management😭
Double ending should be banned in Canada and the US. It creates a conflict of interest that hurts consumers.
Double ending isn't a problem in the US like in Canada because the US doesn't have the same restrictive real estate laws and market controls that Canada has.
double ending is the same problem here in the US. maybe even worse. So many of the realty firms in the US also handle the mortgage services. So now , you have one office who wants to represent both sides.. and will steer yoy to their INHOUSE financing agent. potentially one person making comission on the sale (both sides) and the mortage comission from bank.
polivo0111 I’ve run across some agents that try to push clients to their in house lenders. That’s actually not allowed. I’ve called out some agents on it. And these agents are shady in the video. Makes realtors look bad. Smh. Hate agents like that.
Brett Vogel well I live in Florida and I went and got my real estate license I don't really use it other than helping my friends and family which does make me some money because we'll usually split the commission so instead of them having to get a realtor and pay 6% no pay me 3% or if they're buying a place since they're using me I get a percentage of the seller's Commission but if he has a real estate agent then I only get half. so somebody selling their house I'll take only 3% versus somebody taking 6 and if they're buying a house I can save them anywhere from 1.5% to 3% off the price. Now in Florida there's three different types of contracts and the best one to get and to have a real estate agent sign on to it which I can't think of the name of it find you to say that you have their best interest in heart and you cannot represent anybody else in the deal. So if you were going to sell the house you want to make sure that you could get into that contract with your real estate agent and then you don't have to worry about this.
It boggles my mind, how any countries law can allow double ending and hope that the agent is an honest person.........
Dear CBC even with two agents double ending can happen if they are friends or with mutal intrest. simple way is to offer to be given to the owner and not the agent. and owner will make the decision based on money vs conditions.
Most active agents sell less than 3 home a year. So if one of the sales involves them being a dual agent then of course double ended deals would make up a high percentage of their sales. Notice how the journalist said that for "top producing" agents, double ended deals only makes up 10% of their overall deals And what does she consider as top producing anyway. Base off of that, I think that the stats that she is using are skewed At 1:45
Where I live most sellers would not want to do an auction, but I think that it would be a good idea.The only bad thing about it is how do you know if the potential buyers are pre-qualified and if the seller/buyer will be able to come to an agreement involving the other terms (closing cost, insurance, how fast to close escrow, contingency, etc...). There is more to it than just the purchase price.
when I sold my condo couple years. I let all my iPad, tablet, computer, phone recording.
This way, we knew how much the buyer was ready to spend
Alex Bosse
Lol I did that in our house in Canmore, the agent was horrified and kindly asked me to delete it citing the possible legalities of it. Mind you I did not use to to get prices just uncensored feedback.
SMH
You would probably need permission from the recorded. What you did may have been illegal.
+hhiippiittyy *Why* would it be illegal to wiretap your own home? It makes no sense even if you're not currently present. It's your home, you should be able to do what you want with and in it.
Now, what you do with that recording though is a different matter. If for personal use, it's IMO perfectly fine. That's actually the law in many places. In many places around the world, only one party has to be aware that a recording takes place for it to be legal. So if you're recording a conversation on the phone(check your laws first), it'd be legal because you know about it.
For businesses the law is different. They can't do that. They'd have to ask for your consent before recording or they'd be in gross violation of the law.
madman2u
Yeah, I hear ya. I'm not saying it is illegal with certainty. I would definitely expect there would be no concerns if there wasn't a business transaction, like if you were simply hosting guests. I just know that real estate transactions are heavily regulated and that there *may* be a legal concern depending on jurisdiction. Likely not, but still possible enough that I would want to consult a lawyer if I were to do the same, given the size of the potential consequences (a sale being found null and void or something like that).
Absolutely happens. Once blocked by an agent from placing a bid claiming his client was ill that day and my agent recorded that phone message on tape. Went back to the homeowner in person to advise my initial offer was higher than what he accepted on that day and told him I was prepared to go higher. Later on the OREO did an investigation on my agent's initiative and the listing agent had clearly paid off the seller. The seller provided a written statement that they were aware of all offers. The taped evidence was never considered.
I am not surprised about these greedy double dealers, the public needs to be aware of these cons, thanks for the heads-up.
tears over losing out at 12:55 omg!
Wow, he is pretty torn to pieces over this situation. To be honest, I cannot say I have EVER witnessed someone so hurt because of their dream home being sold to another bidder. All I can think of is the old saying "do not place all your eggs in one basket."
CT! yeah but you would think the sellers would be the ones crying for they're the ones who lose the extra $30g ! not exactly chump change
J Tenn yeah, I'd image the sellers being upset then the guy who missed out. Can't always get the dream home but don't cry over it
I bet he voted for Hillary.
Phuck Ewe Hillary is an American who was running in a American election, so no 😕
As someone who came here from Australia, has bought, sold and rented numerous houses here, there's an awful lot about how the laws work here that just doesn't make sense. Quite frankly, the government doesn't seem very interested in setting up a fair and efficient market. In respect of purchase and sale, there are a few things that should be done. Double ending is definitely problematic. Get rid of it. Secondly, if a store offers to sell something at a given price, consumer law requires that they must sell at that price or lower. Why does this not apply to real estate? If you list for a given price and receive an unconditional offer at or above that price, you should be obligated to accept it. Part of what drives these bidding wars is that agents and sellers list the price lower than what they actually want in order to get more eyes on the property, get more people interested and create a competitive situation. Simply make the same consumer laws that apply elsewhere apply to real estate. If you list at a price and you get an unconditional offer at that price, you must accept it and cannot entertain further offers. If you want to create a bidding war, hold an auction and do it in the open for everyone to see.
The one thing that concerns me a little about this as both a home owner and property investor is the extreme rate of inflation in the property market and how sustainable this may be. For at least the last 10 years, we've seen home price increases in markets like Toronto, Vancouver and Calgary at several times CPI. All this means is that houses are becoming less affordable. To my mind, a big part of what is driving this are these secretive bidding wars. It seems pretty clear to me that these practices are artificially inflating house prices more than they would in an open market. That seems like an even more important problem to solve.
"If you list for a given price and receive an unconditional offer at or above that price, you should be obligated to accept it. "
No. It's my private property and I don't HAVE to sell to the highest bidder! You are comparing selling private homes to selling merchandise in a store, its' not comparable.
Also, I can't understand it differently than that double ending is the norm here in Norway. If I want to buy a house, I contact the sellers real estate agent. I don't use my own for buying.
A buyer of a private home is not a consumer, it's a private sale. Also, bidding war is good.
Making laws that applies to consumers apply to private sales is a bad idea. Do you have the same rights when buying a car from privately as you do if you buy it from a company? No. Why not? Logic. Same applies here.
I agree that the listed price should be the actual value of the property, not tens of thousands below expected to draw in more people.
If you're not willing to accept the price it's listed for as a seller, the listed price is too low. It should be set to the minimum of what the seller will accept.
A house that my family wanted had been in the process of foreclosing for years, we tried EVERYTHING in order to get it. We talked to the bank that was foreclosing it, the people they told us to talk to, and the people THEY told us to talk to, and while we were doing that, it was sold to someone who wasn't sent on a wild goose chase like we were. Later found out that the people who bought it, had family connections to higher up people in that bank. 😡
I sold my first house at 10% agent fees. After the real estate open house there were 4 offers.
So, for a few days work my agent makes a ton of money in a active market, doesn't seem fair!
I plan to sale on my own. I tried to buy several houses but never heard back from the realtors
In this day and age with all of the ways a home owner can sell their home, more people should be selling it themselves. I just sold mine in Orlando, FL using the MLS listings. It took me six months, but I got what I was looking for and saved 3% of the selling price. I paid the buyer's agent 3%.
Let's all go to Australia! North America (US and Canada) has to many slippery politician.
australia is a great country if you can handle the millions of immigrants taking you jobs and buying all the real estate.
@@silvana8246 🤦🏽♀️
I bought my house here in Texas at auction ... for $14,000. If you're paying $1M+ for a house you need to talk to your lawmakers about relaxing subdivision laws instead of tightening realestate transaction laws
Whenever a politician doesn't explicitly agree that there is a problem that needs to be fixed, makes me wonder where their money comes from.
my heart goes out to these poor unfortunate people. its so sad they can't live in these homes. the loss is unimaginable! i cant imagine the horror. i cant stop crying for these poor poor people.
So, bidding is 100% perfect with no negative aspects? Would a bidding market drive the price of homes even higher? Is it better for consumers to buy a home in a hurry, based on fear and stress, as opposed to going through a slower process? Can everyone in the bidding have the chance to calmly inspect and visit the house in order to make a well-paced and educated decision? I don't know much about Aussie real estate market however, it looks Marketplace picked only the aspects that could seem positive. Good intention Marketplace, but really poor outcome.
My thoughts as well on the actual bidding environment. They do allow for homes to be inspected by the buyer prior to closing and homes are listed and available for showing prior to the auction. The buyers don't just show up. However, I wouldn't want to bid on a house in that environment.
Why not investigate realtors like CBC just did? You can fine the non compliant realtors and improve the industry. Unless the industry is happy with making lots of money in a hot market market and not concerned with the consumers...
The fact that they even say they are going to do it should be a criminal offense.
EVERYTHING has to do with $$$$$$ and don't you forget that.
Phuck Ewe duhhh! OK I won't .
"Oh, this is such a huge problem and should be dealt with, so we'll bring it to the guy in charge of disciplining the people who do this sort of thing, but we aren't actually going to tell him the names of the people we've caught doing this, or show him their faces. That way they can face absolutely NO repercussions for this. But this is such a huge problem and should be dealt with."
So great job marketplace. You caught people doing something illegal and did... nothing at all really. Whined about it I guess.
Anyone who is looking to move Canada from the US. I would recommend to take a look on this video...
Adam Dang America has more scams and fraudulent activities than all of Canada combined
And how is that different from USA? Same scam, double dipping everywhere.
I’m not a real estate agent and must say everyone must follow the rules. But I must also say there is more than the price that sells a home. Time frame, is buyer qualified etc. just my two cents.
4:32 ??? WHAT?!?! Letting buyers know what the current bid is, is not fair?? It's MANDATORY here in Norway!
I learned so many new words from this guy, impressive
What this video doesn't tell you is, at least in the U.S. it's up to the Seller/Owner and the Real Estate Brokerage company if they allow the real estate agents to double end commonly known as "Dual Agency." Just cause it's allowed by Gov't doesn't mean it can't be banned individually.
As an Aussie I can't believe that the auction system for real estate isn't in Canada. I can't see the purpose for a buying agent at all, especially when you're paying commissions on both ends on the transaction. The prices here might be crazy, but at least they're mostly transparent.
Despite the differences, we still see real estate agents as dodgy sales people.
I bought a house recently. I didn't see it as a win lose situation. It was bargaining. Win lose are concepts aimed to get people paying as much as possible.
$3,000 if you get caught is nothing when the possible take away is many times greater and the odds of getting caught are low.
“I use my power”
That’s an abuse of power
Double ended deals means the realtor is more likely to be trying to close quickly rather than to best represent the interest of their clients. A lawyer can't double end. Even two lawyers at the same firm representing both sides of a case is frowned upon and only allowed with a "Chinese wall" meaning an ethical wall that demands complete separation so both parties are fairly represented. I've always found it weird that this was allowed in reality.
In the United States at least in state of Michigan you have buyer agents and seller agents and they have to state in paperwork if they a dual agent. As a buyer it also best to use a buyer agent that working only for you.
In other professions you get your license suspended or revoked. Real estate couple fines :)
The only problem with the australian system is that eats bidding wars which may be great for the seller but not the buyer.
We need a system like the Aussies. No secrecy. We do it in public and the highest bidder gets the house. I like their system.
The seller who wasn’t presented the $30,000 higher offer needs to sue the agent in court for the difference lost. He would have a high likely hood of winning if he gets a copy of the contract that outbid, from the buyers agent. This contract would include the fax times on the offer, to compare to the accepted offer. The buyers who was offering more should also have their agent sue the selling agent for the commission lost. These types of lawsuits are the only way to get these issues recognized.
"You use your what?"...."Pover!"
Why do we have realtors again? Why not just have the house independently listed, inspected, assessed, and buyers can go online and make offers against a listed price? This lack of transparency boosts brokers pockets at the costs of Buyers and Sellers.
that's good because if you send multiple people to go see the house and set up the agent and get a good deal. think people think.
My fiancé & I actually discussed this. We plan on seeing some houses by ourselves, mentioning that we are soon to be married looking for a family home, but not mention each other's names or go together. See what the realtor does.
We did this once already, scheduling appointments 45 minutes apart. The realtor was excited always saying how there was someone else interested.
In one that we experimented with, the realtor gave my fiancé an existing offer price ($200K, and houses in the area averaged $80K, we we both mentioned we weren't from here) but never mentioned such an offer to me.
You got that right!
So smart to do this.
Thank you for doing this.
Commission should be paid by the buyer. They are the one that is taking up all of the time of the agent. When I sold my house I had about 30 agents in with buyers. Not once did my agent show my house. When I bought, I bought privately. Sooooooooo incredibly simple. Realtor.ca allows you to see inside homes and neighbourhoods all while sitting on your sofa. If you see something you like simply make an appointment to view. If interested negotiate a price upon inspection. Hire and inspector. Hire a lawyer and Bob's your uncle as they say.
The real estate industry in Canada is corrupted and doesn't fit the market requirements. We live in an era just like the taxi industry before Uber make it way in. We need something to make a change and be what the Australian friends has... auction your home.
Show me a Successful realtor and I’ll show you a crook.
Poor mindset you have.
we don’t have to have real estate agents to buy or sell property here, only lawyers, and they make sure there’s no funny business. Also, one legal firm can represent both sides, but each side has to be represented by two separate lawyers in the firm.
I had this happen to me. Bid 20k more for a house than it sold for in Raleigh, NC
Back in the day........a real estate agent sold more houses by having a apple pie baking when the buyer came to see the home. My how times have changed.
I will never understand why people use agents to sell homes.
I thought agents were SUPPOSED to keep all buyers in the loop so they can say they wanna pay more for the house or say they don't want the house
This is illegal in the United States. They only make commission on the homes that they sell and the seller pays the realtor fees.
the assumption of 'everybody' works with integrity is just a joke; it makes the contry of scammer's heaven.
Wish we had a show like this in the US. It’s completely corrupted.
It’s called dual agency. Not double ended. Buyer and seller must be aware the agent is representing both parties
You're going to cry about a home not being your property, omg get this man a tampon.
dude it was willign to pay more and the sellers would have accepted it. He and the sellers got ripped off.
If you’re in no rush to sell your home, why bother with a realtor??
There are good and bad Realtors just like there are good and bad lawyers and good and bad accountants, good and bad people, doctors, reporters, police, etc. If the Realtor discloses as required and stays within the ethics and regulations of the industry, there is nothing wrong with double ending.
Well, hell yeah, Australia, come to Sydney and get blown away by the prices.
The fines aren't "more than adequate" when the real estate agents are continually breaking the rules that make this market fair..
this underhand deals dont just happen in canada, it happens in other countries as well. my friend is a real estate agent and has a very high conversion rate because he is dodgy and he understands what he does is dodgy but money is king.
Cant you sell a place without a agent in Canada? The places are hot. The only thing is that you have to let it know that you are selling. Ain’t no rocket science
20:48 OMG, here we go again, responsibilities it's theirs not mine with a straight face... been hearing this over and over again through different episodes. It's amazing how Canadian politicians are so united when comes to the question who's responsibility it is. "I think it's his/hers but definitely not mine". Even the wordings are similar......
Take their real estate licences away
We were lied too, false papers shown, viewings disappeared once an offer came. Our agent??lol was working with a co worker who had a buyer. Ours was going on vaca in 2 days and wanted it sold so he did dirty in order for that too happen. This is a small town and I have cost him a few sales and listing just by telling friends what he did to us. Cost me about 40 grands but ended up costing him much, much more.
Sellers break the rules, by not accepting and paying for VALID OFFERS, creating bidding wars, and auction like situations, all unlawful.
She should've given him their names, that would be a great first step
i dont get why the bids have to be secret, in sweden we have it online and everybody can see the bidding history and time when the bid was offered
One point why are so many agents doing this and why isn't the government on these guys.
they went to melbourne but showed all the pics of sydney lol
Id be curious to see if the agents who double-ended reduced their commission at all? might make up for the 1.5% price difference in sale.
We also have normal House sales with out the Auction, seller sets a price agents try's to get the best price closest to that, do they have sales like this in Canada?
Ok, so the agents were double ending the seller, but what about those of us that don't always have the capital for maximum bids on houses? Truly a conondrum is at hand.
Here's a better idea get the Realtors completely out of the loop and buy directly from home owner
As an Aussie I never knew there was any other way really.
Amazing show. I cant beleive gov is just trying to dismiss this like its nothing. Bs. Too much trust in gov. People need to unify and protest.
Why couldn't that one guy who lost out after offering 30k more tell the new owners he will pay them for the house what he originally offered. I'd find a new house for 30k.
14:28 HE WAS CHECKING THAT GUY OUT LOLOLOL
1.2 mil is more than ill earn in my lifetime lol
Every single episode of marketplace makes me heated.
imboredsauce Break down their powers of old and chain them to the new. Currency shall bind them to sin and through sin, their fates will be in our hands!
dafuq you on about?
It was after his comment they decided to do that video on weed!
yeah man always. i can't watch every episode anymore, too stressful! too much info about things you can do little about. I just check the Marketplace weekly emails(SIGN UP) and watch stuff that directly concerns me.
then get a fan. ^^
If they’re fined their names should be published in all the real estate newspapers and online.
You can actually look up on the RECO website each and every licensed salesperson or broker, and see if they have ever had any fines or convictions.
I left real estate because it was so unethical, then I went into the medical field and found out it was even more unethical- and much more deadly. Come to USA and do investigations in the medical field.
Dee Dee I decided not to pursue med school for multiple reasons including hospital/pharm contracts. What are some of the unethical aspects you have seen?
U r so right n the medical one is deadly coz so many have lost their lives due to unethical practices. What do u investigate? Am a nurse, but right now am just disgusted with low quality care patients get, n it seems like the field has turned to who can cover up better! maybe I can come work for u? 😀,
Sunrise & Sunset wich state do you work in
STRICTLY HARD RAP, Am in PA state and u?
STRICTLY HARD RAP, Am in PA state and u?
Overpaid, under-skilled and corrupt. The real estate speculation industry is spiralling up the cost of living.
+OH Yeh! 90%
even the rules allow for some legal stealing but if they wouldn't be there.. people still wants to rip of others but are frustrated themselves if they got ripped. And that crap that's he market and "natural" ways of it works.. Boy overpopulation would sort itself out if all bans are lifted. Ok utter chaos but since humans prove on daily basis over all centuries they are incapable to co-exist ...
Anyone can become an agent. The industry attracts narcissists with a God complex. Most would rather kink a deal then boast about it than do it with integrity. Most are starving.
Government sold out the people like the liberals in BC
Well said. And not really necessary 🤔
Why isn't double-ending illegal? Like, seriously?
It's CLEARLY a conflict of interest.
I still don't understand what it is
In America both the seller and buyer have their own agent. The buyer's agent wants the house to sell low. The seller's agent wants it high for obvious reasons. Both agents get a percentage of the sale price. In Canada one agent can work for both the buyer and seller. That's a problem because he is always going to want it to sell high, that's not fair to the buyer. It can also be unfair to the buyer as well but that get a bit more confusing if you don't understand the house buying process. The whole reason I know is because I manage my parents real estate and buy and rent houses out. If there anything you don't understand let me know.
@@mitchellmaytorena1137 Or like in the case in the video, the agent will not tell the seller about the higher offer from another agent because they won't be getting that commission. So they only tell the seller about the offers from their own buyers.
Mitchell Maytorena In the USA the same firm can represent the buyer and seller, just use different agents in same firm. Still incentive to cheat to make your boss happy. That’s why when I found a house myself I made the offer thru the selling agent.
As long as the government gets their cut, why would they interfere with money bags rolling.
I already knew this lol. when I was a kid my Dad always told me, "Son when you ever want to buy any kind if property, find and talk to the owners first"
I will remember to tell my son that.
Ricky, I would not sell to someone that knocks on my door and then comes with an agent. I mean, if they’re offering to match my price right then and there I don’t mind, after all it’s business. But if you come into my house and talk to me and then bring an agent/broker to negotiate a lower price, there’s no deal.
I generally don’t deal with the buyers, I don’t like when people go I like this house, it’s perfect, bla bla. And then try to negotiate. If you like, buy it. I don’t go to the grocery store and try to haggle the price of the tomatoes because they’re delicious, I buy them.
That’s my two cents.
Yhup me too.. which is why I say owners u deal with that Banks URSELF n buyer..not an agent..
Your father smart. God bless him
@@EuroGuy85 come buy my house, just the kinda buyer i need... 🥳
We live in a society where there is so much of cheaters and liars, and the authorities seem to turn a blind eye to these scumbags.
Agree ! Where is any honest people out there ! The problem is - authorities not putting a stop to it ! Dishonesty is blooming !
@@CharlieBrown-zr9wk In their defense, it seems more like poor regulation/lack of oversight than something such as laziness or lack of effort from authorities.
I just got to the second half where they go to Australia, and their style seems to suit me a bit more. I got to thinking about it and I'm not 100% one way or the other, but at first I thought blind auctions on houses was utterly ridiculous.
The more I see the more I prefer the way Australians auction houses, especially compared to the way Canadians tend to sell them.
It seems strange to me too, dude.
Scumbags🤣🤣🤣🤣🤣
..... but businesses always work in their customers interests! Markets manage themselves!
Realtor: "I use my pover to get the house.."
Marketplace: You use your what?!
Realtor: POVER...
Lmao
3000 or 5000 fine is the biggest jokes
Omg lol
😂😂😂
real estate agents grind my f**king gears. You need a lawyer and that’s it! Waste of money.
Always a good thing either have a clue in what to look for in what is sound when it comes to a construct or a friend. willin' to lend their knowledge.
If you want to spend double what you would for the traditional real estate transaction, then by all means go get a lawyer.
lol didn’t think i’d ever see snowcat here
@@taylordenman6105 Spoken like someone who has the means to hire a lawyer.
@@janeguarnera7700 your point?
Wow. Having that Australian system would be amazing! Imagine the auctions in Toronto; you could probably make a reality show about it. 😂
SimmonSays I'm a proud Aussie and glad that we have progressed in some areas more than others
SimmonSays no the actions would be horrible
I can imagine that show now: instead of ''Storage Wars'', ''House Wars''. Or ''Home Wars''.
The Lonely Sapphire same!
starquant easy fix: make offers in writing. :)
I appreciate the money that CBC spends on their investigative reporting. They sent an entire team to Australia to cover this story. Much respect.
I appreciate NOT ruining our planet by completely unnecessary plane travels around the globe!
@@Celisar1 dammm Karen
This is in Canada I think lol
It's our (Canadian's) tax money that pays for this
The end of the video shows perfectly the problem with government. They aren't interesting in solving problems. They are interested in ensuring there are problems in which they can create more government regulators who won't ever solve it. Just like how double-ending benefits the sleazy real estate agents, that it exists benefits bureaucrats too by ensuring they always have a job.
I would like to know how much the Lady in charge at the Government is getting paid under the table from the realtors not to push for a change. Only hear there is no problem and passing the buck.
Well...the fact y ou have to have a realtor's license to sell houses that aren't yours seems like a crock to begin with to me. Get rid of licensing requirements and make it optional. Step 1 to ending the corruption is to stop the gatekeeping.
Taking $30000 less offer agent loses $450 but being double agent on $800,000 gets them extra $12,000 for $24000 total
Why is it the government never ceases to disappoint me. ....
Crash Burn that's our mistake to think governments are there to protect us. But they are the one who steal from us in the first place.
Screw the government, let's demand change for ourselves because we know voting will not do anything.
First step is rallying support.
Please sign this petition
www.change.org/p/tracy-maccharles-bring-public-real-estate-auctions-to-ontario-transparency-real-estate
Richie D I'm glad we have some common ground.
I thought the petition a beneficial place to start, even if it doesn't do anything at first, it raises awareness that there are options, and the people can demand them.
Dude, look how far minorities advanced (good on them, much of it was owed); they did it by struggling in any way possible. big and small, whatever helped the cause in any form.
I'm not saying this petition will solve the problem, but it's a start, if anything to organize thoughts, plans, and awareness.
Because you keep voting in politicians that are sponsored by corperations.
It isn't rocket science dude.
When she was at the auction and reacting by putting her hand up I was like, "watch yourself! You're gonna accidentally buy a house in Australia!"
Lol!
So this is why my sister decided to sell and market her own home instead of going through an agent.
Not an answer. You need a wide field of potential purchasers. Under the best of circumstances, fewer house seekers will see the house. Worse than that, realtors are known to blacklist properties which are not listed with one of their own. Either way, "FSBO" is usually a money loser.
@@jimwerther Not really. Not everyone goes to real estate web sites. lots of people look at zillow and other places that have agents listings and seller listings. I know someone who just closed on a house where the seller listed it themself and the house was in the 600k range. The internet has really shown that you can expose your house far better than that sign on the front lawn from a real estate agent.
when he said “that was the house, that was it” i cried
I'm not even Canadian, but I love Marketplace so much. Great work, CBC! I wish we had a show like this in America.
Never trust people that call something they don't own, "their inventory".
I'm a Realtor myself, seeing these agents breaking their fiduciary duty and being selfish. disgust me.
Bad News with Trump get Ready to get more of this without Rules, and Regulations Bravo America!
This is Canada too and their rules may be different
So I add frosting to the top of the cup cakes
Oh please, the entire industry is scam.
Are they genuine fiduciarys tho?
The government needs to prosecute. There are too many crooks in this world. (I live in Canada)
I'm not even Canadian and I'm addicted to this show haha.
The rich get richer, and the little guy keeps getting shafted. Sick and tired of richer people constantly screwing over everyone else!