Friday, March 26, 2010

The Competition Act and Real Estate

The topic on the table for a while now is that some people feel the consumer is being “short changed” by the fact that Realtor (through our regulators) don’t allow them into our bank of property information depriving homeowners of the ability to list their own properties and deal with their own sale without the assistance of Realtor.


Sure some of you may feel there is a conflict of interest here, but those of you who know me also know that I am a fair individual, educated and experienced. We live in a sophisticated world. We take vaccinations for flues and colds. We visit our physician regularly; we don’t auto prescribe. Most of us don’t even change a tire when needed; we let the professionals do it. If affordable, we don’t even look after our own yards, we let the experts do it.


And so my question is: What makes homeowners believe that selling their most valuable investment, for most of us, will be a simple endeavor?


Realtors deal with people of all kinds of different values, ethics and behaviours; we are constantly exposed to fraudulent acts, which shock us every time, even though we’ve learned how to anticipate them and protect the homeowner from these…How can homeowners willingly gamble this precious treasure on the luck of the draw?


Naturally, this applies to choosing your Realtor as well. It’s just as important to choose the right agent, someone you can trust to have YOUR best interests at heart and negotiate on your behalf. That’s the best way to guarantee a successful transaction.