Cheaper real estate fees are coming

[Pompal 09.]

Any real estate agents here?. Is this the end for you guys?.

http://www.moneyville.ca/article/1020939--cheaper-real-estate-fees-are-coming?bn=1

 

[jacobandalex]

Elizabeth Lipcsei, 80, listed her $1,299,000 North York home with PropertyGuys because she thought agent commissions were “outrageous.” If she sold the house at full price, total commissions could be as much as $65,000. With PropertyGuys, Lipcsei says she expects to pay about $1,300 to sell her property.


That is a huge difference. Can anyone tell me what is the drawback here. Is this TGTBT?.

 

[Rottie Momma]

R.I.P

To the agents :frown:

 

[Cato U]

Thanks for the tip.

 

[ETAK]

Agents will still be around. It isn't new that there are discount brokers - I know of a guy in Ottawa that will list your property on the MLS for fees plus 100 bucks.
Now seriously - how many of you actually consult the MLS when you are looking for a new home?
Most people drive around and call whatever broker is on the sign in front of the house that you think..."Hey! That's nice!"
Personally I wouldn't sell without a broker.
Don't want the hassles.