Competition Bureau Fails to Address Competition within the Industry Itself
Author: Rod Thompson, broker / Founder SellerInvite.com (Edmonton)
EDMONTON, Oct. 25 /CNW/ - The Competition Bureau has only succeeded in giving sellers the ability to access the MLS System® without using all of the services of a licensed REALTOR®, but that alone will not help sellers sell their homes and will actually give sellers a false sense of confidence which in turn can hurt them.
Sellers will only save money if they actually sell their home and simple access to the MLS® will not do this. There are plenty of options for sellers to do it themselves and the Competition Bureau has only succeeded in providing one more. By giving sellers the false confidence of easy MLS® access, many will opt to not use a REALTOR® and by doing so lose the information and experience sellers need to position themselves within the MLS System®.
Sellers want good information and the good advice that a REALTOR® provides, they just don't want to have to be forced to pay as much as they have been to get it. These changes may bring fees down but in the end the fight to the bottom could be harmful and ugly to the consumer and may also harm the integrity of the MLS System®.
So the Competition Bureau, by not taking the time to understand our industry and listen to what consumers really want, have failed to address the real issue which is competition within the industry itself. By removing the "Pillar of Remuneration", companies like SellerInvite.comTM wouldn't have to face resistance from within our own industry, and sellers who use our services would have low cost access to the MLS® along with professional advice and guidance and ultimately a better chance of selling without the fear of other REALTORS® prejudicing their home.
SellerInvite.com® has been offering full service and reduced fees since July of 2008 and has been in the top 5% of all MLS® team sales in both 2008 and 2009 in the Edmonton region.
SellerInvite.comTM currently offers three fee based packages which includes a $999 single fee access to the MLS System®.
SellerInvite.comTM has always given sellers the freedom of selling by owner and the freedom to choose what fee they want to offer the cooperating brokerage.
Rod Thompson is the Founder of SellerInvite.comTM and a licensed Broker in the province of Alberta and would like the opportunity to discuss with you the recent changes to the MLS System®.
For further information: For further information:
Rod can be reached for an interview at (780) 994-9998.
Share this article