Pasadena Home Values

Canadian housing agents are unimpressed with the proposed changes, meaning suggested deregulation within the housing market. The survey by Royal LePage Real Estate Services saw the general consensus of those who took part, against these amendments proposed by MLS.

Which of the MLS should be dealt with by accredited specialists and which shouldn’t, is the the debate which worries professional housing agents. While agents normally welcome competition, 85.9% believe that that ‘the push to foster increased competition in my industry will result in lower customer service standards,’ due to potential entrance of amateur service providers, who wouldn’t be able to offer the fundamental safeguards to protect consumers. The market is already highly competitive according to most agents, with less than 2% stating there was no competition, within the housing brokerage climate.

The survey also tried to find in what way real estate specialists help buyers and sellers in completing their transactions. There were many options given, but the essential three items were: Optimizing and protecting client’s monetary well-being, carrying out the transaction in a timely manner and providing the full package of brokerage services. From the results we can see that most realtors have or have in the past helped a customer avoid financial problems, with less than 1% saying they haven’t. “This financial support is given frequently” stated over half of the realtors, though 37.1% said they gave this support often. When looking at the market side of their obligations, the survey showed that professionals were active in this area. Some of the ways professionals market real estate are through MLS Toronto, open home, websites including their own and advertising properties locally.

Membership of Royal LePage for an average of 15 years was a frequent answer when professionals were directed to answer questions on professional development, along with visiting formal courses and seminars up to four times per year.

This survey was Internet based in April 2010, the full details can be found on the Royal LePage Real Estate Advisors website.

Housing Agents in Canada are not in favour of the rules governing the housing market being removed or simplified Although MLS has proposed modifications to try and improve the real estate industry, a recent poll has shown that most of those surveyed are against it.

There are many seperate types of listings within MLS and the concern surrounds which of those listings should mainly be dealt with by accredited professionals. Over three quarters of those who expressed their concerns, were disturbed by the fact that by not regulating listings, the service and safeguards to customers could fall dramatically. Deregulation will open the market to more competition, but the majority of agents think the market is already extremely competitive with very few only seeing it as only competitive and even less seeing it as not competitive.

The survey also tried to discover in what way real estate professionals help buyers and sellers in completing their transactions. When a client is looking to buy or sell a house, the majority of professionals gave the following as their main considerations: Optimizing and protecting client’s monetary well-being, carrying out the transaction in a timely manner and providing the full package of brokerage services. Over 99% of those realtors polled, said that they had helped their clients avoid the financial pitfalls with buying and selling a property. More than half of those polled helped clients very often, with just over 37% saying they helped often. When looking at the market side of their obligations, the survey showed that agents were active in this area. Over three quarters of those agents said they often used methods including MLS Toronto, conducting an open home, websites and local advertising.

Lastly, the question about experience and continued education revealed that agents have been members of Royal LePage for 15.5 years on average and almost 90% of them participate on formal conferences, seminars or courses one to four times a year.

This survey was web based in April 2010, the full details can be read on the Royal LePage Real Estate Advisors website.