OFFPLAN NEWS

(05.07.2007 )
Property Canada Property in Canada increasingly being sold privately by owner

Selling property in Canada privately or For Sale by Owner (FSBO) is becoming increasingly popular in Canada. Removing the real estate agents from the sale is saving Canadian home owners thousands in commission fees.
 
The Real Estate Journal reports 18 per cent of sellers use the For Sale By Owner method. One Canadian for sale by owner web site called Propertysold.ca was developed in 2004 and today counts nearly 400 active listings across Canada attracting some 3300 visitors daily. 

Property Sold President Michael Lawrence ‘Thus far in 2006 we have saved our clients roughly $1.3 million in real estate agent commissions,” The buzz of “For Sale By Owner” as a keyword is definitely a growing phenomenon both among the masses and the media,” he notes. “As more people are successful selling our industry stands to grow since we are really about saving people money.”

Canadian real estate fees
Real estate fees in Canada are generally set at five to seven per cent of the sales price, and for many homeowners, the prospect of keeping an additional $10-15,000 in pocket is well-worth taking on the role of seller.

News by Country

»(05.07.2007 ) Property in Canada Canada Property
The Canadian real estate market is quite an established and traditional market rather then an emerging market.... » find out more

»(05.07.2007 ) Property in Canada Canada for Real Estate Investors
Real estate Canada investors attracted to Canada have a wide range of property types, investment areas and budgetary options available to them with extremes of property prices achievable country wide from highly pricey in the main towns of Toron... » find out more

»(05.07.2007 ) Property Canada Property in Canada increasingly being sold privately by owner
Selling property in Canada privately or For Sale by Owner (FSBO) is becoming increasingly popular in Canada.... » find out more

»(05.07.2007 ) Canada property Canada Real Estate Investment
The Canadian real estate market is not considered to be an emerging market; rather it is a traditional and well established sector where investor returns are generally cyclical and are a direct reflection of the underlying economic growth trends... » find out more

»(05.07.2007 ) Canadian properties Canadian Market: Solid as a rock
Over the last few years, while investors have been gunning for potential big returns in the emerging markets, rentals property in Canada has been quietly going about its business of providing stead annual gains.... » find out more

»(05.07.2007 ) Canadian property Canada: Bob-Lo Island Marina Resort wins Grand SAM Award
Bob-Lo Island, A Marina Resort Community developed by Amico Properties for sale Canada, has reached the pinnacle of achievement in the Canadian residential construction industry by winning the Grand SAM Award at the Canadian Home Builders' Assoc... » find out more

»(05.07.2007 ) Canadian real estate Real Estate in Canada: Record Growth
As reported by Amberlamb last month in our article ‘It’s Calgary versus Toronto for Property Canada Investors’, house prices in Calgary in Canada have been surging ahead and pushing up the national average. ... » find out more

»(05.07.2007 ) Canada real estate Canada property continues to look healthy
The Canadian property market is currently in high demand, particularly in the west of the country, according to a major real estate company. ... » find out more

»(05.07.2007 ) Real estate in Canada Canadian residential real estate mirrors SA
If you invested in a property rentals Canada unit in Toronto, Canada, you can expect an income return of about 4% in the first year, assuming the investment is not financed. ... » find out more

»(05.07.2007 ) Real estate Canada Canadian Real Estate Purchase Process
As one might expect from a country as sophisticated and well regulated as Canada the Canada real estate purchase process is straightforward and well documented and both the vendor and purchaser’s rights are legally protected.... » find out more