| Canadians Are Taking Control! | | | | banking than Americans. The Minister of Nation |
| For Sale By Owner (FSBO) families are saving literally | | | | Revenue - John McCallum states that over 11 million |
| thousands of dollars in real estate commissions when | | | | Canadians filed their tax on line in 2004. Just under 1 |
| they decide to list their own homes (ie: FSBO), | | | | 3 of the Canadian population. Internet buyers, who |
| statistics show that it's probably one of the best | | | | comprised only 28% of the market in 2000, |
| ways to go. | | | | accounted for 45% of the market in 2002 and may |
| | | | now be in the majority! 78% of home buyers search |
| As Canadian home sales and prices shatter records, | | | | the Internet before inking up a deal in 2003. That is |
| some consumers are wondering why they are paying | | | | up from 41% in 2001. |
| the traditional commission. Clients in sizzling markets, | | | | |
| are asking whether Canadian real estate brokers | | | | Canadians have come to realize that they cannot |
| should earn twice as much, in dollar terms, on a sale | | | | continue to throw their equity out the window by |
| as they did five years ago for the same job. | | | | giving thousands of their hard earned dollars to |
| The fact is that web-surfing home buyers are | | | | agents. For a majority of Canadian citizens their |
| changing how Canadians are buying real estate, and | | | | homes are their families largest assets Simply put |
| changing the real estate industry. With a flood of | | | | "For Sale By Owners" AKA "FSBO" are making great |
| information Canadians are becoming much more | | | | money managing decisions, It puts you in control of |
| studious in their real estate buying techniques and | | | | one of your largest assets, and Its where the real |
| starting to chip away at the 6% commissions that | | | | estate market is going with today's technology. |
| Canadian real estate brokers collect off of each | | | | |
| home Is the Internet really that "BIG" in Canada? | | | | Here are a few more reasons "FSBO" Makes |
| | | | Sense!SAVINGS BASED ON 6% COMMISSION |
| In the big picture, world Internet users will top 1 | | | | |
| billion in 2005. In Canada, Internet users reached | | | | $50,000 ~ $3000.00 |
| 20,450,000 October of 2004. Doesn't sound like | | | | $100,000.00 ~ $6000.00 |
| much? Keep in mind that Canada's total population is | | | | $150,000.00 ~ $9000.00 |
| only (32,040,292 ) Chief executive officer of AOL | | | | $300,000.00 ~ $18,000.00 |
| Canada INC - Steve Bartkey stated that twice as | | | | $500,000.00 ~ $30,000. |
| many Canadians use the Internet to do their online | | | | |