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How the Internet is Working Wonders for "For Sale By Owner" Canadians

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




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