subject: Suggested Modifications to MLS [print this page] Realtors in Canada are not in favour of the rules governing the housing market being removed or deregulated Even though MLS has proposed amendments 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 only be dealt with by accredited professionals. The general belief amongst agents is that customer service and safeguards set up to protect a customer, are going to fall if there is an influx of amateur service providers. Housing professionals contradict the findings that the real estate brokerage market in Canada is not competitive: 76.1% see it as highly competitive and further 19.2% as competitive.
Services provided by professionals to support the buying and selling of homes was also included. There were many answers given, but the main three things were: Providing a full brokerage service, avoiding needless delays and taking care the consumer's financial welfare. Only 0.6% of polled agents said, they never helped a client avoid financial or transactional mistakes. Over half of those who took part 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 realtors were progressive in this area. Some of the ways realtors market real estate are through MLS Toronto, open house, websites including their own and advertising properties locally.
Professional development was the final area covered with this survey, it was found that nearly all the agents (90%) attended some kind of formal seminar or course, at least four times a year and that most realtors were members of professional bodies.
The Royal LePage Real Estate Advisors Survey was administered online in April 2010 and can be read on the official website.
