yeah, i remember when i did the math, flat fee anthony ends up costing you the standard 1-2% on a property worth 300k. his service would only make sense if you were selling properties worth 500k or more.
Do you mean 1% of 300k is much less than 500k, so for 300k, alternative methods such as private selling should be more strongly considered? I agree with that.
But his fees are tailored to be a little less than 1%, which is below other agents, so whether your property was 300k, 500k, or 2 million, his fee is still less than that of other agents.
Whether you use flat fee anthony or not, please read the conditions
. There are agents who do it for .25%, but they require you to sign a buyer's agency agreement (meaning, you have to buy with them). Most agents advertising the standard 1% require the buyer agency agreement to get that rate, so it is not standard. There are also agents who do it for $500, but it is paid upfront whether you find a buyer, and it just gives you an MLS listing. Essentially, you are paying for an MLS listing.
Anthony has none of these conditions. If your house doesn't sell, you don't pay, and he doesn't make you sign a buyer agreement. That's really where he differs.
i've stumbled into a few sites that are based off of the US and claim to be able to list in Ontario but not sure if it legit though.
Not applicable unless they have a license in Ontario. Flat fee or discount realty services are nothing new. All the talk about the recent ruling is chest-pounding. Consider that company "flat fee realty" - they've been offering as low as 2.75% (with buyer agreement) for a while now, so the argument that CREA was stifling discount brokerages, is absolutely false. What the guy was really after was free access to the MLS, which what he did at the time was illegal. I wouldn't be surprised that a lot of the big US guys were backing his legal campaign and positive media spin, to gain access to the Canadian market.
As far as I know, the US sites don't apply to Canada. They may offer realty services, but the MLS listing is usually excluded, making them no different from other for-sale-by-owner's. Check flatfeeanthony.com or flatfeerealty, or even right-at-home