Write For Us

Could Canadian Realtors' commission structure change after US lawsuit?

Sponsored Post Vitamin D2 Canada Persia
16 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
A landmark court settlement in the U.S. regarding the standard six per cent commission for Realtors, and a similar suit in Canada, could lead to major changes when buying and selling homes.

The rule changes, which are set to take effect in mid-July, represent a major change to the way real estate agents have operated going back to the 1990s, and could potentially lead to homebuyers and sellers negotiating lower agent commissions.

As the spring housing market heats up, a Toronto law firm is hoping to see similar changes come to Canada.
Global's Catherine Urquhart reports.

For more info, please go to https://globalnews.ca/news/10384927/realtor-commission-lawsuit-canada/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #realestate #housingmarket
Category
U.S. & Canada
Tags
global news, Court settlement, six per cent commission
Sign in or sign up to post comments.
Be the first to comment