Real Estate

If Realtor should disclose sold data to the public...

  • Last Updated:
  • Jun 22nd, 2018 11:21 pm
[OP]
Member
May 13, 2015
256 posts
254 upvotes
Manotick, ON

If Realtor should disclose sold data to the public...

Why aren't car Out The Road OTR prices by dealerships disclosed?
or
Furniture prices by furniture stores
or
Any product/service where the price is negotiated?
or
Home Renovation projects?
4 replies
Deal Addict
Dec 23, 2010
1897 posts
934 upvotes
Moon
Fully support disclosure of all of those. Need new legislation.
Deal Addict
Jan 15, 2010
1514 posts
1873 upvotes
Toronto
Most products have a tangible MSRP. And the product can be sold above or below that depending on what the market dictates.

Real estate is much more convoluted and there is no real baseline price a buyer can use aside from comparables. Buyers are basically bidding in the dark, which gives all the advantages to the seller.
Member
Feb 13, 2018
495 posts
539 upvotes
Realtors will disclose all those information to their clients anyways..... privacy is not a concern then when they get paid... just when non-relators try to do the same.. now it's huge privacy issue. Greed.
Deal Addict
User avatar
Dec 13, 2016
4325 posts
3848 upvotes
It should be a public knowledge how many of you RFD Cheap Charlies are paying for your cell phone monthly plans.

It should be disclosed how much RFD parents are paying for kindergarden.

Of course, every one of the RFD millionaires, bitcoin champions and stock market gurus that didn't purchase real estate hoping for a crash should disclose how much money they made and what their net worth is.

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