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Buying real estate in Toronto and finding an agent can save a lot of time and energy. Real estate agents will help solve processes or procedures that are not familiar with the Toronto housing market. You definitely have to pay for a real estate agent, so you need to include it in your budget.
Looking for an intermediary mainly starts from these aspects:
1. What kind of intermediary and charging method?
2. What are the services provided by real estate agents?
3. What are the advantages and disadvantages of the intermediary you are looking for?
4. What is the channel to find an intermediary?
Real Estate Broker, Real Estate Agent and Realtor are the three main types of real estate agents in Toronto. You can go to the official website to learn more about them. The charging method of overseas intermediaries is mainly based on the proportion of the house price, which is generally 5% of the total house price, which is bought by the seller. Overseas real estate agents provide more services, including helping to bargain, recommending suitable lending institutions, recommending better real estate lawyers, helping to check the quality of real estate, valuing the properties purchased, and so on.
Many people do not know the relevant expenses other than the house price when they buy a house overseas. The real estate agent will make a detailed budget for you in this respect, and the handling fees, taxes, sundries, service fees and so on in the process of real estate transactions will be included. There are many real estate intermediary companies, each has its own advantages and disadvantages, in the choice can be as far as possible to meet their own needs. Overseas real estate agents can help deal with documents, help communicate and negotiate with the opposite party in English, and explain the specific situation of the real estate market in Toronto in detail. Of course, there are drawbacks, all the services provided have to pay the relevant fees.