Is this the beginning of the end for realtors?
#16
I cannot think of any situation where someone is forced to use a lawyer other than to extricate themselves from a deal that has gone wrong due to the fact they did it themselves

#17
No they don't, they can represent themselves in any legal proceedings, they can draft their own wills and draft their own contracts. If they don't wish to use a lawyer when buying selling a house, they can do so.
I cannot think of any situation where someone is forced to use a lawyer other than to extricate themselves from a deal that has gone wrong due to the fact they did it themselves

I cannot think of any situation where someone is forced to use a lawyer other than to extricate themselves from a deal that has gone wrong due to the fact they did it themselves


#18
No they don't, they can represent themselves in any legal proceedings, they can draft their own wills and draft their own contracts. If they don't wish to use a lawyer when buying selling a house, they can do so.
I cannot think of any situation where someone is forced to use a lawyer other than to extricate themselves from a deal that has gone wrong due to the fact they did it themselves

I cannot think of any situation where someone is forced to use a lawyer other than to extricate themselves from a deal that has gone wrong due to the fact they did it themselves


#19
There is not. The realtor drafts the contract, not the lawyer. In Alberta at least, the lawyer prepares the mortgage for the lender, gets the clients to sign the mortgage and arranges for the transfer of title.
By the time it gets to the lawyer, the deal is already done. Of course, the lawyer then has to explain to the client why the contract is adverse to their interests and that they are stuck with it, but that is a whole different thread
#20
Out of interest, what software is required? Surely it is just a form that needs to be completed and one could obtain that from the appropriate Land Titles Office?
This link suggests that the software enables one to file documents online, that one only used to be able to file at an office. I suspect that "in person" filing is still allowed, therefore individuals can do so. The website also suggests that any business can purchase the software, although it would be expensive for a single transaction.
Last edited by Almost Canadian; Mar 23rd 2010 at 4:45 am.
#21
OK, that is not the case in Alberta and I find it hard to believe that it is the case in Ontario either. I defer to your greater knowledge though.
Out of interest, what software is required? Surely it is just a form that needs to be completed and one could obtain that from the appropriate Land Titles Office?
Out of interest, what software is required? Surely it is just a form that needs to be completed and one could obtain that from the appropriate Land Titles Office?
The long and the short of it was that the software cost hundreds of dollars and Jane Harvey's discount legal chain would do the job for eight hundred so I paid them rather than pursue the matter to the bitter end. In the light of experience I should have pressed the ministry rather than going to the Pound Shop of legal practices but that's another can of worms.
#24
No they don't, they can represent themselves in any legal proceedings, they can draft their own wills and draft their own contracts. If they don't wish to use a lawyer when buying selling a house, they can do so.
I cannot think of any situation where someone is forced to use a lawyer other than to extricate themselves from a deal that has gone wrong due to the fact they did it themselves

I cannot think of any situation where someone is forced to use a lawyer other than to extricate themselves from a deal that has gone wrong due to the fact they did it themselves


If people have a choice and they decide to use a realtor/lawyer (or mechanic/accountant/financial planner etc) for the added service they provide, then that is the free market at work. It seems unfair to single out a particluar profession.
#25
So what you are saying then is people can choose whether or not they want the service that a lawyer can give them in the same way that someone can choose if they want to use a realtor.
If people have a choice and they decide to use a realtor/lawyer (or mechanic/accountant/financial planner etc) for the added service they provide, then that is the free market at work. It seems unfair to single out a particluar profession.
If people have a choice and they decide to use a realtor/lawyer (or mechanic/accountant/financial planner etc) for the added service they provide, then that is the free market at work. It seems unfair to single out a particluar profession.
I believe that clients would benefit from more competition in the lawyers' profession and in the "profession" of realtors.
I didn't say that the free market isn't presently at work. I posed a question. I didn't suggest that realtors do anything wrong or underhand, nor did I state that people shouldn't use them. If people wish to give up their money to such people, that is a matter for them.
You haven't explained to us how people are forced to use a lawyer.
Last edited by Almost Canadian; Mar 23rd 2010 at 6:01 am.
#26










Joined: Aug 2005
Posts: 14,227











So what you are saying then is people can choose whether or not they want the service that a lawyer can give them in the same way that someone can choose if they want to use a realtor.
If people have a choice and they decide to use a realtor/lawyer (or mechanic/accountant/financial planner etc) for the added service they provide, then that is the free market at work. It seems unfair to single out a particluar profession.
If people have a choice and they decide to use a realtor/lawyer (or mechanic/accountant/financial planner etc) for the added service they provide, then that is the free market at work. It seems unfair to single out a particluar profession.
#28
I agree, but one could argue that by not using a realtor and only looking at sites such as welist etc, one doesn't have to use a realtor. I accept that the inventory is severely limited though!
#29










Joined: Aug 2005
Posts: 14,227











#30
Binned by Muderators










Joined: Jul 2007
Posts: 11,708
From: White Rock BC











I think what it boils down to is the fact that most people consider fees of 5% to 7% excessive and unjustified. There is not even a break on the more expensive homes. Even the UK fees are within a range of 1 to 3 %. Okay, the agents probably do a bit more here but I am sure many people would only be pleased to show their own homes for a lesser fee if they could.



