A real estate agent in Brampton argues that agents prioritize commissions over clients, pushing homes above asking price. He claims a townhouse listed at $1 million is actually worth $600-700k, and warns that inexperienced agents with one big commission check lack the expertise to guide buyers honestly.
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I will not agree with any of the real estate agents out there. 100% there for the commissions. They will try to push the sales because it's for them is the commission. When you see sold over asking price, some of these real estate agents, they make competitions amongst themselves. They inflate the value. If you look at today's market, the realistic value of the properties here in Brampton is the regular townhomes are selling for $1 million. What is the actual value of these homes is nothing more than $600,000 to $700,000. The agents They give wrong advice. A lot of the new agents, they have this— this came in the market, they have no experience at all. They just get the license and they do one sale. They see this chunk of money coming to them, $10,000, $20,000 in commission. They think this is the business for them.