Categorized | Residential

A Merger Generates Cut off Real Estate Opportunities

A Merger Generates Cut off Real Estate Opportunities
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A merger between Moncton, N.B.-based PropertyGuys.com and Toronto based Realty sellers Real Estate Inc. to be announced on Thursday, has brought that Canadian real estate market an opportunity to grow and is offering cheaper rates on real estate to meet population demands.

Both the aforementioned companies have combined forces to bring a thespian and incredible change to Canada`s housing real estate souk through a market offering of unparalleled options and originality combined with novelty to consumers. This merger has given rise to an opportunity where people can buy and sell their homes with ease and convenience.

Property Guys are the biggest and ever-increasing sale franchise privately owned that list and sell off their real estate without any broker. Realty sellers are notorious for their squat commissions and bad fees. These two, when combined, will craft a company that vows to establish a company that can rule the real estate industry. According to Lawrence Dale, president and CEO of Realty sellers, “We now have the size, sophistication and financial muscle to fundamentally change the way Canadians can buy and sell a home.” The residential real estate prices have, practically, multiplied in the past ten years yet conventional commissions have jammed at a five percent blotch.

The main goal of this partnership is to help break the tradition of increasing fees for real estate brokers since they would be channeling themselves and at the same time to provide a cost competitive choice for Canadian customers where both companies would be working under their own brands, amalgamating in their own respective resources.

 

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About Drew Wilson

Drew focuses on the Commercial and Mortgage/Finance categories.

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