Search MLS Properties and Current Listings in Toronto Mississauga and the GTA

Click the Search Button just below your search criteria (or drag the map to area you want to search) to view current properties within the map. Then you can move the map to any location you want to search to see current MLS listings. (See More Search Options below map)


You can search all current MLS Property listings anywhere in the GTA at this page.

You have a few options to choose from:

  • You may fill in the Location, Class (Freehold such as Detached or Freehold Townhome or Condo or Commercial property), Your Price Range, Type etc. to narrow your search and then press the Search Button. If your criteria is too general TREB will respond with “Too many listings were returned by your search. Please narrow your criteria or zoom in.” and this means you have more than 100 listings available. In this case, you need to either narrow your search criteria or zoom in to a smaller area on the map so you will retrieve less than 100 listings at one time.You may also use the map and press the Magnifier to zoom in on an area you want to see the current listings.
  • You can drag around the map and also use your scroll wheel on your mouse to zoom in and out of the map.
  • Also, using the map, you can double click anywhere on the map to zoom in. If you hold the Ctrl key at the same time as you click you will zoom out.
  • Email me and I’ll help narrow down the search results and the exact area you are searching.

This page will allow you to Search MLS Properties and Current TREB Listings in Toronto Mississauga and anywhere in the entire GTA as of Tuesday, July 25th, 2017

Buying a Home

Buying a home in Mississauga & Oakville – Condos, Townhomes and Relocation

Click here if you are thinking of Buying a home in the future



You have found the first page of many pages and articles that will explain the entire buying process to you in detail.

In the pages that follow I will explain to you the costs of buying a home, the complete buying process, the emotional issues of home ownership you will face, explain buyer agency, how to use your RSP’s when you purchase, show you many mortgage calculators, school considerations, best time of year to buy your next home, secrets and insight into buying your next home and more.  Or, maybe you are ready to begin your home search now

Quick Links when Buying a home in Mississauga?

Price Trends and General Real Estate Information


Excellent, I am ready to begin my home search

You will learn all about ‘buyer agency‘ by following the link below.

 

  • All this free and from the comfort of your own computer.  You can print out any page for reference later or bookmark major sections of this website at any time.
  • You may wish to sign up for my monthly newsletter, or fill out this handy online buyers form which will allow me to help you better.
  • I wish you much success with your purchase and will work hard to provide you all the information so you can make the best decision for yourself.

        

Let’s begin.

This page is the first step in the buying process.Next Step when
Buying a home
Next Step in Mark Argentino's Selling Process

 

REMAX Mississauga Real Estate NewsletterReal Estate Market Watch Newsletter

Why Subscribe?  You will receive valuable Real Estate information on a monthly basis – such as: where to find the ‘best’ mortgage interest rates, Power of Sale properties and graphs of current house price trends.  Plus, you will pick up ideas, suggestions and excellent real estate advice when you sell or buy your next home. Read Past Newsletters before you decide  Privacy-Policy


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Mississauga
MLS Real Estate Properties & MLS.CA Homes for Sale
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All Pages including Mississauga Real Estate Blog all maintained by mark@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434  First created – Tuesday, July 16th, 1996 at 3:48:41 PM – Last update of this page: Tuesday, July 25th, 2017

At this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Credit Mills and or Meadowvale ) Ontario, Canada Real Estate Property Internet web site you will find relevant information to help you and your family.

| Complimentary & Quick Over The Internet Home Evaluation |
Top of Page - Mississauga homes for sale, properties for sale and valuable information regarding the City of Mississauga, Ontario

Commission Rates

Real Estate Commission Rates and the Truth


This page will explain residential real estate commission rates in our trading area of the GTA.  It will explain the difference between the listing brokerage commission, the selling brokerage commission and the total commission.  I will also explain about whether commission rates are negotiable, cut rate commissions and a few examples of how commission rates could affect your sale price.

Real estate commissions in the GTA are generally set as a percentage of the sale price of the property.  There is no fixed commission rate or set rate and it is not legal to fix the rate, but it appears that the total commission rates charged are typically in the range of 3.0% to 3.5% and up to about 5% or higher – this is the most common amount.  Typically this total commission is divided  50/50 between the listing and selling broker but you must take into account the fact that the selling broker typically receives 2 to 2.5% and the balance is paid to the listing brokerage (more on this below).  Of course these amounts vary widely and there are many exceptions to “the norm”.  As with any commission based businesses, the level of service you receive can or may vary depending upon the commission rate, so you must do your research before choosing your listing brokerage.

You will see some Agents advertise “maximum 2.5%” or “all this for 2.5%” or “2.5% commission paid” or sometimes you will see signs that show “1% commission”.  I’ve even seen some agents advertising “0% commission”, “0.1% commission” etc.  Can you really believe these claims?  Often these claims are only “a half truth” as they are only referring to one half of the commission, specifically, the listing side of the commission.  There is also the selling side of the commission for you to consider and pay in a real estate transaction of this type.  The reality is this.  You must read the fine print of the advertisement very carefully and consider the services you will receive in lieu of a lower commission rate.  These ads can be somewhat confusing at times, so please do your due diligence before signing any listing agreement.

The facts are this: There are two sides to the real estate commission, the portion that the listing agent charges you (the listing agent is the one who puts the sign on your property and represents your interests as the seller) and the portion paid to the selling agent (the selling agent is the one who brings the offer on your home and represents the buyer).

In our trading area, you will often see on most MLS listings that 2.0% to 2.5% is ‘normally’ paid to the selling agent.  This amount is not fixed and can vary from 0% and up.  Sometimes the amount paid to the selling agent is greater than 2.5% and this is often seen as an incentive for that selling agent to show and sell that particular property and receive a slightly higher commission than they would otherwise receive by selling a property that offers 2.5% or lower.  There is also the listing agent commission of 2.5% (which can vary greatly) that can be paid to the listing brokerage, which would make your total commission payable, as the seller, of 5%.  This is the bottom line truth regarding commission rates in some of our Mississauga, Toronto and GTA residential real estate transactions in our trading area.

I say “normally” or “some transactions”, because these figures can and do vary widely.  There is flexibility in the 2.5% figure and I am referring to my immediate trading area and my experiences – other areas of the GTA may be different.  The commission rate is never carved in stone and is always negotiable.

Some companies offer discounts and try to be a Full Service Discount Real Estate Broker at the same time – how can that be?  Read the Ads very carefully and ask for all the details in writing before you sign anything.  Some companies can and do offer a discounted commission rate and are full service, but others are not, so you must do your research before choosing your listing brokerage.  Are Commissions Negotiable?  Click here to find out.  Back to my guarantees when selling

There are some companies in the Mississauga and GTA trading area that do offer full service at a discounted commission rate and they are full service real estate companies that offer you an alternative choice of brokerage in our marketplace, but there are others that do not, so be careful and do your research when choosing your brokerage.

My personal philosophy in real estate and for any transaction in general is this:

“The long-term pain of receiving poor service and selling your home for a lower price than it should have originally sold for, will last much longer than the short-term gain of a small savings in the commission rate.”  Think about it.

all my marketing for 2.5%

Mark’s Guarantee is this – 2.5% commission paid to selling broker on all transactions and MLS listings

PLUS, you get

All My Marketing, Experience and Internet Exposure for 2.5%, read my marketing package 2.5% commission rate (paid to selling broker)

Are Commissions Negotiable?

In most GTA and Mississauga areas the commission is a percentage of the sale price that is charged for full MLS services.  Usually, in our trading area, it is about three or four or five to six percent of the final sale price.  In some areas it can be as high as seven percent.  However, just like anything else in real estate, the commission amount is always negotiable and it can be far lower than 5%.

When completing the listing agreement, we can discuss and come to an agreement on the amount of the total real estate commission depending upon the services that you require.  It is also important to note that different commission rates, fees and listing and marketing services may be offered by other RE/MAX Franchisees and Sales Associates in Canada.

Cut-Rate Listing Commissions

With the advent of the web, some agents are offering “cut-rate” commissions.  Sometimes, lower commission rates equate to a different level of service by your listing agent, but this is not always the case.  There are some companies in the Mississauga trading area that do offer full service real estate at discounted commission rates.

There are a few discount Brokers that offer different levels of service for a lower fee or there are companies that charge a ‘typically normal’ commission and perform the functions of a Full Service Discount Real Estate Broker.

There are also companies that offer full service for a discounted price, so there is plenty of choice out there for you.  You must research brokerages and feel comfortable with the brokerage, the agent representing the brokerage and the fees charged.

If you want an agent who will actively promote your property to other agents, spend time and money on marketing and extensively promoting your property, who has made a long term commitment on the internet and marketing your property locally, then you you will receive that from me.

Another common practice when you see an advertisement for a reduced commission is that the compensation is lowered only when you agree to buy your next home through the same agent or broker (maybe you want or have already purchased a new home) or you must buy one of their own listings (less choice for you) or the listing broker must list and also sell your home to a buyer themselves (not too frequent) or you must take out a new mortgage with the lender that the agent refers you to (this usually means: higher interest rate to compensate for cash back) or else no discounts apply.  Be careful and read all the fine print.

Sometimes, the reduced commission is not really being offered on the sale of your existing home but on the purchase of your next one.  Check the marketing claim carefully, the advertisements are often unclear or vague regarding these items.  Always ask for the reduced commission rate in writing and signed by the listing agent.

You may also see ads that proclaim ‘maximum 2.5% commission‘, and again, reading the fine print of the ad is advisable, you will see that this is usually only one half of the total commission that is being charged, so in reality there is no discount on the commission at all!  Again, be careful and read the fine print and look for those nasty asterisk marks **

Another ‘real life’ example

I’ve had some clients decide to list their home with another agent because that agent offered them 1% less than what I was charging.  What I have found is yes, commission is important, but your bottom line can be more important by a factor of 10! 

For example, if your listing agent does not aggressively market and promote your property to the agents and public, support your price and position and negotiate solely on your behalf to receive the best possible price and terms it could easily impact your eventual sale price by $10,000 or $20,000 or more!  This is the truth and these numbers impact you far more than the total commission.

Generally, the Real Estate marketplace in Mississauga is very competitive and this means that commission rates are highly negotiable. 

What I have found during my 30+ years in the business is that my persistence in fighting for the best possible price and terms for you (my seller) far exceeds a half of a percent reduction on the commission rate.

 

 

This is a real life example of a listing in Erin Mills. 

Recently a seller who was choosing between myself and another agent, chose the other agent because the agent gave them a 4.5% total commission rate.  The seller had to reduce his asking price from $279,900 to $264,900 mostly because the marketing by the other agent and support of the sellers price was not there.  The behind the scenes negotiations were not taken care of with much skill or with any consideration for the seller’s position.  Thus, the seller listed their home with another agent, rather than me, to receive a “perceived” savings of about $2000.  Meanwhile the seller’s were forced to reduce the price of their property and have just lost $15,000!   It is the behind the scenes conversations that is one of the ‘secrets’ in maximizing your price, read more about it here.

With all of this said, there are often situations where I will reduce the commission once we are dealing with an offer.  When we have an offer on the table and we are very close in price, then certainly I can make a business decision and reduce my commission if the purchaser or you can’t move anymore on price and if a reduction in my commission will help to make the sale.

As well, we can list on the MLS at 5% but if I list and sell your home myself (which is quite possible given my expert marketing and promotion) I guarantee will reduce the total commission.  Does this sound fair to you?

Bottom line is this. If we list at 5% or even 4.5% I can be flexible if you get into a situation where you are squeezed or if the situation warrants it.  As discussed above, I will make a “business decision” and help you sell if we are very close in price.

 

This information is copyrighted by Mark Argentino and is for the sole and exclusive use by only Mark and his clients.  Other real estate agents are warned that they may not use any of the information contained on this page or any other pages on this website.  Thank you for your understanding!

 

Conclusion

When you see an advertisement or an offer for a lower commission, you should carefully analyze what you are giving up by accepting such an offer.  All the details will probably not be readily apparent in the advertisement and you will have to investigate further and dig deeper to get the truth.

Remember this truth in life “you can’t get something for nothing” and lower commission rates may indicate a lower level of service, but certainly this is not always the case – they may just want your business at any cost.  I’ve found that it’s most important that the brokerage and the agent representing that brokerage is most critical when it comes to selling your home, so do your research.  Some marketing services may not be offered for the largest sale of anything you will ever own in your lifetime.  So you must ask yourself the question, is it really worth it?  Just make sure to do your research and due diligence before you sign an MLS listing agreement.

Be sure to ask plenty of questions before you sign anything.  You may seek clarification or confirmation of any representations other agents make to you by contacting me at any time, email me now if you have a question about commissions.

If you have a complaint about an advertisement, flyer or billboard you have recently seen that you feel is false and misleading, then you can easily do something about it.  RECO (Real Estate Council of Ontario) handles complaints and any complaints from the public are taken extremely seriously and are acted upon to a final result.  You may go to the RECO website to see how easy it is to register a complaint.


In this real estate web site you will find information on 2.5% commission rates in Mississauga, Ontario by A. Mark Argentino.  You will also find details about Real Estate listings and homes for sale, virtual tours, homes for sale, secrets to ask agent Realtor, Mississauga, Oakville, Toronto, buying, selling and more in Mississauga.

Whether you are buying or selling
I PROMISE to be Professional, Reliable & Enthusiastic!

A. Mark Argentino!
P.Eng. Broker
(905) 828-3434 Email Mark regarding homes and properties for sale in Mississauga, Oakville, Toronto and surrounding areas : Thank you! Mark Argentino of RE/MAX welcomes your inquiry.

You may now go to the first step of the selling process and read all the steps when selling your home

Next Step in the Process Next Step in Selling Process

or you may be ready for an over the internet evaluation


REMAX Mississauga Real Estate NewsletterReal Estate Market Watch Newsletter

Why Subscribe?  You will receive valuable Real Estate information on a monthly basis – such as: where to find the ‘best’ mortgage interest rates, Power of Sale properties and graphs of current house price trends.  Plus, you will pick up ideas, suggestions and excellent real estate advice when you sell or buy your next home. Read Past Newsletters before you decide  Privacy-Policy

Your e-mail:

Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale  | All Pages including Mississauga Real Estate Blog all maintained by mark@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434  First created – Tuesday, July 16th, 1996 at 3:48:41 PM – Last update of this page: Tuesday, July 25th, 2017 At this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Credit Mills and or Meadowvale ) Ontario, Canada Real Estate Property Internet web site you will find relevant information to help you and your family.

| Complimentary & Quick Over The Internet Home Evaluation |
Top of Page - Mississauga homes for sale, properties for sale and valuable information regarding the City of Mississauga, Ontario

Power of Sales – Foreclosures – Bank Sales in Mississauga and GTA

You have found the sign-up page to automatically receive MLS Listings of Power of Sales, Foreclosures and Bank Sales Alert, POS Properties for Mississauga, Toronto, Etobicoke, Oakville, Brampton and other areas north and west of the GTA as they are listed on the TREB MLS system

Would you like to automatically receive new MLS listings of residential Power of Sales or Bank sales or Foreclosures in the entire GTA, including Mississauga, Toronto, Milton, Oakville, Newmarket, Vaughan, Markham, Brampton and Etobicoke areas areas?  This would include new power of sale and bank sale listings as they are added to the TREB MLS database system by RE/MAX Realty Specialists Inc. and other brokerages.  You may fill in the fields below and click the Subscribe button below.  What is a power of sale property? POS disclaimer
Your Email Address:
Your Name:
 

What is a Power of Sale Property?Power of Sales Properties

In Ontario when a borrower defaults on a home mortgage, the bank/lender most often attempts to recover its losses by selling the property using the Power of Sale clause contained in the mortgage.  Due to legal fees, foregone interest and other property expenses, the estimated losses to the bank for Power of Sale properties can range from 10 percent to 30 percent of the outstanding loan balances.  There are other variables that can affect the losses or costs when a property is sold via power of sale such as the deterioration of the property and the time it takes to process the paperwork.

Definition of Power of Sale:  A clause commonly inserted in a mortgage and deed of trust that grants the creditor or trustee the right and authority, upon default in the payment of the debt, to advertise and sell the property through any means at it’s disposal, usually MLS in Ontario or at public auction, without resorting to a court for authorization to do so.

Once the creditor is paid out of the net proceeds, the property is transferred by deed to the purchaser, and the surplus, if any, is returned to the debtor.  The debtor is thereby completely divested of any interest in the property and has no subsequent right of redemption (recovery of property by paying the mortgage debt in full).

Power of Sale and Tax Sale properties – questions and answers

You may wish to learn more and read a very detailed analysis of Power of Sale Properties

You will often see advertisements about Court Auctions, Pre-Forclosures, Homeowners in Bankruptcy, HUD Homes, VA Homes, Government homes and similar sounding wording.  In my experience, some of these types of investment property opportunities come out of the US and are not as common here in Ontario.  In our trading area, most of the POS, Tax Sale properties or foreclosure properties are put on the MLS.  The reason for this is that our provincial laws are very strict about the procedure and marketing of a power of sale property and the company or person who is initiating the power of sale must do their best to obtain what is called TRUE market value as opposed to fair market value for the property, otherwise if the property is sold too far under TRUE market value, the owner could sue them for the difference.

Power of Sales|Foreclosures|Bank Sales in Mississauga and GTAOakville sign-up page to automatically receive MLS POS Listings Toronto, Etobicoke, Oakville and Brampton

Read more about Tax Sale Properties.

You will receive a very fast answer from me, thank you and have a great day!  Mark
 Example of a Luxury Power of Sale Property   Example of a Rural Power of Sale Property   Example of a Mississauga Luxury Property Forecosure Property for Sale   Another type of Power of Sale Property along Mississauga Road in the GTA
You will find that there are many types of the power of sale and foreclosure homes in Mississauga and surrounding areas.  The homes pictured above are similar to many home styles that you will find here in Mississauga and just outside of the GTA.  Let me show you how you can find these types of Power of Sale homes and show you how you can afford to move up to your dream home.  Please email me at mark@mississauga4sale.com  Or, you may use this form to sign up to my POS newsletter.You will often see advertisements about Court Auctions, Pre-Forclosures, Homeowners in Bankruptcy, HUD Homes, VA Homes, Government homes and similar sounding wording.  In my experience, some of these types of investment property opportunities come out of the US and are not as common here in Ontario.  In our trading area, most of the POS, Tax Sale properties or foreclosure properties are put on the MLS.  The reason for this is that our provincial laws are very strict about the procedure and marketing of a power of sale property and the company or person who is initiating the power of sale must do their best to obtain what is called TRUE market value as opposed to fair market value for the property, otherwise if the property is sold too far under TRUE market value, the owner could sue them for the difference.


 (Some area restrictions may apply)


You may wish to learn more and read a very detailed analysis of Power of Sale Properties
Estate Sales Properties emails of estate sales

Power of Sale and Tax Sale properties – questions and answers

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Next Step in the Buying Process


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Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale  | Privacy-Policy | Guarantees |All Pages including SiteMap, Mississauga Real Estate Blog all maintained by A. Mark Argentino, Email Mark regarding homes and properties for sale in Mississauga, Erin Mills, Meadowvale, Streetsville, Credit Mills or ChurchillMeadows, Ontario, Canada and surrounding areas : Mark Argentino of REMAX welcomes your inquiry!mark@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434 First created – Tuesday, July 16th, 1996 at 3:48:41 PM – Last update of this page: Tuesday, July 25th, 2017
In this Mississauga, (Erin Mills, Churchill Meadows, Sawmill Valley, Credit Mills and or Meadowvale ) Ontario Canada Real Estate Property web site you will find information regarding:

| Complimentary & Quick Over The Internet Home Evaluation | Top of Page - Mississauga homes for sale, properties for sale and valuable information regarding the City of Mississauga, Ontario