[notfarnow]

I'm a Realtor in Canada, and this week a settlement was reached between the Realtor's Association and the competition bureau. The rules are being clarified to allow homeowners to post their properties on MLS for a flat-fee, without the need for a full-service listing agent.

I am see many, many advantages to this setup, but also see some potential hurdles.

I know there are other Realtors on PPOT, and some of you compete in regions that also have flat fee / no-service / tiered service brokerages and agents. I am wondering how your business changed (good and bad) with this type of competition.

And from the general PPOT populace, I'd be curious to hear of any experiences with these flat-fee / no service agents. (*cough*, legion)