This is NOT a paid review.

Recently I came across a new site that was innovative and worthy of discussing. With the hot real estate market in the Toronto area, the sales have be fierce and lately, sellers have been hiring the first agent they can find to unload their property for the best price. But what is the best price when you only have talked with one agent?

This question has been asked by many who wonder about the lack of competition in the real estate business. Well cue, iBidBroker. iBidBroker is basically a meeting place for sellers and agents to converge and enable these agents to submit proposals to prospective sellers on how best their property can be sold and for what price.

Advantage of this idea for sellers is that is allows for more competition for your business. With agents now fighting for your attention and of course, the privilege to sell your home, you have the ability to hear from agents from all across the city on how they will market your property, how they will value your home and what commission they will take for selling your home. Agents will also give you a general time frame they feel is good enough to sell this home.

Many sellers do not have access to agents outside their neighborhood and because of this, could be missing out on connecting with an agent that might better understand the housing market and who could get another $1000 or more for your home.

If you are selling your home, the best step you can take is to list your home onto iBidBroker and have agents come to you. NOT the other way around. Real Estate agents will come up with proposals and you can then decide who is best suited for taking your property onto the next stage towards selling the home.

I can see big changes as to how real estate is sold thanks to an innovative site like this.

Happy Selling!
Aman, MBA

*Updated 05/10/10
So there is NATIONAL media response to this site which I knew would bound to take place, for those with internet explorer, copy this link: http://tinyurl.com/24dhn2j it was aired on May 10, 2010 on Global National News

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