Tim Hudak, OREA’s chief executive, opposes the idea of “denying millions of hardworking families the choice of how to sell their home by banning the traditional offer process or blind bidding.”
Most survey respondents believe homeowners “should be able to sell their homes however they feel is best for them,” but 77 per cent also support the notion that “potential buyers should be able to know what offers have been made on a home before they bid.”First, Ontarians support the sellers’ right to decide how and to whom they sell their property. But they do not favour sellers exclusively over buyers, and overwhelmingly support transparency in the bidding process.
For instance, 91 per cent of homeowners believe it is a very good idea, a good idea or an acceptable idea that homeowners should decide the method of the sale for their benefit, while 83 per cent of renters also supported the notion. Who is not as enthusiastic about bid transparency? Those who believe the Ontario government should give a low priority to housing affordability.Article content
The whole industry is crooked Dbl dipping agents and the ones working in collusion together makes things worse. blind bidding would only be fair if it was in an auction form and no second bids allowed. Everyone gives their best offer and the seller chooses 1 or none
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