SAFEBRIDGE FINANCIAL GROUP
A mortgage agent with Safebridge Financial Group, Andre Persaud believes the industry, while not short of red tape, still needs to do more to protect clients – particularly in hot markets like Toronto and Vancouver.
“A major change I would like to see is on the side of real estate agents,” he says. “I would like to see something put in place to prevent Realtors from listing properties very low in order to draw a bidding war. This is causing a lot of issues because clients always want to go in without a condition of financing. It has almost eliminated this condition that is meant to protect buyers.”