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I have a question what are realtors thinking. Currently there is 4 Century 21 houses for sale in our neighbor hood. And all are over priced. All 4 houses are dated and need 10's of thousands of dollars to bring them out of the 70's. These realtors are listing anywhere from $230,000 to $290,000. Really! Whom is going to pay these prices, then have to put in thousands of dollars in upgrades?  
I believe realtors are price gouging, looking for that 7% or higher. When is it going to stop? I look at the house beside us that is for sale. The realtor could make $17000 dollars that is correct $17000 and they will not even come over and shovel the sidewalks. People need to stay put and starve some of these realtors, bring them back to reality.  
City is looking for affordable housing first step is to clamp down on these thieves, bring them and our housing back to affordable for all. Enough is Enough. Or everyone looking to buy a home low ball your bids. No house built in the 50's with some upgrades bought 15 years ago for $44,000 dollars is worth $230,000 today. Ask yourself this question how many people out there has had their income rise 85% in 15 years? Our housing has.

this is the case with all realtors. Also it was my understanding it was a conflict of interest for realtors (again not all) to take advantage of their intimate knowledge of the market. What i have said goes along with the OP. Agents are the reason housing in Brandon is WAY overpriced. When was the last time market value went DOWN in Brandon? It seems to fluctuate everywhere but here. Maybe if they didn't buy every cheap available property, and left some for the average person. This wouldn't be as big of an issue. I am not saying this is typical to just agents, good luck trying to find a contractor to build a house for less than 200k. They too, are responsable. At no time did I say it was TOO LOW. If you read my post, rather than just take offence to it, you would see that what I said was they take all the houses priced reasonably, exploit the fact that immigrants have pre-approved mortages and used that to their advantage. What i was driving at was it used to be, when you bought a house, the cost to make it sellable. was DEDUCTED from the asking price. Not added to it. My experience with agents has taught me that the market in Brandon has increased in worth for %5 every year. That makes, by my calculations, a house worth 50k ten years ago worth 75k today. But it isn't. It's somehow worth 160,000. That's what sounds RIDICULOUS to me. IF agents went out. bought the 100k house did 5k worth of reno's and turned around and sold it for 125, i think people would be less inclined to question it. Which is the reason for this thread. People aren't understanding WHY. And thank you for not being one of these people.