landingsupportour storylibrarycontacts
forumpoststagsnews

Retiree saved $16K, sold condo without a real estate agent

June 14, 2026 - 10:46

Retiree saved $16K, sold condo without a real estate agent

A retiree in Toronto recently sold her condo without hiring a real estate agent, instead using an artificial intelligence platform to handle the transaction. The move saved her more than $16,000 in commission fees, a sum she says she never felt comfortable paying in the first place.

The seller, who asked to remain anonymous, listed her two-bedroom unit on an AI-powered marketplace that connects buyers and sellers directly. The platform handled pricing analysis, listing photos, and legal document templates, cutting out the traditional agent middleman. After a short bidding process, the condo sold for slightly above the asking price.

"I have always hated paying commissions," she said. "It felt like giving away a chunk of my retirement savings for something I could do myself with the right tools."

Real estate commissions in Canada typically run between 4% and 5% of the sale price, split between the buyer's and seller's agents. On a $400,000 condo, that can mean $16,000 to $20,000 in fees. By skipping the agent, the retiree kept that money in her pocket.

The trend of using AI for home sales is still small but growing. Proponents say it offers transparency and lower costs, while critics argue that agents provide crucial negotiation skills and market knowledge. For this retiree, the choice was simple: she trusted the algorithm more than a handshake.


MORE NEWS

Ex‑minister Jamil Khir claims trial over RM860m Tabung Haji funds channelled into Saudi real estate

September 14, 2026 - 08:30

Ex‑minister Jamil Khir claims trial over RM860m Tabung Haji funds channelled into Saudi real estate

KUALA LUMPUR, Sept 14 - Former minister in the Prime Minister`s Department for Religious Affairs Datuk Seri Jamil Khir Baharom has claimed trial to charges related to the alleged misappropriation...

Ohio State football has 4 real worries on their hands coming away from loss against Texas

September 13, 2026 - 23:39

Ohio State football has 4 real worries on their hands coming away from loss against Texas

The defeat in Austin raised uncomfortable questions about a roster that entered the season with championship expectations. The offensive line struggled to protect the quarterback and create running...

Bradley Home on Madison Avenue Changes Hands for $305,000

September 13, 2026 - 12:06

Bradley Home on Madison Avenue Changes Hands for $305,000

A single-family residence located at 612 Madison Avenue in Bradley has a new owner since Aug. 24. The property sold for $305,000, according to records filed with the county. The home offers a...

Hoffman Estates Home Sells for $1.33 Million

September 12, 2026 - 19:51

Hoffman Estates Home Sells for $1.33 Million

A spacious single-family house in Hoffman Estates has found a new owner. The 4,090-square-foot property, constructed in 2007, sold for $1.33 million, according to public records. The home features...

read all news
landingsupportour storylibrarycontacts

Copyright © 2026 Acresh.com

Founded by: Lydia Hodge

forumpoststagssuggestionsnews
user agreementcookie infodata policy