An AIC-designated appraiser supports a property owner needs an expert, unbiased opinion on the value of real estate to make a well-informed decision about real estate.
Appraisers play an important role in the real estate process, particularly when it comes to ensuring fair prices.
However, current data regulations have created steep paywalls presenting a financial burden to Ontarians seeking to sell their home
Plan on selling your home?
Selling your home is a milestone in the life of every Ontarian. We are committed to an affordable and accessible real estate transaction for homes and businesses across the province.
With new data regulations, our industry is faced with steep paywalls that present a financial burden to Ontarians seeking to sell their home.
To quantify the disparity, a realtor registered with the Oakville, Milton and District Real Estate board pays $18.72 per month towards TERANET data access fees. A residential appraiser would pay $299 per month, and a commercial appraiser $658.33 per month for access to the same data that is funded by Ontario taxpayers.
Estate board pays
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$18.72 per month
Residential appraiser
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$299 per month
Commercial appraiser
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$658.33 per month
Tell your MPP
Our real estate professionals are committed to providing quality services at fair prices. Please contact your local MPP and ask the Ontario Government to end this predatory pricing scheme.