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Changes on blind bidding coming to Ontario

Full transparency may be coming to home buying in Ontario. It will be interesting to see the impact this will make on the market, especially if sellers have the option to opt-in or out.

Ontario is looking at implementing a bidding process that allows for visibility to everyone bidding on a home. However, sellers may have the choice if they want to opt-in or out to a blind bidding process on the sale of their home. It will be interesting to see what impact something like this will make on the market and what percentage of sellers will opt-in to the removal of the blind bidding process. What are your thoughts on the impact of this new potential change?


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