Frequently Asked Questions

There are three things that set Wahi apart and help Canadians like you buy and sell on your own terms.

Two ways to buy, three ways to sell

With Wahi, you have options. This gives you control around the level of service and support you need, but more importantly, the commissions you will pay. For more information visit our 

Non-commissioned experts

No matter which way you choose to buy or sell, you can trust the unbiased advice of our Licensed Wahi Experts to help you on your journey and demystify the home buying process.

Industry leading insights and tools

Wahi’s unique suite of tools gives home buyers and sellers the advantage that they need to get an edge on the real-estate market.

Our tools are free for you to use and explore.

Wahi is currently available in most of Ontario. Wahi MyBuy, MySell and Auctions are available in select locations. Our Showing Comparison Tool can be used anywhere in Canada. For more information, click here.

There are three ways to sell your home with Wahi. All you need to do is pick a commission structure that balances what you want from the sale and the selling experience. They’re all supported by Licensed Wahi Experts every step of the way.

When you want more transparency, exact timing or a fast sale. The seller commission is only 1% so you keep an average of $15,000 on the sale.

When you want to keep more of the sale price of your home. The seller commission is only 1.5% so you keep an average of $10,000 on the sale.

When you want an Elite Realtor® in your corner to sell your home. Seller commission is 2.5%, and you access local experts in the sale.

Our innovative platform offers homebuyers two options to buy a home. No matter which option you choose, you’ll be supported by a Wahi Licensed Expert every step of the way.

Work with Wahi Licensed Experts to find a home and, in combination with Wahi Price receive up to 1.5% cashback. That’s an average of $15K back in your pocket.

We’ll match you with an Elite Partner Realtor® for a more traditional experience. Your realtor will have experience buying in your neighbourhood of choice, and will manage everything from scheduling showings to closing.

While you do not need an account to browse our listings, creating one will allow you to get the most out of your Wahi experience.  Creating an account is easy – all we need from you is your email address.

Input your values, such as the selling price, property type, and mortgage payment frequency. From there, let us do the work to calculate your total estimated mortgage payments, closing costs, and monthly expenses.

There are three ways to sell your home with Wahi. All you need to do is pick a commission structure that balances what you want from the sale and the selling experience. They’re all supported by Licensed Wahi Experts every step of the way.

Wahi Auctions

When you want more transparency, exact timing or a fast sale. The seller commission is only 1% so you keep an average of $15,000 on the sale.

Wahi MySell

When you want to keep more of the sale price of your home. The seller commission is only 1.5% so you keep an average of $10,000 on the sale.

Elite Realtors

When you want an Elite Realtor® in your corner to sell your home. Seller commission is 2.5%, and you access local experts in the sale.

Our innovative platform offers homebuyers two options to buy a home. No matter which option you choose, you’ll be supported by a Wahi Licensed Expert every step of the way.

Wahi MyBuy

Work with Wahi Licensed Experts to find a home and, in combination with Wahi Price receive up to 1.75% cashback. That’s an average of $20K back in your pocket.

Wahi Buy Full Service

We’ll match you with an Elite Partner Realtor for a more traditional experience. Your Realtor will have experience buying in your neighbourhood of choice, and will manage everything from scheduling showings to closing.

Wahi has partnered with Local Logic , a location intelligence provider, to create a better neighbourhood search experience when it comes to school location and catchment area data. Local Logic incorporates more than 75 billion data points and 200 million properties across North America and updates the data every six months.

Wahi uses rankings from The Fraser Institute, an independent research and educational organization based in Canada that ranks the academic performance of elementary and secondary schools in Ontario. The rankings are done annually and are based on average scores on province-wide standardized tests. The data also shows whether the school’s results are improving, declining, or holding steady over the most recent five years.  Wahi provides this information so that consumers can research the performance of individual schools in their neighbourhood or in the area in which they would like to live.

No, you shouldn’t! The ranking is only one piece of the puzzle and not the whole picture of what each school has to offer. The rankings are determined by The Fraser Institute, not Wahi. Our advice is to go see the school for yourself to make an informed decision!

When you purchase a home with Wahi MyBuy, we cut up to 60% of the buyer’s fee off every sale and pass those savings back to the buyer. For an average buy, this would be around 1.5% of the total price paid, and for an average GTA property, this would come to around $15K back in your pocket.

You’ll get payment 2 weeks after the closing of your property.

Auctions will be set up with an opening price to start the bidding. However, a reserve price will be set by the seller, which is the minimum price the seller is willing to accept to sell the home or negotiate with the highest bidder.  The opening price is typically lower than the reserve price to encourage bidding on the home.

A reserve price will be set by the seller, which is the minimum price the seller is willing to accept to sell the home. 

A home will not be obligated to sell unless a bid at or above the reserve price is placed. The seller will have the option to sell for less than the reserve price after bidding is closed. 

Bid increments are $2500. 

There are no extra fees associated with an auction. 

The commission paid for auctioning is dependent on the representation. 

The seller ultimately picks the starting price, however, the Wahi Licensed Expert will support the process. 

The list price is the price that will be used on the listing on Wahi and MLS.  

The Buy Now price is the price at which a user could purchase the home for and forego the auction process. This price is set by the Seller. 

During the auction, all participants will be notified when/if the Reserve Price is met or exceeded. 

No, the Buy Now price is not mandatory. 

Auction participants must have finance approvals through Wahi’s mortgage partner. 

The person(s) with the winning bid is obligated to purchase the home in the same way a buyer is obligated to purchase a home after an offer is accepted the traditional way.  

The person(s) with the winning bid is obligated to purchase the home in the same way a buyer is obligated to purchase a home after an offer is accepted the traditional way.  

All auction participants will have mortgage pre-approvals with a Wahi Mortgage Partner.

The seller could take legal action against the potential buyer. Otherwise, the seller can choose to put the house up for auction again or sell the property the traditional way. 

Bidder’s names are displayed as the first name and the first initial of the last name. If the Seller knows of the buyer, they may be able to imply who the buyer is.

Listings on MLS are governed by the typical guidelines of brokerages, however, the auction process is independent of any brokerage including Wahi Ontario Inc Brokerage. It is managed by Wahi Inc. 

Auctions are hosted on a secure website and all bidders are authenticated and approved by Wahi. 

Auctions are currently not performed by Real Estate brokerages. While the buyers and sellers can be represented by Reatlors®, the auction itself is independent of any brokerage including Wahi Ontario Inc Brokerage. It is managed by Wahi Inc. 

The auction ends without a home sale and has no obligation of any kind for the seller. The home can be listed or another auction can be arranged. 

If the highest bid does not meet or exceed the reserve price, the seller can choose not to sell.  

Wahi auctions are promoted within the Wahi price and the Auction page. Listings will be available within the listings on Wahi and rendered on the page based on the relevance of the consumer search.  

Wahi and your realtor will promote and advertise your listing which includes traditional ads, digital ads, lawn signage and Realtor outreach. 

There are no conditions on the Auction sales as there is no negotiation of terms during the auction. Similar to traditional home sales, there are times when negotiations take place after the original offer is accepted. 

There are a couple of options, the home can be delisted or listed the traditional way.  

The auction is conducted online through the Wahi Auction platform. 

All auction listings are published on all sites that use MLS listings.

The listing for the home for auction will be listed with MLS and be available on all sites that leverage MLS to provide listings.  

Wahi is not able to guarantee the number of buyers, as they are a function of the advertising and quality of the listing. 

Set up a consultation with a Wahi Licensed Expert and they can help get the home and listing prepared for auction. 

Sellers and Buyers can be represented by a Realtor, but it is not mandatory. 

Traditional “Auctioneer” is not involved in the auction as they are facilitated online. A Wahi representative will be assigned to auctions and support the process throughout – including the duration of the auction. 

Selling an auction has 3 stages: Stage 1. Preparing the listing which can take 1-4 weeks. Stage 2. Pre-auction advertising is where the listing is posted and potential buyers are attracted, including showing which can take 1-3 weeks. Stage 3. The action period can take 1-2 days. 

The Seller can determine how many showings are available and the timing of them. 

The Seller can determine how many showings are available and the timing of them. 

A buyer can automate bidding (with a max bid) or make manual bids while the auction is open. 

No, it can not be denied unless there is another buyer with the same bid in which case the winning bidder is automatically identified. 

A buyer is not able to put conditions on the sale. However, they are able to put limits on the bids and cannot exceed the amount they are approved for. 

The only limit for the bids is based on pre-approvals. 

• Contact a Licensed Wahi Expert

• Complete a Pre-approval application 

• Approval

You are able to participate in the auction without bidding, but must be pre-approved. 

Registration is required before bidding to make sure we account for everyone interested in the auction. Once registered, you will also receive an alert about specific auctions. 

There can be multiple reasons, however, the most common are: 

• You haven’t been approved. If this is the case, please contact us to fix it.

• Your budget is insufficient and you cannot bid at the auction.

• Your bidding period is expired. To fix this, please contact us.

Yes, you just have to contact us and we’ll help you with your request.

We developed the Autobid to remove the burden of waiting and stressing in front of your computer when bidding during an auction. The Autobid process is quite easy; you set up your maximum amount for the auction and we take care of the rest. Our algorithm will assess all Autobids every minute, and when it is your time to bid, an increment of $2,500 will be added on top of the existing bid up to your maximum amount. You still have the option to manually bid on a property.

If you want to skip the bidding process, you can buy a property in one click, as long as you are approved for the asking price.

In order to be fair to bidders, the Buy Now is available up until the first bid.

• You are officially the owner of a new property. Someone from Wahi will contact you asap within our hours of operation.

When reserve price is not met:

• The reserve price acts as a security so the seller can get a minimum price for the house. In this case, you won the auction, but negotiation with the seller is still likely to happen.

Yes, they can request to bid on your behalf and do everything for you.

There is a specific bidding period. As long as you bid within the period, you should be good. However, people can still use Buy Now to purchase the property and remove it from the market.

Whenever a bidder is bidding within the last 5 minutes of an auction, we automatically add an additional 5 minutes to leave time for others to counterbid. 

The Bestimator is a smart tool to estimate the value of a home. The estimation is computed using property tax info, physical characteristics of a property such as bedrooms, bathrooms, etc., location and historical sales of similar homes. Wahi updates the Bestimator regularly to keep it accurate all the time.

All Licensed Wahi Experts are licensed Realtor®

The savings will be realized at the time of closing. The amount you get in savings is based on the commission and home sale price. For an average home sale price of $1,000,000, that means $10,000 back in your pocket. 

Wahi Licensed Experts will be available to you throughout the process even when using an Elite Partner Realtor®. We will always be in your corner. 

All Realtors® must be an approved Wahi Elite Partner Realtor® and matched by Wahi.

You are able to see homes with 3 different Wahi Elite Partner Realtors® before selecting a Realtor®.

Wahi Licensed Experts will be available to you throughout the process even when using an Elite Partner Realtor®. We will always be in your corner. 

A Median Price is the midpoint between the highest price and the lowest price, while the average is the price of all the homes divided by the number of homes.