Q. Are Your Listings on MLS® and www.realtor.ca?
A. Sure!!!! Yes, and yes!
Q. How Does an Agent for the Buyer Get Paid? Do I Have to Pay Them?
A. The $9,950 commission includes $4,500 of commission to the Buyer's representative. With a sale under $900,000 with 1% representing the Seller and the Buyer being represented by a Cooperating Brokerage: the 1% listing agent earns $4,500, the cooperating Brokerage earns $4,500, and the remaining $950 pays for the 1% agent's expenses/Brokerage Fee incurred in selling your home. Above $900,000 our brokerage pays 0.5% to the Co-Operating Brokerage from the total you pay.
Q. Are There Any Upfront Fees to List Your Home with 1% realty?
A. No.
Q. Will Other Agents Show One Percent Listings?
There is the most frequently asked question...Why would an agent show his/her client a One Percent listing when that agent can show a different listing and possibly earn more? There are several reasons that other agents do show One Percent listings.
(1) Agents have an ethical duty to show all listings, regardless of commission, unless their client authorizes them to do otherwise;
(2) agents still earn a commission;
(3) buyers can easily find One Percent listings on several websites, including http://www.REALTOR.ca or http://www.onepercentrealty.com.
What REALLY matters is "Does One Percent Realty Work?" Over 95% of my listings have been sold by Co-Operating Brokerages/Agents. If you are NOT convinced and are concerned about the commission (We are not, but if you are), you can decide to increase the Buyer agent commission. We can discuss your options in person!
After all, it is YOUR Money!
Q. Does One Percent Realty Work?
A. Yes, One Percent Realty works! We cut expenses. Clients can save many thousands of $$$ in real estate commissions as thousands of other Canadians have! Your property will attract a buyer if priced realistically. Paying thousands more in commission will not sell your property; it will sell because of the exposure we provide to attract the right buyer for your home.
Q. How Does The $9,950 Or 1% Plus $950 Break Down?
A. $4,500 or 0.5% for me ("listing agent"), $4,500 or 0.5% for the buyer's agent ("selling agent"), $950 disbursements (includes the fee to my office when I sell your home, advertising costs & MLS® system fee). You pay absolutely nothing to me until your home is sold! One Percent Realty sells many properties. One Percent REALTORS® don't have the overhead costs many other agents have, and our low commission structure allows us to focus on serving our clients instead of wasting valuable time soliciting new business.
Q. What Do You Mean By "Full Real Estate Services"?
A. When I promise to provide Full Real Estate Services, this includes listing your property on the Multiple Listing Service (MLS®) of our Board, http://www.REALTOR.ca, http://www.onepercentrealty.com, taking photos, advertising your property, holding open houses, sign "for sale," lockbox, showings, all documentation and contracts, negotiations, keeping you informed, cooperating with brokerages representing buyers, responding to inquiries.
Q. How does One Percent Realty compare to Other Real Estate Brokerages?
A. I am happy to sit down with you and explain the various aspects of the Real Estate Business. I can describe our business model and detail what other brokerages do, from "For Sale By Owner" to Full Commission Brokerages; we see it all. We can explain the various strategies concerning pricing, attracting buyers, and general real estate questions. It is simple, "It is What We Do!" One of my favorite quotes is, "We Know a thing or two because we have seen a thing or two!!"
Q. Mike, What's The Best Way To Contact You?
A. Please feel free to call me directly on my cell/text
at 604-644-6430 or by Fill out this Evaluation Form.