Sell Full Service MLS® Only $7,950
(Homes over $700,000 1% + $950)
$3,500 to listing agent / $3
,500 to buyer’s agent
$950 expense fee at closing
You want full service on MLS® from a professional salesperson at a low commission – that's One Percent Realty.
I provide you full real estate services at a discount commission rate of only $7,950 for all homes under $700,000.
Houses over $700,000 are 1% + $950.
Prior to the Internet, Buyers used to get in the back seat of a real estate agent's car and go on a tour of homes. The agent would have his/her MLS® catalogue of homes which he was not allowed to give Buyer's a copy of. REALTORS® controlled MLS® information. This is simply not the way it happens anymore.
Nowadays with the Internet, consumers are empowered and in much more control of their new home search. Over 85% of Canadians who search for a home start their search on the Internet. Whether Buyers are looking for properties themselves on REALTOR.ca, or being automatically emailed MLS® properties directly from their REALTOR®, or other house hunting activities, nowadays Buyer's often know as much or more about their particular market and the homes for sale in it as their REALTOR® does.
Buyers have access to MLS® and can check www.REALTOR.ca 20 times a day, and their agent will not be doing that, no matter who they are. These changes in technology and Buyer behaviour created the opportunity for the concept of One Percent Realty to flourish.
When a Buyer sees a home that meets their criteria and is their dream home they do not ask "How much commission is being paid here." It's not of concern to the potential Buyer. The Buyer is concerned with number of bedrooms, bathrooms, location, schools, and obviously the price. Our listings are displayed everywhere that all the other listings are. If you are a buyer looking in a given neighbourhood in a given price range (which is basically all of them), then you will want to see every listing in that neighbourhood in your price range. With the Buyer now in the driver's seat as a much more sophisticated consumer the real estate marketplace had changed forever.
If your home is well kept, and priced accurately, it will sell.
It has no relationship with the amount of commission you pay. With extensive experience in project marketing, we realized that there may be an opportunity to market houses in a similar lower commission higher volume manner. Spending most of their time prospecting for business, the conventional agent requires a higher commission structure to compensate for the lower volume/lower listing success rate in the highly competitive real estate industry. With the help of the technological advances such as the Internet, cell phones and fax machines, etc, One Percent Realty was able to reduce the typical real estate office overhead as well as leverage the productivity advances of its agents to create a successful discount commission business model.
The concept behind One Percent Realty is that we provide you full service but a discount commission. For that full service on MLS® we charge just $7,950 for all homes under $700,000 and for homes over $700,000 we charge 1% plus $950. The '$950' aspect covers the typical disbursement costs to marketing and selling your home. Our agents provide all of the same services as if they would if they were to charge you a higher commission, the only difference being the amount of commission they charge you. Your 1% agent will help you determine the appropriate listing price, list your home on the local real estate board MLS® system and thus your listing will be on the popular realtor.ca where all the buyers look, enter the listing on the onepercentrealty.com website, take interior and exterior digital photos, place a house for sale sign (if applicable), advertise your property where the Buyers are looking, show your home to prospective Buyers, provide you advice and assistance along the way. Our goal, like yours, is to sell your home.
|Your House||1% Realty||Traditional
|$ 250,000||$ 7,950||$ 10,750||$ 2,800|
|$ 300,000||$ 7,950||$ 12,000||$ 4,050|
|$ 400,000||$ 7,950||$ 14,500||$ 6,550|
|$ 500,000||$ 7,950||$ 17,000||$ 9,050|
|$ 600,000||$ 7,950||$ 19,500||$ 11,550|
|$ 700,000||$ 7,950||$ 22,000||$ 14,050|
|$ 800,000||$ 8,950||$ 24,500||$ 15,550|
|$ 1,000,000||$ 10,950||$ 29,500||$ 18,550|
|$ 2,000,000||$ 20,950||$ 54,500||$ 33,550|
*compared with a broker charging 5%, not all brokers charge the same.
Yes. Our MLS® listings are shown, and sold, by Cooperating REALTORS® all of the time. Logic would dictate that if our system was unable to attract Cooperating REALTORS® to sell our MLS® listings then we would be selling most of our own listings to our own Buyers. In fact, its quite the opposite. Over 95% of my listing sales are sold by Cooperating REALTORS® representing the Buyer. That is the proof that our system works great.
Why is that? Firstly, our listings (under $700,000) typically offer $3500 commission to Cooperating Brokers. While $3500 might not be as much as some of other listings, it still is a decent amount of money for a paycheque for Canadians these days including a lot of sales professionals. The more important reason why other agents cooperate and sell our listings is that it is the Buyers who are dictating the shots. As mentioned above, if the Buyer loves the home does the amount of commission matter to the Buyer?
Spending $12,000-$20,000 or more to sell your home is a lot of money. If you are thinking about selling your home call your regular agent that you used last time, but this time also call us to compare our services and commission rates. Being full service agents, our agents provide free no obligation market evaluations. Let us tell you exactly what we will do to sell your home. You and your hard earned equity will be glad you did.