Law Does Not Regulate Commission Rates
* My 1% fee & savings are based on a hypothetical example of a 5% total commission (2.5% listing + 2.5% to buyer brokerage) . 1% Listing fee is plus 2.5% buyer brokerage fee = 3.5% maximum commission.
People tend to ask me the same sorts of common questions, so I’ve put a list together along with my answers that should give you a better understanding about what I do.
If you would like to ask me about something that isn’t listed here, please get in touch.
Other than the commission fees being charged, not much.
I offer all of the services that most other agents offer and, in some cases, even more.
I have worked at RE/MAX and other companies before and I actually offer more services for less now.
No, it isn’t, although this is what you may hear from a competing sales rep.
I personally offer more services than many agents who charge higher commissions.
In short, you will save at least 1.5% of the total selling price of your home. This works out to $1,500.00 for every $100,000.00.
So, if your home sells for $700.000.00, you would save $10,500.00.
If you have a rough idea what your home is currently worth, try out my “Low Commission Calculator” near the bottom of this page.
I sell more homes than the average agent and work on volume of homes sold.
The “listing fee” is charged on behalf of the agent selling your house and the “selling fee” is charged by the agent that finds a buyer for your home.
If the same person lists your home AND finds a buyer for it as well, he or she would collect both fees.
On average, each fee is 2.5%: One for the listing agent and one for the buying agent. The combined fee is usually 5% (2.5 + 2.5).
There are two fees in total: A “listing fee” and a “buyer agent fee”.
Any agent can negotiate for any amount, however it’s difficult for the average agent to compete for the lower commission sales.
Unfortunately, I’m unable to help you until your existing listing contract has expired.
The most you’ll pay is 3.5%.
The least you’ll pay is 1%.
Yep, I sure can. This is a fairly hectic business as it is and I’m used to working ‘weird hours’. I recently helped a local dentist sell his home (and buy a new one) and his schedule was a real challenge.
I have been selling homes in Durham Region since 2001 and am always aware of how the selling market is trending. Getting the highest price the market will allow is always my goal.
Giving me just 15 minutes of your time could end up saving you thousands in unnecessary fees!
Why pay more if you don’t have to?