Frequently Asked Questions

Wade Kovacic Low Commission Ajax Real Estate Agent

Testimonials from Real Estate clients in Durham Region
Sales Representative

Have Any Questions About My Low Commission Fees & How They Work? My Services?

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.

What's the difference between a low commission real estate agent and a regular agent?

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.

Is it true that low commission real estate agents offer lower quality services?

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.

I don't understand the math or percentages. How much will I save overall?

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.

How can a real estate agent sell for so much less?

I sell more homes than the average agent and work on volume of homes sold.

What's the difference between a "listing fee" and a "selling fee"?

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).

How many fees are involved in total?

There are two fees in total: A “listing fee” and a “buyer agent fee”.

Can my existing agent sell my home for a 1% commission, too?

Any agent can negotiate for any amount, however it’s difficult for the average agent to compete for the lower commission sales.

What if I already have an agent but want to use your services instead?

Unfortunately, I’m unable to help you until your existing listing contract has expired.

What's the most I'll pay? And what's the least I'll pay?

The most you’ll pay is 3.5%.

The least you’ll pay is 1%.

Where do you offer you services?

I currently focus on selling & buying homes in the Toronto, Durham Region & Peterborough areas, although I am always willing to discuss your details wherever you may be located.

We're pretty busy. Can you work around our schedule?

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.

How do I know you'll get a good price for my home?

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.

Want To See How Much You’ll Save?

1% Commission Calculator
1% Commission*

$ 5,000

Vs Average Competition
2.5% Commission*

$ 12,500

*Plus Buyer's Agent Commission

Send Me A Message

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?