Explore St.Thomas and Port Stanley Real Estate
I understand that you work hard at your job and the money doesn't come easy. It took you years to build the equity you have in your home and you don't want that eaten up by REALTOR fees when you sell. That's why the cornerstone of my business is a value based, transparent commission structure. I want you to now exactly what you are paying for and how much it's going to cost. Above all else, I want you to know why I've carefully selected the services I offer my clients to achieve the greatest sales price and to keep more money with them. I earn clients for life by offering superior service, getting the best sold price possible and keeping more money in their pockets.
Commission structuring is often complicated to people. We have all seen the advertisements (Sell Your House For 1%*). What does the asterisk mean? Well it means that you still have the pay the buyer's agent 2% over and above the advertised rate if you want anyone to come see your house. Do you even know what you get for your money? Do they know your local market and do they even list on the local board? If it's not listed on the local real estate board, nobody knows your house is for sale except when they drive by and see the sign.
What does 4% actually mean? Well when you list your house for 4%, 2% goes to the Buyer's brokerage and 2% goes to the Seller's brokerage. We NEED to pay our Buying brokerages. If we don't, they don't bring people to see your house. It's simple.
Let's breakdown the 2% that goes to Royal LePage Triland, the listing brokerage. I have a contractual obligation with them to split on the 2%. They keep 20% of it and I get the rest. Of their 20%, they pay for franchise fees, bricks and mortar, strong support staff, insurance and legal.
Now let's evaluate my take. I pay income tax, board fees, errors and omissions insurance, marketing costs, business vehicle payment, gas and insurance, business phone, office supplies, personal support staff and of course I get paid a wage for my time.