How To List and Sell Your Property Using Canadian MLS® While Saving Thousands In Commissions
PLUS: Insider Secrets of Real Estate Agents Revealed!
WARNING: Don’t Even Think About Selling Your Own Property Until You Read This Book
If you’ve ever sold a property through a real estate agent, you know what it’s like to feel hosed. In Canada, total commission rates generally range from 4-6% of the final sale price. On a $450,000 property, that comes out to between $18,000-$27,000, BEFORE taxes get added. In some provinces you’ll pay the Goods and Services Tax (GST) on top of the commission. In other provinces with a Harmonized Sales Tax (HST), the full amount of the commission will be taxable at the combined provincial and federal rates. Gulp!
Who pays this commission? YOU, the seller, of course! If you’re tired of shelling out so agents can roll around in luxury cars, with expensive suits and perma-tans, then read on.
The problem with our current system is that agents are motivated to complete transactions, not necessarily negotiate a transaction that is in their client’s best interests. They get paid when the deal closes. A few thousand or even tens of thousands mean much less to them than the homeowner.
The book Freakonomics discussed a study in Chicago that showed agents sell their own houses at prices about three percent higher while sitting on the market an average of ten days longer. In other words, they are willing to wait longer for a higher price.
So, even if you were willing to wait for a better price, your agent is motivated to sell NOW! A decision by you to settle for $10,000 less only means $500 minus broker fees to them, and only $250 or less if they split the commission with a buyer’s agent. For a seller, it could be a down payment for their next car. For an agent, maybe the cost of a night out. Nobody will ever care about your best interests as much as YOU!
These days, most home sellers use one of two choices — they either sell through a real estate brokerage and pay full commission or use a ‘For Sale By Owner’ service aka Flat Fee Service.
THERE IS A BETTER ALTERNATIVE
Due to a recent agreement between the Canadian Real Estate Association and the Canadian Competition Bureau, consumers can now list their property through a local real estate board’s MLS service without using the full services of a brokerage. These listings are called ‘mere postings’ and do not obligate you to pay for any further services with an agent once you have your property listed. Simply use an agent who offers a flat fee service to list your property on MLS. Once listed, the process is entirely in your hands.
It sounds easy doesn’t it? However, just like using a full service agent or flat fee service, you need to be educated before undertaking this process. Rookie mistakes can be COSTLY and TIME CONSUMING. Do it right the first time and save yourself money and aggravation.
I’m introducing a FIVE STEP guide to listing and selling your home using the Canadian MLS system with a ‘mere posting’. This neatly organized guide will lead you through the process from beginning to end. Each section separates the process into easily understood components of the entire sales process.
Includes
How To Choose A Listing Brokerage Learn How To Prepare Your Property For Sale Methods of Marketing Your Property How To Qualify Buyers and Show Your Property How To Negotiate Offers Like A Savvy Veteran
Take control of your financial future and avoid giving a real estate agent their next luxury car down payment!
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Buy now - $19.95
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This is a downloadable ebook in PDF format. You will NOT receive a physical package shipped to you in the mail.
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