Low real estate commissions

Home sellers can save thousands with 1 percent commission

It’s true! Those looking to sell homes but are worried about losing thousands in commission can now sit back and relax with a 1% commission real estate agent in Brampton and Mississauga, Ontario.

Home sellers are apprehensive about paying thousands in commission when the money could have gone to savings. On the other hand, there is also apprehension about hiring the services of a 1% commission real estate agent, or a discount real estate agent. Home sellers fear that the services of such an agent are not at par with the services of other agents who charge 5 – 7% in commission. Back in 2004, a discount real estate agent charged 4% commission. But today, technology has allowed realtors to work cost-efficiently which is a boon to the real estate market. Real estate salespersons can now offer the same full services for a lower overhead cost to them, and thus allowing them, to charge lower commissions.

In Brampton, real estate sales person Vic Singh shows home sellers the most cost-efficient way to sell their homes and taking only 1% in real estate commission. If there is a buyer agent and charges 2.5% then the maximum home sellers will pay out is 3.5%, still a huge savings worth considering. Vic Singh works for Remax so a full service is given at 1% commission. He outlines his services for this discounted commission as follows:

Listing in MLS

Services of a professional photographer for the sample photos and virtual tours that will be included in the website featuring  for sale properties.

Feature sheets to help buyers remember your home. When buyer agents take clients on shows they usually visit 6-10 houses. At the end of the day it will be hard to remember which home was yours. Feature sheets help home buyers recall the beautiful details of your home.

Standard services: Remax for sale sign; lockbox for convenient showings; open houses; feedback from other agents regarding the showings; listing is promoted to local agents in Brampton; listing is e-mailed to a database of buyers

Home sellers can save as much as $5,000 in realtor commission and still get the same full service. In a recovering economy, savings of every penny count and if someone shows you a way to sell your house and save it is only common sense to go that route. However, keep in mind that not all discount real estate agents are the same so check track records and client testimonials to ensure that you are truly getting the better end of the deal.*