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| - Advantages to Sellers Canadian typical although fees vary.
- Save a lot of money on the list side. Say $300K x 2.5% = $7,500. <$500> minus <$250> saves $6,750
- Puts the property on the MLS with whatever fee they agree to pay the sell side broker.
- Potentially saves the SELL side fee of $7,500 also. ($14,250 total)
- Do it yourselfers with an MLS.
- Sales person advantages
- Pre-paid, non refundable income
- Paid on every listing
- Potential to earn the sell side
- Potential for extra charges.
- VOLUME PRODUCTION. Should be able to do 100 of these a year.
- Real Choice Realty position.
- Pay your monthly desk fee of $350
- Pay the closing file and archive fee of $250 if and when closed.
- Be legal and ethical in everything you do.
- Then charge what ever you want to charge. We do NOT price fix. These company policies are “examples” of how you may charge but we are happy with a smile ): to see you put your own spin and/or menu on listings and buyer broker contracts.
- Residential
- I have a $600 MLS flat fee, Rick has a 1% or $495, whatever is higher and let us consider a $495 flat fee, plus out of pocket cost, $250 closing fee, signs and advertising IF ANY.
- Remember you may be the sell side broker when you negotiate the MLS co-op fee offered. I recommend 3% or greater to get best action.
- Remember that the owner/seller that finds their own buyer, pays no sell side fee at all! (Caution, ask how did the buyer find the property so as to avoid a sell side broker getting cheated out of their fee)
- Commercial See Tom’s outline at $1,000 flat fee post both sides of the Canada USA border.
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