Greater Vancouver Realtors Statistics Package April 2024
How Selling is Done
1. SM Where’s the Traditional Agent’s motivation to sell your property when he or she will get $21,000 in commission regardless of who sells the property? Sample Listing 6% Commission 3% Listing Broker $700,000 HOUSE 3% Buyer Broker $21,000 May cost you $42,000 in commissions MOST BROKERS $21,000 CHARGE TOO MUCH
2. SM IF 4.75% Commission 2.375% Listing Broker $700,000 HOUSE 2.375% Buyer Broker $17,500 LOWER COMMISSION TO BUYER AGENTS COULD RESULT IN LESS SHOWINGS! MOST BROKERS SPLIT THE COMMISSION $17,500 THIS IS A LOT MONEY JUST FOR WRITING A LISTING, ISN’T IT?
3. Broad street $750,000 Buyer Agent commission 4% Broad street $750,000 Broad street $750,000 Broad street $750,000 Broad street $750,000 Buyer Agent commission 3.5% Buyer Agent commission 3% Buyer Agent commission 2.5% Buyer Agent commission 2% Which house would you show first if you were an agent? MONEY MOTIVATES ! 1 2 3 4 5
4. SM TIERED COMMISSION OPTION Under $100,000 $100,000-$250,000 $250,001-$500,000 $500,001-750,000 $750,001-$1million $1million + 7% 6% 5% 4.75% 4.5% 4% If you prefer to pay a commission, please follow this schedule as a guideline; however if you choose “A LA CARTE” , then you may SAVE THOUSANDS OF DOLLARS MORE !!!!!! FULL SERVICE with Real Estate America * We always give the Buyer Broker a larger Commission split to make your property more attractive to other agents!
5. SM WE PAY AGENTS MORE MONEY TO MOTIVATE THEM TO SHOW AND SELL YOUR PROPERTY Sample Listing 4.75% Commission $700,000 HOUSE WE MAKE THE COMMISSION WORK FOR YOU! 1.75% Listing Broker 3% Buyer Broker $12,250 $21,000
6. SM WE PAY AGENTS MORE MONEY TO MOTIVATE THEM TO SHOW AND SELL YOUR PROPERTY Your cost: $33,250 If 6% Commission=$42,000 YOU SAVE $8,750 $42,000 --- 6% Commission $33,250 --- REA’ S Commission $ 8,750 Full Service 4.75% Commission $700,000 HOUSE 3% Buyer Broker 1.75% $12,250 $21,000 3.00% $21,000
7. IF 6%, Commission= $42,000 Commission $21,000 A La Carte Fee $3,675 Total: $24,675 PROPERTY OF $700,000 3% Buyer Broker COMMISSION Open House: $500 Listing Fee $500 $21,000 Your cost: $3,675 YOU SAVE: $17,325 ($42,000 - $24,675 = $17,325) Contract Presentation: $500 House Inspection: $350 Termite Inspection: $250 Settlement / Closing: $500 Miscellaneous Fees: $1,000 FULL SERVICE A LA CARTE MLS Fee $75
8. SAY NO TO OUTRAGEOUS COMMISSIONS MAKE YOUR MONEY WORK FOR YOU GET BETTER SERVICE AT LOWER COST We Are America’s Affordable Way To Move IT’S TIME FOR CHANGE
Notas do Editor
This is what happens when you list your property; they split the commission in half, 3% for themselves, 3% is offered to the buyer broker.
This is what happens when you list your property; they split the commission in half, 3% for themselves, 3% is offered to the buyer broker.
This is what happens when you list your property; they split the commission in half, 3% for themselves, 3% is offered to the buyer broker.
This is what happens when you list your property; they split the commission in half, 3% for themselves, 3% is offered to the buyer broker.