One Percent Realty Victoria

 

Sell your home on MLS®

Full Service For $7950

(1% plus $950 for properties over $700,000)

 

What you save with One Percent Realty

Your House

Traditional
MLS® Broker*

Savings

$ 200,000

 $ 7,950*

 $ 9,000

$ 1,050

$ 300,000

 $ 7,950*

$ 12,000

$ 4,050

$ 400,000

 $ 7,950*

$ 15,000

$ 7,050

$ 500,000

 $ 7,950*

$ 18,000

$ 10,050

$ 600,000

 $ 7,950*

$ 21,000

$ 13,050

$ 700,000

 $ 7,950*

$ 24,000

$ 16,050

$ 800,000

 $ 8,950*

$ 27,000

$ 18,050

$ 900,000

 $ 9,950*

$ 30,000

$ 20,050

$ 1,000,000

$ 10,950*

$ 33,000

$ 22,050

  *compared with a broker charging 6% on the first $100,000 and 3% on the balance, not all brokers charge the same.

 

 

The Concept Behind One Percent Realty


One Percent Realty Ltd. was established in the spring of 1999. Market research suggested that the public recognized the value of a "middle man" for showing properties and negotiating a sale, but that they viewed prevailing commission rates as too high. The initial introduction of the One Percent real estate brokerage concept to the public was initially approved through a Remax franchise office, but then revoked it's approval shortly thereafter. As a result One Percent Realty Ltd. was incorporated. 

Real estate agents spend most of their time soliciting business. In fact, like it or not, most real estate agents feel that half of their job is done the night they list your home for sale. This is contrary to the seller's belief that when their property is listed that is when the REALTOR® job starts. By offering full service at a lower commission rate our salespeople spend less time looking for business and more time doing our job, which is selling your property.


Prior to the Internet, Buyers used to get in the back seat of a real estate agent's car and go on a tour of homes. The agent would have his/her MLS® catalogue of homes he was not allowed to give Buyer's a copy of. REALTORS® controlled MLS® information. This is simply not the way it happens anymore.

Nowadays with the Internet, consumers are empowered and in much more control of their new home search. Over 85% of Canadians who search for a home start their search on the Internet. Whether Buyers are looking for properties themselves on REALTOR.ca, or being automatically emailed MLS® properties directly from their REALTOR®, or other house hunting activities, nowadays Buyer's often know as much or more about their particular market and the homes for sale in it as their REALTOR® does.


It is no slight on other agents, but the buyer basically has access to MLS® and can check
www.REALTOR.ca 20 times a day, and their agent will not be doing that, no matter who they are.  These changes in technology and Buyer behaviour created the opportunity for the concept of One Percent Realty to flourish.

When a Buyer sees a home that meets their criteria and is their dream home they do not ask "How much commission is being paid here." It's not of concern to the potential Buyer. The Buyer is concerned with number of bedrooms, bathrooms, location, schools, and obviously the price.  Our listings are displayed everywhere that all the other listings are.  If you are a buyer looking in a given neighbourhood in a given price range (which is basically all of them), then you will want to see every listing in that neighbourhood in your price range. With the Buyer now in the driver's seat as a much more sophisticated consumer the real estate marketplace had changed forever.  Basically, the fox is in the hen house.

 A good product well priced will sell!!
 

If your home is well kept, and priced accurately, it will sell.

It has no relationship with the amount of commission you pay. With extensive experience in project marketing, we realized that there maybe an opportunity to market houses in a similar lower commission higher volume manner. Spending most of their time prospecting for business, the conventional agent requires a higher commission structure to compensate for the lower volume/lower listing success rate in the highly competitive real estate industry. With the help of the technological advances such as the Internet, cell phones and fax machines, One Percent Realty was able to reduce the typical real estate office overhead as well as leverage the productivity advances of its agents to create a successful discount commission business model. Whereby our agents earn less per house sold they make it up in volume of sales at the end of year. It works great for us, and it works great for our Sellers. We say at One Percent Realty, the more deals we do the more money we are saving our clients!

  

  Does it say anything about commission?


The concept behind One Percent Realty is that we provide you full service but a discount commission. For that full service on MLS® we charge just $7,950 for all homes under $700,000 and for homes over $700,000 we charge 1% plus $950. The '$950' aspect covers the typical disbursement costs to marketing and selling your home. Our agents provide all of the same services as if they would if they were to charge you a higher commission, the only difference being the amount of commission they charge you. Your 1% agent will help you determine the appropriate listing price, list your home on the local real estate board MLS® system and thus your listing will be on the popular realtor.ca where all the buyers look, enter the listing on the onepercentrealty.com website, take interior and exterior digital photos, place a house for sale sign (if applicable), advertise your property where the Buyers are looking, show your home to prospective Buyers, provide you advice and assistance along the way. Our goal, like yours, is to sell your home.

 

 

 

Free, Quick Market
Analysis
Over-The-Net
Name
Phone Number
*Address
*Email
Recent Renos,
if any
* required fields
Find Out What the
Home Down the
Road Sold for!
(or Anywhere)
Name
Phone Number
*Email
*Property Type
*Address
or Area
* required fields
'Hot Sheet'
All New Listings
& Price Changes
Name
Phone Number
*Email
*Min. # BRs
*Property Type
*Price Range
*Area
Additional Criteria
* required fields

What you get with One Percent Realty

 

Full  Exposure on the MLS® system

World Wide Internet Exposure on REALTOR.ca & OnePercentRealty.com

Experienced Professional Real Estate Agent

Market Evaluation

Digital Photos

Responding to Consumer & REALTOR® Inquiries

Showing the Property to Prospective Buyers

Assisting the Seller in Negotiating Favourable Terms & Conditions with an Offer

Cooperating & Assisting Other Brokerages Working with Buyers

Assisting in the Completion & Possession process

Newspaper Advertising (if applicable)

Open Houses (if applicable)

Signage (if applicable)

Full Service Brokerage at a Fraction of the Cost

 

Will Other Agents Show My Home?

 

The simple answer is yes. Our MLS® listings are shown, and sold, by lots of Cooperating REALTORS® all of the time. Logic would dictate that if our system was unable to attract Cooperating REALTORS® to sell our MLS® listings then we would be selling most of our own listings to our own Buyers. In fact, its quite the opposite. Over 70% of our listing sales are sold by Cooperating REALTORS® representing the Buyer which is inline with industry standards. That is the proof in the pudding that our system works great. 

You Owe it to Yourself & Your Hard Earned Equity
 

Spending $12,000-$20,000 or more to sell your home is a lot of money. If you are thinking about selling your home call your regular agent that you used last time, but this time also call us to compare our services and commission rates. Being full service agents, our agents provide free no obligation market evaluations just like the other guys. Please don't let someone else tell you about our system, let us tell you exactly what we will do to sell your home. You and your hard earned equity will be glad you did.

“The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.”

 

 

 

 


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