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If you are looking to sell your house or condominium which could be a townhouse or an apartment you are in the right page, if you are looking to have an evaluation or appraisal of your home look no further, in Mississauga we have one of the top real estate sites and we are a top real estate company you can send us the above modulo or go to the appraisal page

Selling Tips

 

Why choose a Real Estate Agent and Especially us

 

There has been a lot written why Real Estate Agents charge as they do, it seems everyone knows more about the Real Estate industry that those that work on it. You can find articles in any newspaper and on any For Sale by Owner site on reasons why you should not use a Realtor®.

 

You can talk to anyone and they will tell you:

• “it is easy to sell a house just put a sign up”.

• “ how difficult can it be to sell your condominium apartment?”

•  “a lot of those Real Estate agents do not even speak the language properly”.

Then you may hear stories such as:

•  “My Real Estate Agent did nothing for me, placed the sign and we never saw him again, he was too busy to get listing”

• “Why are we charged so much? Competition laws do not seem to break into the Real Estate Establishment Fortress. Commissions have not come down at all”

• “All Real Estate agents are equals; I will get a flat fee agent or a discount broker

• “I will interview as many agents I can to see which one is the best (meaning the cheapest)”

 

Or read articles (they all have the same story), the following is an extract from an article which I had the pleasure to read:

“I've dealt with a half-dozen realtors during the past seven years, while selling two homes and buying three others. Last year, for instance, we sold a home in the $500,000 price range in the town of “a city” . It wasn't a perfect home,a typical suburban place with too much garage, not enough yard but a very nice one, including a full theatre room and a fantastic home office. We wanted to sell to make a move to “another town”, a little town in the northwest corner of “ a regional town”. One realtor we used to sell it was utterly incapable of articulating how our house differed from nearby, newer ones that basically were thrown up overnight and had cheap interior finishing. Another was clueless as to how to market a house in our price range, printing a cheap single-sheet black-and-white information flyer. (Our experiences were generally better on the buy side, except for one seller's agent who sought to discredit a skilled building inspector we hired who found that the foundation of a circa-1880 home was a rat's nest of rotting wood, faulty concrete, falling insulation and, well, rats' nests.)

 

Let me say that the individual who wrote this article had no clue whatsoever on how to sell a house. I will agreed with his statement as far as he may claim that all agents are not equals, it is true that most of the new comers are eager for business and have little knowledge on how the market works, but to generalize is like saying that all cars are the same and all mechanics are crooks, hence get a wrench and start working on your car because you are better than any of the mechanics.

But the real knock on realtors is a bit of simple economics that many people don't understand. Whether you're buying or selling, they rarely work in your interest. For the buyer, a realtor may seem like a dream—a "free" home-finding chauffeur, who then negotiates the best possible price. But the service isn't free—the sellers have likely factored the buyer's agent's 2.5 percent or 3 percent of the take into their price. Moreover, it's in the buyer's agent's interest to have you pay the most that you're willing to pay, after all, the higher the price, the larger their commission.”

 

“Economics”

 

• We are taxed at 8% provincial and 6% federally.

• Average commission for selling goods stands at 10%.

• Average gross margin of food stores stands at 25% and for clothing stores at 50%.
    

Those are expensive fees not the 5% which is split between two real estate salespersons who will have to pay, two brokerage houses and three real estate boards, the local, provincial and federal plus be insured to protect those that we help.

 

Let’s make a quick calculation on an average $ 300,000 house done with a real estate agent it will cost an average of $ 15,000.

 

What do we do with this money?

50% goes to pay another agent	7500
10% goes for office fees	1500
5% goes for advertising	750
3% goes for Miscellaneous (car, personal office, etc. etc.)	450
3% goes for soliciting business	450
0.5 % to amortize cost of signage	75
	10725
Profit	4275
Average 12 in a year ( a good year)	51300

 A hair dresser probably make more and works less hours

 

“A realtor rarely works in your interest”????

 

The average homeowner has a different point of view (emotional) of his house. It is natural to think your property is better and more valuable than others in the street, hence more often than not the average homeowner demands a price for his house which is not realistic. A Real Estate Agent to be able to earn his money has to value the property to make it competitive and be able to negotiate the price to get as much as possible. After all is in the interest of the person selling the house that the house gets sold, right??? The price is dictated by the market not the Agent, if the property is not marketable will not sell, the individual that wrote the article placed a value on the antiquity of his house and wanted more than a new one, what did he have to offer to make it more expensive??? Maybe because he owned it???

 

Why us

 

We are proud to offer a boutique of services, we are not a large brokerage house and all our agents are carefully selected to insure the highest quality of service for our clients. We have been in business for 20 years and have seen many faces of the real estate market, we also deal with investors and keep their real estate portfolio to insure growth in their equity. We are familiar with the various laws effecting landlords and tenants. Our commission is based on the amount of service offered but our quality is always of the highest standards…. Give us a call and you will be surprised on the service you will receive

 

If after all this you are not convinced that Real Estate people are worth what they say you can least your house on your own and Save 

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