Great Canadian Realty Saves Consumers Thousands in Commission Fees with New $995 Sales Package
BURLINGTON, On.– The revolution in real estate has received a massive boost from Great Canadian Realty Inc. as the family-owned company announces its new program to help people sell their homes on a flat fee basis starting from $995. Company owner Mia Prince notes that the commission structure that has driven real estate sales in Canada for generations is outdated and she says it’s time for realtors to accept a more realistic fee for services rendered.
“It’s a common misconception that real estate commissions have always had to be set at five or six per cent of sale price,” she notes. “That’s simply not true.”
“What’s more interesting for our clients, however, is that recent changes to Canadian competition laws have created opportunities for consumers to sell their homes using many of the tools formerly available only to realtors. That lets us give homeowners more control over the sale of their own homes and, with Great Canadian Realty’s flat fee package, it means consumers can save thousands of dollars in real estate commissions.”
Ms. Prince notes that a five per cent real estate commission on a $350,000 house would cost a homeowner $17,500. With the Great Canadian Realty plan, homeowners might pay as little as $995, depending on which options they want to include and how the purchaser is introduced to the property.
Unlike plans created by discount brokers and For Sale by Owner organizations, the Great Canadian Realty plan guarantees the involvement of a licensed real estate salesperson and standard features include:
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A Comparative Market Analysis (CMA)
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Verification and measurement of all rooms
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Installation of a “For Sale” Sign
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Explanation and completion of all listing forms as required by law
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Full listings on the Multiple Listing Services (MLS) website
Numerous other features are included with the basic service and additional options – such as production of a virtual tour and realtor involvement in the negotiation of a sale – can be selected for additional fees.
“Four out of every five Canadians now start their home search online and real estate professionals need to change with the times,” Ms. Prince adds. “This $995 package is Great Canadian Realty’s way of doing exactly that.”
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