* Traditional MLS® brokerages charge 3.5% of the first $100,000 and 1.5% of the balance of the sale price for their listing services. Not all traditional MLS® brokerages charge the same. ** Only show the savings of the listing service charges.
Turn High Commissions into Fair Commissions!
Selling a property isn’t as easy as, well, selling a property. The process is packed with plenty of other expenses nobody warns you about, including costly commissions. In Calgary, most home sellers typically have to pay 7% of the first $100,000, and a further 3% of the balance of the sale price to both the listing and buying brokerages. Both brokerages enjoy an equal share of the pie. This traditional process can really set you back a pretty penny - we’re talking about tens of thousands.
At Fair Commissions, we do things differently - rewarding you for choosing the smarter way to sell your home in Calgary. We proudly represent and support sellers by charging a fixed amount of just $799 or $4,200 plus GST.
What Is Mere Posting Package?
“Mere Postings” fall into a client relationship in which the real estate professional gives limited service. A “Mere Posting” is a listing on a Member Board’s MLS® System where the member has chosen or agreed not to provide services to the seller other than to submit the listing for posting on MLS®. AS a result of the very definable work that a REALTOR® does for a mere posting, the traditional commission-based remuneration has given way to a comparatively small “pay in advance” flat fee. This is the best option for DIY sellers in a cost-effective way.
Simply speaking, a real estate brokerage provides a mere posting service means to upload your listing to MLS® System / Realtor.ca only without other obligations.
At Fair Commissions Realty, we extended mere posting by adding more services into it. Other than uploading your listing to MLS® System / Realtor.ca, you get more, in-home consultation, professional photography and measurement, list of comparable sold properties, market updates, legal document templates, and customer service. All are included.
What Is Full Service Package?
Want to get more covered? No problem! We have a full-service package for you. In addition to the services included in the mere posting package, we provide agency representation services, including home evaluation, for-sale sign and REALTOR® lockbox, coordinating REALTOR® showings, preparing all transaction documents, reviewing and negotiating offers, holding deposit, conveyancing transaction to lawyer, and liaison throughout selling process. More important is that you pay a discounted commission for our listing service upon a successful sale. No sale = No Fee!
Even if you were to choose the full-service package and your house did sell, you’d still save tens of thousands on traditional fees and commissions. If you ask us, using our discount commission listing service just makes sense.
How About Buy's REALTOR®? To Lower Or Not To Lower?
As above-mentioned, typically, a home seller pays the commission to both the listing and buyer's brokerages. We have reduced our listing charge, how about the commission to the buyer's brokerage?
While other discount commission realty companies suggest other pricing strategies to their sellers, like paying $3,500 plus GST for properties less than $700,000 or just 1% of the sale price plus GST, the industry tradition is 3.5% of the first $100,000 then 1.5% of the balance of the sale price plus GST. We strongly advise sellers to stick with the 3.5% and 1.5% rule of thumb. While it’s your decision, you can make sure you enjoy the same listing positions as others with equal exposure. Our goal is to help you sell for the highest possible price, so please rest assured that we keep your best intentions at heart with every piece of advice we give you.