Zero Commission - Fact or Myth?

I tried to sell my Winnipeg home through Comfree without success. Even though I had my property listed at $169,900 for the first 3 weeks, I didn't even get one offer.

So I called The Michael Leclerc Team in Winnipeg. After Michael explained their strategies to me, I listed my house at their recommended price and within 5 days we received 4 offers! My house sold for $183,000. I netted more than I was asking privately!

Michael and his team were FREE, Zero commissions net, no headaches, no hassles, just top market value through strategic pricing and marketing.

Thanks to The Michael Leclerc Team for exceeding my best expectations!

Melanie Rennie

Sold for 15% or $21,000 over list within 5 days!
Thank you to the Michael Leclerc Home Selling Team for selling our home for $21,000 over list price within 5 days! After considering other agents and selling it ourselves, we chose to do business with Michael and his team. The results were outstanding!

At our first meeting when Michael said he could sell my house for free, I admit I was sceptical. But when he explained his strategy to sell our home, we were on board immediately. We actually netted $5,000 more than we expected AND paid 0% commission. Michael had his entire Team working for us for free! Thanks for your professional service from start to finish. We shall recommend your services to others.

Lloyd & Lori Sciberras

We used a Realtor and Earned $12,000.
Over the last few years we sold homes privately and when it came time to sell recently, we had already considered selling our home for $155,000 privately after studying the market. We sat down with Michael, identified with his strategies, marketing and timing. Subsequently, we received 5 offers and sold our home for $175,000 netting $12,000.00 more than we would have by selling on our own. Thank you Michael for the expert advice and guidance throughout our sale. We will definitely recommend you to others.

Kelly Bjornson and Ron Bilawka.

 
Simply fill out the form below for a free over the net evaluation of your home to help you identify an approximate value of your home in the market. From this, we can help you with a strategy to achieve a Zero Commission scenario.

 

 

 

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Commission - Fact or Myth?

Does any situation truly represent zero commission?

For Sale By Owner (FSBO) companies claim to save you the commission, but they charge a fee. Call it commission or fee; you are still shelling out money. What really matters is the number of dollars that end up in your pocket. Right? Though the up-front FSBO fee may be less than the percentage a REALTOR would charge, you can expect to pay an additional up to 3% of your final price in sales-related costs.

Actual profit is realized only when you consider your NET dollars received. All of the hype, talk, propaganda and associated claims from Zero Commission companies does not answer the BIG question: Can you realize more money by selling yourself? Consider that if you want to net $100,000 does it really matter how that is achieved? What if the net was more? What would be the cost of such a transaction?

For Sale By Owner is just as it sounds, a homeowner trying to sell their home without the assistance of a REALTOR. Can you do this, sure! Do they actually get their house sold, sure! Is it typical? No. About 80% of FSBO's end up listing their homes with a Professional REALTOR anyway. Here's why:  

  1. Buyers work with agents. Most look at MLS listings. In January 2008, there were approximately 540 properties for sale on MLS. There are approximately 107 properties for sale on Comfree. This represents approximately 80% of the marketplace listed on MLS. Sell it yourself and the buyer may not see or hear about your home. How do you find that "right" buyer or get top dollar when you're invisible to most of the market? Agents also ensure that the buyers are qualified to purchase the home.
  2. FSBO's typically don't know how to set price. If you're not aware of market trends, the number of competing properties, current listing features and pricing, changes in mortgage rates and a multitude of other pricing influences, you might not be in the best position to judge the value of your home.
  3. Homeowners are unsure how to show their property safely. In order to sell your own home you must be prepared to show potential buyers around the property. If you are uncomfortable doing this or feel that your circumstances would make you especially vulnerable it would be wise to consider using a traditional real estate agent.
  4. Agents know the market. What's the target market for your house? Young couples, retirees? What features do they want? You should know these things before you write your ads. An experienced real estate salesperson will know.
  5. Agents have the resources. And you don't. Agents have books of sold properties to look at, for example, to determine the best price for your home. You can dig through civic records, but you do have to value your time too, right?
  6. Are you a good salesperson? Can you develop rapport and properly answer objections? Could your defensiveness scare off a buyer who criticizes your home? When did you last learn a new negotiating technique? Can you counter-offer without scaring off a buyer? A good agent is trained in these skills.
  7. You may not save anything. The documents, the newspaper advertising, and the signs for the yard - it's all your expense when you sell it yourself. After your hard work, you may get low offers and negotiate poorly. Honestly, statistics show that sellers often net less money from the sale when they try to save the commission.
  8. Your FSBO will get lower offers. Naturally, the buyer thinks you'll take less because you're saving the commission! Save a $10,000 commission, get $10,000 less - where's the advantage in that?
  9. Advertising is expensive. The costs the real estate office normally pays are yours if you sell it yourself. How much could you spend on ads if it takes a year to sell?
  10. Real Estate Agents know the laws. What about written disclosures, and who pays for the real estate transfer tax? When you sell it yourself you don't get to ignore the laws.
  11. Paperwork. Will you help the buyer properly fill out an offer to purchase? An agent would. Do you have the other closing documents ready?


We offer a simple solution

Tell us the net dollar amount you want for your home, or better yet - don't tell us. We provide you with the info to make a decision and sell your home with a true Zero Commission scenario. We will:

  • provide you with an initial Over-the-Net evaluation to help you establish an approximate value of your home.
  • explain our proven market strategies to NET you the dollars you want and need.
  • give you the benefit of 100% exposure to the marketplace.

Get what you want for your home AND get professional service AND pay zero commission.
And that's a fact

 
This information is courtesy of The Michael Leclerc Home Selling Team
Century 21 Carrie.com
1046 St Mary's Road Winnipeg MB R3M 5S6
Phone: 204-987-2100 Fax: 204-987-3431
michael@winnipegrelocationsystems.com Privacy Policy