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Vic Singh
Sales Representative
RE/MAX Realty One Inc.
Brokerage
Independently owned and operated.
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By meeting with homeowners on a daily basis I've realized that there are some concerns that are very common amongst all of them.
I know sometimes people think that this is "too good to be true" or "what's the catch?". I hope to answer some of the common concerns here.
1. How much commission do you charge? - I charge 1% commission for myself and if another agent brings in the buyer then his commission is 2.5%. Maximum commission you will pay is 3.5%.
2. What's the catch? - There is no catch. All the listing agreements are very standard and in plain English. No fineprints, No hidden costs. Obviously if the house does not sell you don't pay anything.
3. What do I get for this 1% commission? Is MLS included? - Yes the listing is uploaded on the MLS with over 30 pictures and a virtual tour. For more details on exactly what is included please click here.
4. Who selects the asking price for the house? - You do. I provide with a detailed report (CMA) on exactly what houses in your area have been selling for, how the market is doing, how long it will take to sell and what price it can sell for. This allows you to make an informed decision.
5. What if I'm not happy with your services? - If for any reason you are not satisfied with my services my brokerage will cancel the listing. No penalties or fees will be charged! If you are not happy working with me and I won't tie you up in a contract. It's just bad karma.
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6. Should I expect bad service because I'm paying less? - I can understand that being one major concern. However, if you look at the quality of work that I provide (photos, virtual tours, Feature sheets etc..) you can see it is up to par with other agent (if not above). I reply to all my emails within 13 minutes! You are welcomed to speak to any of my past clients to get a reference check. I keep you updated on your listing and the general market twice a week (if not more). I know you can cancel the listing at anytime with me so there's always pressure to keep you satisfied.
7. Do you have knowledge of the Brampton real estate market? - Yes. I specialize in Brampton. You can see more my recent sales for proof of that. I also personally view up to 10 houses per day on my own just to gain more and more product knowledge. That's over 3000 houses per year. I also author a Brampton Real Estate blog,
8. Do you hold open houses? - Yes I do. Open houses have lost their effectiveness recently because of the internet. But their is still a chance the right buyer will come through during the open house |
9. How are you different then any other agent at a small company charging 1%? - I'm different in a few ways.
a) I work at Remax. It's a premium brand for a reason. They hire only the most professional receptionists and administrative staff. This ensures that any calls that come in are dealt with professionally. We have 24 hour answering service. It's not a "one man show". I pay extra per month so that my clients get the best service. Remax also has more signs on the lawn. About a 38% market share in Brampton. More signs mean more calls coming in from buyers. The Remax website is the most sought after real estate company website in North America (based on an independant study). If a discount company is charging 1 percent and I'm with Remax charging 1 percent which one would you like to choose?
b) My track record. From looking at my recent sales you will be able to see I sell a lot of houses in Brampton. I don't say this to brag about myself but just to make the point that lots of other people in Brampton have already trusted me with their houses. You are welcomed to speak with them if you like. It also means that I know what is in demand in Brampton and what type of buyers will want to live here. I also inspect up to 10 houses per day on my own just to stay up to date on the market. I want to make sure I know what's selling and for how much.
c) Another reason I'm different is the quality of work I provide. I don't know what other agents charging 1 percent are doing (because it varies agent to agent and I don't want to generalize) but compare my virtual tours, photos, and Feature Sheets to theirs then you make the decision. |
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