LISTING OPTIONS FOR CANADIAN HOME OWNERS


TRADITIONAL REAL ESTATE LISTING SERVICES

1. FULL-SERVICE:

When you list your home using the full-service, real estate option, you are engaging the services of a licensed, real estate agent. This option may not necessarily sell your home faster, and commissions are substantially higher than any other option available in the marketplace today; However, there are some advantages to choosing this option.

Advantages:

• The agent will have the knowledge and skills necessary to negotiate the sale;
• The agent will have access to the MLS system.
  

2. LIMITED-SERVICE

When you sell your home using the limited-service, real estate option, you are listing your home exclusively with one agent.

Advantages:

• The agent will have the knowledge and skills necessary to negotiate the sale;
• The agent may have access to the MLS system, and
• Commissions are generally lower than if you were to work with a full service agent.
  

BY-OWNER & BY CMC

3. BY OWNER:

Selling your home using the for-sale-by-owner option means that as the seller, you are going it alone and that you get to do all the work. You will have to develop a marketing strategy so that your home will sell quickly, and for the best possible price.

To correctly price a home and establish fair market value, you need to have a carefully prepared, market analysis done, showing, not only homes that are currently on the market, and those that have sold, but also those homes that were on the market, but never got sold. If you wish a more detailed assessment of your home, then the services of a Certified appraiser may be necessary.

To attract passers-by, and to let everyone know that your home is for sale, you will have to arrange for a "for sale" sign to be place on the property. Also, you will have to carefully co-ordinate other promotional campaigns. You will have to show the home, host open houses, qualify the buyer, represent yourself upon the presentation of all offers, and negotiate the best possible price, terms, and conditions, for your. In addition, you will have to secure the initial deposit, order and represent inspections to the prospective buyer or agent, and submit all documentation to your attorney. You will have to keep informed on the mortgage, title, and other closing procedures once the closing has been accepted.

CMC LISTING SERVICES

4. FLAT-FEE SERVICE

CMC'S Flat Fee, listing system was created by CMC, in cooperation with a group of real estate agents who saw the need for a service that allowed home owners to sell their property without having to pay a full real estate commission.

This concept started in Calgary, Alberta; however, the system works with successful agents across Canada—agents from every Province share CMC'S vision of providing full-service, real estate listing for a flat fee.

HOW OUR FLAT-FEE SYSTEM WORKS:

In a real estate transaction, a CMC affiliate lists your property using the MLS system. If a buyer purchases a home listed by one of our affiliates, then both the buyer's agent and the CMC affiliate receive a commission at the point of sale. We feel that it is the buyer's agent who does most of the work; therefore, our idea is to list the property directly through the MLS system, making the listing commission unnecessary, by charging a one-time, flat fee.