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.


FOR SALE BY OWNER SERVICES

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.

HOW MUCH SELLERS SAVE:

Most traditional real estate offices charge sellers a fee equivalent to 7% of the first $100,000 and 3% on the balance of the sale price. The average home in Calgary sells for approximately $200,000 (Calgary Real Estate News - CREN, March 2004). This means that in addition to all the other closing costs, you will be responsible to the listing and buying agents for thousands of dollars in real estate commissions ... your Equity.

PAY OUT COMPARISON:

Listing with a traditional Brokerage:

Assuming the sale price is $200,000, your commission pay out would be $10,000.00 (7% on the first $100,000, and 3% on the balance of the sale price of $100,000).

Listing with CMC:

Assuming your home sells for $200,000, your commission pay out would be $5,555.00 ($5,000.00 to the buyer's agent (at closing), plus CMC'S flat fee of $555,00 (at time of listing), for a total of $5, 555.00).

YOUR SAVINGS:

Based on the above calculations, Your Savings, using our flat-fee service would be $4,445.00 on a residential property. For investment, ranches, farms, and commercial properties, Click here


5. BY OWNER & BY CMC:

HOW MUCH SELLERS SAVE:

Most traditional real estate offices charge sellers a fee equivalent to 7% on the first $100,000 and 3% on the balance of the sale price. The average home in Calgary sells for approximately $200,000 (Calgary Real Estate News - CREN, March 2004). This means that in addition to all the other closing costs, you will be responsible to your agent for thousands of dollars in real estate commissions ... your Equity.

PAY OUT COMPARISON:

1. Listing with a traditional Brokerage:

Assuming the sale price is $200,000, your commission pay out to the listing and buying agents would be $10,000.00 (7% on the first $100,000, and 3% on the balance of the sale price of $100,000).

2. Listing with CMC: Assuming your home sells for $200,000, and the "By Owner & By CMC" fee is $555,00, then your pay out would be $555,00.


YOUR SAVINGS:

Your Savings on a residential property would be $9,445.00 ($10,000.00 minus $555.00). For commercial, investment, farms and ranches, Click here


WHY LIST WITH CMC:

When you enlist the services of CMC, our team of Professionals will work with you to ensure that the process of selling your home is painless, efficient, and profitable instead of frustrating, time-consuming, and financially disappointing. CMC combines the latest technology with traditional know-how to create a marketing approach that is comprehensive, highly responsive, and effective. We work diligently to help our clients sell their home in the shortest period of time and for the best possible price…And our clients save thousands of dollars in the process.

If saving money is a consideration for you, then Click here so that we can help you get started on achieving your goal, TODAY.

"By owner and by CMC makes good sense!" says one Alberta homeowner.

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