Showing posts with label Commissions. Show all posts
Showing posts with label Commissions. Show all posts

Wednesday, February 11, 2015

I have an agent but he's busy


Are you under contract or intending to use another realtor?

" Yes I'm working with an agent. I like to look at places before I call him. I don't want to waste his time. Anytime after noon will work for me. Can you tell me what the condo fees include, what the tenets pay in rent, how long have they been there?"

How would you respond?

David Pylyp

647 218 2414


Wednesday, January 28, 2015

Toronto Home Buying Rebates


You found a house yourself online.
You picked an agent to show you that house based on the rebate offered.

You bought the house based on the rebate.  They showed you the house (never previously seen) and you bought it.

You didn't take the Home Verified Report nor the Home Buyers Insurance for appliances, wiring or plumbing.

How can I help you now?


Real Estate is about making the right decisions.

Call me 647 218 2414

Friday, January 16, 2015

feeDuck - No thanks

So many new business models think everything online is FREE.




 ..as an agent bidding on a potential listing, you have to pre-provide them with a credit card to charge their fee IMMEDIATELY upon winning the bid... BUT there's no guarantee the owner will list at a realistic price, and no guarantee they won't change their mind about the listing. The agent bids on a 'listing' but it's not a legal and binding MLS listing, just a form filled in by the potential seller. 


So let's recap

I don't know if your asking price is reasonable...
I don't know if you have more debt than house...
I don't know (yet) if you are the real owner...
I don't know how clean your house will be...
I don't know if you have PETS...
I don't know if you have done inspections...
I don't know how long it will take to sell...
I don't know if you will find the offer acceptable to take...
I don't know if you are buying another house... 

You want me to Attract Purchaser with;
Produce video...  Youtube and unbranded Versions
Take Hi Res Images...
Advertise and Promote Online and with Social Media
and pay for brochures in full colour.
Say abreast of legislation

When I earn money I also pay taxes.

You want me to share a standard Co operating Commission.

The Buyer ALSO wants a REBATE....


Two people cannot save the same commission. Yes, the barriers to Real Estate sales are easy.  They teach you to fill out a real estate form.  Working in Real Estate for 25 years provides experience and observation. 

Ask for References!   Ask if they have other employment.  Ask for Samples.

Having the right answers at the right time is the Value that I bring to Homes sales in West Toronto  A real estate transaction is about building trust; a relationship that is transparent, honest  and intuitive.

Call me 647 218 2414






Tuesday, January 1, 2013

When Did Real Estate become cheap?


1) Why do you buy real estate?

To Make Money

2) Why do you sell Real estate?

To Make Money

3) Why do I sell real estate?

To Make Money and provide for my family

My office is being repainted. A Number of bookshelves and display items were moved. One that resurfaced was my Listing Presentation Binder. You know; That Vinyl Bound three ring binder with all the plastic sleeves we took to your kitchen table, My History, My career in real estate, What my average sales percentages from asking price are, How many listings I expire unsold, why I am intimate with your community, why my company is well placed to service and handle your sale, Hard  copies of Advertising and Property Presentations. Stuff that Sellers should be asking a Listing Agent

I had worked on this book as a Presentation in progress as it spanned 10 years of experience and homes I had sold.

Amongst those sleeved papers were RECO rulings for other members crossing the line with Advertising, Non disclosures, Ethics Decisions and a Form that I signed with RE/MAX in 2000.  Yes.  13 years ago. The single page Agreement indicated that I would not advertise inducements to obtain business. That meant;

  • No Kick Backs for Furniture 
  • No $1,000 Gas Cards
  • No Ipads
  • No Cash Backs

This book has not been updated since 2006 when I moved to a Powerpoint Presentation for my Laptop, then updated again when I moved to the iPad.  I regularly receive calls from Sellers that want nothing to do with Marketing, Pricing, Presentation or Negotiation,  they just want the commission rate.  How much do you charge?

Buyers call and TELL ME! That unless I pay them 50% of the GROSS commission they will not purchase with me. I was recently told that [the buyers] are doing their own search and expecting the Listing Agent to cut his commission to make the deal happen.  The FOCUS should be on purchasing a property at a good value compared to the market conditions and recent sales, moving you from pre approval to a FIRM commitment to Finance and to prepare with you for your Statement of Adjustments and final closing.  You can look online for anything you like on my VOW but How will you know which house is a deal and which house is not? I provide the experience to interpret the data and help you move forward with confidence. 

Now we add some perspective. From another real estate source, we can glean that of 34,000 Licensed Real Estate Agents registered in Toronto worked on 80,000 transactions that happened in and around the GTA trading area. Of those registered 6,000 did not sell a home in 2012, while approximately 5,500 averaged one sale. The Author suggests that unless you are selling a minimum of 7- 12 units a year you are not necessarily earning enough to be a full time agent.

What promoted this post?   I received an offer to List for Free*

If the first opportunity to meet and represent your interests is attracted by a FIB, How will our future transaction progress? If the services I offer you have no value  How will I value the equity in your home?  When did selling a house become a BOGO, Two for One or Cash Back Offer? 

When did selling a House become cheap?

Add your comments






Thursday, October 18, 2012

The Private Sale - Etobicoke Real Estate

Pre- recession in the 90's the Big For Sale by Owner [FSBO] concept was Peartree.  Now we have Comfree and Property Guys. They give you a sign, some frames for your open house placards, some general instructions and you are on your own!  They post your ad on their website. Some add your listing to the MLS System.

The traffic and inquiries seem perfect?  But where are the offers?  Who helps the Buyers to move forward and create some urgency and focus?

Now what?   This video really gives a few life examples.


Yes, everyone would like everything to cost less. Etobicoke Real Estate is about knowing the community, giving context to all the available data, having insights about values and helping you decide the very best course of action for your family.

I am very prepared to negotiate for my commission, but remember, If I cannot negotiate my fee, how can I handle your equity?  The David Pylyp Group has 3 pricing structures to help you decide what level of service you need. http://youtu.be/9CK_T-drfrE You tell me.

Call me today!