Showing posts with label Mere Listings. Show all posts
Showing posts with label Mere Listings. Show all posts

Saturday, June 25, 2016

$75 Credit Card Deposit will get you Listed on REALTOR.ca

Yes It's True.  Some brokers will post your listing onto MLS.ca for a flat fee of a few hundred or less.
you can with a $75 Credit Card Deposit will get you Listed on REALTOR.ca

Now you listing will show on the MLS advertising site but typically cannot be found by address search because London or Kingston agents generally do not belong to the Toronto Real Estate Board. [Current membership is 44,000 agents in Toronto that you are excluding]

You handle all the appointments and deal with every agent who calls and enquires about the house.

The public is also calling you; asking questions

You have the right to:
1.0 Mislead
2.0 Obfuscate
3.0 Never disclose pertinent details
4.0 Does the basement Leak?   Never Lies

You will never have a Multiple Offer because you have no obligation to play ethically or by any standard of conduct ( RULES don't apply)

The reality is a real estate agent instill confidence and educates a Buyer to move forward.

We help direct financing, legals and inspections.

Self Sellers want the highest prices.
Guess what
Home Buyers also want the best price they can get.


What's different?

I promote all the houses, all the solds, all the FSBO, all the mere listings.
AND I provide Matterport


Call today

Tuesday, March 10, 2015

Buyers Target Private Sellers because they save more!

When does it pay to go after a Private Sale or Mere Listing?


When they are negotiating for themselves..

“The average reduction from the private seller’s asking price and the price paid was 8.7% which is a significantly larger discount than the market average of just under 5% over the same period.
“Several people said that they actually targeted private sales because they knew they would buy more cheaply if they didn’t have to negotiate through a professional agent and in a couple of instances boasted that they had saved more $60,000 by buying privately.

What's the logic of that? 

“In all but two cases the buyers considered that they purchased their property more cheaply because there was no agent involved”, he said.
“When asked if they took into account the fact that the seller wasn’t paying an agent’s fee, every buyer surveyed said yes and that they expected to and in most cases did negotiate this amount and more off the price of the property.
“Several of these buyers even stated that the seller willingly offered up that they would look at a lower price because they weren’t paying an agent.
http://www.cprea.com.au/real-estate-accreditation-blog/?bp=23&nid=7717
So if you are selling and you want more; use a full time REALTOR 

David Pylyp   647 218 2414

Friday, October 10, 2014

Purchase a Private Seller

I recently received an email from a person who was going to buy through me a few years ago but then changed their mind. They sent me an email asking for some help. One of their kids bought a house in Oakville.

The deal is now firm, and wanted me to find out more about it. 

I sent her an email saying that his agent should have provided him with all the information. 

She let me know that it was a private sale and even the lawyer was wondering why the sellers wanted to sell so quickly. 

Guess they should have used an agent.

With no representation on either side, there is no one to hold accountable.

When you buy you can have;
Your deposit is insured when held by a real estate company.
A Home Verified Report of PAST insurance claims.
Purchase Ownership History
Do a Home Inspection
Home Systems Insurance is available for Appliances and Wiring / Plumbing
Ask about things Buried in the ground ( tanks or septic)
Ask About Wiring Knob and Tube
Are there any items contain in or on the property that will impact getting insurance or financing?
Has Anyone died in the home?
Was it ever used for Notorious Means?

Don't you ask?
I do.... everytime. At the offer in person.
Call me



Sunday, November 10, 2013

What is your commission?

When PROSPECTS call me and ask... What is your commission rate? I would answer with a response about sharing, Gross Commissions and "That commissions are always negotiable."

The response was predictable; We only want the price on the phone, They Hang up and Move On.  Now, when they call I give them 2.5% (We can negotiable; if you have another transaction tied to this.[purchase another home]  Never more than 2.5%

There are TWO parties to the offer.

The Selling Agent who brings the client.   

While 85 to 90% of Buyers may start the Home Buying process online, by the time they get to your door they have been educated, pre qualified, obtained a financial commitment from a lender and are under a Buyers Agency Agreement with someone [or possible committed to working with an agent but are not yet under contract with a Broker]

Will you be paying a Selling Broker's commission?  Will you offer more or less that what is average in your marketplace. **It is clearly in conflict with our regulatory body (RECO) for me to interfere with another Broker's Contract. In Plain English, I cannot ask my fellow realtor to discount their commission. I do not know what they are charging their client and may already be offering inducements or incentives. Co operating Broker's Commissions are clearly posted on the Listing forms and repeated on the printed data sheets. These averages are information that is available to you when I present you with the Comparable Market Evaluation (CMA) as I have usually selected 3 or 4 properties that have recently sold and I will be reliant upon these details when defending your asking price.  

I will defend your position to the best of my negotiating ability. I will not disclose your circumstances for selling, URGENCY, motivation or lowest Price. I will keep your secrets. When Agent's call, and they will, they directly ask What will you take?  The best response is that "I know they will take the ASKING PRICE."

So let's examine what I do in a transaction,  I price your home, present you with Print and Video Material, deal with survey, amendments, inspections, contracts and distribute to all involved in this transaction. [Buyers] need to know What might impact their future value by what is being built around them, [your home]  anything that remains in or on the property IE. OIL TANK buried in the yard, or anything that could impact obtaining financing or insurance like Knob and Tube Wiring. I would urge Home Buyers to Obtain a Home Verified Report to confirm if any insurance claims have been made in the last 5 years. 

In all I would suggest to you that easily 30 - 50 hours could be accumulated on your file; prior to the time we attend with at your real estate closing.

Let's examine the LISTING AGENT's of that Commission.
  • Every Agent must pay their Broker. It's a cost of being in business. Licensing, Insurance, in addition to Memberships. 
  • There are the Marketings costs, Brochures, Video, Photography, Time and efforts for websites, online and Social Media Advertising. 
  • The balance is Income for Me. Less the tangible expenses of gasoline Insurance, vehicle lease, cell phones and equipment, cameras and computers and my Friends that Calculate and collect Income Taxes. 
IF I am Listing a house for a few hundred dollars;  Which category can reduced?

THEN How do you expect to achieve the highest value when selling your home IF you do not advertise or promote your property to attract the largest POOL of available shoppers?

Meeting an agent who is prepared to handle your sale from Listing, Pricing to Negotiation (and we hope Multiple offers) and sheppard your transaction, DRAMA free, to the closing table; Anticipate what the hurdles might be and bring in the health care, legal or financial talent to help you as required has value over the inexperienced agent or mere listing that merely offers the illusion of a lower price. Selling yourself is an option but unless it's a smokin' Hot Deal, Buyers are not going to find you.

What is my commission rate?  Usually less than 2.5% Let's Negotiate...

Saturday, November 3, 2012

Whats the Big Deal - I can Sell it Myself

With Internet, computer technology and apparently free advertising there should be a plethora of venues and opportunities to sell IT yourself.

You are saving VAST sums in commissions so you spent the savings on lavish colour brochures, a stunningly presented video about your residence, neighbourhood and amenities. Then added the RAW picture files as a pictorial online.

No...    Why Not?

Lets Examine a potential Transaction;

Remarks for Brokerages:  For All Appointments and Inquiries Contact:  The Home Owner directly at 647 218 2414 Email all offers to david@davidpylyp.com  Agents Welcome Commission Negotiable Via Seller-Use Form 202 -The Seller Has Reserved The Right To Sell The Property Themselves In The MLS ® Listing. 
CB Comm:$1 See Remarks  

Showing your house, is easy. I called and booked an appointment to show.  You agreed that IF we have an offer you are aware of Form 202 from the Toronto Real Estate Board. Sounds like you are Ready and Prepared.  I have a prospect in tow and hope you will not oversell your built in shelving and your son's woodworking project in the basement workshop. 

The Buyers likes your house; your asking price, IMHO is slightly optimistic but they are prepared to Negotiate. After showing a number of comparable properties we have a FIRST round offer. I need to present a Form 202 Prior to entering into a negotiation with you about the value of your home.

Now you feel my value is $1. The Buyer cannot add any expenses, surveys, inspection or taxes of the purchase, nor my commission to the Mortgage, as they generally are using their entire resources for their down payment. 

I need to continue with this Buyer through the counter offer (you didn't accept their initial offer) and explained you feel that your house is worth more [but the comparables do not support that conclusion.]

I do not want to argue LOGISTICS or Terminology or Timelines with you. No, you will not hold the deposit funds.  It is not my responsibility to explain your options to you. I represent my Buyer.
My Buyer clients often need support -- even hand holding -- during the buying and selling process. They need financial planning and approvals. They cannot call a website at night because they are having an anxiety about payments and budgets; Buyers remorse or second thoughts and detailed questions about what they already saw that's sold. It would be nice if they did, but they call me instead.

Websites are perfect for viewing homes for sale, but they however do not provide much in the way of service and are not the new, competing force in the marketplace. Interactive Web 3.0 sites have been around awhile and is here to stay. They have plenty of competition as they compete for consumer eyeballs.

The ability to find homes on the Internet is no longer impressive. Real estate experience and the ability to help buyers sort and filter data, to find and buy the right home for the best price is a valuable service that the Internet still cannot provide.

Updated Listing Kits are being assembled now. If you are considering Selling and you would like to examine one;  call and I will deliver this to you. Buyers receive a Satisfaction Guarantee.

416 233 9000 or 647 218 2414