FLAT FEE vs FLAT FEE MLS Listing. Do you qualify to save?

Before I get in qualifications I'd like people to understand what a FLAT FEE MLS listing is.  In the market today there are many For Sale By Owner websites that provide you a "FLAT FEE" listing... which is a lot different from a  "FLAT FEE MLS" listing.

FLAT FEE Listing:  is basically a "For Sale by Owner Listing".  You get a For Sale "sign", "contract you can use", depending on how much you paid some contractual legal advice, a listing on their website.  What it fails to do is create Market Exposure for your home.

FLAT FEE MLS Listing:  you pay a flat fee to get listed on the Multiple Listing Service (MLS.CA / REALTOR.CA) and you agree to pay Buyer Agents a commission (usually 2.5%).  By getting a FLAT FEE MLS listing you are in effect hiring a fleet of agents to help you sell your house and you get the greatest Market Exposure.

When you choose my Flat FEE MLS listing package, you are not left alone in the transactional process.  You get my expertise to help you with the contractual details, plus I market your home on the Internet, (social media, blogs, e-mail blast, newsletter) and you get a credible REMAX "For Sale" sign on your lawn.

WHAT ARE THE QUALIFICATIONS for a  FLAT FEE MLS Listing?

FLAT FEE MLS listings aren't for everyone.  Many times you will need a full service MLS listing package and pay the 4%, 5%, 6% commission.  Here is the basic criteria for my FLAT FEE MLS Listing.

1.  You have to be a sophisticated seller. 
Sophisticated sellers will show an appreciation for current market conditions, be willing to price their home to sell and do the necessary work to have their home show well.

or

2.  You have to have a home in a great location that shows well. 
Homes in prime location and in great condition are ideal candidates for a FLAT FEE MLS listings.  If you are in the GTA, then call me and get a no-obligation free assessment.  You are throwing away your money if you pay full 5-6% commission.   

or

3.  Location, Location, Location
I know I've already said location... but it is worth repeating.  Houses and Condos in prime location and in 'decent' condition will sell.  So don't throw your money away by paying full 5-6% commission and use my Flat FEE MLS listing services instead.

WHAT DO YOU GET WITH MY FLAT FEE MLS LISTING?

Click Here if you are a Condo Owner

Click Here if you own a House

Click Here if you are a Teacher

Have questions?  Email or Call me below.

Jas Jagpal, BSc. York University,  Sales Representative
jasjagpal@rogers.com   Cell: 647-272-6629
www.jasjagpal.com

----------------- Disclaimer ----------------------------------------------------------------
“Different commission rates, fees and listing and marketing services may be offered by other RE/MAX Franchisees and Sales Associates in Canada.” 
Remax Dynasty Realty Inc. Brokerage  Independently Owned and Operated.  Not Intended To Solicit Buyers / Sellers under contract.
8 Shadlock St. Markham, ON L3S 3K9   O:905-471-0002

 

 

 

© 2010- Jas Jagpal, 

 

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com

 

Thinking of Selling a House or a Condo - Don't pay 5% or 4% commissions.  

 

FLAT FEE MLS listings is the way to go: www.SELLFOR999.com

Posted on: www.1stoprealestate.ca : www.LinkToMorningside.com: www.MarkhamBoxgrove.com

 

 

 

 

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Posted via email from Markham Boxgrove Real Estate Blog

1 in 5 Canadians own more than 5 homes in their life time!

My Buddy Mark Wayne from TD Canada Trust sent me this e-mail.  Excellent statistics for Home Owners, Buyers and Sellers.

Hello friends,

I thought I would share this article with you.  It ‘s about a 3 minute read & it shares the results of TD’s Repeat Home Buyers Report taken from August 12^th – 27^th.  Some great news for you AND me!!!

 

  - TD Canada Trust releases 2010 Repeat Home Buyers Report -

 

      TORONTO, Sept. 22 /CNW/ - There is no place like home, but for many Canadians, buying a home doesn't mean they plan to stay for long. In fact, one-in-five repeat buyers have owned more than five homes. Twenty-three per cent of those surveyed plan to move again within six years according to the TD Canada Trust Repeat Home Buyers Report, which surveyed Canadians who have either purchased or intend to purchase a home that was not their first home. Less than one-third say their next move will be their last.

Canadians are split on whether their next home will be larger (49%) or smaller (51%), but there is consensus that in their next house-hunt, they intend to find a fully detached home. Seven-in-ten repeat home buyers are looking for a fully-detached home - even those currently living in condos, townhouses or semi-detached homes are looking for fully-detached homes for their next purchase.

Financing their new home

Half of Canadians say the proceeds from the sale of their current home will be less than the value of their new home, meaning that they will need to take out a mortgage (51%).

Most home buyers will try to save money on their mortgage. Eighty-three per cent will put down as much as they can afford for a down payment. A further two-thirds say they will save on interest payments by choosing accelerated payments (weekly or bi-weekly instead of monthly). Sixty-one per cent will save on interest payments by choosing a shorter amortization period for their mortgage. Still, 21% say they will take out the maximum mortgage that they qualified for from their bank (this increases to 28% of those under 40).

"It is encouraging that the majority of Canadians are taking steps to save money on their mortgage," says Farhaneh Haque, Regional Sales Manager, Mobile Mortgage Specialists, TD Canada Trust. "I recommend that home buyers buy the house that fits their budget, not just their lifestyle. After all, if you buy a house that is too big for you to afford, you could be giving up that lifestyle just to pay it off."

Mortgages for repeat home buyers

Two-thirds of repeat buyers have a mortgage on their current home; 72% intend to use their current lender when they purchase a new home. The top reasons for switching among the remaining 28% are better rates (60%), better customer service (33%) and better mortgage terms (28%).

"There are many options available to repeat home buyers and a mortgage expert can help you choose the right one to save money so you can own your new home faster," says Haque.

The TD Home Buyers Report found that nearly 60% of buyers don't know that they have options or haven't thought about their options for their current mortgage. Haque offers these tips for buyers:

 

    -   Take your mortgage with you when you move. Many banks will let buyers

        take their mortgage with them, even if they need to increase their

        principal amount. This gets blended at the current market rate with

        the existing principal at its original interest rate.

    -   Use your mortgage as a selling feature. If the seller's mortgage

        interest rate is lower than current market rates, the purchasers may

        be able to take on the seller's mortgage when they move.

 

The TD Canada Trust Repeat Home Buyers Report showed that only one-third of repeat buyers bring their current mortgage with them to their new home and just 8% use it as a selling feature of their prior home, allowing the new owner to assume their mortgage.

Why buy another home?

The top factor that influences the decision to move is retirement (29%). Other factors include being bored of their current home (16%), investment opportunities (15%) and market conditions (15%). Fourteen per cent say they had always planned to move but were waiting to save enough money.

The top considerations for Canadians' next home are the layout of the home (98%), the size of the home (97%) - though they are divided on whether to go smaller or bigger -- and price (96%).

Selling their current home

The majority of home buyers plan to sell their current property before purchasing another one (84%). Of the remaining 16% who will keep both properties, 39% will use one as a rental property or investment property (20%).

Those selling hope to improve the resale value of their home by renovating (54%) or redecorating (52%).

Fifty-five per cent of Canadian home buyers are cautious saying they wouldn't buy a new home until their current home is sold - but 45% say they would put in an offer if the perfect home came up for sale and hope that their house sells.

 

 Wayne Marks (www.waynemarks.ca)

TD Canada Trust

Mobile Mortgage Specialist

GTA & Surrounding Markets

Tel: 416.294.9704

Fax (Toll FREE): 877.385.6414

"Getting your mortgage IS this comfortable!"

 

© 2010- Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

 

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com
Thinking of Selling a House or a Condo - Don't pay 5% or 4% commissions.  
FLAT FEE MLS listings is the way to go: www.SELLFor999.com

 Posted on: www.1stoprealestate.ca : www.LinkToMorningside.com: www.MarkhamBoxgrove.com

 

 Bookmark & Share

 

Posted via email from Markham Boxgrove Real Estate Blog

1 in 5 Canadians own more than 5 homes in their life time!

My Buddy Mark Wayne from TD Canada Trust sent me this e-mail.  Excellent statistics for Home Owners, Buyers and Sellers.

Hello friends,

I thought I would share this article with you.  It ‘s about a 3 minute read & it shares the results of TD’s Repeat Home Buyers Report taken from August 12^th – 27^th.  Some great news for you AND me!!!

 

  - TD Canada Trust releases 2010 Repeat Home Buyers Report -

 

      TORONTO, Sept. 22 /CNW/ - There is no place like home, but for many Canadians, buying a home doesn't mean they plan to stay for long. In fact, one-in-five repeat buyers have owned more than five homes. Twenty-three per cent of those surveyed plan to move again within six years according to the TD Canada Trust Repeat Home Buyers Report, which surveyed Canadians who have either purchased or intend to purchase a home that was not their first home. Less than one-third say their next move will be their last.

Canadians are split on whether their next home will be larger (49%) or smaller (51%), but there is consensus that in their next house-hunt, they intend to find a fully detached home. Seven-in-ten repeat home buyers are looking for a fully-detached home - even those currently living in condos, townhouses or semi-detached homes are looking for fully-detached homes for their next purchase.

Financing their new home

Half of Canadians say the proceeds from the sale of their current home will be less than the value of their new home, meaning that they will need to take out a mortgage (51%).

Most home buyers will try to save money on their mortgage. Eighty-three per cent will put down as much as they can afford for a down payment. A further two-thirds say they will save on interest payments by choosing accelerated payments (weekly or bi-weekly instead of monthly). Sixty-one per cent will save on interest payments by choosing a shorter amortization period for their mortgage. Still, 21% say they will take out the maximum mortgage that they qualified for from their bank (this increases to 28% of those under 40).

"It is encouraging that the majority of Canadians are taking steps to save money on their mortgage," says Farhaneh Haque, Regional Sales Manager, Mobile Mortgage Specialists, TD Canada Trust. "I recommend that home buyers buy the house that fits their budget, not just their lifestyle. After all, if you buy a house that is too big for you to afford, you could be giving up that lifestyle just to pay it off."

Mortgages for repeat home buyers

Two-thirds of repeat buyers have a mortgage on their current home; 72% intend to use their current lender when they purchase a new home. The top reasons for switching among the remaining 28% are better rates (60%), better customer service (33%) and better mortgage terms (28%).

"There are many options available to repeat home buyers and a mortgage expert can help you choose the right one to save money so you can own your new home faster," says Haque.

The TD Home Buyers Report found that nearly 60% of buyers don't know that they have options or haven't thought about their options for their current mortgage. Haque offers these tips for buyers:

 

    -   Take your mortgage with you when you move. Many banks will let buyers

        take their mortgage with them, even if they need to increase their

        principal amount. This gets blended at the current market rate with

        the existing principal at its original interest rate.

    -   Use your mortgage as a selling feature. If the seller's mortgage

        interest rate is lower than current market rates, the purchasers may

        be able to take on the seller's mortgage when they move.

 

The TD Canada Trust Repeat Home Buyers Report showed that only one-third of repeat buyers bring their current mortgage with them to their new home and just 8% use it as a selling feature of their prior home, allowing the new owner to assume their mortgage.

Why buy another home?

The top factor that influences the decision to move is retirement (29%). Other factors include being bored of their current home (16%), investment opportunities (15%) and market conditions (15%). Fourteen per cent say they had always planned to move but were waiting to save enough money.

The top considerations for Canadians' next home are the layout of the home (98%), the size of the home (97%) - though they are divided on whether to go smaller or bigger -- and price (96%).

Selling their current home

The majority of home buyers plan to sell their current property before purchasing another one (84%). Of the remaining 16% who will keep both properties, 39% will use one as a rental property or investment property (20%).

Those selling hope to improve the resale value of their home by renovating (54%) or redecorating (52%).

Fifty-five per cent of Canadian home buyers are cautious saying they wouldn't buy a new home until their current home is sold - but 45% say they would put in an offer if the perfect home came up for sale and hope that their house sells.

 

 Wayne Marks (www.waynemarks.ca)

TD Canada Trust

Mobile Mortgage Specialist

GTA & Surrounding Markets

Tel: 416.294.9704

Fax (Toll FREE): 877.385.6414

"Getting your mortgage IS this comfortable!"

 

© 2010- Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

 

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com
Thinking of Selling a House or a Condo - Don't pay 5% or 4% commissions.  
FLAT FEE MLS listings is the way to go: www.SELLFor999.com

 Posted on: www.1stoprealestate.ca : www.LinkToMorningside.com: www.MarkhamBoxgrove.com

 

 Bookmark & Share

 

Posted via email from Markham Boxgrove Real Estate Blog