The Alternative

The alternative to high-priced commissions!

You do not have to pay, 5%, 6% or 7% to sell your real estate anymore!

That is an old obsolete business plan perpetuated by “old school” Realtors. Take a house of $400,000, with a 5% commission. That equals $20,000 in fees. 6% in USA = $24,000 and some Realtors actually charge 7% = $28,000. Priced right that house may sell in a few weeks or even a few days in a hot market. $20,000 is too much to pay and owners have better alternatives.

Flat fee or hourly rate Broker fees are “IN” and the percentage (%) Commission based business plan is “OUT”. Same house at $400,000 can be sold with an up-front fee of $600 plus a variable fee averaging from $2,000 to $3,000 from the list side broker, Thomas Goebel.

In the old business model half the fee was offered via the MLS to the sell side broker. Same example $400,000 x 2.5% = $10,000 (plus 13% HST) typical in Ontario. In Michigan this average is 3% = $12,000 to the buyer’s agent broker. In the old days the broker was the “gate keeper” to the buyer. The internet has changed the world and today the buyer finds the property they buy, not the Realtor. Therefore the sell side broker need not be offered such windfall sum of money.  In many cases there is no buyer’s broker as Thomas Goebel or you as the property owner may find the buyer. Savings can range from $5,000 to $20,000 in this $400,000 house example. There are more savings on larger real estate property including commercial.

See “Testimonials TAB” for actual examples.

This tab “Alternative to high priced Commissions” deals with Thomas Goebel serving the seller on real estate. Please see “rebates TAB” for Tom’s financial advantage to buying real estate.