Answer:

In Quebec, the only way to get your home listed on the MLS.ca is to go through an agent. In order to get on the MLS.ca, the agents will require you to enter into a listing contract with them, stipulating a commission to be paid upon the selling of your home. This commission is typically 5% to 6% of the home selling price.

Is there a way to get onto the MLS.ca without paying a commission?

Answer:

Yes. Even though you are legally required to enter into a listing contract in order to get onto the MLS.ca, we at Area514.com know of several real estate agents who will be willing to take your contract for ZERO COMMISSION!. The agents will list your home at 0% commission as a limited service contract. Under such contract the agent will simply list your propety on the MLS.ca and the rest of the work involved with selling your home is up to you.

How do I contact one of these 0% agents?

Answer:

Area514.com will refer you to an agent who is guarenteed to list your home on the MLS.ca as part of a limited service contract for 0% commission. At Area514.com we charge a one time fee of $514 in order to list your property on the Area514.com website.  As a free service we also guarantee that a licensed real estate broker will contact you, meet with you, enter into a 0% limited service brokerage contract and list your home on the MLS.ca, Centris.ca and Micasa.ca for 60 days.  For more information see our prices and services.

*All flat listing fees are considered payment to have your property featured on the  Area514.com website only and are payable in advance, are non refundable and do not form part of any listing agreement. Payment must be made to Area514.com upon the signing of the Area514.com website listing contract. The MLS.ca, Centris.ca and Micasa.ca internet listings will be done shortly after as a free service provided to you by the licensed Quebec real estate broker who will contact you and complete a brokerage contract with you.
*All services pertaining to the trade of real estate are performed by a licensed Quebec Real Estate Broker.

Anouar Al Anjri
Senior Mortgage Strategist
Multi-Prêts Hypothèques

2 Place Alexis-Nihon
3500 boul. de maisonneuve O., bur. 940
Westmount,Québec H3Z 3C1
Tél.: (514) 814-8899 Fax.: (514) 906-6480
Email: aalanjri@multi-prets.com
Site Web: http://www.multi-prets.com/AnouarAlanjri

Jean Bluteau Architecte,
9181 Boul Lasalle , Lasalle ,
(514) 367-0699

S.C. Hedrei
514-590-5534

Mose Home Inspection Services –
514.426.1095.

“We were coming out of the recession last September and the real estate market was particularly active,” said Diane Ménard, Vice-President of the Board of Directors of the GMREB. “More than 3,000 transactions took place last September, the highest number of sales ever recorded in a month of September. This year, the market has returned to normal and sales levels are similar to those seen from September 2003 to September 2008,” she added.

All property categories registered a decrease in sales in September 2010 compared to September 2009. Single-family home sales decreased by 16 per cent, condominium sales decreased by 9 per cent and plex sales fell by 10 per cent.

Geographically, the North Shore posted the smallest decrease in sales, at 6 per cent. Sales in the Vaudreuil-Soulanges area decreased by 10 per cent, while sales on the Island of Montréal, on the South Shore and in Laval decreased by 14, 19 and 14 per cent, respectively.

As for prices, the median price of single-family homes in the Montréal area reached $252,000 in September 2010, a 3 per cent increase compared to the same month last year. The median price of condominiums increased by 8 per cent to reach $216,000, while that of plexes increased by 9 per cent to reach $379,000.

“As anticipated, the decrease in sales that we experienced in recent months has led to a slow-down in the rate of price increases, particularly for single-family homes,” said Ms. Ménard. “This situation can also be explained by a rebalancing of supply and demand, since as at September 30, 2010, the number of active listings increased by 1 per cent in comparison with the same date last year, a first in 13 months. For now, we are still in a seller’s market in the Montréal area, but the increase in supply and the decrease in demand suggests that the scale will become balanced in the coming months,” she added.

About the Greater Montréal Real Estate Board

The Greater Montréal Real Estate Board is a non-profit organization that brings together most of the real estate brokers who work in the Greater Montréal area. With more than 10,500 members, it is the second largest board in Canada. Its mission is to actively promote and protect its members’ professional and business interests in order for them to successfully meet their business objectives and maintain their predominance in the real estate industry.

Here are tips on how to do a sale by owner:

How Much is Your Home Worth?

• Pricing a home to sell is part intuition, part research and part market timing.

• You do not want fall victim to a seller’s biggest mistake and not price your home correctly, because the first two weeks on the market are crucial. That’s when buyers’ interest levels are the highest.

Preparing Your Home to Sell as a For Sale By Owner

Gone are the days of selling homes with unmade beds, dishes in the sink and toys scattered throughout. Today’s homes must be spotless and resemble a model home.

• Before you begin to prepare your house for sale, examine the home from a stranger’s viewpoint. Ask a friend to help, who might be more removed from your attachment.
• Consider spending money on improvements, fixing things that don’t work and making repairs before selling to improve your profit.
• Do not underestimate the power of home staging. It can mean the difference between selling now for more money or not at all.
• Pets in the home present its own set of challenges. It’s harder to sell a home where pets live.

Marketing Your Home as a For Sale By Owner

With all the money you will be saving over hiring an agent, it will be easier for you to spend extra money on targeted marketing. Figure out your target audience and get the message to them.

• The MLS.ca is one of the best marketing websites in the world. You are already a step ahead of other FSBO’s since your property is listed on the MLS.ca, Centris.ca and Micasa.ca
• Choose several or all of these house marketing tips, from how to do photographs, print advertising, direct mail and eflyers to hosting tours.
• All marketing should be geared toward making your phone ring and increasing traffic to your home.
• Avoid marketing mistakes by being flexible with showings, offering incentives to buyers and obtaining buyer feedback.
• Seasonal sales require unique approaches. The way you would sell in spring is very different than selling in winter.
• If you decide to offer a commission to selling agents, you will want to put a lockbox on your premises for easy access by agents when you are not home.
• Follow these tips for how to hold an open house, and remember that in some areas, Saturdays are just as popular as Sundays.

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If you are a current Area514.com client and would like to contact us,

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For all General inquiries or to join our real estate team,

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With our simple process you will gain clients and make thousands of dollars!

1) When clients contact us wanting to list their home, a representative from Area514.com will visit the client we will bill the client up front.

2) Area 514 will then give you the client’s name and contact details.

3) You, as a licensed Quebec real estate agent will then meet with the client, view their home, take photos, and register a brokerage contract with the client (with your commission rate indicated as 0% (Zero commission))

4) You will then upload the listing to the mls.ca under your own name.

5) Immediately after the listing is online, Area514.com will send you a cheque for $400 (for a listing of 60 days). For a 90 day contract you will get $549, and for a 6 month contract you will get $699. The cheque goes directly to you, not your agency. Our payment to you is considered an independent consultation and you will be asked to answer a brief survey about the power of internet marketing and how it is affecting your life. The payment you receive does not involving the client at all and has nothing to do with the real estate profession, the client/ broker contract, or the listing.

6) For the duration of the contract you will simply refer all buying clients or other agents who inquire about the property, directly to the sellers.  Since you are signing a limited service brokerage contract, you are not required to do any open houses, any visits, any transaction related paperwork , or any supplementary advertising. Just refer all buying clients who contact you about the property directly to the sellers.

7) If the sellers ask you to do any supplementary work or to fill out transaction paperwork, you are free to set your own supplementary commission rates or fees contingent on the sale of the property. If the client wishes to offer a commission exclusively to the buyers agent, you can simply add that commission percentage into your brokerage contract and a buyers agent will receive his commission at the completion of the transaction.

Important:

Once we refer the client to you, the client is yours and we never bill the client again. You are free to up-sell other services, and if the client ever decides to pay you a supplementary commission for your services, Area514.com does not charge you or the client anything.

Contact us now to start making money with our Flat Rate listing concept.

*All services pertaining to the trade of real estate are performed by a licensed Quebec Real Estate Broker.