Selling a home is all too often a complicated (and expensive) affair, and with so many brokerages out there, it can be hard to decide who you want to sell with.
That’s why one brokerage in particular aims to take the complexity out of the equation – and leave you with thousands more in your pocket.
New Era Real Estate has been making a name for itself as a full-service brokerage servicing much of the GTHA, including Toronto, Mississauga, Brampton, Orangeville, Hamilton, Niagara, Guelph, Georgetown, Oakville, Milton, Burlington, Durham, and York.
What sets them apart? Instead of the 2.5% commission fee most brokerages charge, New Era only charges a simple flat fee of $5,900, and you don’t pay a cent until your property is sold.
Founder John Martino says one of their most successful sales was for a family that wanted to buy a certain property, but found it was a little out of their price range.
“New Era listed and sold their house, saving them $30,000 in commission – and since the buyer was unrepresented we removed the cooperating commission, saving our homeowners an additional $36,000 and giving them the boost they needed to buy their dream home,” Martino said.
“Needless to say, they were very happy.”
Here’s a quick comparison showing how much you can save with New Era, based on the price of your home:
New Era’s full, high-quality service leaves nothing out. When you sell your home with New Era you get market analysis, professional photography of your property, a variety of selling strategies, home preparation, a robust marketing/advertising campaign, schedule showings and buyer qualification, negotiation, and much more. More information is available here.
New Era’s agents and brokers are all fully licensed, have years of experience, and are paired up with sellers based on the city/area they specialize in, ensuring they can provide the best service possible.
“We are not a private selling platform, we are a full-service start to finish brokerage, handling everything you expect from a traditional brokerage but with extra benefits,” Martino said. “Sellers are not locked into contracts, no cooperating commission if sold to an unrepresented buyer, nothing paid up front, and of course our simple flat fee of only $5,900, no matter the price of the property.”
Interested in learning more and taking the first step towards that new property you’ve been eyeing? Book your free (no obligation) listing appointment with New Era by visiting newerarealestate.ca/contact, calling 416-508-9929, or emailing info [at] newerarealestate [dot] ca.
For the latest news and updates, follow New Era on Facebook and Instagram.
TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.
The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.
The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.
CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.
However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.
Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.
This report by The Canadian Press was first published Sept. 17,2024.
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
