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Regardless of the type of property you wish to buy or sell, Compare Home Quotes will identify the brokers in your area that best fit your criteria and needs. Our partners are accredited, professional and reputable. Have peace of mind with Compare Home Quotes and get answers fast!
Tell us details of your project of type of service you need.
You will quickly receive quotes from 3 brokers that meets your criteria.
Choose the professional who matches your needs: service-quality-price.
It is wise to rely on a real estate broker when it comes time to buying or selling a property. It is an important project that has many facets and requires substantial knowledge. A good real estate agent knows how to turn a real estate project into a success.
To hire a real estate agent is to ensure that you receive full support. Your home, your condo, your cottage or any other type of property will get all the attention and visibility it deserves. The broker’s functions include:
IMPORTANT: The cost of a real estate agent’s services (usually in the form of commission) is well worth the benefits you get as a seller because your transaction is safe, you save on time, and avoid costly mistakes.
The real estate agent is in charge of your project. He knows how to collaborate with other brokers and maximize all the resources potentially involved: banker, contractor, inspector, notary, appraiser, etc.
But the benefits of hiring a real estate broker do not end there:
There are over 15,000 “real estate agents” or real estate brokers in Quebec. Which one should you choose?
Compare Home Quotes aims to make things easier for you. To ensure that you receive the best service and the best selling price as a seller, buyer or landlord, we will put you in touch with honest and successful real estate brokers.
If you choose to find your real estate agent yourself, you should know that brokers are professionals who have fields of expertise, who have specialisations. A market may be much more familiar to some than to others. So you have to target your needs right from the start.
The real estate broker partners of Compare Home Quotes have been carefully screened so we can give you only the best choices. Our partners are professional and renowned in their field.
Do not randomly select a broker to handle your project. Take the time to check, compare, and find the right real estate broker. You can search the Web or use conventional media, discuss your project with relatives or friends to get references, or better yet, obtain free real estate quotes using our online form to save time.
IMPORTANT: Check to see if the professional you want has all the necessary permits, including a broker’s license. You will find the relevant information in the OACIQ license holders registry.
After doing a little shopping and when you have a few candidates on your list, get in touch with them. By talking with each of them, you will know more about their work, their methods, and their vision. You will be able to see which is the most suitable based on whether your candidate:
These are businesses or companies that offer services and advice for the negotiation or transaction of real estate (sale, lease, estimate, etc.).
Some agencies are independent while others are connected to large national or even global real estate network. They depend on the work of real estate brokers. They are the ones who have the task and the responsibility of initiating and closing transactions.
As a general rule, a real estate brokerage firm does not employ brokers who remain self-employed. Rather, it acts as a franchisor that grants licensed dealers (franchisees) the right to use and operate its banner, trademark, network, structures, tools, etc.
There are about 40 real estate agencies in Quebec. Some of them are :
There may be several types of contractual agreements between clients and real estate agents. A remuneration per hour (salary) is possible. However, the broker’s job is most often paid in the form of a commission based on the value of the real estate transaction.
The percentage of this commission is also variable. The range is normally between 4% and 7%. The seller has to pay the commission to his broker. This amount is consequently shared between the two brokers (seller and buyer) because the buyer most often also has a broker.
Important: a buyer doesn’t pay any commission to his broker or agent regarding the purchase of a property.
In certain situations, it is possible to negotiate a lower commission rate below 4%. Note, however, that the calculation of the commission amount is always done based on the total amount of the transaction, and taxes must be added to the amount obtained.
Note: Market conditions are crucial. The amount of a commission may vary from region to region. Any commission is taxable. It must be known from the outset by the client.
If you have ever tried selling a house on your own and failed, it may work against you when you are negotiating. Telling your broker about your failed attempt will not be to your advantage because it only underlies how much you need his help.
The rate charged by the broker for his commission generally varies depending on factors. It is therefore good to know these:
What you have to understand is that you pay for a broker’s time and efforts. It is the time (and efforts) that the broker estimates he will have to give to close the transaction (the sale of your home) that determines the percentage of his commission.
If your house is located in a very popular neighborhood, the amount of time needed to sell will be less than if it is in an unpopular sector.
In return, you can take advantage of some of these factors. By improving the appearance of your home, doing some renovations, and keeping a close eye on your broker’s performance, you can get a better rate.
On the other hand, if your agent fails to sell your home, you can negotiate a decrease in the rate (when renewing the contract). On the other hand, if you receive a generous offer that is above your expectations, it may be wise to re-negotiate (down) the percentage of the commission.
Also ask your agent what percentage of the commission they are willing to share with the buyer’s broker. If it is too low, you could lose out because other real estate brokers will choose to take their clients to other properties offering bigger commissions.
The next step is for you to compare real estate brokers in your area.
Fill-out the form on this page and receive free and no obligation quotes.
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For someone who is new to the region and does not know where to go, your service was most appreciated. The phone service was great and I was able to make an appointment. Thank you!