Yes they are.
How much money can I expect to receive as a buyer rebate?
The rebate you receive depends on both the property’s purchase price and the commission offered by the seller. In many instances, sellers offer a 2.5% commission. So, imagine purchasing a beautiful property worth $1,500,000 within a week of working with your agent – you would be delighted to receive an incredible $18,750 rebate once the sale is closed (typically within a week after we receive the buying commission from the listing brokerage).
How does a buyer rebate work?
When you purchase your property (signed agreement of purchase and sale) within one week of the commencement date on the buyer representation agreement, we joyfully share 50% of the commission with you, celebrating your swift and decisive action. Should your home purchase take place between 8 to 14 days, we express our appreciation by sharing 35% of the commission, recognizing the synergy between your aspirations and our dedicated service. Similarly, for purchases made between 15 to 21 days, we happily share 25% of the commission, acknowledging the effort put in by both you and your agent. And even if your search takes longer (exceeding 21 days), rest assured, we still value your commitment, and you will automatically receive a delightful $2,000 rebate, exemplifying our commitment to your satisfaction. Our fair sliding scale ensures that your agent’s hard work translates into greater rewards for you, fostering a harmonious and positive experience throughout your journey with us.
What is a buyer rebate?
This is an incentive we provide our buyers which is in line with our core values. We believe most people know exactly what they want before they search for a property and they should be rewarded for that. In keeping with that belief we do not think an agent should keep all of the commission when the workload doesn’t align with the amount of commission earned.
How does New Era make money when they are saving their sellers thousands of dollars in commissions?
At New Era Real Estate, we take a different approach to real estate. We prioritize building long-term relationships with our clients, rather than chasing commission. Our goal is to provide a level of service that exceeds expectations, resulting in satisfied clients who save thousands on commission who are more likely to refer us to their friends and family. Word of mouth is a powerful tool and we rely on it heavily to grow our business. We understand that when we provide exceptional service, our clients will be more likely to recommend us, and this is the greatest reward for us. Additionally, we hope when we save you thousands, you will allow us to represent you on your next purchase, though it’s not mandatory. Our approach is about building trust and loyalty with our clients, and we believe this is the key to success in the real estate industry.
How is New Era Real Estate different from other real estate brokerages?
New Era Real Estate provides that familiar full-service real estate just like the traditional style brokerage but instead of the commonplace 2.5% and handle everything for a simple flat fee of $5,900. Better yet nothing gets paid until the property is sold and the deal closes. We guarantee to take care of everything you the seller needs!
- There are no lengthy contract commitments.
- If we sell both sides (buyer not represented by agent) we waive the cooperating fee (not mandatory).
- We have a personalized portal for all clients giving you access to everything we see.
- Unbeatable simple fair flat fee of only $5,900
- Free to cancel anytime without fees or penalties
Before New Era there were really only 2 extremes:
#1 List with a private selling platform where you pay upfront leaving no incentive for them to actually sell your home. Being left to your own devices only to find yourself struggling to attract fresh buyers to your property, handle all marketing/advertising, showings, buyer qualification, negotiation, paperwork, closing conditions, lawyers and the list goes on. Most homeowners get fed up and end up listing with a full-service brokerage.
#2 List with a traditional full-service brokerage where hopefully all your needs are met, everything is handled properly and by the book. With a traditional brokerage full service comes with a full-service price, money that can be better saved for the future or even used as a down payment for that investment property you always wanted.
New Era provides homeowners with a new option as we feel the industry needed to change, something designed with the seller in mind focused on service instead of commission.
Why provide full-service for $5,900 when you don’t have to?
In today’s digital age, the process of selling a home has become increasingly streamlined with the advent of the internet and various resources. However, despite this advancement, the commission rates have remained unchanged, with many real estate agents still charging 2.5% – 5% of the sale price. This is problematic, as the commission rate was acceptable when the average home price was around $300,000, but as home prices have risen, so too has the commission, creating an imbalance in the value of service provided. Our goal is to bring fairness back to the industry by shifting the focus from commission to providing exceptional service to our clients, regardless of the price of their home.
Who would be our real estate agent?
You will be paired with a specialized agent who is an expert in your specific area. At New Era Real Estate, our agents work on salary, ensuring that our entire team is fully invested in getting your home sold for the highest price possible. And if you ever feel the need, you have the freedom to switch to another agent at any time. Contact us at info@newerarealestate.ca to get started.
Do you put the properties on MLS?
At New Era Real Estate, we ensure maximum exposure for every property we list by placing it on a wide range of real estate websites, including the MLS, realtor.ca and social media platforms.
What’s in it for New Era Real Estate?
At New Era Real Estate, we pride ourselves on not only our extensive advertising efforts, but also our strong emphasis on word-of-mouth referrals. We believe that by providing exceptional service to our clients, they will be more likely to recommend us to their network. This not only rewards us with new business, but also allows us to build long-term relationships with our clients. We believe in fostering meaningful connections with our clients.
