How does 2 Percent Realty Work ?
Realtor® with 2% Realty
Table of Contents
When considering real estate options in Calgary, understanding “How does 2 Percent Realty work” is crucial. This article aims to educate homeowners about this innovative lower commission model in Calgary and answers some frequently asked questions.
At its core, 2% Realty offers a unique approach to real estate in Canada. Focusing on a lower commission structure versus the traditional model to benefit sellers. Your commission savings are guaranteed along with superior service.
We will dive deep into the workings of the 2% Realty model, revealing how it can be the game-changer in your home selling journey. Join the thousands of Albertans in making the move.
How Does 2 Percent Realty Work ?
How the 2% Commission Structure Works
2% Realty operates on a 2% commission rate, differing significantly from the traditional 7%/3% rate of other brokerages. This model results in up to 50% less in real estate fees for sellers.
Marketing Strategies
2% Realty’s marketing strategies include professional-grade photography, virtual tours, and comprehensive MLS® exposure, ensuring maximum visibility for your listing. Learn about our enhanced marketing using Artificial Intelligence.
Short Contract Terms + 100% Satisfaction Guarantee
Our 2% Realty team is so confident we can deliver on our promises that we offer the shortest contract terms possible and back everything with a 100% satisfaction guarantee.
Real Estate Commission Fee Calculator
Your Expected Cost. See The Difference
2% Realty Fee: $0
Legacy Fee: $0
Simple Fee Explanation
Using the Realtor® fees calculator for Calgary you can see there are different outcomes possible. This will depend on the brokerage the homeowner chooses and also because Realtors® are permitted to negotiate their fees when they submit an offer.
- 2% Realty Fee payable at 1% for the listing agent and 1% for the buying agent, this represents the most desired outcome and the aim of every 2% Realty agent.
- Legacy Fee used by many traditional brokerages payable at 7%-on the first 100k and & 3% on the balance split between listing and buying agent.
- *Hybrid Fee* a homeowner listed with 2% Realty pays 1% to the listing agent, with a negotiated fee for the buyer’s agent. Savings over legacy fees are ALWAYS guaranteed.
How does 2 Percent Realty Work: Frequently Asked Questions (FAQ)
Why is our Fee So Much Lower?
2% Realty has adjusted its fee percentage to better align with 30+ years of home price inflation. A typical home in Canada was worth $150,000 in the 1980’s, today the average is closer to $700,000. Yet traditional brokerages have opted to ride the wave rather than adjust their fee %.
Realtor® Cooperation
2% Realty is a long standing member of the Calgary Real Estate Board and we utilize the same MLS® technology used by all legacy brokerages in Calgary. We receive thousands of showing requests every year, leading to a fast and effective selling process. The majority of our listings are sold with the cooperation of other brokerages.
No Hidden Fees
2% Realty is transparent with its fee structure, with no hidden charges. GST is applicable on all Realtor® fees and a contract cancellation fee may be applicable. Any changes to the Buyers agent fee is at the sole discretion of the Seller.
Service Quality
In addition to offering lower fees, 2% Realty offers exceptionally high service quality across all listings in Calgary’s real estate market, meeting or exceeding the service offerings of legacy brokerages.
Affordability of Fees
2% Realty offers a lower commission by eliminating outdated bureaucratic practices common in legacy brokerages, leveraging technology, and adjusting rates to align with today’s appreciated real estate prices.
Sales Performance
2% Realty Calgary has robust sales performance across the city with several agents in the top 100 for all Calgary & Airdrie, with quick sales and significant commission savings. You’ll never go back to a legacy listing agent again!
Commission Rate Guarantee
2% Realty signs all its listing agreements with a total 2% commission rate. Our 1% listing fee is guaranteed, and we fight for every homeowner to achieve the 1% buying agent fee, or negotiated terms agreeable to the homeowner. It is important to note that Canadian real estate rules allow for agents to negotiate any fee advertised.
Difference from For Sale By Owner
2% Realty, unlike ‘for sale by owner’, offers FULL SERVICE that meets or exceeds what legacy brokerages provide. It achieves savings comparable to ‘for sale by owner’ methods, while offering homeowners the benefit of a dedicated agent.
MLS® Network Exposure
Listings with 2% Realty appear across the entire MLS® network, ensuring widespread visibility across Canada.
How Does the 2 Percent Realty Home Evaluation Process Work?
2% Realty provides free home evaluations in Calgary, with no obligation to sign paperwork. You will receive a detailed market analysis, commission breakdown and marketing strategy.
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"AFTER INTERVIEWING OTHER AGENTS THEIR FEES WERE OUTRAGEOUS WHY WOULD ANYONE PAY THAT..."
