" Offer ends December 15, 2023"

BUYER CASH INCENTIVE $1,500 +

Offer available for ANY RESIDENTIAL PROPERTIES for sale on Realtor.ca/MLS® that offer buyer's agent commission at a rate of 3.5% on the 1st $100,000 and 1.5% on the balance of your purchase price. Approximately 80-90% of the available properties on Realtor.ca/MLS® are eligible in this regard.

*** Not intended to solicit those who are under contract with other real estate brokerage ***

How it works?

" Buy a house,Get Paid "

Available on this Townhouse or Any others!

We share our earned commission with our buyer client who signed ” Exclusive Buyer Representation Agreement” with us and complete a purchase of residential property, excluding mobile homes.

You receive a cheque sent from us within 30days of completion(Possession date) of your purchase.

Please be advised that CASH INCENTIVE becomes available AFTER possession date, thus may not be considered as a part of your equity from Bank’s perspective. You may not count on CASH INCENTIVE for the financing purpose to purchase this particular property. 

$1,500 or 25% of our earned commission whichever is greater.

Typical rate of real estate commission that buyer’s agents earn is 3.5% on the 1st $100,000 and 1.5% on the balance of sale price. We estimate that about 80-90% of Properties for sale on Realtor.ca/MLS® offer buyer’s agents 3.5%/1.5% commission.

e.g. You purchase a townhouse for $300,000. Your agent earns $6,500.

25% of $6,500 is $1,625. In this example Cash Incentive for you is $1,625.

NOTE: Commission rate may vary by properties, which affects the amount of commission we earn, thus affects your Cash Incentive.

How much is it?

" Payout "

Do I have to pay Commission?

" Yes and No "

Commission you are required to pay would normally be covered by commission we earn from seller

Our fee is 3.5% on the 1st $100,000 and 1.5% on the balance of your purchase price as many other real estate brokerages would charge you.

Buyers, however, do not often pay our fee because Our fee gets offset by the commission that sellers offer to buyer’s agent. As we mentioned above about 80-90% of Properties for sale on Realtor.ca/MLS® offer buyer’s agents 3.5%/1.5% commission that totally offset your obligation of our fee. And this is the source of your Cash Incentive.

For above reason Our buyer clients do not pay commission in many cases, plus they get paid in a form of “Cash Incentive”.

  • You need to sign “Exclusive Buyer Representation Agreement” with us on or before December 15, 2023.
  • Your Offer to Purchase must become a firm sale/unconditional on or before February 28, 2024.
  • You must have pre-approval of financing, or show us verification of sufficient fund available to close your purchase. We can also refer you a mortgage professional.
  • Cash Incentive is considered your taxable income. You must provide us your social insurance number prior to the payout.

Also subject to regular terms and conditions

Requirements

" Rules "