FYI

Who is Select Choice Real Estate Team?

Select Choice Real Estate Team as Real Estate Professionals with O.J. Realty & Property Management as our Brokerage offers a full MLS® Real Estate Service consisting of licensed professionals, members of the Vancouver Island Real Estate Board (VIREB) & Realtors® who adhere to the Canadian Real Estate Act (CREA). We currently have members who serve the Comox Valley. Your Select Choice Real Estate team prefers to offer choices. We differ not in the scope of the services provided but rather in the amount you pay for the services.

How much are common realtor fees in the Comox Valley?

Although, the rates may differ slightly from area to area, the Comox Valley & surrounding areas commonly use a commission of 7% on the 1st $100,000 & 3% on the balance of the sale price. The commission is typically then split between the Listing Agent and the Buyer's Agent with 3.5% on the 1st $100,000 & 1.5% on the balance going to each.

How much will Select Choice Real Estate Team charge me to sell my house?

Our real estate fees depend on which of our service plans you choose. Also, there are some properties that require more expertise, time & resources to list professionally. These properties would not be eligible for the DIY Service/Commission Package. Please refer to our detailed Service Options page especially The Fine Print and call us for more detailed information.

Are all our fees up front?

There are no up front fees. The Seller also receives the full exposure and benefit of the MLS® & Realtor.ca. With this they are utilizing the most effective marketing tool, and are reaching the majority of buyers with the most cost savings found here.

Is the MLS® really necessary to sell my home?

The Multiple Listing Service (MLS®) is the most comprehensive database and resource for homes for sale. Not only is this accessible to the public through REALTOR.ca but this service is used by Realtors® when searching for properties for their buyers. The majority of home sales are a result of the MLS®. Select Choice Real Estate team properties are listed on the same MLS® system.

Do I have to offer a full sales commission to a co-operating broker/agent?

Our Select Choice Real Estate Team concept gives you, as the Seller, commission & service choices. You have the flexibility to decide in consultation with our REALTORS® which one suits you the best and we’ll let you know how much you’ll save. However, from experience we know that offering the buyer’s agent their current commission rate is the best way to ensure those agents show your listing so you get the maximum amount of exposure for your property. The amount of commission offered to a buyer's agent may change depending on what other brokerages decide to offer in the future.

How do I choose which service plan is right for me?

Each of our Service & Commission Packages have benefits. The one that’s right for you depends on the price point of your home, the degree of time, expertise & complexity involved in listing your home, plus your skill, time and energy throughout the sale process. It’s always best to contact your Select Choice REALTOR® for more information.