Louie Pulice's (team3000) Blog

The struggle continues regarding Real Estate Commissions. Sellers want to save money but don't want to sacrifice service. To acheive this there has to be consideration given to all parties to the real estate transaction. Firstly the seller has to save. That means lower total commission charges th...

I operate a discount commission real estate company in Richmond BC called Team 3000 Realty which services real estate needs in Vancouver BC Surrey BC Burnaby BC Maple Ridge BC Coquitlam BC Chilliwack BC Ladner BC and basically the Greater Vancouver BC area. There seems to be a lot of fear in disc...

I live in Vancouver BC. As you know we are hosting the 2010 Winter Olympics. Everyone here is trying to figure out what happens to property values after the Olympics. We have had a very good year in sales considering the world financial crisis. Property values have gone up anywhere from 10% to 50...

I am really amazed at the number of Real Estate Agents who are worried about "Commissions". Why is it so Taboo? Not all Agents charge the same fees. So what. Thats competition. Some Agents are Discount Commission Agents, so what. Some Agents are not, so what. I am the president of a Discount Comp...

Recently there has been a lot of discussion in Canada regarding Real Estate commissions, discount realtors(r) and discount real estate companies. There is a lot of concern in the industry that the livelyhoods of Real Estate Agents is being erroded. There is no doubt that Commissions will continue...

There are some serious changes proposed by the Canadian competition Bureau regarding CREA rules. Here are the main items they want to change or eliminate: Section 17.2.1: The listing REALTOR® shall receive and present all offers and counter offers to the seller. Section 17.2.3: The mere posting o...

Are you a struggling Real Estate Agent? Many companies are offering reduced fees. But are you getting the "EDGE". We all know that you have to be "special" to succeed. What makes you "special" and how does the company commission policy help you be "special". Have you ever stopped to think why a s...

I have been a Realtor(r) for over 24 years. During this time I have worked with many different models in regards to commissions charged sellers. I have worked for leading discount companies like One Percent Realty in Vancouver and Richmond BC and fine companies with more typical commission struct...

We are going through some tough economic times. Many agents will be hanging up their licences but there are ways to reduce overhead. While we all have to watch our budget it is also important to keep a high profile. You cannot be a secret agent in Real Estate sales. There are many 100% houses in ...

Sounds strange, but if you continue to read you may understand why I ask the question.   In the past a lot of companies in British Columbia charged "typical commissions" in the neighborhood of 7% of the first $100,000 and 2 1/2% on the balance. With today's real estate prices this is a substantia...