Real es­tate mar­ket per­fect for One Per­cent Realty so­lu­tion

Times Colonist - - The Capital / B.c. -

Vic­to­ria’s real es­tate mar­ket is ex­plo­sive, and the sig­nif­i­cant dis­par­ity between the de­mand for homes and the in­ven­tory avail­able has an up-side for home buy­ers.

Ac­cord­ing to Guy Ef­fler of One Per­cent Realty Ltd. (Vic­to­ria), it just doesn’t make sense for any­one to be pay­ing more than nec­es­sary when buy­ing or sell­ing a home in this real es­tate en­vi­ron­ment.

“Typ­i­cally, sell­ers will pay about six per cent on the first $100,000 of the sell­ing price of their home and three per cent on the bal­ance, said Ef­fler.We charge $6,900 on prop­er­ties up to $600,000 and one per cent + $900 on prop­er­ties over $600,000 and pro­vide the same, pro­fes­sional ser­vice.”

That ser­vice ex­tends to home buy­ers as well, ex­plained Ef­fler. “My part­ner and I re­bate a por­tion of our com­mis­sion to the buy­ers of a prop­erty listed by any agent or com­pany on the MLS. This buyer re­bate is to­tally ex­plained on our web­site, oneper­centre­al­tyvic­to­

In or­der to of­fer the com­pany’s dis­counted ser­vice, Ef­fler ad­mits he and his Vic­to­ria part­ner Ray Kong have to do two to three times the busi­ness of the av­er­age real­tor, but he is per­fectly com­fort­able with that chal­lenge.

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