Karen Beckett-Cully

1. What is the deal exactly, with One Percent?

We are a fully licensed real estate company. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS, all the top internet sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting.

2. What if a buyer has his own agent? Do I have to pay them?

We split our fee on a 50/50 basis. As a matter of passing interest, roughly 75% of our listings are sold by outside agents through the Multiple Listing Service which appears to be roughly industry standard. If agents tell you that our listings are not sold by other agents, they are simply lying.

3. Other realtors have told me that if I list with One Percent Realty, realtors will not show my house because they don't get the same amount of money. Logic would dictate, that they are going to sell the house down the street where they get paid more money if their clients buy it. Do agents boycott your listings?

We cannot measure showings that we don't get. What we do know is that 75% of our listings are sold by cooperating agents. Would they rather have more money? Of course-no argument. But the fact is, our listings are displayed everywhere that all the other listings are. It is on MLS, all the top internet sites, a sign on the lawn, it's in the real estate paper,and we do open houses. So if someone is looking for a home in your neighbourhood, in your price range, they are going to know it is for sale. That buyer is going to look at whatever is on the market before they make their decision. Buyers don't pay the real estate commission, so why would they care which house they buy? If their agent is unhappy with what we pay, the buyer will call us. But the fact is that the agents sell our listings, every single day.