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Matt Phillips Real Estate Professional

Real Estate Commissions Explained | Durham Region

Tuesday Dec 15th, 2020

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Real Estate Commission Agreement Explained

Wondering how real estate commission works in the Durham Region? Below, answers to Durham Region's home Sellers most frequently asked questions: Q: How do real estate agents get paid? Real Estate agents in Durham Region get paid a commission.  Typically the commission is a set percentage of the sold price.  If the home doesn't sell then it doesn't cost the seller anything.  Agents front the out of pocket marketing risks... [read more]

How To Save Commission When Selling Your Home?

Friday Jan 1st, 2021

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How To Save Commission When Selling In Durham Region

Click HERE To Get Durham Regions Top Discount Agent. Call Low Commission Real Estate Agent Matt Phillips Century 21 905-435-5800 List For 1% Commission   The typical real estate commission to sell your home is 5%.  The Listing agent splits the commission with the Selling agent giving them 2.5% each.  Now assume your home sold for $600,000, that's a total commission of $30,000. Again, half to the Listing agent and the other half goes... [read more]

February 2020 Real Estate Market Stats For Durham Region

Tuesday Mar 3rd, 2020

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matt phillips low commission Realtor

Oshawa Housing Prices For February 2020   $563,000 was the average sold price for February 2020 in Oshawa.  That is up 3.2% on the month, up 11% for the quarter and up 15.4% for the yearly change! 387 new listings came on the market in the last 28 days.  262 homes sold and came off the market in Oshawa and took an average of 16 days to sell.   There is all time low for inventory and this is pushing selling price vs asking price ratio up to over asking... [read more]

How To Save Money When Selling Your Home

Wednesday Apr 15th, 2020

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Low commission realtor Matt Phillips

    How To Save Money When Selling Your Home Just Sold 22 Quackenbush St. Bowmanville New Record High Sale Price On The Street Sellers Saved $10,084 Dollars In Commission Contact Matt Phillips To Set The Record High Sale Price On Your Street! My Low Commission And Full Service Selling System Can Do The Same For You!   Contact Matt Phillips 905-435-5800 www.MattPhillipsTeam.com Wondering What Your Home Would Sell For In Today's Market?... [read more]

COVID-19 And The Durham Real Estate Market

Friday Apr 10th, 2020

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MATT PHILLIPS LOW COMMISSION REALTOR

BUYERS OR SELLERS MARKET? Good morning everyone.  I just wanted to touch on COVID-19 and how it is affecting our current Durham Real Estate Market and the rest of the GTA.  COVID-19 has definitely slowed down the the total transactions in the Durham Region and GTA.  Before COVID-19 it was a complete sellers market in the Durham Region and there was multiple offers on pretty much every home being sold, especially the lower/entry level priced homes.  Today there... [read more]

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