Are you planning to sell or buy a house in Sault Ste-Marie? Surely, you want to make sure you get the most value out of your investment and that your real estate transaction is smooth and hassle-free.

There is only one way to ensure your home sale or purchase is profitable and smooth.  You must choose the finest real estate broker in Sault Ste-Marie to help buy or sell your home.

8 Unbeatable benefits of working with a Real Estate Broker in Sault Ste-Marie

Working with a real estate broker in Sault Ste-Marie has many unbeatable benefits.

Whether you need to sell or buy a home, a broker can take care of the time-consuming and often difficult aspects of a real estate project.

• ✓ A broker has access to the most modern tools for marketing a property
• ✓ He is knowledgeable about the local real estate market
• ✓ For home sellers, a broker will work tirelessly to market your home, find the right buyer and sell your property as quickly as possible and for the highest possible price.
• ✓ For buyers, a broker will help to find the best property in your price range and help you achieve home ownership.
• ✓ Brokers know real estate laws and will ensure you have a safe transaction
• ✓ Brokers carry insurance for your peace of mind
• ✓ A broker has a vast network of resources, including other real estate professionals
• ✓ You save time, energy, and money

Buying or selling a house is neither simple nor easy. One mistake can cost you thousands of dollars or cause serious problems.

One important thing to understand is that for buyers, the services of a real estate broker are free. Buyers don’t pay any commission because brokers are compensated by the seller.

Want to avoid stress and anxiety? Want to make sure you get the most money out of your investment?

Choose the best broker in Sault Ste-Marie to buy or sell your house. It will be the best decision you have ever made!

Compare Brokers from the Biggest Real Estate Agencies in Sault Ste-Marie

Knowing how important it is to hire a real estate broker for your real estate project, you will be wondering how to find the best one to buy or sell your home.

You could spend hours on the phone calling many different real estate offices. That would be time-consuming, not to mention, fruitless, because you can’t compare brokers over the phone.

You need to see their profiles side by side, note their experience and track record, as well as their commission rates.

To save time, try our free online broker comparator to compare brokers from the biggest real estate companies in Sault Ste-Marie.

Real Estate Agent Royal Le Page Sault Ste-Marie

Real Estate Agent Via Capitale Sault Ste-Marie

Real Estate Agent Remax Sault Ste-Marie

Real Estate Agent Proprio Direct Sault Ste-Marie

We have designed a simple and easy method to compare brokers in Sault Ste-Marie for real estate buying and selling.

The service is free and no obligation!
Fill-out our short online request form and receive the most competitive quotes from top real estate brokers in your area.

COMPARE 3 REAL ESTATE AGENTS

Complete the form below and receive proposals from 3 real estate agents. Compare : Commission, Service and Personality

• Soumission ID
• First Name*
• Name*
• Email*
• Phone*
• I want to...*
  I want to...*Buy a propertySell a property
• Property Type
  Type of propertyCondoSingle family homeChaletDuplexTriplexRental propertyBungalowCommercialI don’t knowOther
• Your region*
  Your Region *Greater MontrealQuebec CityOther City in Quebec ProvinceOttawaVanierKanataNepeanCornwallTorontoOther Area in OntarioOther Area in Canada
• Refine your city*
• Adresse
  Code postal
• District
• Nb of bedrooms
  Nb of bedrooms1234566+
• Nb of bathrooms
  Nb of bathrooms1234566+

• BUYING A PROPERTY

• Where are you? (buy)
  What is your situation?Determine my needs and optionsFind a propertyStart a purchase
• Ideal Date of Purchase (buy)*
  Ideal Date of Purchase *As soon as possibleWithin the next weekWithin 2 weeks2 to 4 weeksWithin the next monthWithin 2 months2 to 6 months6 months +
• Funding*
  Funding *Already approvedIn processNot yet verified
• Max price of property
• Do you already have a mortgage lender?**
  Do you already have a mortgage lender?*Yes I have my mortgage lenderNo, I have not found a lender yet
• Would you like a mortgage broker contact you?*
  Would you like a mortgage broker contact you? *Yes tell me which institution will save me the mostNo thanks!

• SELLING A PROPERTY

• Where are you? (sell)
  What is your situation?Evaluate if I could sell my propertyFind a Broker to sell the property
• Ideal Property Selling Price (sell)
• Need Free Quotes for other services? (Click to choose)
  Not just a broker Thank you!Quotes from 3 mortgage brokersQuotes from 3 notaries for purchase / saleQuotes from 5 movers for your moveQuotes from 3 alarms and security systemQuotes from 3 building inspectors for inspectionQuotes from 3 contractors for construction / renovation
• Other requirements
• Comments
  Ce champ n’est utilisé qu’à des fins de validation et devrait rester inchangé.

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Qualities to Look for in your Real Estate Broker

How do you evaluate a real estate broker? What qualities should you look for?

Keep in mind that your real estate broker will be your most important partner in your real estate transaction. Your business relationship will play a crucial role in the success of your project. It is, therefore, important to choose a broker that is highly-skilled and experienced as well as suits your personal preferences.

You need to feel comfortable in talking to your broker, be able to voice any concerns, and feel confident in his abilities.

In addition, you must look for these qualities in your broker.

• ✓ Licensed and Insured
• ✓ Experienced in Sault Ste-Marie Real Estate Market
• ✓ Has excellent communication skills
• ✓ Honest and Trustworthy
• ✓ Enjoys a good reputation as a broker in the community
• ✓ Established an impressive track record in real estate
• ✓ Proactive and Responds in a timely manner
• ✓ Pleasant Personality
• ✓ Knowledgeable about internet and social media marketing

By choosing a real estate broker that matches these qualifications, you can be sure to have a pleasant and stress-free real estate experience.

Signing a Listing Agreement with a Real Estate Broker

Once you have selected a real estate broker to sell your house, you will need to sign a listing agreement. Most real estate brokers use a standard form. It is important to review and understand its provisions and request clarification or amendments before you sign.

The most important points to check in your listing agreement would be:

Length of contract

It can be from 60 to 90 days.  It is better to have a shorter term so you have the option to cancel or renew your listing.  You can then change brokers if you are not satisfied.

Commission Rate

The contract will specify the commission rate you will pay to your broker if the house is sold.

Cancellation Clause

It is also important to check when and how you can cancel your agreement.  Remember that this is a legally binding contract.  If you agree to an exclusive listing, you may still have to pay your broker a commission if you sell your house while the contract is valid.

Do Buyers Also Sign an Agreement?

Home buyers also sign a broker agreement which states that the broker represents the buyer. It is also referred to as buyer representation.

This agreement may be exclusive or non-exclusive.  It is also important to check the duration of the agreement (shorter term such as 30 days) is preferable.  It should also specify compensation (buyers’ brokers are usually compensated by the seller) and the duties of the broker or agent.  It also spells out the property description that the client is looking for.

4 Important Things to Prepare Before Buying a House in Sault Ste-Marie

If you are seriously planning to buy a home in Sault Ste-Marie, you’ll need to be prepared for this exciting venture.

Mortgage Qualification

If you are like most Canadians, you will need mortgage financing to purchase your house.  You need to check if you qualify for a mortgage by applying with a bank or a mortgage broker.

Getting pre-qualified for a mortgage will also tell you how much you qualify to borrow so you know how much you can afford to pay for your house.

Mortgage pre-qualification is the first step for a home buyer.

Down-Payment

It is important to prepare your down-payment for purchasing a home. Mortgage rules require a minimum of 5% down-payment if your home is not more than $500,000.  If you purchase a house selling for more than $500,000 but not exceeding $1 Million, you will need an additional 10% for the amount in excess of $500,000.  For properties in the $1 Million and above price range, the minimum is 20%.

Closing Costs

Buying a house does not only entail a down-payment. There are other costs related to a home purchase such as legal costs, home inspection fees, property tax, home inspection fees, etc.  You must ensure you have funds available for other costs.

Hire a Real Estate Broker

Once you have been pre-qualified for a mortgage and you have determined that you have enough funds for your down-payment and other costs, it is time to hire a real estate broker.

Your broker will help you in every step of the complex process of purchasing real estate.  With his expertise, you can be sure that you invest in a worthy home and pay only a fair price.

Compare Top Real Estate Agencies in Sault Ste-Marie to Buy or Sell a House

You may be surprised to know that there are hundreds of real estate brokers and agents in Sault Ste-Marie. How can you find the right one for your real estate project?

Rather than call around and waste hours on the phone, or take a chance on advertisements, use our free broker comparator and compare brokers from the comfort of your home.

Save on time and energy while comparing only the finest brokers in your area from our network of qualified and experienced brokers.

Comparing real estate brokers and agents is the best way to make sure you hire the right partner for your home sale or purchase.

Our Broker Partners Serve All of Sault Ste-Marie

Regardless where you wish to buy a house or where your house for sale is located, our broker partners are ready to help.

You can find a broker from our wide network to serve you in the following areas:

• ✓ Bayview
• ✓ Broadview Gardens
• ✓ Eastside
• ✓ Cedar Heights
• ✓ Grand
• ✓ Fort Creek
• ✓ Meadow Park
• ✓ Grandview Gardens
• ✓ Point des Chenes
• ✓ Steelton
• ✓ The P Patch

Don’t hesitate to work with the finest brokers from our network for buying or selling a house anywhere in Sault Ste-Marie.

Frequently Asked Questions (FAQs) about Real Estate in Sault Ste-Marie

As a buyer or seller, you surely have questions about real estate that may be causing you anxiety or uncertainty.

We want to help in making your real estate project a success. Therefore, we have put together some of the most commonly asked questions for your consideration.

What is the average home price in Sault Ste-Marie?

Did you know that the price of a house in Sault Ste-Marie is not even half the price of a similar property in Toronto?  In 2016, median home price in the city stood at $199,900.

What type of properties are available for sale in Sault Ste-Marie?

There are many types of properties in the city, from 1-bedroom to 5-bedroom homes. There are also cottages for sale. Most investors pick 3-bedrooms or larger-sized homes to take advantage of lower real estate prices.

How do property taxes in Sault Ste-Marie compare to other Ontario cities?

Sault Ste-Marie has one of the lowest property taxes in Northern Ontario.  This is a great incentive for many Canadians to live and do business here.

Why should I hire a broker to buy a house in Sault Ste-Marie?

You are not legally required to hire a broker to make a home purchase. But considering that you are making one of the biggest decisions and financial transactions in your life, you really need someone skilled and experienced to help you.

What are some of the biggest real estate brokerages in Sault Ste-Marie?

There are several big real estate brokerages all over Sault Ste-Marie, including Sutton, Remax, Royal Lepage, and Century 21.

How much is the commission fees of real estate brokers?

In Ontario, the average commission rate is 5%. However, this is not a fixed rate and brokers can charge more or less, depending on their experience, track record, and the services they include in their rate.  Of course, discount brokerages offer reduced rates because sellers will be doing more of the work.

Can I ask my broker to work for less commission?

There’s no rule that says you can’t negotiate the commission with your broker. However, keep in mind that you want your broker to be very interested in selling your property.  If you want to sell your home quickly and for the best price, it is best to give your broker a fair commission.

Can I save money by selling my house without a broker?

You may be able to save money by selling your house without a broker. But the thing is, by cutting out brokers and agents from your project, you may end up losing more money by not being able to sell at all.  The average commission for a $200,000 home is $10,000.  You may lose more than that amount if you don’t sell your home.

Free Broker Comparator to Find the Best Sault Ste-Marie Brokers

There has to be a better way to buy and sell a house than going it alone. Absolutely, selling or buying with a broker is the best way to do real estate transactions.

But there is also a better way to find the right broker. With so many of them in Sault Ste-Marie, you need to compare qualified brokers who can give you 5-star service for a reasonable price.

Our broker partners are highly-qualified and were hand-picked based on their qualifications, experience, performance, and commission rates.

Fill-out our online request form to get competitive real estate proposals from leading brokers in your area.