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Halifax Nova Scotia Real Estate Overview

A video overview of Halifax and the real estate available here. Provided by Sandy and Judy Hines of Royal LePage.

A REALTORĀ® in Halifax and the Nova Scotia Real Estate Agent

MLS Listing Realtor in Halifax, Mike Smith, sells another listing. Please visit my website to learn about the six rock solid reasons to list your ...

1465 Brenton Street, Halifax, NS MLSĀ®

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(SOLD FEB 12/10) 5355 Russell, Unit 302, Halifax, ...

ZAC SKEBO - REALTORĀ® for Halifax (HRM) presents: FOR SALE 5355 Russell, Unit #302, Halifax, Nova Scotia. MLS # 41238551. Homes, Condos, and more ...

Bucking tradition: 3 business models

By Kathy Bevan

One Percent Realty

One Percent Realty in B.C. is now one of the ā€œveteransā€ of Canada’s non-traditional brokerages. With a network of 140 salespeople serving most of B.C., the firm’s business model has changed very little since it first started up in 1998 in Vancouver. The company’s share of commission is still its namesake one per cent, but as of January 1, the minimum charge increased to $6,000 from its original $5,000. The firm also charges $900 per listing for MLS fees, title searches and a set amount of advertising; if the vendor wants more ads, there’s an additional fee.

ā€œI come from a project marketing background where the developer paid all your costs, so that’s where the business model came from,ā€ says company founder and broker/owner, Ian Bailey. ā€œI’d show them a book and say, ā€˜Here’s what an ad in the Real Estate Weekly costs, here’s what a virtual tour costs, what do you want to do?ā€™ā€

Bailey points to the addition of Schedule A to B.C. listing agreements, about four years ago, as a big plus for his business model. ā€œSchedule A basically says what you’re going to do – are you going to hold open houses, have a lockbox, advertise, what’s the deal? It’s been perfect for us, because prior to Schedule A, other Realtors could say, ā€˜You don’t get the level of service that we offer’,ā€ says Bailey. ā€œIt puts everything on the table and that’s what we’re all about. Realtors don’t really like discussing what the commission is, but we do. We talk about everything, what we’re going to do, what you’re going to get for that.ā€

Bailey says One Percent had about 2,000 sales last year – a recovery year for the B.C. market – and notes that his business model does particularly well working with consumers in small towns. ā€œThese are people who, if we’re saving them $10,000, know what that looks like and how long it takes them to get that $10,000.ā€

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