Veer Philosophy 
There are currently 2 blog entries related to this category.
5 Myths of Discount Real Estate.
Wednesday, February 16th, 2011 at 12:59pm. 253 Views, 0 Comments.
MYTH #1: Higher Cost Brokers Can Get us a Higher Sale Price.
Reality
- Many discount brokerages such as Veer offer FULL SERVICE.
- Sellers should ask their Realtor how they can they guarantee a higher sale price if they pay a higher commission?
- VEER guarantees that sellers will save commissions. Agents claiming they can get a higher sale price cannot guarantee their claim.
- As any economist will tell you, the market dictates the final sale price.
MYTH #2: Some Realtors Boast That They Have a Lot of Signs in the Area Which Means They Sell A Lot Of Homes.
Reality
When it comes to selling your home, market share or company brand doesn’t matter because greater than 90% of the homes are normally sold through another…Equity Versus Commission
Tuesday, December 14th, 2010 at 3:30pm. 249 Views, 1 Comments.
Professionals estimate that Canadians move on average between 5-7 times in their lifetime.
Lets look at a typical scenario. A newly married couple, Joel & Sara, buy an average priced Calgary home ($480,000) with 5% down under prevailing interest rates and a 35 year amortization.
After 3 years of diligent work at their respective jobs and monthly mortgage payments of a little more than $2150, Joel and Sara become pregnant with their second child. They feel they are outgrowing the space and decide to list their home with a traditional brokerage.
After 3 years, they have made payments totalling over $78,000. During this time, however, only $18,350 went towards the principle debt and close to $60,000 was paid as interest on the…