Lee Thompson REALTOR®

Contact Info

Phone:

(778) 676 8400

Email:

londonlee@live.com

Website:

onepercentrealtyvictoria.ca

Support Area:

Victoria

My Social Profiles

Get a Top Real Estate Agent Working For You

 LEE THOMPSON

our mission: To provide you with "full service" at a

FRACTION OF THE PRICE when selling;

and to provide you with "full service" and REBATE CASH BACK TO YOU when purchasing

** Wondering what your BC Assessment value is for 2021?

You can now find out at:  https://bcassessment.ca/ 

 Our team has been one of the 'Top Discount Real Estate Agents' in Sales in Victoria for the past 12 years or more. We have consistently ranked in the top 1% in Sales of all 1200 or so Agents at the Victoria Real Estate Board ...

Following are a few of the things we do for you as my valued seller and/or buyer:

1. We suggest that superb pictures be done of your property through a company called 'V I Standards Real Estate' .. https://standardres.ca/ .. they also provide concise 'floor plans' of your property.

2. We pride ourselves on being excellent 'negotiators' when you receive an offer.

3. We will give you a 'free' and 'accurate' home evaluation based upon our years of experience in the Victoria marketplace.

4. We always ask other agents that have shown your property for 'feedback' after the showing.

5. If you are buying a property we will set you up on a system called PCS (Private Client Service), whereby you are 'emailed' properties that match your selected criteria.

6. If you are buying a property we encourage you to give us any properties you may be interested in and we will do the research to provide you with as much historical data as necessary for you to have an informed opinion of that property.

7. Simply give us the contact information for a friend, family member, business associate, etc. who may be listing or purchasing a property in the future, and we will PAY you a finder's fee of up to $1,000 if they successfully buy or sell a home using us as their agent of choice (of course you may give us more than 1 contact and be paid multiple times; sorry you may not refer yourself)

PLEASE CONTINUE READING BELOW TO GET MORE SPECIFIC INFORMATION ON OUR "CASH BACK BUYER REBATE" AND OF COURSE ON OUR LISTING PROGRAM WHEREBY YOU PAY ONLY $9,950 TO LIST YOUR PROPERTY (1% + $950 IF OVER $900,000)

 If you are wanting to list your property, please "scroll down" to the SELLERS part of this website!

BUYERS

GET BACK $1,000 - $4,000 OF THE MLS BUYING COMMISSION

(ANY Property, Listed by ANY Agent)

                 EXAMPLE:      $2,500* CASH TO YOU 

 (*on a purchase price of $850,000, based on buying commission of 3% on 1st $100,000 plus 1.5% on balance)

EXAMPLES:

PURCHASE PRICE          CASH REBATE*                                          

$350,000 - $550,000                    $1,000

$550,000+                                    $1,500 

$700,000+                                    $2,000

$850,000+                                    $2,500

$1,000,000+                                 $3,000

$1,150,000+                                 $3,500

$1,300,000+                                 $4,000 maximum

(*based on buying commission of 3% on 1st $100,000 plus 1.5% on the balance)

How would you use this extra money? .. Perhaps to help with your closing costs, buy some new furniture, etc.

Why would we give away $1,000 - $4,000 of our commission? .. Perhaps you may buy a home sometime in the future, and you will have forgotten all about us .. This is simply an incentive to help you remember us!

What will we do for you?  .. We will show you as many properties as necessary to find the best home for you .. We will share our market knowledge with you .. We will provide comparable properties for you to digest .. We will provide the original purchase price of the property, assessed value, etc. .. We will NEGOTIATE the best possible deal for you!

..... WE REDUCE OUR COMMISSION, NOT OUR SERVICE .....

 HOW DOES A BUYER AGENT GET PAID?

Typically the Buyer's Agent makes a commission of 3.0% on the first $100,000 and 1.5% on the amount above $100,000 .. So on a purchase of $700,000 the Buyer's Agent would make $3,000 on the 1st $100,000 and $9,000 on the remaining $600,000 for a total buying commission of $12,000.

HERE'S HOW OUR REBATE WORKS:

NEW HOMES:  The developer charges a price for a newly constructed home. If you make an offer with a real estate agent at your side, then the developer will pay your agent a commission (of which we, as your Cash Rebate Guy, would give you $1,000 - $4,000 back as a CASH rebate. However, if you buy that same home without an agent, the developer will charge you the same price but you will NOT be eligible for a rebate.

By law, the developer can only pay a commission to a licensed real estate agent.  Please Note:  You MUST contact us BEFORE you step into a Developer's Show Home/Model for the very FIRST time or you may lose your right to a cash rebate!

RE-SALE HOMES:  Let's say a TRADITIONAL real estate agent charges the seller a commission of 6% on the 1st $100,000 plus 3% on the balance of the sale price of a home to list it. If a buyer shows up with a real estate professional, then both agents share in the commission.  However, if only YOU show up and buy with NO real estate professional, then the listing agent just keeps ALL the commission. The listing agent will NOT give you a discount because they represent the seller, not you!

Now, if you use US to write the deal, then not only will we represent you, but we will also give you $1,000 - $4,000 of our commission .. WOW!

For example:  If you purchase a home for $700,000, then your BUYER CASH REBATE could be $2,000 (buying commission of 3% on 1st $100,000 plus 1.5% on the balance).

 BONUS:

 Have you ever had a friend say to you? .. I saw a home listed on www.realtor.ca and phoned my agent to inquire, only to find out that the home had already been sold.

When we, as agents, list a home and enter the information into the computer it takes from 1-3 days for the www.realtor.ca people to pick up the information to put on their Multiple Listing Service website. However, the information is available to all 1200 or so agents and their clients who receive emails automatically as soon as the property is listed.

Anyone who is seriously considering purchasing a home should be on this system rather than waiting for the property to show up on www.realtor.ca

SO JUST SEND US AN EMAIL INSTRUCTING US TO PLACE YOU ON THIS SYSTEM (PCS-PRIVATE CLIENT SERVICE) .. There is no obligation on your part ..

SELLERS

 Now please see below for the DEAL for people who want to LIST and SELL their home .. the DEAL that has been so successful for US!

 LIST on the MULTIPLE LISTING SERVICE

 FULL SERVICE FOR $9,950

(1% + $950 For Homes Over $900,000)

*Includes BUYER AGENT COMMISSION of $4,500

SELLERS .. FULL Multiple Listing Service for $9,950 (1% + $950 for homes over $900,000)

 YOUR HOME       TOTAL COMMISSION      * OTHER GUYS       YOU SAVE

 $300,000               $9,000 + $950                     $12,000                  $2,050

$600,000               $9,000 + $950                     $21,000                  $11,050

$700,000               $9,000 + $950                     $24,000                  $14,050

$900,000               $9,000 + $950                     $30,000                  $20,050

 * compared with a broker charging 6% on the 1st $100,000 plus 3% on the balance; not all brokers charge the same.

 Serving the Greater Victoria area, we were the top 1% agents in Victoria for 2006-2017 inclusive, as well as being among the top 2% in sales of over 1200 Victoria agents for the same period (VREB stats. 2006-2017). 

Why Pay Thousands on Real Estate Commissions?

 SELL YOUR HOME FOR ONLY $9,950 (1% + $950 IF OVER $900,000)

  FREE MARKET EVALUATION OVER THE PHONE IF YOU PREFER (followed up by a visit to your home of course).

 At last another choice. How many times have you anguished over the fact that you, or others that you know, have paid too much money to a real estate agent to buy or sell a home? Well, you do not need to frustrate yourself anymore.  One Percent Realty Vancouver Island can help you out. We are full service real estate agents specializing in residential sales in the greater Victoria area .. We understand the consumer's need to find value at every opportunity.

EVERYTHING that we do is focused upon selling your property. All our listings get double exposure on the internet .. www.realtor.ca and www.onepercentrealty.com

THE ONE PERCENT DEAL

What will it cost to sell your home? .. Simply put, if your home is sold for $900,000 or less, then you pay $9,000 in commission plus $950 in disbursements plus GST. You pay only if your home sells, and there are no up-front costs or hidden charges. If your property is sold for more than $900,000, then you pay 1% in commission, plus $950 in disbursements plus GST.

* Strata property sales will usually include a small additional charge to pay the strata management company for copies of minutes, by-laws, etc. .. this fee is usually less than $100.

TYPICAL REAL ESTATE COMMISSION

The typical real estate commission is either 6 or 7% on the first $100,000 plus 3 or 4% on the balance of the selling price. The average single family home in the Victoria area sold for approximately $700,000 in 2017.  This would equate to a total commission paid of $6,000 (6% of 1st $100,000) plus $18,000 (3% of the balance) for a total commission of $24,000 plus GST of $1,200 (yes, GST on a larger amount is certainly more) for a grand total of $25,200 .. again, our commission (including less GST) is $8,347.50 for a gigantic savings to you of $16,852.50. We are sure you would agree that you would prefer to spend this savings on yourself rather than give it to another agent for listing your home on the Multiple Listing Service just like we do.  The biggest real estate salesperson in the country goes by the name of www.realtor.ca and any agent can put your property on it - so why not do it with us and save thousands of dollars!

MOST FREQUENTLY ASKED QUESTION

Will Other Agents Show Properties Listed With 1% ?

This is the number 1 question that we get almost every day .. Yes, unfortunately there are some agents who are reluctant to show our properties because they will make less money. At last count there were over 1200 agents in Victoria - so let us presume that some are indeed reluctant to show our listings .. the vast majority of agents are instructed by their clients to show the property, because they have seen it on-line and now want to see it in person. We, as real estate agents, are bound by a very strong code of ethics, preventing most agents from even thinking about not showing our listings. On a personal note .. approximately 80% of our listings that sell are sold by other agents (Re/Max, Royal Le Page, Pemberton Holmes, DFH, etc.) .. so obviously our listings are shown by the majority of other agents day after day. Oh, one more thing .. we did more deals from 2006 - 2017 than 98% of agents in Victoria, which again emphasizes the fact that many, many agents show and sell our properties.

PLEASE DO NOT LET SOMEONE ELSE TELL YOU ABOUT OUR SYSTEM

IF MY PROPERTY IS NOT SELLING WHAT DO YOU SUGGEST?

If your property has not sold in a reasonable amount of time it is usually due to the PRICE, not because of our service or concept .. from time to time some of our sellers feel the need to entice other agents by offering them more commission .. we can of course offer this as well, if that is your wish, although as previously stated it is usually the price that is holding back a sale, not the amount of commission that is paid to the other agent. If this were years ago when the Multiple Listing Catalogue was used, then some agents would dictate what listings you would see (and perhaps they would not show the ones with the lowest commission) .. if we were around back then they would have destroyed our concept, however nowadays the catalogue has been replaced by the 'internet' and the consumer (buyer) is in control NOT THE OTHER AGENT.

TESTIMONIALS

We felt totally confident in the ability to get the job done for the best possible price with the full service we expected. We saved thousands of dollars on fees and even received a BONUS rebate when they helped us find our new home. Thanks ... Mike & Betty

A very good experience .. They were the the agent for both the sale of my home (which sold for full list price on the 1st day!) and for the purchase of our new home, on which we received a large REBATE from their commission .. Jay

They sold our condo in 6 days and we saved $4,025! They also found us our new home. They shared part of their commission with us. How often do you get money back when buying a home? .. Brandon & Bridget

SUPPORT FROM FULL COMMISSION AGENTS

PLEASE UNDERSTAND THAT A GOOD HOME, WELL PRICED WILL SELL! .. ANY HONEST AND TRUTHFUL REAL ESTATE AGENT KNOWS THIS. IF YOUR HOME IS WELL KEPT AND PRICED ACCURATELY, IT WILL SELL .. IT HAS NO RELATIONSHIP WITH THE AMOUNT OF COMMISSION THAT YOU PAY .. MOST BUYERS DO MOST OF THEIR OWN SEARCHING ON THE INTERNET OR THEIR LOCAL REAL ESTATE NEWSPAPER, EVEN WHEN THEY ARE WORKING WITH ANOTHER AGENT.

IF YOU HAVE HEARD ANYTHING NEGATIVE AS TO WHY ONE PERCENT REALTY VANCOUVER ISLAND WON'T BE ABLE TO SELL YOUR HOME AS WELL AS ANY FULL COMMISSION AGENT .. REMEMBER THAT IT IS JUST 'NOT SO' .. GOOD BUYER AGENTS FIND THE RIGHT HOMES FOR THEIR CLIENT, NOT HOMES WHERE THEY MAKE THE MOST MONEY. WE HAVE A PROVEN RECORD WITH COOPERATING, FULL COMMISSION AGENTS .. AS OF THIS DATE WE HAVE DEALT WITH 100'S OF COOPERATING, PROFESSIONAL AGENTS THAT HAVE SHOWN (AND SOLD) OUR LISTINGS. THANKS TO THEM AND THEIR SUPPORT, WE HAVE BECOME ONE OF THE TOP DISCOUNT COMMISSION AGENTS IN THE COUNTRY (AS EVIDENCED BY STATISTICS SUPPLIED BY VREB FOR THE PAST 15 YEARS, 2006-2020 INCLUSIVE).

IF YOU ARE CONFUSED AS TO WHY MOST REAL ESTATE AGENTS WON'T DISCUSS GIVING YOU A BREAK ON COMMISSION WHEN THEY LIST YOUR HOME FOR FULL COMMISSION, THEN HELP YOU PURCHASE A NEW HOME .. THEN PERHAPS YOU SHOULD CONSIDER OUR BUYER CASH REBATE (SEE 1ST PART OF THIS WEBSITE).

THANK YOU FOR YOUR PATIENCE WHILE VISITING THIS WEBSITE .. WE HOPE WE HAVE SHED SOME LIGHT ON WHAT I DO.

WE Reduce Commission, Not Service!

'Changing the Rules'