Mississauga resident ecstatic after selling home for $500,000 over asking

Published September 29, 2022 at 12:16 pm

A Mississauga resident was over the moon after managing to sell his property for a whopping $500,000 over asking.

The ravine lot property, boasting four bedrooms and four bathrooms, was listed earlier this year at $1.9 million – but sold within a day of listing for $2.4 million.

Most real estate brokerages charge around 2.5% to 5% of the home’s price for commission, which in this case would’ve made the commission at least $60,000 – $120,000.

However, the seller sold his home with New Era Real Estate, a major brokerage based in Mississauga and serving cities across Ontario.

New Era sets itself apart by always charging a flat fee of $5,900 no matter the cost of the property, and allowing the seller to pocket the rest.

It’s run by experienced broker John Martino, who believes sellers shouldn’t have to suffer in a turbulent housing market that has seen property prices skyrocket over the years.

“Commissions are out of control and as this market remains unstable, now more than ever it’s important to save on excessive real estate commissions,” said Martino, who reiterates that New Era’s mission is to “maintain the full-service everyone wants but at a fair price.”

The brokerage has earned many glowing reviews and testimonials since its inception, such as from the client who sold the $2.4 million home.

“John set everything up and a plan was implemented. On the first day a couple preemptive offers came in and John was able to negotiate an amazing deal, above asking, more than what we were expecting and we closed that day,” said the client in a five-star review for New Era Real Estate.

He saved a total of $66,100 on the sale due to New Era’s flat rate commission.

In addition to the more affordable commission, New Era doesn’t lock its sellers into lengthy contract commitments, and no payment is required until the property is successfully sold and the deal closes.

New Era’s full service includes the personal home owners portal, market analysis, professional photography of your property, a variety of selling strategies, home preparation, a robust marketing/advertising campaign, scheduled showings and buyer qualification, negotiation, and much more. All New Era listings go on MLS and all major real estate websites and social media platforms.

All of New Era’s agents and brokers are fully licensed with years of experience, and sellers are matched with agents that specialize in their area.

Sellers also get access to a personalized web portal that provides everything they need to know about the sale of their home: Property photos and details as it would appear on realtor.ca, paperwork signed and broken down into layman’s terms, showing feedback, showing scheduling, messaging and more, keeping sellers fully informed in real time while still having 24/7 access to their agent.

New Era continues to serve numerous Ontario cities and regions including Mississauga, Toronto, Brampton, Orangeville, Hamilton, Niagara, Guelph, Georgetown, Halton, Durham, Toronto, and York.

Wondering how much your house is worth? You can contact New Era Real Estate directly or use their website, which allows you to accurately determine how much your home is worth and how much you could save by listing with New Era.

Book a free, no obligation listing appointment by visiting newerarealestate.ca/contact, calling 416-508-9929, or emailing [email protected].

For the latest news and updates, follow New Era on Facebook and Instagram.

New Era Real Estate – We Sell, You Save!

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