While your listing will be identical to the other homes that are for sale (by real estate agents), it will show all photos and all listing information, including the commission offered to an agent who successfully sells the home, and instructions for showing the home.

You don't need to be a licensed real estate agent to sell your property in NL. You will still need to work with a real estate lawyer. If you want to list your home on the MLS® System, it is required that your listing be checked by your listing brokerage's agent. That's brought about by the Real Estate Council of Newfoundland (NLAR) code of ethics.

Unlike other professionals who bill their clients at hourly rates, real estate professionals are paid a commission at the end of a sales transaction. If a real estate agent works with a buyer or a seller for weeks or months without a resulting transaction, they aren't paid for their time or expertise. A REALTOR® will likely not represent their buyer without receiving a commission.

While you save on one side (as the seller) we recommend offering a buyer's agent commission. If you're trying to attract interested buyers who are already working with a real estate agent, we recommend offering 2%. The choice is always yours to make.

Commissions are negotiable between real estate agents and their clients. It can vary between a flat rate or a percentage of the sale price once the property has sold. Rate is determined before the listing of a property. When you list with Blue-Chip Realty, we'll ask whether you'd like to offer a buyer's agent commission, and you can decide what you'd like to do.

When your property is sold, simply notify us by providing the necessary sale documentation, and we will update the listing status on the MLS®. There's no additional charge for reporting a sale.