Ontario house prices, for the most part have seen exponential pricing increases. That’s why now, more than ever it is important to have the best strategies for saving money and cutting costs as much as possible, wherever possible.

The Biggest Expense When it Comes To Buying and Selling A House

Realtor commissions are by far the biggest expense when it comes to buying and selling a house. It is a common misconception that only the seller is out of pocket on these fees, but that is not true. Although the seller does physically make the payment to the real estate agent or brokerage, the money actually comes from the house buyer.

Get Better Deals and Discounts through Negotiations or By Shopping Around

Another common misconception is that realtors only charge a commission based on the total selling price of a property. The truth is, that because realtors in Ontario don’t have federally regulated price structures, they are able to set their own fees, as such commission is not the only way real estate agents can charge. It is becoming more and more common to see realtors who opt out of the commission plan in favour of flat fee rates, or per service charges. For the consumer this translates into the ability to get better deals and discounts through negotiations or by shopping around.

Buyers (and only buyers) can even get cashback from realtors in Ontario, although it is not widely offered. It is certain that a lot of calling around will be required before being able to find a real estate agent that will agree to it, given that this rebate comes directly out of the agent’s commission.

Tips For Buyers to Get Cashback from Realtors in Ontario

Look for newer real estate agents, or ones that don’t have a massive advertising presence. These less in demand realtors maybe looking for a way to bolster their reputation or increase referrals and they may consider offering cashback rebates a good investment in building business.

Tips for Buyers AND Sellers to Get Cashback from Realtors in Ontario

Both buyers AND sellers can get cashback from realtors in Ontario if they shop smart. Shop2Save, gives their members the tools to earn cashback from many of life’s major service expenses like buying and selling real estate, home and automobile insurance and even arranging mortgages. In addition to the cashback rewards that can be earned during these transactions, Shop2Save also offers wholesale volume based discounts through their innovative purchasing platform and convenience e-wallet.

Volume Purchasing is Integral to Getting better Deals

Membership with Shop2Save is free because the bigger the members base, the more power Shop2Save has to approach manufacturers and wholesale distributers directly for even bigger savings. The rewards structure speaks for itself: for every dollar generated in revenue when members purchase a product or arrange a service 45% is added directly to the members e-wallet, and 5% goes to Canadian children’s hospital.

And, because volume purchasing is integral to getting better deals, members get an extra 5% on purchases made by referrals.

The best strategies for saving money, cutting costs, and yes, earning cashback from realtors in Ontario are only a few clicks away. Visit the Shop2Save site today to discover how you can make your money stretch farther.