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Rock Point Realty
10006 164 Street NW, Edmonton, Alberta
P: (780) 757-5000
F: (780) 757-5002

Welcome to Rock Point Realty!!!!

Rock Point Realty’s fundamental commitment is to provide superior service to our clients at a lower cost than many leading competitors.

The superior service comes from our total dedication to acting in your best interests. We were once real estate clients too, and we always expected our associate to work hard and earn the commission that they received. We joined the industry for that very reason – to provide the type of “above and beyond” service that we always wanted.

The lower cost comes from our commission and incentive programs, when compared to industry members using the so-called “7 and 3” formula for commissions1. Here’s how that formula works: the total commission payable by the seller on the sale of a property is 7% on the first $100,000 and 3% on the balance, which is then split between the listing agent and the buyer’s agent. If a property sells for $500,000, each associate would earn $9,500 plus GST.

Rock Point Realty offers three programs that provide a distinct advantage over the “7 and 3” formula for both buyers and sellers:

We will list a residential property for a flat rate of $2,000 (Base Package) or $5,000 (Full Package), regardless of the value of the home. Compared to the “7 and 3” formula, this may offer significant savings2. Click Here For Details

We offer a “25% Cash Back to Buyers” incentive, which means that if a person buys a residential property through us, we will pay them 25% of whatever commission we receive as the buyer’s agent. Click Here For Details

When you combine our singular focus on the client’s needs with our flat rate listing commission and cash back incentive, I hope it is clear that we truly strive to offer more for less. Experience tells us that if you focus on the client first and offer tremendous value, the business will take care of itself.

Thank you again for considering Rock Point Realty. I hope that we can be of service to you now and into the future.

Warmest regards,

Steven M. Reid, B.A. LL.B.

1. There is no standard commission that must be charged by all industry members. Individual brokerages may set their own commission policies.

2. The point at which the flat rate of $5,000 and a commission based on the “7 and 3” formula align is for a home priced at $200,000. Please note that this does not include the commission to be paid to the buyer’s agent.

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. Data last Updated: Thu, 22 Jun 2017 06:10:11 America/Edmonton
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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