Lake Scugog Historical Society Historic Digital Newspaper Collection

Port Perry Star, 14 Aug 1990, p. 42

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How realtors earn their money From Page 4 ple Listing Service (MLS), a percentage of the total commission would also go to the co-operating broker and his or her salesperson. The proportional split of commission fees between broker and salesperson varies from firm to firm and is largely dependent on the amount of operational and advertising costs a salesperson is expected to carry. Some firms also have desk fees. Much also depends upon existing competition bet- ween real brokerage firms to attract and maintain good salespeople. Some brokers may pay an ex- tremely high percentage of the total commission to ' PORT PERRY'S LONGEST ESTABLISHED REALTOR Toronto Line 686-3931 112 SCUGOG STREET - PORT PERRY - ONTARIO ~ $169,900: Custom built raised bungalow, Washburn Island. Call STEVEN BROUWER 985-7386 or 986-0687. 'MANILLA': 3 bedroom starter home, new siding, deal at $119,900.00. For more information call 986-0055. 'EAST OF PORT PERRY": $69,900.00 for this 3 bedroom, full water access across the road. Call CAN 985-7386 or 986-0055. 'SCUGOG POINT ESTATES":3 plus 1 bedroom, spotless condition, overlooking Lake Scugog, 18' x 36' inground pool, walkout to deck. $225,000.00. Call PEN- NY or ERNIE DUNCAN 985-7386 or 986-0055. SCUGOG POINT COTTAGE: Totally renovated 3 bedrooms, treed lot. Only $112,900.00. Call 985-7386 or 985-0718. LAKE SCUGOG LAKEFRONT: 3 bedroom b fireplace. Asking $169,900.00. Call CHERYL HONEY'S BEACH: 2 waterfront lots, 67' and 70' CHERYL HILL $115,900.00. Call MARK SMITH 985-7386 or 985-3110. SONYA $229,900.00: Brick and an Features floor to ceiling 16 foot bri floor laundry and a 1200 sq. ft. 985-3398 for viewing. BALL POINT $155,700.00: 3 year old 2 plus 1 bedroom bungalow, full basement, double attached garage, 1 acre lot. Call DEBRA-ANN TAYLOR 985-7386 or 985-8881. SEAGRAVE $119,900.00: Updated 2 bedroom bun shed with hydro. Summer possession. For more i 985-7386 or 985-8881. SOUTH OF BLACKSTOCK: Totally renova 250 ft. road frontage. Country setting with JOHN WOLTERS 985-7386 or 986-4303. 98 ACRES: South Blackstock, 2 storey brick home. $465,000.00 with 11 percent mortgage. Call 985-7386 or 986-4303. JOHN WOLTERS _ renovated throughout, close to stores. Real ERNIE or PENNY DUNCAN 985-7386 or y furnished cottage, deeded today to view this property with PENNY OR ERNIE DUN- ungalow, full walkout basement, 1; baths, HILL 985-7386 or 985-0718. frontages, small cottage. $119,900.00 and gelstone, 5 bedroom sidesplit with double attached garage. ck fireplace, sunken living room, skylights in kitchen, main workshop/garage. Call BONNIE STEELE 985-7386 or galow. Full finished basement, 2 decks, nformation call DEBRA--ANN TAYLOR ted 1" storey, 3 bedrooms. Almost 1 acre lot with small barn and shop. Priced at $189,000.00. Contact 28.54 ACRE TRAILER PARK: East of Port Perry. Seasonal serviced trailer sites. Mixed bush with trails, large pond included. 3 bedroom bungalow and recreation hall. Priced at $795,000.00. Contact JOHN WOLTERS 985-7386 or 986-4303. OPEN HOUSE SATURDAY, AUGUST 18th -- 1 - 3 P.M. Directions: Durham Road 57 to Concession 2, east 5 miles, follow signs. BLACKSTOCK $174,900.00: Bring us an offer! 3 bedrooms, country kitchen, fireplace, finished basement. For further information call 985-7386 or 985-3398. BONNIE STEELE their top sales staff -- as much as 100 percent in some cases, others may be lower. Generally, the higher the percentage split, the higher the costs salespeople must carry. A 60/40 percent split would probably in- dicate that the broker car- ries a good proportion, or all of the operating costs. Most salespeople starting out in the business are not paid the higher percentage splits. Some brokerage firms may also give out special business bonuses once a certain level of sales have been attained. Some may also offer a variable split, depending on the volume of business their salespeople do. Many of these policies fluctuate in accordance with market trends. Typically, the commis- sion paid for the sale of a property is split four ways between the listing broker and salesperson, and with the broker and salesperson of the selling firm. If a salesperson is for- tunate enough to be both the listing and selling agent, then he or she would split the total commission with the broker, according to the policy of that particular brokerage. This article is provided by local Realtors and the On- tario Real Estate Associa- tion (OREA) for the benefit of consumers in the real estate market. HEAD OFFICE: 8444 Woodbine Ave., Markham, Ontario Phone: (416) 475-6266 Fax: 475-3629 BRANCH OFFICE: 114 Main Street W._, Stouffville, Ontario Phone: (Tor. Dir.) 640-4151 (Mount Albert) 649-1444 Fax: 642-0713 ALDREDS BEACH SIDESPLIT $179,900. Harry Tripp 640-4151, 985-7077. 2700 SQ. FT. & 0.4 ACRE, IN TOWN unfinished basement. $369,900. Harry Tripp 640-4151. When You're BUYING OR SELLING try the PORT PERRY STAR "CLASSIFIEDS" 985-7383 Only one owner. 4 bdrms, finished basement, single garage. Large lot, excellent condition, landscaped. 4 bdrm., main floor family room. w/o to large deck. Til-- ed entrance, oak floors in L.R. & D.R. 2 fireplaces. Full W. FRANK REAL ESTATE LTD. SAT., AUGUST 18th - 1 to 3 PM DIRECTIONS: Durham Road 57 to Concession 2, east 5 miles, follow signs. Your hostess, Bonnie Steele 985-7386 CANANNNNNNNNNNNNRNSSSY EE SS NAAARRRRRRRRRRRRRRNNIS 7 2777727272222 2222220020020 000 rrr rrr rrr rr YY Yr OME HUNTERS NEED LOOK NO FURTHER THAN THE FIRST CHOICE REAL ESTATE SECTION OF THE PORT PERRY STAR You'll discover every kind and style of home in a variety of price ranges each week in the PORT PERRY STAR'S FIRST CHOICE REAL ESTATE SECTION. Whether your looking for a bungalow, two storey. split level, semi detached, cottage. fam, or century home you'll find It listed here in the Real Estate pages that the professionals use. ILLS LLSISSSS SS SSS SSS SSS SSS SSS SSS NN For advertising made easy, contact the PORT PERRY STAR Advertising Department - 985-7383 P77 2222722722727272 220202202020 rT TP LE

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