CHARNY, QC, Feb. 11 /CNW Telbec/ - Since January 1, 2009, ByTheOwner.com,
Canada's largest private real estate network, has been guaranteeing its
clients that they will make more profit by selling their home privately than
through an agent or real estate broker.
"During this economic slowdown, Canadian homeowners are seeing the value
of their homes grow less quickly than in the past," explains ByTheOwner.com
president Nicolas Bouchard. "So we are guaranteeing our clients that they can
maximize their profits by not paying a commission to an agent."
Offered throughout Canada, the "Double Your Money Back" guarantee
provides a reimbursement of 200% of ByTheOwner.com's registration fee to
anyone who fails to sell a home after 90 days' posting on the site, and then
uses a real estate agent who succeeds in selling the house. This is, of
course, on condition that once the commission has been paid, the owner's
profit is greater than it would have been with ByTheOwner.com.
Mr. Bouchard believes that very few of his clients will need to take
advantage of this guarantee since commissions considerably reduce the benefits
to a vendor. "For an agent's client to achieve the same profit, the sale price
must be significantly higher than the owner would have normally set,"
concludes Mr. Bouchard. "Many agents claim they can obtain a better price than
owners selling privately, but our experience indicates this is generally not
Based in Charny, in the Quebec City area, ByTheOwner.com offers a full
Web-based real estate service permitting individuals to sell their homes
privately with no agents and no commissions.
Since the company's founding in 1997, more than 24,000 Canadians have
sold their properties through its network, which regularly posts more than
7,000 properties online and receives more than a million visitors monthly. In
2008, ByTheOwner.com was ranked among Canada's 125 fastest-growing companies
according to Profit magazine, and also came 13th in L'Actualité magazine's
rankings of Quebec's growth leaders.
For further information:
For further information: Frédéric Auger Director, Communications -
ByTheOwner.com, 1 866 387-7677 #123, firstname.lastname@example.org