What about the Offer or the Agreement of Purchase and Sale? Who will prepare the Offer Documentation?
One option is for John Gagnon to prepare the Offer for a Low Flat Fee! See the Cost here 
The information you are about to read here will appear to be complicated in nature, but if you read it carefully over a couple times, it will all make sense to you! Understanding it will certainly save you thousands of dollars in unnecessary fees when the time comes. If you don’t care to know and understand this, then be prepared to pay thousands more for real estate transaction fees, I don’t know how rich you are and how much you can afford to throw out the window, it is all up to you to know your stuff and to be knowledgeable enough if you want to save money in this world! People will gladly take your money if you let them. When it comes to Real Estate and REALTORS® many Buyers and Sellers are uneducated in representing themselves effectively since the industry controls most of the information and sells itself as absolutely needed. I consider this information as valuable information which has been collected over many years of hard work and it took many valuable hours to prepare it.
You need to know that, as rule it is the Buyer’s responsibility to first make an Offer in writing to the Seller, if he is interested in buying the property! However when looking at properties, Buyers are not walking around with the required Legal Offer Forms in their back pocket and certainly don’t know how to complete them legally, therefore they perceive the need for a REALTOR® perhaps an Agent they trust to do this for them, which means that in many cases at least in our locality, the REALTOR® gets paid 2.5% and sometime as much as 5% if he is under a legal listing Agreement + HST, a fee to prepare an Offer with the intent of selling a property usually listed on the MLS® System. This can be very expensive for both the Buyer and the Seller. Because who is going to be paying for this? It is almost safe to claim that nobody likes to pay commission, taxes and fees. Most of the times, the Seller is forced to pay the commission and tries to include the extra cost in his selling price, this resulting in a higher purchase price to the Buyer. The Buyer always wants to pay the lowest price while the Seller always want to cover all his investments in the property and looks for the highest price, there lies the problem which results in many deals going sour in this Buyer’s Market and tuff economy at least here in the Quinte Area since 2009.
Therefore in a Private Sale or a For Sale by Owner situation, if the Seller receives an Offer from a REALTOR® on behalf of an interested Buyer, the Seller does not have to worry too much about the paperwork other than the legal costs to review it, since that REALTOR® will prepare all the necessary legal documentation required for the Seller or the Seller’s Lawyer needed in order for the deal to close and for him to get paid his or her commission. However the fact remains Who is going to pay the REALTOR®?
Another alternative especially in the case of a Private Sale where the Seller does not want to pay for any real estate commission and is looking to sell it directly to the Buyer, that Buyer could go to a Lawyer instead of a REALTOR®, to prepare the Legal Agreement of Purchase and Sale. However this could also be a very expensive process especially if the lawyer is involved in the Offer negotiations and more so if the deal falls apart later on. It can cost both sides dearly when 2 opposing lawyers get involved early in the process each negotiating what is best for their respective Clients, since lawyers in Ontario are no longer allowed to act for both sides in the same transaction; both the buyer and seller must have their own lawyer to represent their interest, this eliminating the obvious conflict of interest in a real estate transaction. I don’t believe most lawyer work for nothing even if the deal goes dead!
This is why John Gagnon Your Trusted Discount Broker and REALTOR® has included all the blank Legal Offer Forms with most of the Mere Posting Packages for you the Seller, where you would let the Buyers know right away at a showing or at an open house that you have the all the required Legal Offer Forms in your possession just in case the Buyer becomes interested in making you an Offer on the property right there and then. Provided is a 6 pages package Forms which includes the 5 pages of the Agreement of Purchase and Sale including Schedule plus the Waiver a page called Notice of Fulfilment of Conditions.
Buyers and Sellers don’t really need a lawyer or a REALTOR® to negotiate an Offer between themselves if they choose to; as a matter of facts many have done it successfully with Home HomeLife Mere Posting MLS® Listing since they can negotiate between themselves verbally and having put it in writing afterward on the required Forms. The buyer and the Seller may want their respective lawyers to review the Agreement and the Buyer’s Bank Financial institution will need a signed and accepted Legal Agreement of Purchase and Sale plus a copy of the MLS® listing Information Sheet to proceed with the financing on the property and will also need the signed Notice of Fulfillment of Conditions when applicable to release the funds for closing. Both the lawyers will need the same to proceed with the closing of the transaction.
The fact is that many Buyers and Sellers once faced with the situation, will find it easy and won’t mind at all negotiating the terms of an Offer verbally face to face or over the phone, such as negotiating the purchase price, the inclusions and exclusions and the closing dates. I am told by most Buyers and Sellers that have experienced this on my listings, that it is a much simpler natural and friendlier process and some Seller motioned being in a lot less stressful than their previous experienced having to deal with REALTORS®. After all buying or selling a house should not be like going to the dentist or a funeral home. This is particularly true with Mere Posting Listing Packages where Sellers have been educated in John Gagnon’s real estate secrets learned over 15 years of hard work as a Top Local REALTOR®, teaching you in how to successfully obtain and negotiate Offers for Top Dollars directly with Buyers. However many Buyers and Sellers are not going to feel secured enough to be involved in preparing properly their own Agreement in writing more so when it comes to the conditional aspects and the time table of an Offer such as financing, inspection, insurance and sometime other required conditions for both sides.
This is where John Gagnon Your #1 Trusted Local Discount Broker and REALTOR® can comes in handy after the fact to help both sides to save money by preparing your complete Legal Documentation of the Agreement of Purchase and Sale for a low Flat Fee compare for example to the Traditional 5% Listing Commission + HST if you were listed with a Traditional REALTOR®. The fact is that John has done this successful many times up to now for Clients and Customers alike , since John Gagnon is a Registered and Licensed Real Estate Broker, he is legally allowed to sit down around the table at his office with both the Buyers and Sellers all at the same time to prepare all the necessary paper work to reflect everything the Buyers and Sellers have verbally negotiated and agreed upon,this resulting into a Legal Agreement of Purchase and Sale and with the final meeting set up with John for the signing of the Notice of Fulfilment of Conditions in order to firm up the deal before sending it to the Lawyers for closing. Contrary to the rules that applies to lawyers in Ontario, a REALTOR®/Brokerage is allowed and can act on both sides of the transaction for both the Seller and the Buyer at the same time, either both as his Clients under Dual Agency, or both as his Customers under Customers Services or as a Client Agency for one and a Customer Service for the other. This is legally allowed for a REALTOR®/Brokerage as long as both sides agree to this arrangement and both sides understand and have been explain the relationship and it has been put in writing by the REALTOR®.
Let's face it, this is not any different than a Traditional 5% Commission REALTOR® doing an open house for his Seller and all the sudden a Buyer shows up and has that REALTOR® prepare an Offer immediately after the open house for the Seller and buys it directly from the Seller’s Agent because he likes it. The only difference is that Agent gets paid Big Bucks for doing the deal, sometime locally as much as 5% + HST as this is called in the industry, a double ender! When you do this yourself with the help of John, you pay yourself the Big Bucks and John gets peanuts really! For John as you may found out by now by reviewing this site and testimonials , that it is not about the big money but more about helping people by being a blessing to them! Now that may sound corny but they are still many people in this World who believe in helping others.
In the case of a Private Sale listed on the MLS® System, the Seller can also suggest to an interested Buyer at a private showing or at the Seller’s own open house, that the REALTOR® who is advertising the Private Sale of his property now with the blessings of the Competition Bureau on the MLS® System, for a Low Flat Feet John Gagnon can and could be trusted to prepare the required documentation for the purchase of the property for both Buyer and Seller once they have mutually verbally agreed on a price and they both agree in using John Gagnon for drawing the Offer Documentation.
The question is, how much is it going to cost and who pays?
Declaration of Insurance; John Gagnon Registered Broker of Record hereby declares that is insured as required by the Real Estate and Business Brokers Act (REBBA 2002) and regulations.