Cornerstone will never charge a client for advertising costs. While some agents try to recover some of their marketing costs in the event of a non-closure, Cornerstone will never charge its clients costs of any kind. Cornerstone’s commission rate is standard for lands and buildings (residential or commercial) at 3% of the closing price. For rentals and leases, it is equal to one month’s rent. We do not normally negotiate short-term rentals (rentals less than 1 year) unless previously agreed upon with the client. Short-term rentals agreed upon and executed are billed on a pro-rata basis as follows: For exclusive listings, Cornerstone uses a judicious mix of marketing techniques (based on the type and location of the property) which has proven to be very effective for us over the past several years and continuing. These include (but are not limited to) the following: CornerStone does not charge its clients for listing property. All costs involved in the marketing, exposure, showing, negotiating etc are paid for by us. Related transaction costs (ie: appraisal fees and WASA clearance certificate fees etc) are paid for by the client. Yes! We encourage referrals (properties for sale only, not rentals) and will mail a check to you (drawn on a local bank) normally within 2~3 weeks of closing on your referred property. At present, our referral fee is 0.25% of the closing price up to a max. of TT $4,500. To be paid, please ensure that the person(s) you refer to us lets us know when they first contact us (or you may contact us yourself beforehand). Remember that we would require a name and mailing address to send your check. Any information given to us is held in strict confidence–please review our Privacy Policy for more information. Referral fees are paid to individuals and not to a real estate agent (those are handled via a co-broker arrangement). To provide the highest level of client satisfaction and to effectively manage all aspects of the sale of your property, Cornerstone prefers exclusive control of your listing, typically for Three (3) months. During this period Cornerstone will employ all resources at its disposal to market and network your property, along with a group of well-established and reputable local realtors to arrive at a closing in the shortest possible time with the best available market value. Although Cornerstone accepts non-exclusive listings (listings given to more than one agent at the same time), all our marketing channels cannot be used with this type of listing. We typically experience less effective results with non-exclusive listings due to the reduced marketing channels. Yes, you may email us your photos as we always welcome property images. As part of our normal listing process, we will visit your property to take our own photos but if you already have photos, we may use these in combination with our own photos. If sending us photos, please ensure that they are 1400 pixels wide X 900 pixels high or larger (we accept all image file formats). Cornerstone Properties typically charges a commission which is payable by the client (property owner) when the sale (or lease) has been consummated. A sale is normally considered consummated after: Cornerstone lists a wide variety of properties which include (but are not limited to) the following:
Will I have to pay for advertising?
What is your commission rate?
(Monthly Rental/12) x Rental Term in Months
How will Cornerstone market my property?
How much does it cost to list my property?
Do You Pay for Listing Referrals?
Do you accept non-exclusive listings?
Can I send you my own property images?
Will I have to pay a commission?
What type of properties do you list?
Non-exclusive listings typically involve only these channels.