Waterloo, On - 16 June, 2005 -

One of Waterloo's newest residents has come to town with a different kind of welcome gift for the neighbours: the opportunity to save thousands of dollars in real estate commissions. In addition to being among the most recent people to put down roots in Waterloo, Tom King is also Canada's newest owner of a PropertyGuys.com franchise. A former commercial and residential property inspector from Dartmouth, Nova Scotia, Mr. King says his new business venture is very similar to his previous employment. "I used to study the physical dimensions of a property and describe its characteristics from an insurance point of view. Now I get to use those same skill sets to help people prepare and sell their own homes." PropertyGuys.com is a commission-free, 'for sale by owner' marketing company. For a pre-set fee starting as low as $449, it provides clients with the support they need to sell their home privately: national marketing exposure, signage, web listing, legal forms and other support materials as well as the personalized attention of a PropertyGuys.com representative. According to the traditional real estate model, property owners pay realtors percentage-based commission fees to sell their homes. The standard six per cent commission on a $200,000 home means that a home owner is charged $12,000 for the realtor's help in selling their home, even if it sells the first day it's on the market. Ken LeBlanc, president of PropertyGuys.com, says that today's smart, independent consumers are comfortable selling their own homes. "There is a strong university influence in Waterloo, coupled with a proven do-it-yourself mindset. Once people realize that Tom is there to show them the steps they have to follow in selling their homes, and can help them save thousands of dollars in the process, I predict they will be very grateful he brought PropertyGuys.com to town." Mr. King says he has two messages for prospective property sellers in his franchise area: "PropertyGuys.com will save you money, and it works!" The expatriate Maritimer speaks from experience: he used the PropertyGuys.com marketing system to sell his Dartmouth home before moving to Waterloo. "I not only enjoyed the process, but I proved some experienced realtors very wrong when I sold my home for higher than their appraised value. PropertyGuys.com is the premiere 'for sale by owner' franchise in the country, with the widest marketing reach and the largest suite of services available." About PropertyGuys.com Established in 1998, PropertyGuys.com is Canada's leading private sale real estate marketing company with more than 50 licensed franchise units across the country. The company is a member of the Canadian Franchise Association (CFA) and has been recognized as one of the Top 25 Most Successful Canadian Franchise systems by Canadian Franchise Magazine. For more information, or a high res digital picture: Tom King Owner/Operator, PropertyGuys.com Waterloo, ON Tel: 519-886-7166 E-mail: tking@propertyguys.com Ken LeBlanc, BBA President, PropertyGuys.com Inc. Tel: 1-866-666-9744 E-mail: kleblanc@propertyguys.com

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