- No contract, no fee, no listing agreement.
- You never send money to anyone.
- Your own lawyer protects you at closing.
- Funds move lawyer to lawyer, in trust.
What we never ask for
- Upfront fees or deposits from the seller
- A listing agreement or exclusivity contract
- Your banking passwords, ID documents or title documents
- Power of attorney
If anyone claiming to be us asks for these, don't send them, and contact Colton directly.
How your money is protected
The buyer's deposit goes into a lawyer's trust account. At closing, the private lender sends the mortgage funds to their lawyer, who completes the transaction with your lawyer. Your lawyer pays out your mortgage and sends you the balance. Title transfers only when your lawyer has the money.
Who we are
No Commission System is run by Colton, based in Calgary, Alberta, and helps for-sale-by-owner sellers across Canada (excluding Quebec). We are not realtors. You can text us or book a call with Colton through NoCommissionSystem.com.
Sell it yourself, with more buyers calling
Add the private-financing header to your ad and let our private lender qualify the buyers the banks turn away. No commission, no contract, no obligation. Listing takes about 5 minutes.
Frequently asked questions
Is this a scam? Can my house be stolen?
No. Nothing is signed with us. Once the lender approves a buyer and they write an offer, the buyer, the lender and you each choose your own lawyer. The lender sends the funds to their lawyer, who closes with your lawyer, exactly like a bank-financed sale.
Do I have to sign a contract?
No. There are no contracts and no obligation. You just place the new header on your ad.
How much does No Commission System cost the seller?
Nothing. There are no fees, no commission and no contract. We're paid on the buyer's side, through the private financing for buyers who can't get a bank mortgage.
Is No Commission System a realtor? Is there a listing agreement?
No. We're not realtors. There's no listing agreement and no commission. You keep selling your home yourself and just add a financing header to your ad, so more buyers call.
How does closing work?
The same as a sale with bank financing. The private lender forwards the funds to their lawyer, who completes the transaction with the seller's lawyer. All paperwork goes through the lawyers.
Related guides
General information for Canadian home sellers, not legal, tax or financial advice. Rules and fees change, so confirm the details with a real estate lawyer in your province before you sell.