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Brokerage Fee

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Ryan Astrom | 05 Jan 2016, 04:07 AM Agree 0
Hi! I am planning to get a house for my family in Ontario. I have contacted this a real estate agent at Royal LePage http://www.royallepagemississauga.ca/. The agent hasn't told me how much amount will be taken as commission. Can someone tell me how much % do they charge as commission? Is it a fixed rate or do the rates depend on the agent?
  • Travis | 05 Jan 2016, 11:53 PM Agree 0
    When you are buying, you don't pay the commission. The seller pays usually 2.5% to the listing agent and 2.5% to the buyer's agent. You should talk to your agent as they should be telling you this.
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