Canadian Realestate Magazine forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Brokerage Fee

Notify me of new replies via email
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 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.
Post a reply