Real Estate Commission Calculator
Hey homeowners! Saving thousands of dollars sounds pretty good… especially with the average commission paid by a home seller around the $15,000 mark. Imagine what you could do with an extra $15,000 beef up your RRSP or RESP, buy a used car, maybe you are downsizing and want to boost your retirement fund, take a needed vacation, pay off debt or university tuition or perhaps pay for that upgrade/renovation in your new home?
It s fun to punch the numbers on real estate agent fees so use the calculator below to see how much you could save or pay in REALTOR® commissions if you sold your home privately or even co-operated with a buyers agent.
Hey Agents! This easy calculator can help you quickly check your take on a deal and/or how much you can still receive from a FSBO willing to co-operate (signing a fee agreement) if you have a qualified buyer.
Note: Remember there is sales tax on top of agent commissions (Manitoba excluded)!
Go ahead crunch the numbers:
A typical RELATOR® fee or commission is around 5% but there is no set or standard agent commission in Canada and percentages can vary by Province: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland Labrador. Territories: Yukon territory, Northwest territories, Nunavut. Some real estate agents will co-operate with a for sale by owner too or offer a discount on commissions.
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