Realtor Fees BC - Curious to know how much hiring a Realtor will cost you in BC?
When your shopping around for a Realtor, it can be a daunting task! With so many company's & agents to chose from, how do you know which one to chose? What is a standard commission? What kind of service can I expect?
Let's set the record strait on one thing first! According to Canada’s Competition Act, Realtors are not supposed to say there is a standard real estate commission. Commissions are and have always been negotiable! If you have been quoted a price to sell your home and you think that cost is to high, then it probably is! Check out this free service that will send you 3 online quotes from Realtors on selling your home for free & with no obligation.... Click Here
Realtor Fees BC - Not every real estate agent are made equal! It's important to understand just what kind of service you will receive from your agent. Many agents marketing plan only include placing your home on the mls and not much else. Click here for a list of the top questions you must ask your next Realtor
The majority of the Independent real estate offices in BC, set a base rate which they ask their agents to quote. Typically those rates are 7% on the first $100,000 & 2.5% on the remainder. Then you can negotiate from there if you choose. Remember regardless of how much you pay to sell your home, you will have GST payable on the amount of the commission being owed.
How much does it cost if I use a Real Estate professional to find and purchase my next home? In most cases the commission earned by the Realtor helping you purchase a home, is paid by the sellers of the home you purchase. In most cases a Realtor purchasing service is absolutely FREE for you to use! It all depends on what kind of agreements are agreed and signed before you are ever shown any homes. In certain circumstance's if an agent is earning a lower commission than they normally make on a transaction, the buyer could be responsible to make up the shortfall. It's for this reason, that you should know exactly what your agreeing to before going out to look at homes. If you would like a FREE No Obligation buyers Consultation click here now
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