Selling your home with a realtor. If you use a realtor, you pay a commission based on the home's sale price. Realtor commissions may be negotiable, but typically range from 2% to 6%, depending on your location. The realtor can: give you tips to prepare your house for showings. arrange showings and open houses.. Buyers don't need to pay real estate agent commission in BC. For an $800,000 home in Vancouver, a seller would pay an estimated 3.22% or $25,725. The commission is split 45/55% between the buying and selling agents. However, your agent must also pay brokerage fees and advertising expenses.
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Cost of buying a house in BC, Canada YouTube
In BC, buyers are exempt from paying real estate agent commissions. A seller in Vancouver would shell up around 3.22% the of the home's $800,000 price, or $25,725. The purchasing and selling agents each receive a commission of 45 and a half percent. However, your agent is also responsible for covering brokerage costs and advertising costs.. Use this form to find out the commission fees amount forReal Estate in British Columbia: Assumptions: 7% fee charged to the first $100,000 of purchase price, remaining balance charged fee of 2.5%, GST charged 5%. Buyers agent receives 3.125% on the first $100,000 and 1.1625% on the balance. All results are calculated based on the input.