{"id":1979,"date":"2023-11-17T03:17:40","date_gmt":"2023-11-17T03:17:40","guid":{"rendered":"https:\/\/myratecompass.ca\/blog\/?p=1979"},"modified":"2025-05-15T17:31:28","modified_gmt":"2025-05-15T21:31:28","slug":"real-estate-commissions","status":"publish","type":"post","link":"https:\/\/myratecompass.ca\/blog\/mortgages\/real-estate-commissions\/","title":{"rendered":"Real Estate Commissions: Everything You Need To Know"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/myratecompass.ca\/blog\/mortgages\/real-estate-commissions\/#What_are_real_estate_commissions\" title=\"What are real estate commissions? \">What are real estate commissions? <\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/myratecompass.ca\/blog\/mortgages\/real-estate-commissions\/#How_does_real_estate_commission_work_in_Canada\" title=\"How does real estate commission work in Canada?\u00a0\">How does real estate commission work in Canada?\u00a0<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/myratecompass.ca\/blog\/mortgages\/real-estate-commissions\/#How_much_is_real_estate_commission\" title=\"How much is real estate commission?\">How much is real estate commission?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/myratecompass.ca\/blog\/mortgages\/real-estate-commissions\/#How_much_is_real_estate_commission_in_BC\" title=\"How much is real estate commission in BC? \">How much is real estate commission in BC? <\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/myratecompass.ca\/blog\/mortgages\/real-estate-commissions\/#How_much_is_real_estate_commission_in_Ontario\" title=\"How much is real estate commission in Ontario? \">How much is real estate commission in Ontario? <\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/myratecompass.ca\/blog\/mortgages\/real-estate-commissions\/#Selling_your_home\" title=\"Selling your home\">Selling your home<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time:<\/span> <span class=\"rt-time\">5<\/span> <span class=\"rt-label rt-postfix\">Min<\/span><\/span>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1979\" class=\"elementor elementor-1979\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-be77db2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"be77db2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0815c30\" data-id=\"0815c30\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4f3ce9f elementor-widget elementor-widget-text-editor\" data-id=\"4f3ce9f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">Home prices across Canada are skyrocketing.<br \/>According to the Canadian Real Estate Association (CREA), the national average home<br \/>sale reached $661,788 in July 2021. With homes selling in larger volumes and at<br \/>higher prices across the country, homeowners considering buying or selling are curious about fees associated with this expensive transaction. In home sales, the<br \/>largest fee is the real estate commission cost. Know how much you are really<br \/>paying real estate agents, how their fees work and how to negotiate lower fees<br \/>by the end of this article. <\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">\u00a0<\/span><\/p><h2><span class=\"ez-toc-section\" id=\"What_are_real_estate_commissions\"><\/span><span lang=\"EN-CA\" style=\"font-family: 'Open Sans',sans-serif;\">What are real estate commissions? <\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">Real estate commissions are the fees sellers of property in Canada pay to their real estate agents. The fee is paid to the agent used to list the property and the agent used by the buyers of the property. How this commission is split between the sale agent and buying agent can vary but is often split evenly. Commissions can be a percentage of the sale, a flat fee, fees for services, or some combination of fees. Sellers and buyers of property should always confirm the commission arrangements with there agents prior to placing an offer or listing a property. Commissions are costly<br \/>fees. They go towards the agents and then a cut goes to the brokerages each<br \/>agent works with. Luckily if a property does not sell, no commission fees are<br \/>paid out. <\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">\u00a0<\/span><\/p><h2><span class=\"ez-toc-section\" id=\"How_does_real_estate_commission_work_in_Canada\"><\/span><span lang=\"EN-CA\" style=\"font-family: 'Open Sans',sans-serif;\">How does real estate commission work in Canada?<\/span><span lang=\"EN-CA\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">Most commonly in Canada, real estate agents earn a commission percentage rate of the total sale of a property. This can vary widely by each agent and in each province. Commission rates of 3% to 7%<br \/>can be common. In Canada, real estate agents and brokerages set their own commission rates. More recently, some agents and agencies are offering flat fees or fees for services, to reduce the cost to homeowners. <\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">While it is the property seller who pays the commission fees to both the buying and selling agent, the money is coming from the buyer. Both the seller and the buyer should be informed on commissions.<\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">Once a sale is finalized, commissions come out of the sale and are not added on as an additional charge. Any associated tax for the services provided would also come out of the sale of the property<br \/>on top of the commission itself. This tax depends on which province the sale has occurred in.<\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">As an example, a property in Ontario is sold for $871,606. If there is a fixed commission of 6% (3% to each agent), the commission would be $52,296.36. When you add 13% HST, it becomes $59,094.89. <\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">It is important to be aware of other costs associated with buying or selling a home. There are legal fees, mortgage fees, inspection<br \/>fees, and other fees to be aware of. Sellers generally have less fees than buyers, but both should be informed. Commissions are easily the largest fees.<\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">These are the common commissions and<br \/>payment structures for real estate agents in Canada:<\/span><\/p><p class=\"MsoListParagraphCxSpFirst\" style=\"text-indent: -.25in; mso-list: l0 level1 lfo1;\"><!-- [if !supportLists]--><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-bidi-font-family: Wingdings;\">\u00d8 <\/span><!--[endif]--><b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">A fixed percentage of home sale<\/span><\/b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">: This percentage can be<br \/>anywhere from 3% to 7%. It would stay the same if a property sold for $100,000<br \/>or $1 million. This is the most common commission structure agents use.<a name=\"_Hlk82523996\"><\/a><\/span><\/p><p class=\"MsoListParagraphCxSpMiddle\" style=\"text-indent: -.25in; mso-list: l0 level1 lfo1;\"><!-- [if !supportLists]--><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-bidi-font-family: Wingdings;\">\u00d8 <\/span><!--[endif]--><b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">A split percentage of home sale<\/span><\/b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">:<br \/>The percentage of commission will change depending on the sale price of a property. Agents will offer a 3% commission on the first $600,000 and take a lower 2.5% on anything over $600,000. This would result in lower overall fees to the seller.<\/span><\/p><p class=\"MsoListParagraphCxSpMiddle\" style=\"text-indent: -.25in; mso-list: l0 level1 lfo1;\"><!-- [if !supportLists]--><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-bidi-font-family: Wingdings;\">\u00d8 <\/span><!--[endif]--><b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">A flat fee<\/span><\/b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">: An agent who offers a flat fee commission<br \/>will work for a fixed price to sell a home regardless if it sells for $350,000 or $3.5 million.<\/span><\/p><p class=\"MsoListParagraphCxSpMiddle\" style=\"text-indent: -.25in; mso-list: l0 level1 lfo1;\"><!-- [if !supportLists]--><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-bidi-font-family: Wingdings;\">\u00d8 <\/span><!--[endif]--><b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">A fee for service<\/span><\/b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">: With this payment structure, agents<br \/>are paid for the work they do directly. This could be a flat fee or an hourly rate. Some of the work could be listing and marketing, hosting open houses, and designing and printing brochures.<\/span><\/p><p class=\"MsoListParagraphCxSpMiddle\" style=\"text-indent: -.25in; mso-list: l0 level1 lfo1;\"><!-- [if !supportLists]--><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-bidi-font-family: Wingdings;\">\u00d8 <\/span><!--[endif]--><b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">Any combination of the above<\/span><\/b><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">: Real estate agent fees<br \/>can be costly. As a result, new payment structures are constantly emerging to save sellers money while ensuring agents get paid for their work.<\/span><\/p><p class=\"MsoListParagraphCxSpLast\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">\u00a0<\/span><\/p><h2><span class=\"ez-toc-section\" id=\"How_much_is_real_estate_commission\"><\/span><span lang=\"EN-CA\" style=\"font-family: 'Open Sans',sans-serif;\">How much is real estate commission?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">Real estate commissions can be a costly fee for the sale of a home. In Canada, there is not a fixed structure or commission rate. There are common practices of fixed commission rates of 3% to 7%, however<br \/>these are not set. Each agent and brokerage choose their own rate and commission structure. As prices rise, flat rates are becoming more popular with sellers. They offer more transparent and upfront costs while minimizing the actualfees paid out. If you are selling your home, real estate agents want your business,<br \/>and you need their services. If one agents commission seems too high for you, ask for a discount. Not every agent will offer a lower rate, but you are free to take your business to another agent who offers you services you need at a cost you feel is reasonable.<\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">British Columbia and Ontario are currently the hottest markets in Canadian real estate. Keep reading for the common practices<br \/>for real estate commission in each of these real estate hotspots. <\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">\u00a0<\/span><\/p><h2><span class=\"ez-toc-section\" id=\"How_much_is_real_estate_commission_in_BC\"><\/span><span lang=\"EN-CA\" style=\"font-family: 'Open Sans',sans-serif;\">How much is real estate commission in BC? <\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">British Columbia is a hotspot for real estate, especially the Greater Vancouver area, which has homes selling on average at $1,175,500. <b>Commissions vary across the province and average around 3% to 7%<\/b>. BC has long used a split percentage of home sale commission rate.<br \/>In other words, the buying and selling agent agree to share approximately 6% to<br \/>8% commission off the first $100,000 and between 1% to 4% commission on<br \/>anything over $100,000. Split percentage commissions will be more common in the<br \/>Greater Vancouver Area and Kelowna but are not surprising to see across the province.<br \/>Another thing unique to BC is the selling agent generally earns more of the<br \/>commission than the buying agent. While commissions and splits are always<br \/>different, a 55%\/45% split between the two agents is not uncommon. Sales tax in<br \/>BC are at 12%, so do not forget to add that to the commission and subtract it<br \/>from your total sale price. <\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">\u00a0<\/span><\/p><h2><span class=\"ez-toc-section\" id=\"How_much_is_real_estate_commission_in_Ontario\"><\/span><span lang=\"EN-CA\" style=\"font-family: 'Open Sans',sans-serif;\">How much is real estate commission in Ontario? <\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">Ontario is another hotspot for real estate, especially in the Greater Toronto Area which has homes selling on average at $1,054,300. <b>Commissions vary across the province and average around 3% to 7%.<\/b><br \/>Like the rest of Canada, each agent still sets their own commission rates and<br \/>commission structure. Ontario real estate agents typically use the fixed<br \/>percentage of home sale commission rate. If they do a split commission rate,<br \/>they can only offer decreasing percentages after the initial tier. Buying and<br \/>selling agents typically split commissions evenly at 50%\/50%. Harmonized sale<br \/>tax in Ontario is 13%, so do not forget to add that to the commission and<br \/>subtract it from your total sale.<\/span><\/p><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">\u00a0<\/span><\/p><h2><span class=\"ez-toc-section\" id=\"Selling_your_home\"><\/span><span lang=\"EN-CA\" style=\"font-family: 'Open Sans',sans-serif;\">Selling your home<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2><p class=\"MsoNormal\"><span lang=\"EN-CA\" style=\"font-size: 14.0pt; line-height: 105%; font-family: 'Open Sans',sans-serif;\">It is a big decision to sell your home, and you typically come to the decision because you want access to your equity or a different lifestyle. Maximize your earnings on the sale of your home by negotiating commission rates and shopping around for agents. \u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac1d179 elementor-widget elementor-widget-image\" data-id=\"ac1d179\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mortgage.mohamedkonate.ca\/mortgage-services\" target=\"_blank\" rel=\"nofollow noopener\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"750\" height=\"209\" src=\"https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2024\/01\/Mortgage-broker-banner-1024x285-1.png\" class=\"attachment-large size-large wp-image-15494\" alt=\"\" srcset=\"https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2024\/01\/Mortgage-broker-banner-1024x285-1.png 924w, https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2024\/01\/Mortgage-broker-banner-1024x285-1-300x83.png 300w, https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2024\/01\/Mortgage-broker-banner-1024x285-1-768x214.png 768w, https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2024\/01\/Mortgage-broker-banner-1024x285-1-397x110.png 397w\" sizes=\"(max-width: 750px) 100vw, 750px\" style=\"width:100%;height:27.81%;max-width:924px\" title=\"\">\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p><span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time:<\/span> <span class=\"rt-time\">5<\/span> <span class=\"rt-label rt-postfix\">Min<\/span><\/span> Home prices across Canada are skyrocketing.According to the Canadian Real Estate Association (CREA), the national average homesale reached $661,788 in July 2021. With homes selling in larger volumes and athigher prices across the country, homeowners considering buying or selling are curious about fees associated with this expensive transaction. In home sales, thelargest fee is the&hellip; <a class=\"more-link\" href=\"https:\/\/myratecompass.ca\/blog\/mortgages\/real-estate-commissions\/\">Continue reading <span class=\"screen-reader-text\">Real Estate Commissions: Everything You Need To Know<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":1981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[8],"tags":[21],"class_list":["post-1979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgages","tag-blog-post-template-1-main-template-to-use","entry"],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions.jpg",924,616,false],"thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-150x150.jpg",150,150,true],"medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-300x200.jpg",300,200,true],"medium_large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-768x512.jpg",750,500,true],"large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-1024x682.jpg",750,500,true],"1536x1536":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions.jpg",924,616,false],"post-thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-1568x1045.jpg",1568,1045,true],"post-image-medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-375x250.jpg",375,250,true]},"post_excerpt_stackable":"<p>Table of Contents What are real estate commissions? How does real estate commission work in Canada?\u00a0How much is real estate commission?How much is real estate commission in BC? How much is real estate commission in Ontario? Selling your home Reading Time: 5 Min Home prices across Canada are skyrocketing.According to the Canadian Real Estate Association (CREA), the national average homesale reached $661,788 in July 2021. With homes selling in larger volumes and athigher prices across the country, homeowners considering buying or selling are curious about fees associated with this expensive transaction. In home sales, thelargest fee is the real estate&hellip;<\/p>\n","category_list":"<a href=\"https:\/\/myratecompass.ca\/blog\/.\/mortgages\/\" rel=\"category tag\">Mortgages<\/a>","author_info":{"name":"Mohamed Konate","url":"https:\/\/myratecompass.ca\/blog\/author\/mohamedkonate\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions.jpg",924,616,false],"thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-150x150.jpg",150,150,true],"medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-300x200.jpg",300,200,true],"medium_large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-768x512.jpg",750,500,true],"large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-1024x682.jpg",750,500,true],"1536x1536":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-1536x1024.jpg",1536,1024,true],"2048x2048":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions.jpg",924,616,false],"post-thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-1568x1045.jpg",1568,1045,true],"post-image-medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions-375x250.jpg",375,250,true]},"post_excerpt_stackable_v2":"<p>Table of Contents What are real estate commissions? How does real estate commission work in Canada?\u00a0How much is real estate commission?How much is real estate commission in BC? How much is real estate commission in Ontario? Selling your home Reading Time: 5 Min Home prices across Canada are skyrocketing.According to the Canadian Real Estate Association (CREA), the national average homesale reached $661,788 in July 2021. With homes selling in larger volumes and athigher prices across the country, homeowners considering buying or selling are curious about fees associated with this expensive transaction. In home sales, thelargest fee is the real estate&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/myratecompass.ca\/blog\/.\/mortgages\/\" rel=\"category tag\">Mortgages<\/a>","author_info_v2":{"name":"Mohamed Konate","url":"https:\/\/myratecompass.ca\/blog\/author\/mohamedkonate\/"},"comments_num_v2":"0 comments","jetpack_featured_media_url":"https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2021\/10\/real-estate-commissions.jpg","_links":{"self":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/1979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/comments?post=1979"}],"version-history":[{"count":22,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/1979\/revisions"}],"predecessor-version":[{"id":15541,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/1979\/revisions\/15541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/media\/1981"}],"wp:attachment":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/media?parent=1979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/categories?post=1979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/tags?post=1979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}