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average real estate commission Ontario

by EmilCarter » Tue May 27, 2025 4:40 pm

Hi! I have a question for you as someone who may have already encountered this in practice. I am currently looking into the commission system for realtors in Ontario, and I am curious to know what the average commission percentage is considered normal here. I have heard different versions - from 3% to 6%, but I want to understand how it actually works: is the commission split between the buyer's and seller's agent, are there fixed rates for agencies, and how often do realtors agree to reduce the percentage?
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Re: average real estate commission Ontario

by MarkRose » Tue May 27, 2025 5:08 pm

Hi! I've been through this process myself recently and can share my experience. In Ontario, real estate agent commissions typically range from 3% to 6%, which is consistent with market practice. Often, the commission is split equally between the seller's agent and the buyer's agent, meaning each gets about half of the total. This is a standard approach, but the details may vary depending on the agency and the specific transaction. There are no fixed rates for all agencies - everything is flexible and depends on the region, type of property, and agreements. Interestingly, many real estate agents are actually willing to negotiate the percentage and sometimes reduce the commission, especially if the transaction is large or the property is expensive. To better understand and get up-to-date, accurate information, you should read a good article about https://rocketadvance.ca/commercial/the-average-real-estate-commission-rate-in-ontario/ average real estate commission Ontario. Everything is described in detail and clearly there. Hope this helps!
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