Our real estate commission calculator helps you calculate realtor fees when buying or selling a home in Canada.
What is the average real estate commission?
While there is no actual set commission that agents charge and their fees can be negotiated, there are still typical real estate commission rates based on the province that you are purchasing a home. The average real estate commission in Ontario is 5% of the total price while in British Columbia it is 7% for the first $100K and 2.5% for the balance.
This chart breaks down the average real estate commission across provinces
Province | Typical Commission Rate |
---|---|
Alberta | 7% on the first $100K; 3% on the remaining price |
Ontario | 5% of the total price |
British Columbia | 7% on the first $100K; 2.5% on the remaining price |
Saskatchewan | 6% on the first $100K; 4% on the second $100K; 2% on the remainder |
Manitoba | 5% of the total price |
Quebec | 5% of the total price |
Nova Scotia | $1,500 flat fee for properties under $25K; 5% of purchase price for other properties |
New Brunswick | 5% of total price |
PEI | 5% of total price |
Newfoundland | 5% of total price |
Who pays the real estate commission?
The real estate commission is typically paid by the seller of the property. The total commission that the seller is willing to pay is determined when the home is listed. In cases where the seller of the property is not represented by a real estate agent, the buyer may have to cover the commission fee that the buyers real estate agent charges.