The standard commission rate in our market is typically 5%. This commission covers a range of critical services, including professional market analysis to price your home competitively, strategic marketing to reach potential buyers across multiple platforms, professional photography and video, social media creation and administration, advice to showcase your home in its best light, and negotiation expertise to secure favourable terms.

The listing agent doesn’t however take home the whole 5%. From there, a portion, typically half, is paid to a buyer agent. Both the listing and the buyer agent then will pay fees to their respective brokerages from that amount.