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How do Vancouver Realtors Split Commissions?

 Are Real Estate Commissions Split in Vancouver? Updated March 1, 2023 by Mike Stewart PREC Yes! When a Realtor is hired by a Seller to list a property for sale, the Listing Contract states that the Seller will pay this Realtor (Sellers Agent/Listing Agent) a commission should the property sell during the period in which the Listing Contract is in force. Now, if a prospective seller was to calculate what they would have to pay in terms of commission (Want to know how much quick? Check out this Realtor Commission Calculator!), some might think it a lot of money to…

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Are Realtor Commissions Fees Negotiable in Vancouver ?

 Are Real Estate Commission Fees in Vancouver BC Canada Negotiable? Updated March 1, 2023 by Mike Stewart PREC Yes, real estate commission fees are always negotiable in Canada. This is the answer that all Realtors in Canada are required to give according to the Federal Governments Competition Act. Is there a Standard Real Estate Commission in Vancouver? We Realtors are also required to say following when asked the question above: There is no standard rate of real estate commissions for Buyers & Sellers in Canada. The Federal Government wants to make sure prospective Buyers & Sellers know that there…

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