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How Vancouver Realtors Split Commissions

 Are Real Estate Commissions Split in Vancouver? Updated May 8, 2019 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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Realtor Fees & Commissions in Vancouver – Are they Negotiable?

 Are Real Estate Commission Fees in Vancouver BC Negotiable? Updated May 8, 2019 by Mike Stewart PREC Yes! - This is the answer that all Realtors in Canada are required to give according to the Federal Governments Competition Act. We Realtors are also required to say that there is no standard rate of real estate commissions for Sellers in Canada. The Federal Government wants to make sure prospective sellers know that there is not one standard real estate commission rate in Canada and that real estate commissions are negotiable. That said, how much a Realtor is willing to negotiate…

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