Canadian homeowners today aren’t just asking what commission rates are—they're asking what’s fair.With options ranging from full-service brokerages charging 4–5% to newer discount and flat-fee models starting around 1%, the landscape has shifted.As someone who’s worked with clients across all three models, I’ve seen firsthand the pros and cons.Below is a quick, honest breakdown of what each...

When it comes to buying a condo, most people focus on location, square footage, or amenities but there’s another crucial detail that often gets overlooked: Is the condo freehold or leasehold? This small line in a listing can have a big impact on what you actually own, how long you own it, and what it might cost you over time. Let’s break down the core differences between freehold and leasehold condos...

.cls-1{fill:red;}1 I'm Buying I'm Selling Property_Location Both When it comes to commission percentage, when selling the house, everyone loves saving money. It's no surprise that firms like Canada's One Percent Realty have gained traction among homeowners seeking relief from hefty real estate...

Quick Facts About Toronto Real Estate CommissionsTypical commission: Approximately 5% total (2.5% each for buyer and seller agents).Who pays it: Usually, the seller covers this fee.Negotiable? Yes—commissions can often be negotiated based on property, market conditions, and agent competition.Alternative Options: Models offering lower commissions, such as 1%, are increasingly...

Thinking about buying a condo? You're not alone. Across Canada’s biggest cities, condo living is on the rise — but is it the right fit for you? A Condo Might Be a Good Choice If You: ✔️ Prefer a lower upfront cost compared to a house✔️ Want availability of amenities without worrying about maintenance✔️ Like the idea of living in a secure, well-located building✔️ Are...

Home sellers paying for buyer agents: Is it injustice or simply misunderstood business logic?Disclaimer:I am Faiza Ahmed, a licensed real estate broker. The analysis presented in this article is unbiased and strictly based on publicly available documentation, industry-standard forms, and legal references. My perspectives are also shaped by my own experience as a consumer impacted by real estate commissions...

Major real estate brands in North America often charge sellers 5–6% commissions on a home's sale price – tens of thousands of dollars per transaction – yet much of this money goes toward broker profits and massive marketing budgets rather than directly improving the client's experience.1. Commission Structures: Where Your Money Really GoesSteep Commission Rates:In the U.S. and Canada, traditional...

The deposit is what you pay when your offer is accepted, showing the seller you're serious. The down payment, on the other hand, is the portion of the home's price that you cover upfront, with the rest being financed through a mortgage.Whether you're purchasing an existing home or a pre-construction property, understanding the role of these payments can help you plan your finances more effectively.In this...

Can you negotiate a realtor commission?In short, absolutely.While commissions are often seen as fixed, they are negotiable in many cases. Understanding how to approach commission negotiations can help you save money while ensuring you receive quality service from your real estate agent.In this guide, we will help you understand the different commission structures, regional variations in Canada, and...

Selling a townhome in Canada is generally easier compared to selling a detached or semi-detached home. Townhomes, also known as row houses, are typically more affordable single family homes, making them highly sought-after, especially in urban centers where single-family home prices continue to rise. According to data, townhome development in Canada grew by 9.9% between 2016 and 2021, reflecting increasing...