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...
Buying
When you are buying, selling, or renting a property - real estate agents play an important role in the housing market because their primary role is facilitating transactions, and their expertise extends far beyond simple matchmaking between buyers and sellers.This guide dives into the full scope of what real estate agents do and how their services can make your real estate journey smoother and more...
Purchasing a home is a significant milestone and financial decision, and while most people hire a REALTOR® to guide them through the process, it's entirely possible to buy a house without one. This approach can save you money on commission fees, but it also requires careful planning, thorough research, and a solid understanding of the real estate market.In this guide below, let's explore the steps, tools,...
Buying a house is one of the most significant decisions you’ll ever make, and it’s not something to take lightly.While many articles cover the basics—location, budget, and home condition—there’s so much more to consider. This guide dives deep into every conceivable factor you should evaluate when purchasing a home, which is from environmental sustainability and technological integration to...
Step 1: Understanding the Role of a Real Estate AgentIt is crucial to understand what a real estate agent does and how they can facilitate you before diving into your search for the right agent.For Buyers: Real estate agents help you accomplish many tasks like; finding properties that match your criteria then arranging showings & providing insights into local markets, and negotiating offers.For...
When buying or selling a property the selection of the right real estate agent is critical. A good agent can simplify the process, save you time and money, and help you achieve your goals.To ensure you make an informed decision about the agent selection, follow this step-by-step guide on how to interview a real estate agent. Prepare for the InterviewTake time to prepare the interview before you meet...
Navigating the real estate market is a major endeavor, whether you're buying or selling a property. A real estate agent can provide expertise and guidance, but the decision to work with one requires careful consideration. This guide outlines the pros and cons of using an agent and emphasizes the importance of thorough vetting before hiring. If you are new to real estate, you may want to learn the...
Understanding the Ontario Real Estate Commission Calculator In Ontario, when buying or selling a property, real estate commissions are an essential part of the transaction. These fees typically range from 3.5% to 5% of the property's sale price, with the total commission split between the seller's and buyer's agents. Key Facts In Ontario, seller typically pays the commission to both...