top of page
< Back

Important Resources

Save this article  > 

Who pays the fees in a home sale?

Author: Staff
Publication date:
August 9, 2022
Article Summary: 

The seller pays the real estate commission when selling a property, which is typically 5% of the selling price split between the buyer's and seller's agents. Agents work on a 100% commission basis, meaning that they only get paid when a sale happens, and everything they do comes out of that commission. Real estate agents provide professional services and must charge HST. Once the property closes and the buyer takes possession, the seller provides payment to their real estate lawyer, who then pays the listing brokerage, which then pays both agents.


real estate commission, seller, buyer's agent, seller's agent, 100% commission, HST, professional services, payment, real estate lawyer, listing brokerage.

Source Citation: Staff
Who pays the fees in a home sale?
August 9, 2022
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page