Get The Facts About Calgary Alberta Real Estate CommissionsQuestions People Ask About Calgary Alberta Realtor® Real Estate Fees and Commissions

  • Can I sell my house in Calgary on MLS® and pay no Realtor® Fees?
  • How are Realtor® Fees Calculated In Alberta?
  • Does The Buyer Pay A Realtor® Commission in Alberta?
  • Who pays the Realtor® Fee, the home buyer or the home seller?
  • Why are Calgary Real Estate Commissions so high?
  • Are 1% and 2% Realty Companies Legit?
  • What Calgary Realty Company has the lowest Commissions?
  • Are CIR Realty and Exp Realty Discount Brokerages?
  • Are Remax Commissions worth it?
  • How is the Realtor® Commission Calculated?
  • Can You Negotiate your Realtors® Commission?
  • How much are closing costs in Alberta?
  • Is there GST on Realtor® Fees in Alberta?
  • Does the Buyer pay Realtor® Fees in Canada?
  • How much are lawyer fees when buying a Calgary Alberta house?
  • What percentage do most Realtors® charge?
  • Are commissions paid on gross or net?
  • How do you solve commission problems?
  • How does Calgary Alberta Real Estate Commissions work?
  • Do Realtors keep 100% of the commission they collect in Calgary?

 

Answers to Questions People Ask About Calgary Alberta Realtor® Real Estate Fees & Commissions

Legally there is no such thing as set in stone non-negotiable Calgary Alberta Canada Realtor® Fees and Commissions.


Real Estate Fees are up for negotiation between Calgary Home Sellers, Calgary Home Buyers, and Calgary Realtors®.


The selling price of any home on the Alberta MLS® System included the Real Estate Commissions plus GST. The fee could have been zero, or 1%, or 2%, or $2,500, or $8,550, or 7% on the first $100,000 and 3.5% on the balance of the sale price, or any other creative commission calculation you could imagine.

The point is there is no set fee for Real Estate Commissions in Calgary Alberta, Canada.

Remax, Century 21, Royale Lepage, CIR Realty, Exp Realty, Sotheby's, 1% Realty, 2% Realty, 3% Realty, and the hundreds of other Alberta Real Estate Companies are prohibited by law from fixing commissions rates.


The above companies and their Realtors® all want your business and will negotiate your Real Estate Commissions.

Calgary Home Buyers pay 100% of the Reator® Fees because it's included in the Home Selling Price. It's like the mark-up on any product you buy at a retail store.


Some Calgary Realtors® claim they won't negotiate commissions. There are Real Estate Trainers and Coaches that charge Realtors® thousands of dollars to learn how to "Protect Commissions." Talk to a few Reatlors® and you hear the same old scripts. How if they are not tough on commissions with you, they won't be tough on Calgary Buyers on the home price. Blah, Blah, Blah.....

The bottom line is All Realtor® Commissions in Calgary Alberta Canada are Negotiable.

You can get a 1% Commission deal from a Remax Realtor just as easy as from the company that calls itself 1% Realty. 2% Commissions are offered by Century 21 Realtors® just as often as from the company called 2% Realty.

Brand means nothing in Real Estate, Calgary Home Prices Rule Everything.


Feel free to contact me anytime you want the Truth About Calgary Alberta Real Estate Fees and Commissions.

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Who Pays The Real Estate Commission & Fees?

Follow the money and you get your answer. Lots of Realtors tell you the Seller pays the fees. Which is kind of true. But where do the sellers get the money to pay the fees and commissions? From the Buyer!


That's correct the Buyer pays 100% of all fees and commissions to the home seller as part of the total purchase price of the home.


Once the seller's lawyer has the money, the lawyer divides it up between the seller, the lawyer and the real estate brokerages.


In Calgary, it's very common to see listing agents charge home sellers 7% on the first $100,000 and 3% on the balance of the sale price. Then the listing agents offers 50% of that to a Buyers agent that brings a buyer into the deal.


Here's an example on a $650,000 sale of a home.


$23,500 plus GST would come off the top.


Leaving the homeowner with $626,500.


The Real Estate Commission and Fees would be split between the buyers Realtor and the sellers Realtor - $11,750ea.


The sellers Realtor would deduct all the marketing expenses and broker fees from their $11,750 and pay tax on whatever is left.


The buyers Realtor has no marketing expenses but has broker fees and taxes to pay on their $11,750.


Do You Need a Realtor To Buy or Sell A Home in Calgary? I say no, not really. All the information you need is on the internet.


What's not on the internet for you is My Real Estate & Business Experience!


Everything about everything is now on the internet. What cannot be put on the internet is the hands-on actual experience a person gets through years of doing. Doing and Learning. Making Mistakes and Learning. Doing it Better and Better and Learning.

  

The value I bring is My Experience. Whenever I have a gut feeling something is not quite right, I'm rarely wrong and saving my clients from an unpleasant situation.

I'll make sure you don't get hit by a train - the internet can't do that!

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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.