|commission rates charged|
|The Competition Act is federal legislation that states there is no set or standard commission rate that is charged by a Real Estate Company. Our Brokerage, RE/MAX Crest Realty Westside, prides itself on being a full service brokerage and recommends that we charge appropriately for the high level of service that we provide to our clients. In exchange for a level of service that we believe is second to none in our industry, we charge 7% on the 1st $100,000 and 3.5% on the balance of the sale price. For example if you were to sell your property for $500,000, the commission would be $21,000. Since this is a service, 12% HST is also applicable (+ $2,520). So the total commission +12% HST that is payable by the Seller on a sale of $500,000.00 would be $23,520. These are the Services that we offer when you list with us.|
The legal fees charged by most Lawyers and Notary's to transfer or sell a property are in the range of $850 - $1,000 + 12% HST. Please go to the Lawyers or Notary Public Link on our website to get future details from any of professionals listed.
Commission charged by RE/MAX Realtors - RE/MAX Times Article - “Be worth what you charge” 60 minutes video clip showing the average commission rates in the US & most of Canada are 6% straight across - or 30,000 for a $500,000 sale - Our rates in Vancouver are much lower (7 & 3.5% or $21,000 for a $500,000 sale).
Re/Max Website Market Share Link to Re/Max Crest Website. Our market share is approximate 30% for Vancouver area.
|60 minutes video clip showing the average commission rates in the US & Ontario Canada are 6% straight across - our rates in Vancouver are much lower (7 & 3.5%)|
|Commisions Charged By RE/MAX Realtors - RE/MAX Times Article|
|HST on Realtors Comissions – Transition Stage|
|Comparing Re/Max Agents with the rest – we are Number One!|
|Re/Max Industry news including market share for Vancouver Weside & Downtown Article|
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