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3%-7%
- As an estimate, you can expect to pay between 3%-7% of the price of your home in REALTOR ® fees. In Canada, generally the seller pays the commission to both the buyer and seller agents.
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The major costs of selling a house (or seller closing costs) include the real estate commissions, legal fees, and sales tax on real estate commissions. These vary based on province, region, and your agent’s commission cost structure. You can save on the cost by selling your home FSBO.
Sep 30, 2024 · As an estimate, you can expect to pay between 3%-7% of the price of your home in REALTOR ® fees. In Canada, generally the seller pays the commission to both the buyer and seller agents.
How much selling your home can cost. There are standard costs you can expect to pay when you sell your home. These costs include: legal fees for services, including a statement of adjustment; a mortgage discharge fee to remove the collateral hold on your home (known as a “release” in Quebec) Other potential costs include:
May 20, 2023 · Listing your home in the Canadian real estate market involves much more than the transaction itself. Many fees, rules and participants are involved, some of which you may not be aware of. Here’s a rundown of what you need to know when selling a house in Canada.
You are expected to pay standard costs when you sell your home. These costs include legal fees for services, including a statement of adjustment, a mortgage discharge fee to the bank or financial institution to remove the collateral hold on your home.
Feb 20, 2023 · When buying a home in Canada, you need about 3-5% of the home’s value to cover closing costs. There are also closing costs associated with selling a home. Learn more about the closing costs for sellers in Ontario, British Columbia, and elsewhere in Canada below.
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May 4, 2022 · If you’re ready to sell your house and move, be sure to budget for the costs involved. Visit sunlife.ca to find out what you can expect to pay when you’re selling your home.
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