Ontario Real estate commission calculator
This real estate commission calculator helps calculate the commission paid to both the seller's and buyer's agent on the purchase of a home in Ontario.
What percentage do most realtors charge in Ontario?
The typical real estate commission in Ontario is 5%. This commission is usually split with the seller's agent and buyer's agent receiving 2.5% each. The full commission is usually paid by the seller.
How much does a realtor make on a $500,000 sale?
The average realtor commission in Canada is 5% which would equate to $25,000 of commission to be paid on the sale of a $500,000 home.