Calculate the real estate commission on a home sale in New Brunswick. This calculator shows the total commission paid, how it splits between the seller’s and buyer’s agents, and what the seller receives after commission.
What percentage do most realtors charge in New Brunswick?
The typical real estate commission in New Brunswick is 5% of the sale price. This is usually split equally:
- Seller’s agent: 2.5%
- Buyer’s agent: 2.5%
The full commission is paid by the seller from the sale proceeds at closing. Commission rates are negotiable and not set by law.
New Brunswick commission examples
| Sale Price | Commission (5%) | Seller’s Agent (2.5%) | Buyer’s Agent (2.5%) | Seller Proceeds |
|---|---|---|---|---|
| $200,000 | $10,000 | $5,000 | $5,000 | $190,000 |
| $250,000 | $12,500 | $6,250 | $6,250 | $237,500 |
| $300,000 | $15,000 | $7,500 | $7,500 | $285,000 |
| $350,000 | $17,500 | $8,750 | $8,750 | $332,500 |
| $400,000 | $20,000 | $10,000 | $10,000 | $380,000 |
New Brunswick’s average home price is approximately $275,000 to $300,000, making commission costs relatively modest compared to Ontario or BC.
How real estate commission works in New Brunswick
When you list your home with a real estate agent, you sign a listing agreement that specifies the commission rate. At closing, the commission is deducted from the sale proceeds and split between the listing brokerage and the buyer’s brokerage.
HST on commission
Real estate commission in New Brunswick is subject to 15% HST (5% federal + 10% provincial). On a $15,000 commission, HST adds $2,250, making the total cost to the seller $17,250. See the New Brunswick sales tax calculator for more on HST.
Can you negotiate commission in New Brunswick?
Yes. Commission rates are not regulated and can be negotiated. Options include:
- Negotiating a lower percentage — some agents will accept 4% or 4.5%, especially on higher-value properties
- Flat-fee listings — some brokerages offer a flat fee to list on MLS rather than a percentage
- Discount brokerages — offer reduced commission structures, sometimes 1% to 2% for the listing side
Selling costs beyond commission
When selling a home in New Brunswick, commission is the largest cost, but other expenses include:
- Legal fees — typically $800 to $1,500 for the seller’s lawyer
- Mortgage discharge fee — if your mortgage is being paid off at closing
- HST on commission — 15% HST applies to agent commissions in New Brunswick
- Repairs and staging — optional but can increase sale price
Buying costs in New Brunswick
While buyers typically do not pay commission, they should budget for:
- Land transfer tax — New Brunswick charges a real property transfer tax; use the NB land transfer tax calculator
- Home inspection — $400 to $600
- Legal fees — $1,000 to $2,000
- Mortgage insurance — if less than 20% down; see the NB mortgage insurance calculator
Frequently asked questions
What is the typical real estate commission in New Brunswick?
5% of the sale price, split evenly between the seller’s and buyer’s agents.
How much commission is paid on a $300,000 home sale?
$15,000 total — $7,500 to each agent.
Is real estate commission negotiable in New Brunswick?
Yes. Rates are not fixed by law and can be negotiated with your listing agent.
Do buyers pay commission in New Brunswick?
Typically no. The seller pays the full commission from the sale proceeds.
Related guides
- New Brunswick land transfer tax calculator
- New Brunswick mortgage rates
- New Brunswick mortgage affordability calculator
- New Brunswick mortgage insurance calculator
- New Brunswick sales tax calculator
- New Brunswick tax brackets
