This calculator estimates a common posted real estate commission example seen in Victoria BC (often described as 6% on the first $100,000 and 3% on the balance), split between seller/buyer real estate brokerages, plus GST. We are less than this posted rate. There is NO standard commission.
Don St Germain is the first real estate agent in Victoria, way back since 2009, to provide a real-time real estate commission calculator.
We're proud that our rates are less than what this calculator shows, and our commission is true - no gimmicks, no hidden fees, no marketing "add-ons" and no extra charges.
We encourage you to think about what is important to you when choosing a Realtor to sell your property. If ability, experience, market knowledge, expertise, and a proven marketing plan that will create exposure are at the top of your list, we would love to work together.
A typical example commission structure is 6% on the first $100,000 and 3% on the balance. Usually the seller brokerage and buyer brokerage split this amount (commonly half each). GST is payable on commissions and the current GST rate is 5%.
Uses an example: 6% on the first $100,000 and 3% on the balance (then split between brokerages), plus 5% GST.
Estimates only. Not guaranteed. Commission is negotiable and may differ by property and circumstances.
There is no standard commission. Commission is negotiable and can vary based on the property and services included.
Yes, the calculator adds 5% GST on the total commission amount shown.
This is an estimate based on a commonly described posted example structure, however we are less than the calculator above. Your specific listing agreement will differ, in your favour.