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Home Deck and Kitchen

FREQUENTLY ASKED QUESTIONS

  • What are typical commission rates in Vancouver?
    The average commission charged by real estate agents (agents) in Vancouver can vary depending on factors including the property in question, brokerage, market conditions and number of real estate agents competing for business in the area. Typically, commission rates are 7% on the first $100,000 and 3.0% on the balance of the sale price, with the commission being split between the listing agent and the buyer's agent. Some agents may charge a higher commission rate, while others may charge a lower rate or offer a different type of fee structure. It is always best to discuss and compare commission rates, fees and services with a number of agents before deciding on which realtor to list your property with.
  • Is it possible to negotiate commission rates?
    Yes. You can negotiate commission with a real estate agent. Commission rates are negotiable and can vary depending on the individual real estate agent or brokerage. It is important to understand that commission is a form of compensation for the real estate agent's services, which include listing and marketing the property, showing the property to potential buyers, and helping to negotiate a sale. Commissions can be negotiated as a percentage of the sale price or as a flat fee. Some real estate agents may be more willing to negotiate their commission rate, especially during periods of low listings or for properties which are likley to be in demand and sell quickly. Keep in mind that a lower commission rate may mean less service or less marketing of the property. It is important to compare services, reputation and experience along with commission when making a decision.
  • I would like to know the approximate listing price of my house, can I use AgentMarket for this?
    Yes. Listing proposals provided by real estate agents include an estimated range of what they believe your property could be listed and sold for in the current market.
  • I don't think I want to sell but would like to see what my options are. Can I use AgentMarket?
    Absolutely. AgentMarket can be used to help gather information, or help find an agent to assist you with your decision.
  • If I complete a request for proposals will I get spammed by real estate agents?
    No. Your contact information is not shared with agents. If you receive a listing proposal that you like, or would like to find out more about, it is up to you to contact the agent or agents of your choice.
  • Do agents pay referral fees to AgentMarket?
    No. There are no referral fees charged to agents or commission splits paid by agents to AgentMarket. We aim to avoid conflicts of interest between us and our users and as such our business model also does not rely on fees for promoting or providing preferential exposure of certain real estate agents, unlike many of the competitior websites.
  • I am a real estate agent, how do I learn more?
    We are always looking to grow our network of professional and experience real estate agents in all locations. We would love to chat, please get in touch via our contact form or view our Agent page.
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