What does a REALTOR® do for me?

Barbara Sukkau, president of the Ontario Real Estate Association, talks about how signing the Buyer Representation Agreement can help protect the biggest purchase of your life. Sukkau highlights that your REALTORS® commission is negotiable and shows what a REALTOR® can do for you.

Visit http://www.orea.com or http://www.howrealtorshelp.ca for more information or to find a Realtor in your area.

Category:

Education

Tags:

• Calculate
• afford
• locate
• visit
• verify
• value
• market
• advise
• offer
• negotiate
• home
• house
• inspector
• lawyer
• commission
• buyer representation agreement
• contract
• Ontario

[CBKCANADA]

how does the commission negotiating work?

[OREAinfo]

@CBKCANADA Commission is negotiable. When reviewing the Buyer Representation Agreement with the salesperson, ask how much they charge. In a typical real estate transaction, it is the seller who pays the commission. However, there may be some instances when a buyer is obligated to pay. For instance, if you agreed to a commission rate of 2.5% and the seller has agreed to pay your brokerage 2.5%, your commission obligation is reduced to zero.

[OREAinfo]

@CBKCANADA If instead, you agreed to 2.5% and the seller has agreed to pay your brokerage 2%, you are obligated to make up the difference of 1/2%. If the seller has not agreed to pay any commission to your brokerage, you would be obligated to pay the full 2.5%. The 2.5% is only being used as an example. The amount you negotiate could be anywhere from zero upwards.

[DiamondandKeyesTv]

A great video.

[rashedmbutt]

Good reason to believe by the prospective buyers. Realtor can make it happen. Just think about it!!!!



[GTArealtor1]

Love this! Simple, to the point and encouraging. Keep it up OREA.

[absolutjro]

Great video! Keep them coming!

[DavidPylypTV]

Well done!

David Pylyp

Living in Toronto