Do buyers pay real estate agent fees in Halifax?
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In most Halifax transactions, buyers do not pay their agent directly. The seller pays a total commission that is then shared with the buyer's agent. This means buyers can have full professional representation at no direct cost to them. For what a buyer's agent actually does with that compensation, see what a buyer's agent does in Halifax.
Buyers do pay other closing costs in Nova Scotia, including deed transfer tax, legal fees, and home inspection costs. Halifax charges a municipal deed transfer tax of 1.5 percent of the purchase price, plus a provincial rate. Budget roughly two to three percent of the purchase price for total closing costs beyond the down payment. Find a real estate agent in Halifax who can give you a full closing cost estimate.