What is the lowest commission a realtor will take in Hamilton?
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There is no legal minimum commission in Ontario. Some Hamilton agents will accept lower rates, sometimes as low as 1 to 2 percent for the listing side. Some agents take a flat fee. But these arrangements often come with fewer services, such as no professional photography or staging advice. For more on how the typical split works, see what percentage most realtors charge in Hamilton.
A typical listing agent's portion falls between 2 and 2.5 percent, with another 1 to 2.5 percent for the buyer's agent. Before negotiating a very low commission, think about what you might give up. An experienced agent who prices and markets your home well can often earn back more through a higher sale price than you save on the fee. Find real estate agents in Hamilton and compare what each one offers for their fee.