How much does a real estate agent cost in Ottawa?
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In Ottawa, the seller pays the real estate agent commission at the end of a sale. The commission is split between the listing agent and the buyer's agent. As a buyer, you generally do not pay your agent directly. Commissions in Ontario are negotiable, and to understand whether buyers pay any part of this fee, that is worth reading before you start.
In Ottawa, total commissions have historically ranged from around 3.5 to 5 percent of the final sale price. On a home selling for $700,000, a 4 percent commission equals $28,000, shared between both agents and their brokerages. Find real estate agents in Ottawa and ask each one to explain their fee structure.