What Costs Come with Selling a Home. Jump to section. There are a number of fees and commissions you should be aware of: the commission you agreed to pay your real estate licensee’s brokerage; the legal fees to discharge any existing mortgage; legal or notary fees for title transfer; the GST on the real estate commission and on your legal fees;. Legal fees for selling a house in BC, Canada can range from $1000 to $2500 and are charged by notaries or lawyers involved in the transaction. Realtor commission fees typically amount to 7% on the first CAD $100,000 of the home’s sale price and then transition to 2.5% on the balance. This cost should be factored into net proceeds when.
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Buyers don’t need to pay real estate agent commission in BC. For an $800,000 home in Vancouver, a seller would pay an estimated 3.22% or $25,725. The commission is split 45/55% between the buying and selling agents. However, your agent must also pay brokerage fees and advertising expenses.. Other Costs to Sell. While the above accounts for the majority of cost that you’ll need to cover when selling a house in BC, the below are additional tidbits that you’ll want to consider as well. move in move out fees [if strata – typically $50-$200] moving truck; pet boarding costs [in case your pets need a place to be temporarily]
