Realtylink.org The Largest Number of Homes for Sale
  • Search
  • Buy
    • Find a home
    • Find homes by neighbourhood
    • Steps to buying a home
    • Home buying costs
    • Find a commercial property
  • Sell
    • Steps to sell a home
    • Prepping your home
    • Home selling costs
  • My REALTOR®
    • Find a REALTOR®
    • How REALTORS® help
    • Ten steps to help you find the right REALTOR®
    • Working with a commercial REALTOR®
  • Market Tools
    • Real estate news
    • Mortgage calculator
    • Market stats
  • British Columbia
  • Québec
Log in

Message

SELLING COSTS

If you’ve decided to sell your home, it’s important you understand the costs involved. This page walks you through these costs.

Facebook LinkedIn Twitter Pinterest Email Copy link

Send to a friend

Send me a copy
Save my information
By clicking Send, you consent to your personal information being processed as set forth in Realtylink’ Privacy Policy.
  • REALTORS® fees
  • When is a commission or fee payable?
  • Contractors
  • Home inspection fee
  • Goods and Services Tax (GST)
  • Adjustments
  • Legal or Notary Public fees
  • Final utility payments
  • Moving fees
  • Costs of clearing the property title



CHOOSING THE RIGHT HOME STARTS WITH CHOOSING THE RIGHT REALTOR®


FIND A REALTOR®

REALTORS® fees

You and your REALTOR® will agree to this beforehand. There's no set fee commission rate in the real estate profession. Most Realtors are paid after ownership is transferred. Fees are typically paid to the real estate company by the lawyer or notary in the transaction, from the sale proceeds.

Compensation is always agreed to beforehand between you and your Realtor. The commission paid depends on the services your Realtor provides, which can vary significantly depending on your needs as a client or the business model your Realtor employs.

The standard Multiple Listing Contract provides that commission is payable on the earlier of the following: Completion date under the Contract of Purchase and Sale, or the actual date that the sale completes.

When is a commission or fee payable?

The Multiple Listing Contract states the fee or commission is payable on the earlier of the following: completion date under the Contract of Purchase and Sale; or the actual date that the sale completes.

Contractors

Home owners typically want to spruce up their home to get it ready for sale. This can involve hiring landscapers, home stagers and even Feng Shui experts.

Home inspection fee

A seller may want to hire a home inspector to report on the condition of the home, including structural and moisture problems, and the electrical, plumbing, roofing and insulation. The fee ranges from $500 - $900 depending on the size of the home and the complexity of the inspection. Some inspectors also charge an additional fee for an older home or a home with secondary suite, a crawlspace or a laneway home.

Goods and Services Tax (GST)

The GST applies to fees of Realtors, contractors, and home inspectors.

Adjustments

  • Property taxes - depending on the contract, you may be required to reimburse the buyer for prepaid property taxes if all parties agree to extend the time you remain in the home.
  • Rent and security deposits: if there's a secondary suite or a laneway home rental and the tenancy continues, you'll have to transfer the security deposit with accrued interest to the buyer because the buyer is responsible for reimbursement when the tenant leaves.

Legal or notary public fees

Buyers typically hire a lawyer or notary public to assist with drafting documents and ensuring the title of the home is properly transferred.

Final utility payments

Sellers are responsible for utility payments until the date of possession.

Moving fees

Moving fees vary depending on the distance moved and whether professional movers do the packing. Rates vary.

Costs of clearing the property title

  • Discharge fees charged by encumbrance holders; and
  • Pre-payment penalties.

If you have questions about selling costs, contact your Realtor.

LOOKING FOR YOUR NEXT HOME?

Realtors work from a powerful business system called the Multiple Listings Service® (MLS®). The MLS® contains detailed information on home listings. Owned and operated by the Real Estate Board of Greater Vancouver and its Realtor members, Realtylink is powered by the MLS®. Use Realtylink today to find your next home

Find your new home


Back top
DISCOVER REALTYLINK.ORG

Realtylink.org is a property search website hosted by REALTORS® at Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Vancouver Island Real Estate Board, BC Northern Real Estate Board, and Chilliwack and District Real Estate Board.

Discover Realtylink.org
WORKING WITH A REALTOR®

Whether you’re buying or selling a home, it’s important to understand from the outset how professional representation can help you at every step of the process.

How Realtors help
CONTACT REALTYLINK.ORG

Do you have any questions or comments for us?

Contact Realtylink.org

Site map
Greater Vancouver
  • Bowen Island
  • Burnaby
  • Burnaby East
  • Burnaby North
  • Burnaby South
  • Coquitlam
  • Maple Ridge
  • Vancouver
  • Ladner
  • New Westminster
  • North Vancouver
  • Pitt Meadows
  • Port Coquitlam
  • Port Moody
  • Richmond
  • Squamish
  • Tsawwassen
  • Vancouver East
  • Vancouver West
  • West Vancouver
  • Whistler
  • Pemberton
  • Sunshine Coast
Fraser Valley
  • Abbotsford
  • North Delta
  • Langley
  • Surrey
  • Mission
  • White Rock
Vancouver Island
  • Campbell River
  • Comox
  • Duncan
  • Nanaimo
  • Parksville
  • Qualicum
  • Port Alberni
  • Tofino
  • Ladysmith
  • Saltspring Island
  • Galiano Island
BC Northern
  • 100 Mile House
  • Williams Lake
  • Quesnel
  • Prince Rupert
  • Houston
  • Smithers
  • Burns Lake
  • Vanderhoof
  • Fort St. James
  • Fort St. John
  • Fort Nelson
  • Mackenzie
  • Prince George
  • Robson Valley
  • Terrace
  • Kitimat
Chilliwack and District
  • Agassiz
  • Harrison Hot Springs
  • Harrison Mills / Mt Woodside
  • Hope
  • Rosedale
  • Cultus Lake
  • Sardis
  • Yarrow
  • Chilliwack

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Powered by Centris © Centris 2025. All rights reserved.
Site privacy policy and terms of use
  • Nearby properties
    • Find a home
    • Find homes by neighbourhood
    • Steps to buying a home
    • Home buying costs
    • Find a commercial property
    • Steps to sell a home
    • Prepping your home
    • Home selling costs
    • Find a REALTOR®
    • How REALTORS® help
    • Ten steps to help you find the right REALTOR®
    • Working with a commercial REALTOR®
    • Real estate news
    • Mortgage calculator
    • Market stats
    • British Columbia
    • Québec