Monday, August 03, 2009

Mississauga Real Estate Commission Rates and Information Request

Here is a typical question that I receive about commission rates
Dear Mark,

Can you tell me who sets the commission rates for selling residential homes?

Thanks,

DF


Hi D.F.,
There is no set commission, setting commission rates is against the law and the Anti Combines Act and a few other laws in Canada.
There are typical rates and regional variations in rates, but they are never fixed. Commission can be zero to 10% or higher.
I hope this helps.
You can read more about commissions at this page of my site: http://www.mississauga4sale.com/commission.htm
Thank you,
Mark

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