A one percent REALTOR® or one percent agent is a real estate professional who charges only 1% commission (plus applicable sales taxes) to sell your home. In competitive markets like the Greater Toronto Area or Vancouver, many agents offer lower commissions to set themselves apart from their competition. On a $500,000 home in Ontario, you could save more than $7,500 with a 1% agent. While some regions may not offer one percent real estate agents, WOWA.ca helps you find the best agents with the lowest commissions in your area.
You could save up to $7,500 when you work with a WOWA.ca agent.
* Savings based on a discounted commission rate of 1% compared to a commission rate of 2.5%. Results are shown for illustrative purposes only.
Seller or listing agent commissions in Ontario are usually 2.5% of the total selling price of a property. This makes up half of the standard 5% real estate agent commission, which is then split between buyer and seller agents. Agents in major centres like Toronto and Ottawa may be willing to lower their commissions as home prices in these markets are higher. Some buyer agents also offer a cashback rebate when you buy a home with them. You can search for real estate agents by commission in Ontario above.Find out more about real estate commissions in Ontario
Seller or listing agent commissions in BC are usually set on a graduated scale and vary from region to region. Seller agents in Vancouver typically charge 3.875% on the first $100,000 of a property and 1.3375% on the remaining total. In comparison, seller agents in Victoria usually charge 3% on the first $100,000 of a property's price and 1.5% on the remaining total. You can search for real estate agents by commission in BC above.Find out more about real estate commissions in BC
Seller or listing agent commissions in Alberta are usually set at 3.5% for the first $100,000 of a property's selling price and 1.5% of the remaining balance. This is half of the total commission - the other half goes to the buyer agent. Commissions may vary, however, especially outside of major centres like Calgary and Edmonton. You can search for real estate agents by commission in Alberta above.Find out more about real estate commissions in Alberta
Real estate commissions in Saskatchewan are usually based on one of two calculations:
You can search for real estate agents by commission in Saskatchewan above.Find out more about real estate commissions in Saskatchewan
* Offer not available in all regions. 1% and other discounted commission offers may be subject to terms and conditions. Please discuss with your real estate agent before making any decisions. We try our best to find you the best agents, but we are not responsible for any losses or damages caused by the actions by any of our real estate agents.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. 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.