Surrey real estate agent fees in the province are typically charged as a commission, based on the sale price of the property. The commission rate can vary and is typically negotiated between the property seller and the Surrey real estate agent.
For more information on great Surrey neighborhoods, contact a Surrey Real Estate Agent.
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Surrey Real Estate Agent Commission
In Surrey, the most common real estate agent commission rate is 7% on the first $100,000 of the sale price and 2.5% on the balance of the sale price. However, this real estate agent fee rate is not fixed and can vary depending on factors such as the location of the property in Surrey, the type of property, and the current state of the Surrey real estate market.
It is important to note that the commission paid to the Surrey real estate agent is typically split between the Surrey property seller's real estate agent and the buyer's agent. The seller is responsible for paying the commission to both agents, which is usually deducted from the sale price of the property.
It's recommended to speak with a few different local Surrey real estate agents to get an idea of their commission rates and services before choosing an agent to work with.