The Real Cost of Selling an Edmonton House: Beyond the 7/3 Realtor Fee
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The Real Cost of Selling an Edmonton House: Beyond the 7/3 Realtor Fee
Selling a home in Edmonton is an exciting milestone, but seeing the final settlement statement at the closing table shouldn't come as a surprise. When most local homeowners prepare to list their property, they immediately think of the "7/3 rule" for real estate commissions.
While commission is a significant part of your transactional expenses, it is far from the only cost. To accurately calculate your true take-home equity, you need to understand exactly how that sliding scale works, how it impacts buyers, and what hidden local fees are waiting in the wings.
1. Demystifying the Edmonton Realtor Commission
Real estate commissions in Alberta are entirely negotiable,…
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