Fees Explained in the Kelowna & Okanagan real estate market.

There is no standard rate for commission and each real estate agent will have to answer the commission rate questions individually.

When you list your home with me, the commission fees charged are for the SUCCESSFUL SALE of your home.  Until there is a completed sale on your home, there is no charge.  Upon completion I charge a commission of 7% on the first $100,000 and 3% on the remainder.

This amount is split between RE/MAX Kelowna as your listing brokerage and the brokerage of the agent representing the buyer. Of the 50% received by RE/MAX, 1/3 pays for expenses, 1/3 for income taxes and 1/3 to Wise on Real Estate.

These fees cover numerous costs which include but are not limited to:

1. Listing your home on www.mls.ca
2. Listing your home on Kinnexus - the Okanagan Mainline Real Estate Board system used by all local agents.
3. Listing your home on www.trishwise.com
4. Home Staging Consultation plus $300 towards each month on the market
5. Colour Brochures, Printing and Copying
6. Lawn Sign(s)
7. Lock Box
8. Professional Fees and Insurance

I also give discounts back to the home seller depending on the situation. If I represent the seller and the buyer in a transaction then I will give a $2,000.00 discount to the sellers on the commission. If I help the seller purchase their next home then I will give them a 15% referral fee (15% of the commission I earned on the purchase).

As a professional real estate agent I believe in offering service that goes above and beyond. I have been known to help my clients by storing furniture that needed to be removed while the home was on the market, dog sitting during broker tours, helping move furniture, arrange baby-sitting and deal with contractors while a client was out of town.