Fees Explained in the Kelowna & Okanagan real estate
There is no standard rate for commission and each real
estate agent will have to answer the commission rate questions
When you list your home with us, 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 we 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
- Listing your home on www.realtor.ca
- Listing your home on Kinnexus - the Okanagan Mainline
Real Estate Board system used by all local agents.
- Listing your home on www.wiseonrealestate.com
- Colour Brochures, Printing and Copying
- Lawn Sign(s)
- Lock Box
- Professional Fees and Insurance
- Professional Photography
We also offer our clients the wise on real estate Loyalty Program. Please give us a call for more information.