Market
Minute
January '25
New Year, New Look! We're gearing up for our favourite time of year (Spring Market), answering some of your burning questions and celebrating recent wins. Plus FREE coffee. Come on in!
Chance to WIN a $20 gift card to Balzac's Coffee!
Where is the market going in 2025?
Buying/Selling 101: How Realtors get paid
Guess who's moving?
We're giving stuff AWAY!
We want our Market Minute to be something you look forward to each month! Not only do we love keeping you in the loop on all things real estate, but we also enjoy sharing our favorite local businesses with you.
So, we’re combining the two! Each month, we’ll feature a giveaway for a gift card to one of the amazing spots we love in town. All you have to do is find the giveaway in our newsletter and enter—it’s that easy!
Feel free to forward to anyone who might enjoy the newsletter or would love a chance to win some free goodies! 💌
Let's Talk:
How REALTORS
Get Paid
Fast Facts:
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Sellers: You pay the commission, which gets split between the listing agent and the buyer’s agent.
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Buyers: You don’t pay your Realtor directly—it’s covered by the Seller.
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When? Nobody gets paid until the deal closes.
REALTORS get paid through commission. A commission is a percentage of the final sale price of a home. Note that HST (13%) is owed in ADDITION to the negotiated commission.
The seller (typically) pays BOTH the listing agent & the buying agent. The % owed to each agent is outlined in your listing agreement.
How much does it cost? That depends. On the listing side, Realtors provide varying levels of service/packages for a set fee (typically a % of the sale). Ensure you are clear on what’s included, such as marketing, staging, and negotiation support to set your expectations appropriately.
The percentage offered to the buying agent is the Seller's decision. Your listing agent should be familiar with the rates typically offered in your local area. FYI... this % is NOT shared publicly but IS shared in the listing details visible to the Buyer's agent.
WAIT! The Buyer pays nothing? Technically, that’s correct. The Buyer does not pay any commissions directly. However, commissions are being paid from the proceeds of the sale. And the proceeds would not exist without the buyer’s money.
Sooooo... really it’s (typically) the buyer who is indirectly paying the commissions - when you really think about it.
Speaking of the money, the deposit the Buyer pays is typically enough to cover the commission, this money will (most often) sit in the Listing brokerages trust account until the deal is closed. Then it is released and dispursed based on the terms of the listing agreement.
Client Congratulations
There’s no better gift than the start of a new chapter!
This sale was all about helping our seller say goodbye to condo fees and hello to freedom.
Beautiful staging by Hailey at Rose Hill Interiors brought out the best in this space, and it found its next owners in just 5 days!
HUGE congratulations to our amazing first-time buyers on securing their new home!
From day one, they were focused, motivated, and determined to find the right place for themselves—and they did it!
We’re especially excited because they’ll be new to our beautiful city of Guelph. There’s nothing better than welcoming great people into our community, and the best part? They’ll be close by this winter!
Thank you to Jim Steffler for the introduction!