Alberta Real Estate Commission Calculator

This easy-to-use Real Estate Commission Calculator allows you to find out exactly what commission fees you’ll need to pay when it comes to closing on your home.

If you’re buying a home in Alberta, the Real Estate Commission Calculator from Sterling Edmonton is here to help! This easy-to-use tool allows you to find out exactly what commission fees you’ll need to pay when it comes to closing on your home. We’ve done all the hard work for you so that navigating through the commission information is straightforward and hassle-free – just enter the purchase amount of your Alberta home today and we’ll calculate the total cost that will be due at closing!

Alberta Real Estate Commission Calculator

Inputs

$

Results

You will pay around...
295
7%
on first $100K
3%
on remainder
Buying Agent Comission
140000
Selling Agent Comission
140000
5% GST
140000
The seller of the property will pay for both buying and selling agents' commission. For example, if the seller agent commission is 2.5% and the buyer agent commission is 2.5%, you will pay a total commission of 5%.

What is the Alberta Real Estate Commission Calculator and Why is it Important?

This calculator is designed to give Alberta home buyers a quick and easy way to find out the real estate transaction fees they’ll need to pay when purchasing their home. This is an essential tool for anyone looking to buy a house in Alberta, as it helps you budget properly and understand exactly what will be due at closing. With the Real Estate Commission Calculator, you can quickly and easily determine how much commission fees will need to be paid in your particular situation – so there’s no guesswork involved!

How to Use the Calculator to Estimate Your Commission Fee 

To use this calculator, all you have to do is simply enter the purchase amount (or selling price) of your home. The calculator will then display the total cost of all applicable real estate commissions. You’ll also see a breakdown of how much each commission fee costs in order to get an even better understanding of where your money is going. 

 

By taking advantage of this calculator, you can rest assured knowing that all of your commission fees and closing costs are accounted for – allowing you to budget accordingly and make sure that you’re prepared for the big purchase.

Tips For Getting An Accurate Estimate With the Calculator

To ensure you get the best results, you should make sure to enter the correct purchase amount for your home. The calculator will automatically adjust your commission fees based on the purchase price of your home, so this information must be as accurate as possible to get a true estimate of what you’ll need to pay at closing. 

Common Questions About the Commission Calculator 

Q: Is this calculator only for Alberta homes? 

A: Yes, this calculator is specifically designed to provide commission fee estimates for people who are buying a home in Alberta. 

Q: How accurate are these estimates? 

A: The calculator is designed to give you an estimate of the total cost at closing, including all applicable real estate commission fees. However, it’s important to remember the actual amounts can differ depending on the specifics of your deal.

Q: Do I need to include other fees or taxes in my estimate? 

A: Yes, you should make sure to factor in any additional costs such as GST when using this calculator. This will help ensure that your budget is accurate and that you’ll be prepared for the total cost of your home purchase. 

Where To Find More Information About Alberta Real Estate Commissions

For more information on real estate commissions in Alberta, you can visit the Real Estate Council of Alberta’s website. This will give you a complete overview of everything you need to know about commission fees and other related costs

 

You can also find helpful information on the Canada Mortgage and Housing Corporation website. This site offers a variety of resources to help Albertans learn more about home buying, mortgages, and other related topics. By doing your research here, you can make sure that you’re well-informed before you make your home purchase. 

Our Alberta Real Estate Commission Calculator is an incredibly useful tool for anyone looking to buy a home in Alberta. Not only does it give you an accurate breakdown of real estate commission fees, but it provides you with the comfort of knowing that all of your closing costs are accounted for and taken into consideration. 

Whether you’re a first-time homebuyer or have plenty of experience, taking advantage of this calculator is vital to ensure that everything goes smoothly throughout the entire process. For more insight into the services we provide here at Sterling Edmonton and how they might benefit your real estate journey, please don’t hesitate to contact us today!

 

Note: the information provided on the commission calculator is for informational purposes only and is not considered legally binding.