Compare Us - Fine Print
Despite the Real Estate Board of Greater Vancouver not having a commission "standard", every brokerage has the opportunity to create their own commission model and to have their agents represent it to the public.
This side by side comparison tool helps inform consumers about the bigger picture of real estate commission fees, showing hidden costs, who is charging what and what you are getting for your money.
The information on other brokerage models has been taken from the public information available on corporate sales websites and includes the following categories of comparison:
Both Sell & Buy Fees Incl.
Buyer Commission Rebate
Extra Charges
MLS® Exposure
Medallion Award Winner
Seller Dashboard
Buyer Dashboard
Cancel Anytime
Choose Any Term*
Pro Photography Included
Pro Floorplans Included
Agent Open House
Open House
Showing Appointments
Kate vs. Traditional Brokers
Kate @ One Percent Commission + What's Included:
Canadian Owned and Operated
Over $700k: 1% of the Purchase Price + $950 Admin Fee + GST or
Under $700k: $7000 flat fee + $950 Admin Fee + GST
Both Buyer Agent and Selling Agent commissions are included with our model. In addition to that, Kate Jackson Personal Real Estate Corporation also pays
25% of the Buying Agent Commission she receives when she works with Buyers. It doesn't matter if you have sold with her first.
There are no extra charges.
You get full MLS® exposure for your listings if you list with Kate.
Kate is a four time Medallion Award winner and two time Master Medallion Award winner.
She offers her clients a private dashboard to track her work for you whether you are a Buyer or Seller.
Kate offers her clients a clause in her listing documents on the Schedule A document where you can cancel your listing at anytime with her. In offering that clause, that means that you can cancel your listing at anytime with her.
Kate includes professional photography and floorplans, as well as title searches, strata fee documents and any other associated costs with the marketing of your listing, all at no cost to you.
Kate offers agent open houses, public open houses and also personal showing appointments.
Traditional Brokers Commission + What's Included: Remax, Sutton, Sotheby's
American and/or Canadian Owned/Operated
Commission Model: 7% of the 1st $100k plus 2.5% of the balance however this commission is variable depending on the Agent - while it is often seen to be more than 2.5% of the balance is it seldom, if ever, less.
Both Buyer Agent and Selling Agent commissions are included with this model. Sometimes a traditional commission agent will offer a rebate or incentive sharing commission, however that is usually not a public offering on their marketing that is a no-strings-attached offer to every Buyer for the purchase of any property.
Extra charges in a traditional commission model are usually not involved however it is Agent dependent.
You get full MLS® exposure for your listings via traditional brokerages.
Awards and performance recognition are Agent dependent.
Buyer and/or Seller Dashboards are Agent dependent however as to what they would showcase and feature, most Agents are not advertising dashboards that follow each and every step of the process along the way. Typical dashboards feature the MLS® listing service exclusively.
Cancellation clauses in listing documents are Agent dependent and as such, so is the option to cancel at anytime.
What is included in your service with traditional commission models is Agent dependent.
In-person marketing regarding agent open houses, public open houses and also personal showing appointments is Agent dependent however with traditional models these services are typically included.
Kate vs. Redfin
Kate @ One Percent Commission + What's Included:
Canadian Owned and Operated
Over $700k: 1% of the Purchase Price + $950 Admin Fee + GST or
Under $700k: $7000 flat fee + $950 Admin Fee + GST
Both Buyer Agent and Selling Agent commissions are included with our model. In addition to that, Kate Jackson Personal Real Estate Corporation also pays
25% of the Buying Agent Commission she receives when she works with Buyers. It doesn't matter if you have sold with her first.
There are no extra charges.
You get full MLS® exposure for your listings if you list with Kate.
Kate is a four time Medallion Award winner and two time Master Medallion Award winner.
She offers her clients a private dashboard to track her work for you whether you are a Buyer or Seller.
Kate offers her clients a clause in her listing documents on the Schedule A document where you can cancel your listing at anytime with her. In offering that clause, that means that you can cancel your listing at anytime with her.
Kate includes professional photography and floorplans, as well as title searches, strata fee documents, professional signage and any other associated costs with the marketing of your listing, all at no cost to you.
Kate offers agent open houses, public open houses and also personal showing appointments.
Redfin Commission Model + What's Included:
American Owned with Canadian Offices
Commission Model: Pay a 1.5% of the List Price (Purchase Price) when you sell, or a 1% listing fee when you buy and sll with Redfin.
Buyers REALTOR® commission is NOT included in listing fees charged. You pay this fee in addition to Redfin's fees. Buyer's REALTOR® commission is typically 3.22% of the 1st $100k plus 1.15% of the balance however it is often more.
Here's the fine print from Redfin.ca:
"Minimum commissions apply. Buyer's agent commission not included. Find out more (redfin.com/disclaimer). Sell for a 1% listing fee only if you also buy with Redfin within 365 days of closing on your Redfin listing. If you sell first we will initially charge a 1.5% listing fee and then send you a check for the .5% difference after you buy your next home with Redfin. Subject to market-based minimum Redfin commission. Listing commission subject to change. Buyer's agent commission not included. For example, if the buyer’s agent commission is 2.5%, sellers who also buy with Redfin will pay a total commission of 3.5%. Listing commission increased by 1% of sale price if buyer is unrepresented. Find out more (redfin.com/services/buy-and-sell-with-redfin-to-save-even-more). $2,800 is an average of the differences between the sale and list prices of Redfin listings versus those of comparable listings by other brokerages, based on a 2019 study."
Redfin does not appear to offer a Buyer Bonus/Rebate program to Buyers who do not first sell their homes with Redfin.
Redfin appears to not have extra charges for services outside the variable charges described above in their commission structure.
You get full MLS® exposure for your listings via Redfin.
Awards and performance recognition are Agent dependent.
Redfin appears to offer a Buyer and/or Seller Dashboards however as to what they would showcase and feature, that is unknown.
Cancellation clauses in listing documents are Agent dependent and as such, so is the option to cancel at anytime however it is unknown if Redfin has a minimum term.
Redfin includes professional photography, floorplans, Matterport® online tours as well as feature sheets and professional signage.
In-person marketing regarding agent open houses, public open houses and also personal showing appointments is Agent dependent however considering Redfin does not go into detail on their website if these services are also offered, if Redfin provides these services is unknown.
Kate vs. One Flat Fee
Kate @ One Percent Commission + What's Included:
Canadian Owned and Operated
Commission Model:
Over $700k: 1% of the Purchase Price + $950 Admin Fee + GST or
Under $700k: $7000 flat fee + $950 Admin Fee + GST
Both Buyer Agent and Selling Agent commissions are included with our model. In addition to that, Kate Jackson Personal Real Estate Corporation also pays
25% of the Buying Agent Commission she receives when she works with Buyers. It doesn't matter if you have sold with her first.
There are no extra charges.
You get full MLS® exposure for your listings if you list with Kate.
Kate is a four time Medallion Award winner and two time Master Medallion Award winner.
She offers her clients a private dashboard to track her work for you whether you are a Buyer or Seller.
Kate offers her clients a clause in her listing documents on the Schedule A document where you can cancel your listing at anytime with her. In offering that clause, that means that you can cancel your listing at anytime with her.
Kate includes professional photography and floorplans, as well as title searches, strata fee documents, professional signage and any other associated costs with the marketing of your listing, all at no cost to you.
Kate offers agent open houses, public open houses and also personal showing appointments.
One Flat Fee Commission Model + What's Included:
Canadian Owned/Operated
Commission Model:
$499 For Sale By Owner Package + $995 at Closing
$999 Custom Listing Package
$3499 Full Services MLS® Discount REALTOR®
Buyers REALTOR® commission is NOT included in listing fees charged. You pay this fee in addition to One Flat Fee's fees. Buyer's REALTOR® commission is typically 3.22% of the 1st $100k plus 1.15% of the balance however it is often more.
One Flat Fee appears to have two different Buyer Cash Back programs. Package A is where a Buyer finds their own home, they get representation from One Flat Fee and a 50% cash back commission is paid to the Buyer. Package B is more comprehensive and as such One Flat Fee rebates their Buyer 25% on this option. It also states on their site that the cash back program is only applicable if you first sell through One Flat Fee.
One Flat Fee appears to have extra charges for services outside the variable charges described above in their commission structure. Details can be found on their website (oneflatfee.ca).
You get full MLS® exposure for your listings via One Flat Fee.
Awards and performance recognition are Agent dependent.
One Flat Fee does not appear to offer a Buyer and/or Seller Dashboards.
One Flat Fee appears to offer the option to cancel at anytime however it is unknown if One Flat Fee has a minimum term.
One Flat Fee does not include professional photography, floorplans, online tours as well as feature sheets and professional signage on their Package 1 or Package 2. It does not specify on their website if these services are included in their Package 3 offering.
One Flat Fee does not appear to offer any In-person marketing regarding agent open houses, public open houses and also personal showing appointments.
