In most Toronto rentals, tenants don’t pay realtor fees—the landlord covers commission, so you get professional service at no extra cost.
Working with a rental agent in Toronto is one of the best ways to simplify your home search. Here’s how it works:
How Realtor Fees Work for Rentals
- Landlord pays: Once your lease is finalized, the landlord’s brokerage pays the tenant’s brokerage a commission, typically equal to one month’s rent (shared between agents).
- No cost to the tenant: As the renter, you generally don’t pay your agent directly.
- Professional support: You benefit from your agent’s market knowledge, showings, and negotiation skills without an out-of-pocket fee.
Why Use a Realtor for Rentals?
- Market access: Realtors can screen MLS listings and exclusive opportunities.
- Efficiency: Save time by only viewing suitable properties.
- Negotiation: Guidance on lease terms, rent, and protecting your interests.
- Smooth process: From paperwork to move-in, your agent helps every step of the way.
The Fox Marin Team helps tenants navigate Toronto’s competitive rental market with confidence, finding the right home, negotiating terms, and ensuring a seamless move-in, all at no direct cost to you.
Did you find this useful?