Do I Need To Pay The Buyer Agent Commission?

In most Toronto real estate transactions, the seller usually (but not always) pays both the listing and buyer agent commissions, so buyers typically don’t pay directly.

When you work with a buyer agent in Toronto, you’ll often sign a Buyer’s Representation Agreement (BRA). While not mandatory, this agreement clarifies roles, responsibilities, and compensation.

Here’s what you need to know:

• MLS-listed properties: Typically, the listing brokerage pays the buyer’s agent’s commission from the sale proceeds, meaning no direct payment is required from you, the buyer.
• Off-market properties: If you purchase a property not listed on MLS, compensation may work differently. In rare cases, buyers may need to pay their agent directly.
• Buyer’s Representation Agreement: This agreement outlines exactly when, if ever, you will be responsible for the commission. Reviewing it carefully with your agent is key to avoiding surprises.

The Fox Marin Team is transparent about commission structures from day one. Fox Marin’s role is to ensure you understand how compensation works so you can focus on finding the right home without hidden costs or confusion.

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