Glossary · Selling and the market

Listing agreement

A listing agreement is the contract between a seller and a brokerage that sets the list price, the listing term, the commission and how the property will be marketed.

Commission is negotiable and set out in dollars or percentages in the agreement. Read the term, the cancellation terms and how commission is shared with a buyer's brokerage.

Realtor fees in dollars →

General information, not legal or tax advice. Rules change; confirm the current figures with the province or your notary or lawyer before relying on them.