- Lets say a person owns 2 houses and wants to get rid of one.
- Lets say usually its 5% listing (60/40) seller/buyer agent
In this case theres no buyer agent because seller is just looking to sell the home. Would the listing agent get a full 5%? or negotiable, lets say 3%? Also after that he'd pay his brokerage a split assume 10%, and does he also pay a tax on his commission? Lets say Ontario, Tax @ 13%. Would he also pay 13% of his commission for tax?