Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

Are real estate commissions set by a rule or a standard rate?

No. The Saskatchewan Real Estate Commission licenses agents and requires commission to be agreed in writing between a seller and their brokerage, but it does not set or publish a standard rate, and commission in Saskatchewan is negotiable and often tiered, a higher rate on the first portion of the price and a lower rate on the balance.

The word commission in the regulator's own name causes the confusion: the Saskatchewan Real Estate Commission is the licensing body that disciplines agents and requires the fee to be agreed in writing, not a rate-setting authority, and legal fees on the same file, typically $800 to $1,500, are set by the lawyer, not the regulator either.

What a seller actually pays is set out in their listing agreement with their own brokerage and can vary by home, by market conditions and by what the brokerage includes, from photography to how the listing is marketed, so two Saskatoon sellers can reasonably see different numbers on the same street.

Asking what a specific listing includes for the fee, not just the number, is the more useful question. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

Still have a question?

Ask Joel directly. No form, no obligation, and a real answer even when the answer is that now is not the time to sell.