Chad writes a column for the local Toronto Metro newspaper called Condo Q & A. The articles previously printed in the Metro News are reprinted below. Read on for great advice and tips on condos, lofts, and townhomes in Toronto!

Q:

I am interested in selling my condo and would like to know what the standard commission is in Toronto, and are they negotiable?

A:

There is no standard commission in Toronto. You should be wary of realtors that tell you that their commission is an industry standard. perhaps a more important question is: what does the realtor do to earn their commission?There are several tasks that should be completed in order to get your home sold, and you cannot expect to receive the same services from every realtor. Currently, there are more than 25,000 realtors on the Toronto real estate board, so make sure you work with one that has a solid marketing plan in writing. Aggressive marketing is required to ensure your home is exposed to the maximum amount of potential buyers. The more buyers that see your home greatly increases the chance of getting an offer, and in some cases, a higher-priced offer. As far as negotiating commissions, as I mentioned before, there is no set price for commissions. But, keep in mind, if a realtor is unable to negotiate their own commission, how confident are you with their skills when it comes time to negotiate the selling price of your home with a potential buyer?