May 2026

Buying or selling a home is probably the biggest financial transaction of your life. And somewhere in that process, tens of thousands of dollars quietly change hands in the form of real estate commissions—money many buyers and sellers don't fully understand.

Here's everything you need to know about how real estate commissions work in Canada.

10 Key Facts About Real Estate Commissions

• Commission is a real estate fee that pays for the services of a listing agent and/or buyer's agent.
• Total commission for both agents varies by province, but is often in the 4–5% range.
• Commissions are subject to GST or HST, depending on the province.
• The total commission is split between both agents and their respective brokerages.
• The commission

Thinking about buying your first home, or looking to simplify after years of shovelling driveways and patching roofs? For many Canadians, buying a condo is the answer. But it's also a purchase that surprises people in ways they didn't expect.

Monthly fees. Condo board rules. Reserve fund shortfalls. These may or may not be dealbreakers, but they're definitely things you need to understand before you sign anything.

This guide walks you through everything: what condo ownership actually means, how it compares to buying a house, what to watch for financially, and how to figure out whether condo life fits your situation.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate

You found a house you love. The listing looks right. But how do you know whether the price is fair or if you're about to overpay by $40,000?

That's exactly what real estate comps are for.

Whether you're buying your first home in Calgary, pricing a property to sell, or just trying to make sense of what your neighbourhood is worth, real estate comps are the most grounded tool you have. They replace guesswork with real data.

Here's what comps are, why they matter, and how to find them in Canada.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Quick Comps Checklist for Buyers and Sellers

• Comps = recently sold homes similar to the one you're

You found the perfect house. Your offer got accepted. But now you're staring at closing day on your calendar. You've never done this before—what actually happens at the closing table?

This guide walks you through the entire home-closing process in Canada, covering both buyer and seller perspectives. You'll learn what to expect, what to bring, what you'll pay, and how to avoid common problems that can delay your big day.

For informational purposes only. Always consult with a licensed real estate professional for advice tailored to your specific transaction.

Quick Closing Day Checklist (Save This)

For Buyers:

• Review your lawyer's statement of adjustments.
• Arrange closing funds (certified cheque or wire transfer).
• Schedule