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Comox Valley Real Estate Commission Explained

A clear, transparent guide to understanding how real estate commissions work in British Columbia—and how Graham's 1% model can help you keep more of your equity.
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How Real Estate Commissions Work in BC

When you sell a home in British Columbia, the total commission is typically split between two parties: the listing agent (who represents you, the seller) and the buyer's agent (who represents the purchaser). This commission is paid from the proceeds of the sale at closing.

Commission structures vary between brokerages. Understanding how they're calculated helps you make an informed decision when choosing representation. In BC, commissions are always negotiable—you are not locked into any particular rate.

Example BC Commission Structure

One common commission model used by some brokerages in British Columbia follows a tiered percentage structure:

7% on the first $100,000 of the sale price

3% on the remaining balance

For example, if your home sells for $600,000:

  • 7% of $100,000 = $7,000
  • 3% of $500,000 = $15,000
  • Total commission: $22,000 (plus applicable taxes)

This amount is then typically divided between the listing and buyer's agents.

Graham's 1% Commission Structure

Graham offers a transparent, lower-cost alternative through One Percent Realty—providing full service at a fraction of the fees charged by many brokerages.

For homes under $350,000:

$7,950 flat fee — covers both listing and buyer's agent commission

For homes $350,000 and above:
  • Listing commission: 1% of the sale price + $950 listing expenses

  • Buyer's agent commission: 1% of the sale price

  • Total: 2% + $950

This structure provides significant savings while ensuring your property receives full MLS® exposure and professional marketing.

Side-by-Side Commission Comparison

See how Graham's 1% structure compares to an example commission structure at common Comox Valley price points.

Sale PriceExample CommissionGraham's CommissionYour Savings
$600,000$22,000$12,950$9,050
$800,000$28,000$16,950$11,050
$900,000$31,000$18,950$12,050
$1,000,000$34,000$20,950$13,050

*Calculations exclude applicable taxes. Use the commission calculator for a personalized estimate.

Real Savings Examples

$600,000 Home

Example: $22,000

Graham's: $12,950

You save: $9,050

$800,000 Home

Example: $28,000

Graham's: $16,950

You save: $11,050

$900,000 Home

Example: $31,000

Graham's: $18,950

You save: $12,050

$1,000,000 Home

Example: $34,000

Graham's: $20,950

You save: $13,050

What's Included in Graham's Service

Lower commission does not mean reduced service. Graham provides comprehensive, full-service representation including:

Full MLS® listing exposure

Professional photography

Comprehensive marketing strategy

Expert pricing guidance

Skilled negotiation on your behalf

Transaction coordination

Contract review and guidance

Personalized support from listing to closing

Why Commissions Are Negotiable in BC

In British Columbia, real estate commissions are not fixed by law. The Real Estate Council of BC requires agents to disclose that commission rates are negotiable, ensuring transparency and consumer choice.

This means you have the right to discuss commission structures with any agent before signing a listing agreement. Different brokerages offer different models—from the tiered percentage structure to flat fees and low-percentage alternatives like Graham's 1% structure.

Understanding your options empowers you to make the best decision for your circumstances.

Why This Model Works in the Comox Valley

The Comox Valley real estate market is characterized by strong buyer demand, desirable lifestyle properties, and a steady influx of relocating families and retirees. In this environment, a well-priced, professionally marketed home attracts qualified buyers regardless of the commission structure behind it.

Graham's deep local knowledge—spanning Courtenay, Comox, Cumberland, and surrounding areas—combined with over 20 years of real estate experience ensures your property is positioned effectively. His comprehensive marketing approach and skilled negotiation deliver results, while his 1% model allows you to retain more of your home's equity.

The combination of local expertise and transparent pricing makes this approach particularly effective in the Comox Valley market.

Frequently Asked Questions

In British Columbia, commissions are typically calculated using a tiered structure: 7% on the first $100,000 of the sale price, plus 3% on the remaining balance. However, commissions are fully negotiable, and alternative structures like Graham's 1% model offer significant savings.

Graham's commission includes full MLS® listing exposure, professional photography, comprehensive marketing, expert negotiation, transaction coordination, and personalized support from listing to closing. You receive complete service at a fraction of the fees charged by many brokerages.

Yes. The Real Estate Council of British Columbia requires agents to disclose that commissions are negotiable. Sellers have the right to discuss and agree upon commission rates with their chosen agent before signing a listing agreement.

For homes priced under $350,000, Graham offers a flat fee of $7,950 total, which covers both the listing and buyer's agent commission. This provides full service at a predictable cost for entry-level properties.

The buyer's agent commission (also called the cooperating commission) is the portion offered to the agent representing the buyer. Graham's structure includes a 1% buyer's agent commission, which is competitive and ensures your property remains attractive to all agents and their clients.

The Comox Valley market features strong demand and desirable properties that attract motivated buyers. A well-priced, professionally marketed home sells efficiently regardless of commission structure. Graham's local expertise and comprehensive service ensure results without premium fees.

No. Real estate commissions are only paid upon the successful completion of a sale. If your home does not sell, you do not owe any commission.

The first step is a no-obligation home valuation and consultation. Graham will review your property, discuss your goals, and provide a clear breakdown of costs and expected proceeds. Contact him to schedule your free consultation.

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