As a buyer, you normally do not pay anything.
This has caused a great deal of confusion for consumers. A listing agreement between the seller and the seller's listing agent specifies how much they will pay to a buyer's agent for bringing a buyer.
Yes, you read that correctly. The seller, in effect, pays your buyer's agent to negotiate on behalf of you, the buyer. You are generally not required to pay any fee.
There are instances where a buyer may pay a fee to our brokerage directly, such as when there is no commission offered because the property is a "For Sale By Owner." This happens rarely, less than 5% of the time.
1012 Beach Ave #2, Vancouver, BC V6E 1T7