\u201cWhat will I actually walk away with?\u201d is the first question most Vancouver West sellers ask me \u2014 and the honest answer is: less than the sale price minus the mortgage. Commission, legal fees, taxes and preparation costs typically add up to 3.5\u20134% of the price. Here is every major cost of selling a home in Vancouver in 2026, with a worked example on a $1.5 million sale.<\/p>\n
There is no legislated commission rate in British Columbia \u2014 it is fully negotiable. The most common Greater Vancouver structure is 7% on the first $100,000 of the price plus about 3% on the balance<\/strong>, shared between the listing and buyer brokerages. Commission is subject to 5% GST<\/strong>.<\/p>\n On a $1,500,000 sale (using 3% on the balance):<\/p>\n Rates and included services (photography, video, staging advice, advertising) vary by brokerage \u2014 compare what is included, not just the number. For the full process, see our guide to selling your Vancouver home<\/a>.<\/p>\n A lawyer or notary handles the conveyance, discharges your mortgage and registers the transfer. Expect roughly $1,200\u2013$2,500 in Vancouver depending on complexity. This is not the place to economize \u2014 use a local lawyer who does real estate conveyancing every day.<\/p>\n If your mortgage term has not ended, breaking it triggers a prepayment penalty: typically three months\u2019 interest on a variable rate, or the greater of three months\u2019 interest and the interest rate differential (IRD) on a fixed rate \u2014 which can reach tens of thousands of dollars<\/strong>. Before you list, call your lender and ask two questions: what is the penalty today, and on what date does it drop? Shifting your listing by a few weeks can save real money.<\/p>\n Knowing the full picture before you price the home is what turns a good sale into a predictable one.<\/p>\n I\u2019m Jack Zhu, a RE\/MAX Select Properties realtor licensed since 2012 and focused on Vancouver\u2019s West Side. Call 604-889-1640 or register on the selling guide page<\/a> for a free home evaluation that includes your estimated net proceeds.<\/p>\n General information only, not tax or legal advice. Commission and fee figures are typical market ranges; confirm your own figures before listing.<\/p>\n","protected":false},"excerpt":{"rendered":" \u201cWhat will I actually walk away with?\u201d is the first question most Vancouver West sellers ask me \u2014 and the honest answer is: less than the sale price minus the mortgage. Commission, legal fees, taxes and preparation costs typically add up to 3.5\u20134% of the price. Here is every major cost of selling a home in Vancouver in 2026, with a worked example on …<\/p>\n","protected":false},"author":1,"featured_media":29509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[15,16],"tags":[],"class_list":["post-32605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-price","category-real-estate"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n
2. Legal or notary fees: $1,200\u2013$2,500<\/h2>\n
3. Mortgage prepayment penalty: the cost sellers forget<\/h2>\n
4. Getting the home ready<\/h2>\n
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5. Extra costs for condos and townhouses<\/h2>\n
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6. Taxes: most owner-occupiers pay none \u2014 with two exceptions<\/h2>\n
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The bottom line on a $1.5M sale<\/h2>\n
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Want a net-sheet estimate for your home?<\/h2>\n