Expenses when Selling a Property in Calgary, Canada

Expenses when Selling a Property in Calgary, Canada

The sale and purchase of real estate in Calgary is supervised by the board of professionals in each city, so in Calgary the sale and purchase of real estate is governed by the “Calgary Real Estate Association” (CREB). In Canada the only way to become a real estate seller is to follow certain courses and certifications to become a certified real estate seller and also maintain a relationship with a real estate agency such as Re-Max, Urban Real Estate, etc.

The sellers of houses and condominiums in Canada have access to all the listings that are in the MLS (Multiple Listing Service) so you as a buyer do not have to make appointments with each of the agents that sell houses in the Calgary area You are looking for, but a real estate agent can show you all the houses you want to see. On the other hand, if you are selling your property, the Real Estate agent representing you will place your property in the eyes of more than 4,500 sales agents in Calgary. Below is a list of expenses when selling a property

What are the expenses when selling a property in Calgary, Canada?

-If the property you sell is your main residence, you do not pay taxes for the sale
-Commission of Real Estate Agents (The buyer and the Seller agent)
-If your mortgage is not yet completed, the bank will charge you a fine for terminating it before the five year term
-Sale Expenses with the Attorney/lawyer
-Moving Company

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