Commission rates usually vary between 5% and 10% and depend on many factors such as whether the property is a home or land listing, location, etc. HST is added to the commission because you are purchasing a service from the realtor and the government needs to collect their share. Here is an example of how the 6% is dispersed.
On a $100,000 selling price the commission is 6% of $100,000 or $6000 (+ HST).
In this example: Bob Jones is working for Remax and listed a $100,000 home. Michele Smith is working for Exit Realty and her client bought the home.
$6000:
| 25% to the selling company (Exit Realty) | $1500 |
| 25% to the selling realtor (Michele Smith) | $1500 |
| 25% to the listing company (Remax) | $1500 |
| 25% to the listing realtor (Bob Jones) | $1500 |
This is an example of how some commissions may be dispersed. Other realtors may work on a higher percentage and receive more than 25% of the total commission (depends on what company they are working for and their volume of sales).
A common easement is from NB Power. It is written into the deed that NB Power can have power lines or an anchor on your property. It is transferrable to all future owners.