Question 1

What Do Buyers Have To Pay In Commission?

Accepted Answer

Buyers may be asked to sign a Buyer’s Representation Agreement (BRA) with their realtor, detailing the commission amount and payment terms. Generally, the buyer’s agent is compensated through the listing brokerage from the sale proceeds, relieving the purchaser of any direct commission payments. However, it’s important to discuss compensation details with your realtor before signing the agreement, as there may be exceptions to this rule.

Question 2

What is a real estate agent’s role in buying?

Accepted Answer

A real estate agent plays a crucial role in the home buying process in Toronto. They assist buyers in finding suitable properties, negotiating offers, navigating legal and financial aspects, and coordinating inspections and closings. Additionally, they provide valuable market insights and expertise to help buyers make informed decisions.

Question 3

Why do I need to get my finances in order?

Accepted Answer

Getting your finances in order is essential when buying a home. This includes assessing your credit score, saving for a down payment and closing costs, and getting pre-approved for a mortgage. Having your finances in order demonstrates to sellers that you’re a serious buyer and strengthens your negotiating position when making offers on properties.

Question 4

What property type is right for me?

Accepted Answer

Choosing the right property type depends on your lifestyle, preferences, and financial situation. Options in Toronto range from single-family homes to condos, townhouses, and lofts, each offering unique benefits and considerations. Your real estate agent can help you evaluate your needs and priorities to determine the best property type for you.

We believe in a personalized
approach to real estate.

At Stanway Real Estate, our commitment to you goes beyond mere transactions;
it’s a pledge of professionalism, dedication, transparency, and unwavering
integrity that shapes every aspect of our service.

Unmatched Expertise,
Exceptional Results

30+

combined years of experience

165M+

combined sales in the past 5 years

5% Team

amongst the top REALTORS® in Toronto

December 2025 Market Stats

GTA home sales slowed in 2025, but higher inventory and softer prices gave buyers more room to negotiate.

We believe in a personalized approach to real estate.

At Stanway Real Estate, our commitment to you goes beyond mere transactions; it’s a pledge of professionalism, dedication, transparency, and unwavering integrity that shapes every aspect of our service.

Unmatched Expertise, Exceptional Results

30+