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Relta Real Estate, by Ray Rasouli

Ray Rasouli is a licensed REALTOR® with the Greater Vancouver board, providing clarity-first guidance for buyers and sellers. No pressure, no hype.

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Ray Rasouli, REALTOR® · Real Broker B.C. Ltd.
500-666 Burrard Street, Vancouver, BC V6C 3P6
+1 (778) 910-6917 · ray@relta.ca
Relta Real Estate is a brand and software platform, not a brokerage. Real estate services are provided by Ray Rasouli, licensed with Real Broker B.C. Ltd.

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Home/Cost of selling/Salt Spring

Cost of selling in Salt Spring

Selling in Salt Spring costs about $40,094.

That is on the median Salt Spring home of $1,195,000, about 3.4% of the sale price. Your home is not the median, so put your own number in below.

Median asking

$1,195,000

Share of price

3.4%

33%

Enter the home address you'd like appraised.

Your address helps identify recent sales and market activity nearby. The valuation is prepared personally, not by an algorithm.

Unit or suite
Property address
City
Postal code

On the median Salt Spring home

Commission (illustrative, negotiated)$34,375
GST on commission$1,719
Legal and mortgage discharge$1,500
Preparation and moving$2,500
Estimated total$40,094

On a $1,195,000 home, which is the median asking price in Salt Spring right now, the costs above come to roughly $40,094, or about 3.4% of the sale price.

Commission and the GST on it make up $36,094 of that. Commission is negotiated in your listing agreement, so this is the one line with real room to move.

Selling costs take a slightly smaller share of the price here than in a typical BC market, because the fixed costs are spread across a higher sale price.

Run it on your price

Start with the expected sale

Adjust every amount. The commission shown is an illustrative starting point only and remains fully editable.

Expected sale price
Mortgage balance to repay
Commission before GST

Commission is negotiated in your listing agreement.

Legal and discharge fees
Mortgage penalty, if any
Preparation and moving costs
Other selling costs

Estimated net proceeds

$757,106

Expected sale price, less mortgage payout and estimated selling costs.

Expected sale price

$1,195,000

Mortgage payout

-$400,000

Commission

-$34,375

GST on commission

-$1,719

Other entered costs

-$1,800

Other BC markets

Surrey $36,354Vancouver $45,449Langley $34,697Richmond $36,519Burnaby $32,324Kelowna $29,699Abbotsford $29,723Chilliwack $27,885
What your Salt Spring home could sell forSalt Spring market reportSell now or waitSalt Spring strata fees

Median asking price from BCRES MLS via Bridge Interactive, refreshed daily. Commission in British Columbia is negotiated in your listing agreement; the structure used here is illustrative only and is not a quote or an offer. Legal and moving figures are placeholders you can change. Nothing here is legal, tax or financial advice.