Finder's Fees
Fees paid to licensed associates/brokers for property sales are calculated in accordance with the Fee Schedule below. The Fee Schedule reflects findings of a comprehensive review of standard practices and fee structures currently being used by other municipalities and developer/owners. The fee structure ensures consistency, transparency and our duty to represent the best interests of the citizens.
When the associate/broker is a fully active participant in the negotiations and acts as the point of contact for the transaction, Finder’s Fees will follow the fee schedule below.
Associates/brokers who are also directors or shareholders of the company purchasing the property will not be eligible for any type of fee from The City.
When the associate/broker is a fully active participant in the negotiations and acts as the point of contact for the transaction, Finder’s Fees will follow the fee schedule below.
Associates/brokers who are also directors or shareholders of the company purchasing the property will not be eligible for any type of fee from The City.
A fee may or may not be payable on specific transactions. Please confirm within the property listing of applicable fee details.
Fees will not be payable on transactions that are not publicly listed for sale on calgary.ca/realestate.
Industrial / Commercial/Multi-Residential Land:
| Transactional point of contact / Negotiates on clients behalf | ||
|---|---|---|
| Purchase Price | Finders Fee % rate | Maximum |
| $0 - $1,000,000 | 2.5% | None |
| $1,000,001 - $5,000,000 | 2% | None |
| $5,000,001 - $10,000,000 | 1.5% | None |
| $10,000,001 + | 1% | $250,000 |
Residential:
| Sale price levels | Finders Fee % rate | Maximum |
|---|---|---|
| Sale price levels: $0 - $100,000 | Finders Fee % rate: 3.5% | Maximum: $3,500 |
| Sale price levels: $100,001 + | Finders Fee % rate: 1.5% | Maximum: Remainder of price |