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What is the Lowest Percentage a Realtor Can Charge?

If you’ve been browsing real estate listings in Edmonton or driving past lawn signs in areas like Griesbach or Terwillegar, you’ve probably noticed a wide range of promises regarding commission percentages. But when you’re ready to sign a contract, you want the truth: what is the absolute lowest percentage a REALTOR® can charge?

Technically, because commissions are negotiable, an agent could charge any percentage. However, the real question is: what is the lowest percentage you can pay while still receiving full professional service and ensuring the buyer's agent is compensated?

One Percent for High-Value Homes

The name "One Percent Realty" was born in the high-volume markets of Vancouver and Toronto, and it remains the gold standard for value in real estate. I’m Derek Keet, and I’ve brought that same commitment to the Edmonton market. For homes over $900,000, my commission is 1% of the sale price (our of this, half of this commission is offered to the buyer’s brokerage).

On a million-dollar home, a traditional "7 and 3" commission could cost you upwards of $34,000. By charging 1%, I’m able to save you tens of thousands of dollars while still providing the exact same MLS® exposure and professional negotiation that any "full-priced" agent would provide.

The Problem with "Lower" Than 1%

Occasionally, you might see an advertisement for a rate that seems even lower than 1%. As a knowledgeable agent who has seen it all in the Edmonton market, I urge you to look at the fine print. Often, these "ultra-low" rates are for "mere postings." This means the company does nothing more than put your home on the MLS® system. They don't take the photos, they don't vet the buyers, and they certainly don't stand in your corner during tough negotiations.

More importantly, these rates almost never include the commission for the buyer's agent. In Alberta, if you don't offer a competitive commission to the agent bringing the buyer, your home may sit on the market much longer. The beauty of the "Derek Deal" is that for homes under $900,000, my flat fees already includes commissions offered for the buyer's agent ($3,500 for homes under $400k and $4,500 for homes between $400k and $900k).

Why the Percentage Matters to Your Bottom Line

Your "walk-away" number is what matters most. This is the cash in your pocket after all fees are settled. In Edmonton’s competitive landscape, those extra percentage points can represent a year’s worth of salary for some people.

If you are selling a $600,000 home:

  • Traditional Agent (7/3 model): You pay approximately $22,000 plus GST.

  • Derek Keet ($9,950 flat fee): You pay $9,950 plus GST.

The savings exceed $12,000. That’s a massive win for your financial future. You can see the full breakdown of how I calculate these savings at https://dkeet.ca/1-derek-deal.html.*

Efficiency Over Expense

Why can I offer these rates when other Edmonton agents can't? It’s about efficiency. Traditional brokerages often have massive overhead—expensive offices, large support staffs, and outdated marketing methods, supporting sports teams, large events and other expenses that in the end must all be paid from the sale of real estate and related fess charged. I use the latest digital tools to market your home to the widest possible audience. I focus on what actually sells homes: great photography, accurate pricing, and massive online exposure.

By focusing on a volume-based, high-value model, I can provide the same (or better) service as a traditional agent while keeping the commission percentage low. I don't need to charge you more for paying for things that likely have very little value for you. My focus is on your home and your results.

Choosing the Top Agent for the Best Rate

Being one of the top real estate agent in Edmonton isn't about charging the most; it's about being the most knowledgeable and providing the best value. I know the nuances of every neighborhood, from the new developments in the south to the established communities in the north. I know how to price your home to attract multiple offers and how to handle those offers to ensure you get the best terms.

When you look for the lowest commission, don't just look for a number. Look for a track record. Look for a full-service guarantee. If you want to keep more of your money and still get the professional representation you deserve, the choice is clear. Visit https://dkeet.ca/ to learn more about how I can help you navigate the Edmonton market with confidence and significant savings*.

Derek Keet | One Percent Realty 

Edmonton REALTOR® 

587-803-0396  https://linktr.ee/dkeet 

Edmonton Real Estate Agent | Helping Homeowners Sell for Top Value

*Compared with a broker charging 7% on the first $100,000 and 3% on the balance, plus GST. Not all brokers charge the same.

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What is the Lowest Commission a Realtor Will Take?

When you decide to sell your home in Edmonton, the first thing that usually crosses your mind—after "how much can I get for it?"—is "how much is this going to cost me?" It’s a fair question. You’ve worked hard for your equity. Whether you’re in a character home in Strathcona or a modern build in Windermere, that equity represents your future. So, when you start looking into commissions, you naturally want to know: what is the lowest commission a REALTOR® will take?

I’m Derek Keet, and as a top real estate agent in Edmonton, I believe in being 100% transparent. The first thing you need to know is that in the real estate industry, all commissions are negotiable. There is no "law" or "standard" that dictates a minimum fee. However, when you start looking for the lowest possible rate, you have to be very careful about what is actually included in that price. Many times, if an agent offers a rate that seems too good to be true, they are stripping away essential services or leaving you to pay the buyer's agent out of your own pocket later.

The Truth About "Low" Commissions

In the traditional Edmonton market, you’ll often hear about the "7 and 3" model. This is where a brokerage charges 7% on the first $100,000 of the sale price and 3% on the remaining balance. On a $450,000 home, that adds up to roughly $17,500 plus GST. When people search for the lowest commission, they are looking for a way to protect that equity.

But here is the catch: if an agent tells you they will list your home for an incredibly low flat fee, ask them if that includes the commission for the buyer’s agent. Often, it doesn't. In a typical real estate transaction, the total commission is split between the listing side and the buying side. If you pay a "discount" agent a tiny fee just to put your home on the MLS®, you might find yourself stuck also paying 3% or more to the agent who brings the buyer. Suddenly, that "low" commission isn't so low anymore.

The One Percent Realty Advantage

At One Percent Realty, we’ve structured our fees to be the benchmark for value in Edmonton, without the hidden gaps. The One Percent commission fees are built on the principle of providing full service for a predictable, fair price that already accounts for both sides of the transaction.

For homes under $400,000, I charge a flat fee of $7,950 plus GST. The most important part? That $7,950 includes $3,500 that is offered to the buyer’s agent. This is crucial. It ensures that every REALTOR® in Edmonton is offered commission to show your home to their clients, while you still save thousands compared to traditional rates.

For homes between $400,000 and $900,000, the fee is $9,950 plus GST. This tier includes $4,500 offered to the buyer’s agent. This covers a massive portion of the Edmonton housing market, providing a full-service experience—including professional photos, MLS® exposure, and expert negotiation—for a fraction of what "higher commission" agents charge.

Why "Lowest" Shouldn't Mean "Less"

As the most knowledgeable real estate agent in this city, I can tell you that "low commission" should never mean "low service." Some discount models are "mere postings," meaning they just put your home on a website and leave you to do the work. You handle the phone calls, you host the open houses, and you handle the high-stakes legal negotiations.

When you work with Derek Keet, you get a full-service partner. I handle every aspect of the sale. My goal is to ensure your home looks better than the competition and sells for the best possible price, all while keeping your costs down. I use modern marketing technology to reach buyers where they are—online. Because I operate more efficiently, I can pass those savings directly to you.

Protecting Your Equity

Let’s look at the math. If you’re selling a $500,000 home in Edmonton using a traditional 7%/3% model, you could be looking at a commission of around $19,000 plus GST. With me, using the $9,950 tier, you are saving nearly $10,000. That is money that stays in your bank account for your next down payment, your retirement, or your family’s future.

To see a detailed breakdown of how these savings work for your specific home price, visit https://dkeet.ca/1-derek-deal.html. I lay everything out because I believe that when you have the facts, you’ll see why I am positioned as the top choice for savvy Edmonton sellers.

Positioning Yourself for Success

In the Edmonton market, timing and presentation are everything. Whether you are selling a condo downtown or a family home in the suburbs, your goal is maximum equity. By choosing Derek Keet, you aren't just getting a "discount"—you are getting a top-tier agent who understands how to leverage a high-value model to get you the best results.

If you’re ready to see what full service looks like without the bloated price tag, let’s chat. You can find more information about my services at https://dkeet.ca/. Don't leave your equity to chance or get caught by "low" rates that don't include the full picture. Work with the best, pay less, and get more.

Derek Keet | One Percent Realty 

Edmonton REALTOR® 

587-803-0396  https://linktr.ee/dkeet 

Edmonton Real Estate Agent | Helping Homeowners Sell for Top Value

*Compared with a broker charging 7% on the first $100,000 and 3% on the balance, plus GST. Not all brokers charge the same.

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Data last updated on August 24, 2026 at 05:30 AM (UTC).
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